This Investment Tracker provides a listing of business openings, expansions and business investment in the City of York. It is based upon planning applications, press releases and media reports.
While every effort has been made to ensure a high degree of accuracy the authors can make no guarantees as to the accuracy of information quoted and interested parties should seek further independent clarification if further details are required.
University of York (Domestic) – York – Property Investment
Support services and construction group Interserve has completed its latest project for the University of York. The £27m Piazza Learning Centre, which was designed by architects Race Cottam Associates and project managed by Faithful and Gould, is a key element in the university’s development plan for Campus East.
Breakout Games (Domestic) – Scotland – Leisure
Breakout Games has invested more than £50,000 to convert premises on Tower Street to provide a new escape room game, creating 12 jobs. The York venue it’s the Scottish company’s first site south of the border.
Pavers Shoes (Domestic) – York – Manufacturing
Shoe retailer Pavers has acquired Jones Bootmaker from private equity firm Endless. The deal is expected to safeguard almost 400 jobs.
Boultbee Brooks Real Estate (Domestic) – London – Property Investment
Boultbee Brooks Real Estate has bought mixed-use Tower Court property in York currently home to tenants including Farmfoods and Regus for more than £6m. They have also purchased 6-24 George Hudson Street, currently home to tenants including My Knowledge Map, bus operator First York, and engineering consultancy Halcrow for £5m
Lend Lease (FDI) – Australia – Property Development
Planning consent has been granted for almost 200 build-to-rent apartments at the Hungate development in York. Lend lease and Evans Property Group were granted consent at York City Council’s planning committee meeting on 14 February.
Hydrotherm (Domestic) – York – Business Investment
Hydrotherm has secured a £400,000 investment from NPIF – Mercia Equity Finance to develop a range of water heating products for off-grid energy markets
Software Box (Domestic) – York – IT
IT reseller and services provider Software Box has expanded with additional space at Green Park Business Centre in Sutton-on-the-Forest, York. It already occupies three units at the centre and employes 130 staff
Cooper King Distillery (Domestic) – York – Food and Drink
A new gin and whisky distillery is set to open in Sutton-on-the-Forest. The distillery will open its doors to members of the public in spring 2018. The whisky distillation will follow in summer 2018, with a predicted release date of 2023.
Brew York (Domestic) – York – Food and Drink
Brew York Craft Brewery has submitted an application to extend its facility, which could include a new street food kitchen. The company wants to redevelop a three-storey building next to its current facility off Walmgate, where it produces 13,400 pints of beer a week. The brewery currently employs 17 staff and the proposals could support the creation of a further 11 roles.
SES Engineering Services (Domestic) – York – Construction
SES has relocated its 140-strong York team to new offices in the city. The company has signed a ten-year lease to occupy new office space within the Aviva building at Moorside, Monks Cross. The move brings together over 140 employees who had previously been based in different city centre locations into a first-class, newly refurbished building, as well as creating space for further expansion.
National Railway Museum (Domestic) – York – Leisure and Tourism
The National Railway Museum in York has set out plans for a £50m renovation in the biggest upgrade in its 40-year history. It is hoped that the seven-year project will enable the museum to grow to more than one million per year.
Handlesbanken (FDI) – Sweden – Financial and Professional Services
Handelsbanken has agreed a deal to take newly refurbished office space at Clifton Park in York. The team will occupy more than 3,000 sq ft of quality office space at Maple House on Clifton Park business park.
Motiv8 (Domestic) – London – Leisure
A new gym is set to open in a prominent building in York city centre. The new facility is being developed at Stonebow House by motive8, which specialises in the design, installation and management of health and fitness facilities. The gym will lease 8,800 sq ft on the remodelled ground floor and will offer a full range of gym equipment alongside studio space for classes, state of the art spa recovery zone and a licensed bar and restaurant
Troia Restaurants UK Ltd (The Ivy) (Domestic) – London – Leisure/Tourism
The Ivy has opened its latest Grill and Brasserie restaurant in St Helens Square York.
Marchbrae (Domestic) – Edinburgh – Retail
Scottish Fashion Brand Marchbrae have opened a new store in St Helens Square.
Ippuku Tea House (Domestic) – York – Leisure
A new Japanese tea House has opened on Blake Street
Abingdon Health (Domestic) – York – Bioscience Business Investment
York-headquartered Abingdon Health Ltd has announced the completion of a £1.1m funding round, which has been raised from current shareholders. The funding will be applied to working capital and will be used for the continued extension of the company’s lateral flow device product set and associated reader systems.
RotaCloud (Domestic) – York – IT and Digital Business Investment
RotaCloud have taken 2,700sqft of newly refurbished space at George Hudson Street. RotaCloud which provides rota planning software to a base of over 1,500 customers worldwide has seen staff numbers almost treble in the last 12 months.
Clarion Housing Group (Domestic) – Property investment
Latimer, part of Clarion Housing group has purchased the former Nestlé factory building in York with plans to transform the building into 258 apartments. The scheme which already has planning permission has a gross development value of £77m.
