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Search Venture Capital News : 16th May 2012 - 23rd May 2012

Companies Receiving Investment

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Venture Capital

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
16 May 2012£30m investment in shopping centre - 500 new jobs - 18 new retail premisesSurrey Quays Limited (a joint venture between British Land and Tesco) has been granted planning permission for a 110,000 sq ft extension to Surrey Quays Shopping Centre at Canada Water in South East London creating 18 new shops and restaurants plus four new kiosk units. An extensive refurbishment of the existing shopping centre is also proposed. The project will cost £30m to complete and 500 permanent positions will be created as a direct result. David Pollock is Retail Development Manager for British Land.
Surrey Quays Limited
£6m£6m2
16 May 2012£2.5m investment - Business growth - Sales up 50 per cent - New jobs createdManufacturer I-Plas, based in Halifax in Yorkshire, has received £2.5m from a venture capital investor to help finance product development. As a result sales have increased by £2m, from £4m to £6m, following the development of new products. The company has also increased its sales team. Grahame Hall is Chief Executive of I-Plas.
I-Plas Group Limited
£5m£-1.6m701
16 May 2012£1m investment in data centreCommunications specialist Daisy Group, based in Lancashire, has invested £1m in a state-of-the art data centre in the former Bank of Engaldn gold bullion vault in Manchester City Centre. The new ultra-secure facility, is its most advanced and also most energy efficient in the companys portfolio.
Daisy Group
£266m£-15.8m2,2134
16 May 2012£1bn extra spending - 300 jobs created - Increased demandCar giant Jaguar Land Rover is to spend an extra £1 billion with suppliers in the UK over the next four years, and plans to create 300 jobs. The company has seen increasing global demand for its cars. The jobs will be based at the new logistics facility in Ellesmere Port, Cheshire, which will open in summer 2012.
Jaguar Land Rover Plc
£9,871m17,2551
22 May 2012Profits soar at Intermediate CapitalIntermediate Capital, the mezzanine financing company, has hiked its dividend and grown profits despite strong Eurozone headwinds.
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