Legal & General (|Domestic) – London – Property Investment
Funding has been secured for a new cinema and retail scheme at the Vangarde development in York. Legal & General is to fund Wrenbridge Sport and the City of York Council’s development of the Vangarde leisure scheme at Vangarde Way, Monks Cross, York. Totalling £35m, L&G’s investment, on behalf of its Leisure Fund, will build a new 13-screen IMAX 50,000 sq ft cinema which has been pre-let to Cineworld, as well as various restaurants and retail units.
Duncan Renewables/VerdEnergy (Domestic) – York – Renewable Energy Business Investment
York-headquartered biomass supplier VerdEnergy, part of Duncan Renewables, has secured £200,000 funding from Mercia Debt Finance, part of the Northern Powerhouse Investment Fund to support its future growth.
PowerOn (Domestic) – York – IT Business Investment
York-headquartered IT automation specialist PowerOn has almost doubled its turnover to more than £2m and also recruited 11 new team members during the past year.
CB Information Systems (Domestic) – York – IT Business Investment
York-based CB Information Systems has received £500,000 funding from Mercia Equity Finance, part of the Northern Powerhouse Investment Fund, to support BinaryBots, a new venture developing toy robots that teach children how to code. Over 6,000 kits have already been sold and the company has signed up resellers in Europe and North America and is in talks with a number of large UK retailers.
Bakeplan software (Domestic) York – IT and Digital Business Investment
Bakeplan has been awarded a grant of more than £40,000 to help it develop automated systems for the food industry.
Selco (Domestic) – London – Retail
Selco Builders Warehouse are due to open a new York depot creating 50 jobs.
Brecks Company Ltd/Hydrotherm Ltd (Domestic)
Two businesses have taken space at Escrick Business Park. The Brecks Company Ltd. has taken a one year lease on a 1,660 sq ft two-storey office at Escrick Business Park. Whilst Hydrotherm Ltd has taken an initial six month lease on a 1,360sq ft suite.
Direct Wood Flooring/Connection Retail (Domestic) – County Durham
Direct Wood Flooring has opened a new store in York following a £150,000 investment. The opening of the 3,175 sq ft store, its first in Yorkshire, creates four new jobs.
J Rotherham Masonry (Domestic) – York – Business Investment
The stone masonry business is expanding its premises in Holme-on-Spalding-Moor near York with the support of a six figure funding package from HSBC. The investment will allow the firm to expand its manufacturing facility and means that J Rotherham expects to grow its revenue by 20 per cent over the next 12 months.
Joseph Rowntree Housing Trust (JRHT) (Domestic) – York – Property Investment
Property developer Wates Residential has been appointed to build a £24m extra care village development in the garden village of New Earswick on behalf of the Joseph Rowntree Housing Trust (JRHT)
Bytes Technology Group (Domestic) – Letherhead – IT Business Investment
Pocklington based Phoenix Software has been acquired by Bytes Technology Group, a Leatherhead-based major Microsoft reseller. The combined business will boast combined revenues this year of about £400m and a total staff headcount in the region of 480.
Magnitude Software (FDI) – USA – IT Business Investment
York-based technology company, Agility Multichannel which has offices in the US and Sweden has been acquired by US-based group Magnitude Software Inc.
BHP (Domestic) – Sheffield – Financial and Professional Services
Chartered accountants BHP has expanded its presence in York with the relocation to a three storey, 4,500sq ft building at St Mary’s Court.
Filmore and Union (Domestic) – Leeds – Food and Drink Business Investment
Filmore & Union is undertaking a £100,000 makeover of its York restaurant. The Petergate restaurant opened in 2012 as the first Filmore & Union store of the now 14-strong chain and is set to re-launch in November more focused on being an evening destination.
New World Foods (Europe) Ltd (Domestic) – York – Food and Drink/Business Investment
New World Foods will expand its capacity after receiving a seven-figure funding deal from HSBC worth £1.07m. The company plans to create up to 20 new manufacturing jobs in the coming 12 months as well as increasing its turnover by 50 per cent over the next year.
Innov8 Technology Limited (Domestic) – Stockport North West – IT and Digital/Business Investment
Innov8 Technology has acquired York headquartered Sage solutions expert, Viking Management Systems for an undisclosed sum, expanding its geographical reach from the North West into Yorkshire and the North East. Innov8 and Viking will continue to operate under their individual brand names
Krispy Kreme (Domestic) – Surrey – Retail
Krispy Crème has opened its new doughnut shop on Coney Street.
Savills York (Domestic) – York – Property
Residential and rural property services business Savills York has relocated its 48 strong team to a larger office at River House on Museum Street
Revolution Waves (Domestic) – York – Food and drink
York-based Revolution Waves has received £25,000 funding from NPIF – BEF & FFE Microfinance, part of the Northern Powerhouse Investment Fund. The loan from the Business Enterprise Fund will help create nine jobs.
Landmark York building comes to the market for £12m – Property Investment
An eight-storey 88,294 sq ft landmark building in the heart of York is being sold with approval to change it to 77 apartments. Steamrock Capital are selling Rydale House, which currently houses offices. It is located in York City Council’s designated ‘Castle Gateway’ regeneration area.
Aldi (FDI) – Germany – Grocery Retail
Aldi will open its third York store this week – with an Olympic medallist cutting the ribbon and free shopping giveaways.
Muddy Boots Nursery (Domestic) – York – Business Investment
Muddy Boots Nursery has relocated into a new purpose-built facility in York after securing a six-figure funding package from HSBC. After acquiring a £795k commercial loan from HSBC, the nursery was able to invest in building a new £1.3m site at Boroughbridge Road. As a result of moving into a new facility, the business expects to recruit eight new staff members over the next 12 months.
Axcel Group Ltd (Domestic) – London – Leisure and Toursim
Hotel 53 on York’s Piccadilly has been sold to London-based hotel management firm Axcel Group off a guide price of £13m. It will form part of the groups hotel portfolio which includes the Mercure Edinburgh Haymarket Hotel and AC Marriott Manchester.
York-headquartered modular building manufacturer Portakabin has posted turnover and profit growth in its latest set of accounts. In the 12 months to 31 December 2016, Portakabin has experienced continued growth with annualised increases in both turnover (£300.3m) and proﬁt before tax (£38.2m).
Gear4Music (Domestic) – York – Business Investment
York-headquartered musical instrument retailer Gear4Music has bought a new head office after securing funding from HSBC. Gear4Music purchased the new 50,000 sq ft premises in Holgate Park, York, for £5.3m, part-funded by a package worth £3.7m from the bank.
Stage One (Domestic) – York – Creative and Digital
Stage One Creative Services will expand and invest in its existing home at Marston Moor Business Park in Tockwith by taking an additional 15,000 sq ft of space and signing a new 15-year lease on its existing buildings.
Hudsons at the Grand Hotel and Spa (Domestic)
The Grand Hotel and Spa has reopened its 3 AA rosette restaurant following renovation as part of the hotels £15m refurbishment.
Sea Holding Limited (Domestic) – York – Business Investment
York-headquartered Sea Holding Limited which operates the Saville AV, Quadra Concepts and Ikure brands has built turnover and increased profits by almost 50 per cent. Turnover has increased from £40m to £42.2m for the year ending 31 December 2016, whilst profit before tax increased to more than £2.1m from £1.4m, an increase of 48.2 per cent.
QFM Group (Domestic) – Sheffield – Leisure and Tourism
Sheffield-based fast food franchise operator QFM Group has acquired a 19,000 sq ft site for a new Taco Bell restaurant at Monks Cross in York. This site will house QFM Group’s first restaurant in York and is expected to create approximately 40 new jobs.
Standard Life Investments Property Income Trust (Domestic) – London – Property Investment
Standard Life Investments Property Income Trust has sold its office building on the Heslington-based York Science Park. The business sold the 25,600 sq ft office on York Science Park for £4.35m, ahead of the June 2017 valuation figure of £4.3m.
Random Encounter – (Domestic) – York – Gaming Cafe
York’s first pop culture café reveals its city centre location. The venture, called Random Encounter was hoping to open later in the summer after raising more than £10K with its Kickstarter campaign.
Now the duo behind Random Encounter, Ellen Stubbings and Wes Hall, have announced the location – 9 Gillygate. This is the former home to Bluebells Of York – and it is a good fit, as it is next door to video game emporium Sore Thumb Retro Games.
Barnitts (Domestic) – York – Retail
Barnitts to open new 7000 sq ft store on James Street. Plans are in to convert a warehouse on James Street into a sister store. With parking provided it will also be the place for shoppers to pick up items ordered from Colliergate via the ‘click and collect’ online service.
Five Guys burger Restaurants (FDI) – Virginia– Restaurant
The US company is currently fitting out 47 Low Petergate – formerly home to the Christmas Angels shop – ready to bring a different burger concept to the city.
FortyFive Café (Domestic) – York – Retail/Cafe
Three men on a music mission have opened York’s first vinyl café, the On Micklegate
Craft Breweries say cheers to six figure loan
The breweries, including York-based Rudgate Brewery, have received a combined funding boost of more than £132K from BEF, a social enterprise offering funding and mentoring for businesses across Yorkshire and the North East.
Crew Clothing Company (Domestic) – London – Retail
Crew clothing Company have opened a new store on Low Petergate, York.
Power Body Nutrition (Domestic) – York – Business Investment
York based sports supplement business, Power Body Nutrition, has seen a £200,000 injection from the Northern Powerhouse Investment Fund. The debt funding marks one of the first investments by the NPIF in the York area since its launch earlier in the year.
Yorwaste (Domestic) – North Yorkshire – Business Investment
Yorwaste has invested £3m in a new waste transfer station in York, with the capability of handling 75,000 tonnes of waste each year.
S Harrison (Domestic) – York – Retail/Residential Development
Work is underway at grade II-listed hunter House on Goodramgate in York. S Harrison has started work on the final phase of a mixed use residential and retail development in the city centre. The upper floors of the building, which is just 120 metres from York Minster, have already been transformed into 14 one and two bedroom apartments by the company. The final phase will create ground floor leisure and retail opportunity.
Continuum (Domestic) – York – Business Investment
Continuum Attractions, based in York, has purchased Welsh adventure park GreenWood Forest Park for an undisclosed sum. The park will be Continuum group’s first outdoor business within its nine-strong list of attractions, which predominantly features themed and heritage sites. Alongside York Chocolate Story, Continuum Attractions owns, operates and manages The Real Mary King’s Close, in Edinburgh; The Canterbury Tales, in Canterbury; Oxford Castle Unlocked, in Oxford; Emirates Spinnaker Tower, in Portsmouth; and The Emmerdale Studio Tour and Village Tour, both in Leeds, as well as operating a management contract at The Royal Mint Experience, in Cardiff.
York Test (Domestic) – York – Life Science / Business Investment
The management team at York based food testing laboratory – York Test – has completed an £8.6m MBO aided by private equity house key capital partners.
StarCompliance (FDI) – USA – IT/Digital / Business Investment
US software company StarCompliance, which has its R&D division in York and provides compliance and regulatory software solutions for the financial services industry, has received an investment from Luminate Capital Partners, a San Francisco-based private equity firm, helping to bolster its growth plans.
Animalcare (Domestic) – York – Business Investment
YORK veterinary medicine and animal healthcare group has seen an eight per cent rise in sales to almost £16 million ahead of acquiring a Belgian-based counterpart. Animalcare Group published a trading update revealing underlying operating profits, for the 12 months ending June 30, are set to increase nearly 12 per cent to £3.57 million.
Jessops (Domestic) – Marlow – Retail
Camera Specialists Jessops have returned to York after 4 years opening a new store on Coney Street, York.
Origins (Domestic) – London – Retail
Natural Beauty product brand Origins have opened a new store on Stonegate, York.
York Community Stadium Development (Domestic) – York
Work will begin on York’s £44m community stadium in October.
Oakgate group (Domestic) – Wetherby – Commercial Development
Oakgate group has proposed plans for an expanded site next to the designer outlet in York. The site would include offices business space and a 750 space carpark, supporting the creation of 2,000 new jobs.
York Cocoa House (Domestic) – York – Food and Drink
Plans for a £750,000 chocolate factory in York, which will create up to 20 new jobs across the operation, have been approved by City of York Council.
Eurofins Group (FDI) – Luxembourg – Business Investment
York EMC Services (YES), a subsidiary of the University of York, has been acquired by Luxembourg-based analytical services provider Eurofins Group. Eurofins has an international network of over 310 laboratories across 39 countries in Europe, North and South America and Asia-Pacific employing more than 28,000 staff. The acquired business will continue to be known as York EMC Services.
York Racecourse (Domestic) – York – Leisure and Tourism
Plans to invest £4m to transform the former course enclosure and clock tower surroundings at York Racecourse have been recommended for approval.
Empiric student Property (Domestic) – London – Residential Development
WORK has started on the development of a 106 bedroom student housing block in the centre of York. York-based development company S Harrison have appointed GMI Construction Group PLC on and the company has immediately started work on the £6.2m contract.
Stage One (Domestic) – York – Business Investment
Creative construction and manufacturing company Stage One has invested £1m into a next generation 3D printing business. Fluxaxis is a start-up being incubated by Stage One which will explore the potential of digital manufacturing using 3D printing, scanning and design.
Newby (Domestic) – North Yorkshire – Residential Development
Property development company Newby is aiming to transform the former Nestle factory – The Cocoa Works – into 258 apartments while maintaining its industrial heritage with minimal change to the façade. The plans will create a mix of one, two and three bedroom apartments and a new 4,000 sq ft convenience store.
The Helmsley Group (Domestic) – York – Property
York based Helmsley Group has expanded its Northampton portfolio by acquiring a town centre building. The group has bought Woodlands House in Northampton town centre for £3m. The purchase brings the group’s property portfolio to 57 buildings across the UK worth in excess of £125m.
Aldermore Group (Domestic) Peterborough – Financial and Professional Services
Listed challenger bank Aldermore Group has acquired a 48 per cent stake in AFS Group Holdings, an independent funding provider with offices in York and Blackburn.
Animalcare (Domestic) – York – Business Investment
York-based supplier of veterinary medicine and products, Animalcare, is to acquire a larger European animal health company in a reverse takeover. Animalcare Group, has entered into a conditional share purchase agreement to acquire Belgium-headquartered Ecuphar NV. The enlarged group will have combined revenues of around £84m.
Steam Rock Capital – (Domestic) – London – Mixed Use Development
One of York’s most recognisable buildings is to be regenerated into a residential mixed-use development that will retain its famous frontage. Steamrock Capital and Wetherby-based Oakgate Group have worked together on plans to redevelop the Banana Warehouse on Piccadilly. The plans will see the historic and iconic façade of Banana Warehouse retained and a new three to five-storey building constructed behind the feature, housing 49 apartments, retail units on the ground floor and parking.
Yorkshire Heart Vineyard (Domestic) – York – Business Investment
A successful vineyard and brewery based in Yorkshire has plans to create a new visitor centre to offer tours and tastings. Yorkshire Heart , a vineyard and brewery based in Nun Monkton near York, has agreed a funding deal with Barclays to finance the creation of a new visitor centre for the business
York Racecourse (Domestic) – York – Leisure and Tourism
The owner of York Racecourse has posted record turnover in its latest financial accounts. During the 12 months to 31 October 2016 York Racecourse Knavesmire, which runs the racecourse and re-invests the profits into the operation, achieved turnover of £21.3m in 2016 to set a new record, eclipsing the previous best of £20.5m achieved in 2015.
Gusto (Domestic) – Cheshire – Retail and Leisure
Italian restaurant and bar chain Gusto will open their 17th outlet on Little Stonegate in York in July. The move follows a £1m refurbishment to transform the old Mulberry Hall shop into a 120 cover venue, creating 60 jobs.
Symbiosis IP (Domestic) – Life Sciences
Symbiosis IP has taken space at the National Agri-food Innovation Campus on the outskirts of York.
FPCR (Domestic) – Derby – Evesham – Life Sciences
Environmental and integrated design company FPCR have taken space at the National Agri-food Innovation Campus on the outskirts of York.
PowerON (Domestic) – York – IT and Digital
IT solutions and consultancy business PowerON has signed a three year lease on ground floor office space at the former Time Office at York’s historic Terry’s chocolate factory to act as its Head office. Since forming just 2 years ago the company, which has offices in Surrey and Lincoln, has seen rapid growth and now employs 26 people.
Gear4Music (Domestic) – York – Business Investment / Retail
York-headquartered online musical instrument and equipment provider Gear4Music has successfully raised £4.2m with a placing and will use the money to accelerate its growth.
The business will invest in accelerated development of its bespoke IT platform as well as in international expansion and accelerating translation and multilingual resources. It will also look into investing further in its new UK head office and developing the German and Scandinavian hubs.
Splendid Hospitality Group (Domestic) – Middlesex – Leisure and Tourism
The latest phase of the five star hotel’s £15m expansion has been unveiled. The 130-cover restaurant will become part of a £15m expansion project which will also see the addition of 101 bedrooms when a new accommodation wing opens later this year. Set to open June, ‘The Rise’ is the latest venture from The Grand Hotel & Spa, York, offering a twist on British favourites from Chef Craig Atchinson.
Gear4Music (Domestic) – York – Business Investment / Retail
Online retailer gear4Music has had a record year, and is expanding with a £5.3m HQ acquisition on the back of it. Revenues reached £56.1m for the York-based business in the year to February 2017, up 58% on the year before. The company made pre-tax profits of £2.3m, compared to a loss of £43,000 in 2016.
CPP (Domestic) – York – Insurance
Credit card insurance business CPP is selling its York HQ to Gear4Music for £5.3m. The deal, was revealed after Gear4Music announced it would be expanding its base in York.
Tailor Made Media – (Domestic) – York – Digital/Creative
Two months after moving to York Science Park and securing a place on the Springboard programme digital marketing agency Tailor Made Media has outgrown its first office and is preparing to move to bigger premises. The 7 strong team will move into a 12 person space ready for rapid growth and further recruitment.
Herbet Todd & Son (Domestic) – York – Retail (electrical goods)
Herbet Todd & Son has moved into new purpose built premises in York to allow further growth. The new building in Monks Cross offers 10,000sq ft of showroom and warehouse space.
City Cruises (Domestic) – London – Leisure and Tourism
City Cruises has acquired York Boat in a £2.5m deal. The business will run under the City Cruises York banner.
Lawrence Luxury Apart Hotel (Domestic) – York – Leisure and Tourism
Lawrence Luxury Apart Hotel is investing £2.8m in a new city centre building. The former office building on tanner row, off Micklegate is set to be converted into 13 one-bedroom apartments covering 7,500 sq ft over three floors.
Savills (Domestic) – Property
The team of 47 at Savills York is set to occupy the former Grand Central headquarters in River House, Museum Street. The move follows the merger of Savills and Smiths Gore in June 2015, and will see the teams relocate from existing premises in Merchantgate and Bootham.
CAPITA (Domestic) – Leisure and Toursim
Capita has made moves to expand its operations in the travel and events market with the acquisition of a York-based event logistics firm. NYS Corporate, based at York Science Park, will form part of Capita’s Travel and Events division. The firm will retain its brand identity and continue to operate with its team of 62 staff.
BHP (Domestic) – Sheffield – Business Investment / FPS
BHP, one of Yorkshire’s largest independent firms of chartered accountants, is to join forces with family-run Atkinsons Consulting Limited. The move marks further expansion into York for Sheffield-headquartered BHP after it acquired Barron and Barron in 2013, taking on their offices in Micklegate.
Sweaty Betty (Domestic) – London – Retail
Sportswear brand Sweaty Betty has opened a new store on Stonegate York.
Cosy Club (Domestic) – Bristol – Leisure and Tourism
Cosy Club have opened up a new restaurant/bar on Fossgate.
Ness Clothing (Domestic) – Edinburgh – Retail
Ness clothing opened a new store on Stonegate in York
Capita (Domestic) – Business Investment / Leisure and Tourism
Professional services company Capita has acquired York based NYS Corporate, which specialise in business travel and events logistics for large businesses including 02, the NHS and Siemens.
Covance (FDI) – USA – Life Sciences
Covance (a subsidiary of Laboratory Corporation of America), one of the world’s leaders in drug development, is expanding its presence in the UK by establishing a purpose-built laboratory at the National Food and Agri Innovation Campus (NAFIC) on the edge of York on a 10-year lease
Saville Audio Visual (Domestic) – York – Business Investment / Digital Creative
The management of Saville Audio Visual have acquired the £41m turnover business.
Paragon Entertainment (Domestic) – York – Leisure and Tourism
Paragon Entertainment, which designs and builds attractions for brands such as toy store chain Hamleys and the Titanic Belfast, has reported annual results featuring a surge in revenues. In the year to 31 December 2016, group revenue rose by 70 per cent to £14.4m while EBIDTA climbed from £240,000 to £1.2m.
Rollits (Domestic) – Hull – Business Investment / FPS
Law firm Rollits has acquired a building at Monks Cross in York to relocate its North Yorkshire offices. Forsyth House, a 6,000 sq ft building, has been sold by Flanagan James Property Consultants on behalf of undisclosed private investors.
Chafer (Yara UK – owned) – (Domestic) – Grimsby – Business Investment / Bioscience
Plant product manufacturer Chafer has invested £1m in its liquid fertiliser site in Elvington, increasing its handling and storage facilities.
Cairn Group (Domestic) – Newcastle – Leisure and Tourism
Cairn Group is set to reopen Grade 2 listed York Bar as Jalou after a £1.1m investment. The brand will launch for the first time outside Newcastle, creating 30 jobs in the city.
Pavers Shoes (Domestic) – York – Retail
York-based retailer Pavers has acquired four Brantano shoe stores from administrators PwC. The four stores, in Lincoln, Bournemouth, Newton Abbot and Newport on the Isle of Wight have been acquired for an undisclosed sum.
Hunters Estate Agency – (Domestic) – York – Business Investment / Property
York based estate agency Hunters have posted impressive results as it enters its 25th year. Revenues were up 15% to £13.8m with pre-tax profits of £987,000 up from £880,000.
ACM Global Labs – (FDI) USA – Business Investment / Bioscience
ACM Global Laboratories are set to create more than 160 new jobs in York following a £1m expansion of the US Company’s European Headquarters in the city.
Integumen (FDI) – Dublin – Business Investment / Bioscience
Healthtech firm Integumen which has its UK registered offices, laboratories, and R&D facilities at Sand Hutton York, has revealed plans for an £8m floatation on the London Stock Exchange.
BT (Domestic) – apprenticeship and graduate recruitment – IT
BT is launching a major apprenticeship and graduate recruitment drive, with York to be the base for some of the new jobs.
The company revealed it was looking for 50 new apprentices to be based in York, Scarborough, Northallerton, Doncaster, Leeds and Sheffield.
CPP (Domestic) – York – Insurance
CPP has acquired Irish-based Blink Innovation for 1m euros. Blink is a digital assurance product for the travel market.
Portakbin (Domestic) – York – Business Investment / IT
Portakabin has announced a multi-million pound IT investment connecting 7 European regions. The new system will give customers, staff and supply chain partner’s access to a single integrated information system across the company.
Optibiotix (Domestic) – York – Business Investment / Bioscience
Life sciences business OptiBiotix Health has entered into a manufacturing and supply agreement with a European probiotic manufacturer.
Gear4Music (Domestic) – York – Business Investment / Retail
Major growth in its European operations has helped drive a surge in sales at York-headquartered online retailer of musical instruments and music equipment, Gear4Music.
In a trading update ahead of its results for the year to 28 February 2017, Gear4Music said total sales have risen by 58 per cent to £56m.
Jones the Bootmaker (Domestic) – York – Retail
Business news confirms that the business has been put up for sale. 170 stores nationwide.
Newby Property (Domestic) – Ripon – Residential Development
Plans for the residential redevelopment of the historic former Nestlé factory on Haxby Road in York have been lodged by property company Newby. The Cocoa Works scheme proposes a mix of one-, two- and three-bedroom apartments over six existing floors and includes a roof-top extension.
A new 4,000 sq ft convenience store, storage for 288 bicycles and 173 external parking spaces as well as landscaped areas with feature lighting to the front and back of the building are also proposed.
Application submitted for construction of 5 storey side extension to accommodate 22 guest rooms.
TouchRight Software – (Domestic) – York – Business Investment / IT
TouchRight Software, based at the Hiscox Business Club in York have become the first business to receive backing from Finance Yorkshire’s new £5m extension fund. The company has received a £50,000 business loan.
Aldi – (FDI) – Germany – Retail
Construction has started on a new Aldi store on Water Lane. The new 18,750 sq ft supermarket will create about 30 jobs. 15-yr lease.
Rushbond Plc – (Domestic) – Leeds – Property Investment
The landmark River House has been sold to Rushbond Plc for an undisclosed sum.
First York (Domestic) – Aberdeen – Transport
Bus operator First York has taken 3,289 sq ft of office accommodation at 20 George Hudson Street
Croque Monsieur (Domestic) – York – Food and Drink
A fledgling cafe chain to launch its third branch, just over two years after the first opened its doors.
The company has signed the lease on 20 George Hudson Street, and at 1500 sq feet the third branch will be a significant expansion on the two shops already operating in York. Estimated £40,000- £50,000 investment, plus £25,000 for equipment, coming from the existing business. 10 new jobs will be created.
Midlothian Capital Partners (Domestic) – London – Business Investment / Leisure and Tourism
MCP have acquired York headquartered Park Leisure 2000 Ltd in a £103m deal.
Vaquiros (Domestic) – York – Food and Drink
Empiric Student Property (Domestic) – London- Residential Development
The freehold of the 220-bed Foss Studios accommodation scheme in York has been acquired by Empiric Student Property for £23.3m from Curlew Student Trust.
Empiric Student Property (Domestic) – London- Residential Development
Empiric Student Property has committed £9.245m to the development of a 106-bed student scheme on Percy Lane in York. Construction on the Percy’s Lane property is due to start in May 2017 with practical completion scheduled in time for the 2018/19 academic year. As a result of these transactions, the Group will own a total of 441 beds in York, some 2 per cent of the local full-time student population
Malmaison (FDI) – Singapore – Leisure and Tourism
Proposals for a new 124 bed Malmaison hotel at the former Aviva Offices in York in the centre of York have been approved.
Northminster Ltd (Domestic) – York – Leisure/Residential Development
Plans are set to be lodged this month for a £25m hotel and apartments scheme close to York city centre. The 50,000 sq ft scheme, comprising 42,000 sq ft for the hotel and about 7,900 sq ft of apartments, is known as Piccadilly Riverside.
PIB Insurance (Domestic) – London – Business Investment/Acquisition – FPS
London-headquartered PIB Insurance Brokers has acquired independent York insurance broker DE Ford in a deal supported by the corporate finance team at KPMG in Leeds.
Palace Capital Plc (Domestic) – London – Residential/Office Development
Plans have been unveiled for the prospective redevelopment of Hudson House in York as a mixed-use scheme that will also include a landscaped route through from the railway station. The current 1960s brutalist property will be developed into four new modern buildings including apartments, grade-A office accommodation and other commercial space.
Sainsbury’s (Domestic) – Retail / Residential Development
Work has started transforming the former Groves Chapel in York into a Sainsbury’s store and 16 apartments.
Helping Hands Care Agency (Domestic) – Warwickshire – Home Care Services
Helping Hands Care Agency have taken 70 sqm of sales space on Front space in Acomb.
York Motor Factors (Domestic) – York – Retail
York Motor Factors have expanded into an extra 170sqm of showroom space at Layerthorpe.
Auto Windscreens Ltd (Domestic) – Seven Oaks, Kent – Retail
Auto Windscreens took space at 5, Hazel Court, Lawrence Street
SG Petch (Domestic) – Darlington – Retail
SG Petch, a family owned Car Dealership has bought Jockey Lane site at Monks Cross
Studio 35 Ltd (Domestic) – York – Retail
Kitchen design studio and installation service have taken space at Blossom street
Brew Dog (Domestic) – Aberdeenshire – Food and Drink
Brewdog have opened their latest offering on Micklegate, York.
Wildwood Restaurants (Domestic) – Food and Drink
Primark (Domestic) – Dublin/Reading – Retail
Primark has opened its second York store with a new 34,400sqft store in the city centres Coppergate shopping centre, creating 221 new jobs.
Danshell Group (Domestic) York – Business Expansion
Danshell Group, a York-based independent provider supporting adults with learning disabilities and autism, is planning to further strengthen and expand its services within the UK with the backing of a £26m refinance funding from HSBC.
New World Trading Company, The Botanist (Domestic) – Food and Drink
The New World Trading Company have opened a Botanist on Stonegate in the city creating 60 new jobs.
Seasalt (Domestic) – Cornwall – Retail
Cornish women’s clothing store inspired by Cornwall’s maritime traditions has opened its doors on Davygate.
Nomination Italy (FDI) – Italy – Retail
Italian Jewellery store has opened its first York store on the corner of Church Street and Low Petergate
Toymaster (Domestic) – Northampton – Retail
Toymaster has opened its latest toy store on Market Street in the city centre
Gear4Music (Domestic) – York – Retail/Business Investment
Online musical instrument retailer Gear4music has struck a deal to acquire the software development team behind its e-commerce platform. Under the terms of the transaction, 24 employees including Venditan’s chief technology officer Thomas Walder will transfer across to the group on 1 January 2017 for £1.5m.
HIG Capital/Yorkshire Ventures (FDI) – USA – Property Investment/Leisure
Private equity group H.I.G. Capital has completed a structured debt investment to help York Ventures in buying Aviva’s former city offices in York for a new major hotel. The sale to York Ventures will see the building at 2 Rougier Street transformed into a 124 bedroom Malmaison Hotel creating 80-90 jobs.
Mitrefinch (Domestic) – York – Business Investment
Mitrefinch, a York-based developer of human capital management software, has secured an equity investment of more than £20m from LDC to support its international expansion as part of a management buyout (MBO).
Balfour Beatty Plc (Domestic) – London – Rail
Balfour Beatty, the international infrastructure group have acquired Omnicom Engineering Rail, an innovative York Based company which specialises in the development of vehicle borne software and hardware platforms for asset survey, inspection and monitoring for use across the transportation sector to enhance effectiveness of infrastructure assets.
Smiggle (FDI) – Australia – Retail
The Australian stationary brand has opened its new store on Coney Street in the city centre.
The Restaurant Group/Joe’s Kitchen (Domestic) – London – Food and Drink
Kathe Wolfhart – (FDI) – Germany – Retail
Kathe Wolfhart have opened their first Christmas shop in the UK on Stonegate
Zwilling (FDI) – Germany – Retail
German Kitchenware specialists Zwilling has opened a 662 square foot store, creating five new jobs at the designer outlet. The site is the first stand-alone store in the north of England
Mountain Warehouse (Domestic) – London – Retail
Mountain Warehouse opened a new concept store on Davy gate in the city centre
Double Dutch Pancake House (Domestic) – Hartlepool – Food and Drink
Double Dutch Pancake House have opened a new 40-cover, two-floor restaurant on Church Street
Helmsley Group (Domestic) – North Yorkshire – Property Investment
The Helmsley Group have added Gateway 1, Holgate Park and Mill House in North Street to its portfolio in a deal worth £6.85m
Mr Ps Tavern (Domestic) – North Yorkshire – Food and Drink
Andrew Pern, Owner of Starr Inn and Starr in the City has opened a new Tapas and Gin restaurant in the centre of York.
Stay City ApartHotels(FDI) – Dublin – Leisure
Leading aparthotel operator Staycity opened its latest six-storey, 197-apartment premises on Paragon Street in York.
Azendi (Domestic) – Retail
Award-winning British jewellery brand opened its new store on low Petergate
Rush Hair (Domestic) – Croyden – Retail
Rush Hair opened a new salon in Market Street.
Capita (Domestic) – IT – Capita have acquired York based software company Trustmarque in a £57m deal.
Avacta/Mologic (Domestic) – Leeds/York – Business Investment
Wetherby-based biotechnology business Avacta Group and York based Mologic, a specialist diagnostic development company, have formed a new collaborative partnership.
Primark (Domestic) – Dublin/Reading – Retail
Primark has opened a new 100,00sq ft store at Monks Cross shopping park on the edge of the city. Creating xx jobs
Brewtown Tours (Domestic) – Leisure
Brewtown Brewery Tours provide the ultimate experience of brewery tours in Yorkshire
Northminster Ltd (Domestic) – Residential Development
Northminster have started development on a £4.5m residential scheme on the car park of the former Lord Nelson public house, in Walmgate, creating 6 new town houses.
Caddick Developments (Domestic) – Wetherby – Residential Development
Caddick developments completed the £7m redevelopment of Holgate Villas to create ‘The Walk’, a new residential offering on Holgate Road.
PJ Livsey (Domestic) – Residential Development
PJ Livsey have completed ‘The residence’ a high spec residential development of Twenty apartments at the Grade 2 listed former Terry’s factory in York.
Oakgate Plc (Domestic) – Mixed Use Development
Oakgate have released plans to develop Stonebow House in the Hungate area of the city. The upper floors will be developed into 20 residential units and there will also be about 31,500 sq ft of retail and leisure space, including shops, cafes and restaurants.
Las Iguanas (Domestic) – Bristol – Food and Drink
LATIN-AMERICAN restaurant Las Iguanas has opened its latest restaurant in York creating 38 jobs.
Pavers Shoes (Domestic) – York – Business Investment
International shoe retailer Pavers has been given the green light to double the size of its headquarters in York. The scheme, which features a 3,502m2 warehouse will create 50 new jobs
Lambretta Clothing (Domestic) – London – Retail
Lambretta Clothing opened its first northern shop on the corner of Spuriergate and high Ousegate in the city centre.
Holland and Barret (Domestic) – Nuneaton, Warwickshire – Retail
The Health Food retailer has opened up one of its new flagship stores in York. The second Holland & Barrett ‘More’ concept store has created 10 new jobs.
Empiric Student Property (Domestic) – London – Residential Development
Empiric Student Property has acquired land at Lawrence Street York and entered into a forward funding agreement to build 115 student bedrooms as part of an £11m investment
Optibiotix (Domestic) – York – Business Investment
Optibiotix, a LSE listed York business, which develops compounds to tackle obesity, high cholesterol and diabetes has raised £1m in share Capital to further develop its products.
Swarovski (Domestic) – Wolverhampton – Retail
The world’s “leading producer of precision-cut crystal” has opened a York store on Coney Street in the City Centre.
Cellhire (Domestic) – York – Business Expansion
Cellhire has acquired a competitor in the online space as it gears up to increase its UK market share. 0044 personnel will be incorporated into Cellhire’s organisational structure and both 0044 and Dataroam will be based at Cellhire’s HQ in York.
Anaplan (FDI) – San Francisco – Business Investment
The software company, which was conceived in a York barn but now has its global headquarters in Silicon Valley, has completed a $90m (£62.56m) funding round and become a UK-founded “unicorn” as a result of its valuation in excess of $1bn.