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All-in-one portable device to treat common sports injuries to be further developed with university research

Sam Whitear
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A company is drawing on university research to further develop a portable tech-enabled device that can cool, heat and compress muscles to treat common sports injuries.

The lightweight Swellaway, a shin guard-type electronic-enabled device with a fan that clips around the affected body part, does not require ice, water or heavy items of equipment that are normally needed to treat such injuries.

Swellaway shareholders include professional footballer Wayne Rooney, of Everton, Manchester United, D.C. United and England fame, who is the lead investor in the company that bears the product’s name.

The innovative piece of kit allows physiotherapists and healthcare professionals to accurately treat injuries through controlled compression, combined with cooling and heating in a fully portable device for the first time.

To draw upon the skillsets of researchers at Manchester Metropolitan University and the University of Central Lancashire (UCLan), Swellaway’s shareholders have sponsored a Knowledge Transfer Partnership (KTP) – where academic expertise is applied to private sector product development or work processes – so that Manchester Metropolitan University’s Professor James Selfe can work along Professor Jim Richards from UCLan to help further develop the device.

James Selfe, Professor of Physiotherapy and lead academic from Manchester Metropolitan, said: “Traditionally, there has been a lack of devices that provide all-in-one solutions to common sports injuries.”

“Our research will provide evidence as to what the best dose response is for the device. By the end of the project, we hope to have a number of protocols that will guide practitioners to optimum use of this device. We also hope to see improved patient outcomes as a result of its use.”

UCLan’s Professor of Biomechanics Jim Richards said: “The exploration of the interaction between temperature and pressure, using the Swellaway device, provides an opportunity to explore the optimisation of treatment through a better understanding of the relationship between these factors.”

Buccleuch Property purchases £1.45m site in Manchester

Sam Whitear
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Commercial property specialist, Buccleuch Property has purchased a multi-let industrial property at Tameside Court, Manchester, for £1.45m.

Comprising four industrial units with offices totalling 25,000 sq ft, the purchase reflects a net initial yield of 5.5% and an estimated income of £84,500 per annum, with one vacant unit.

Situated in close proximity to junction 23 of the M60, and junction 3 of the M67, Tameside Court is located on the east side of Manchester with excellent transport links to the city centre and key commuting towns.

The multi-let estate comprises a range of unit sizes, from 5,010 sq ft to 8,350 sq ft, with a large shared yard, combined with ample parking facilities, making it an attractive proposition within the marketplace.

The current occupiers include Ross Auto Engineering and Irpen (UK) Ltd. The unit fronting Fifth Avenue, comprising 8,350 sq ft, is currently being marketed by Davies Harrison and offers excellent trade counter accommodation.

Philip Eves, Director at Buccleuch Property, said: “The property offers excellent accommodation for businesses looking for strong connectivity and quality accommodation on the east side of Manchester. We believe there are a number of asset management opportunities and we look forward to working with the current tenants of the estate as well as securing a new tenant in the near future.

“As we expand our commercial property portfolio we continue to look for new and exciting investment and development opportunities across Manchester and the surrounds.”

Dentsu Aegis Network acquires B2B International

Sam Whitear
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Dentsu Aegis Network today announces the acquisition of B2B International, which has an office in Manchester, the world’s leading specialist business-to-business market research company. B2B International will become part of gyro, the world’s first full-service global agency dedicated exclusively to B2B marketing.

Headquartered in the UK with offices across Europe, the USA and Asia-Pacific, B2B International provides bespoke market research solutions for its global clients, which include 600 of the world’s largest blue-chip companies including Stanley Black & Decker, BASF, E.ON and Bridgestone. It has carried out more than 3,000 B2B market research projects across every continent and every industry vertical gaining powerful cross-industry experience.

The addition of B2B International further enhances gyro’s offering to create ideas that are humanly-relevant for its global roster of clients, which includes HP, Vodafone, Danone, eBay and Google. The agency, which launched in 1981 and was acquired by Dentsu Aegis Network in 2016, has 17 offices worldwide and is headquartered in New York.

This acquisition has been spearheaded by gyro UK and the benefits of the deal will be leveraged internationally across its global network.

Kate Howe, CEO, gyro UK, said: “We’re really excited to be joining forces with B2B International – a company we have long admired – at a time when the business-to-business space is growing fast and becoming more sophisticated than ever.  The combination of our highly complementary services will create an unrivalled end-to-end marketing powerhouse for B2B brands, delivering greater value to our clients and continuing our trend to innovate in the market.”

Nick Hague, Founder and Chairman, B2B International, said: “The rapid speed at which the marketing landscape is changing demands world-leading insight-led creative communications capable of helping B2B clients win in every industry sector. We believe that our combined businesses can achieve just that and deliver a broader B2B offering, driven by insights and intelligence.”

Stef Calcraft, Executive Chairman, Dentsu Aegis Network, UK & Ireland, added: “The union of gyro and B2B International will transform the B2B marketing landscape, creating the world’s largest marketing network offering specialist B2B insights and solutions for the world’s most iconic brands. I’m delighted to welcome the team at B2B International to Dentsu Aegis.”

Regional leaders take top prizes at national IoD Director of the Year awards

Sam Whitear
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The University of Manchester’s Dr Julian Skyrme has won the national Institute of Directors (IoD) award for Corporate Social Responsibility, at its 2018 Director of the Year awards. With Skyrme as Director for Social Responsibility, the University has led a skills initiative to help over three thousand local unemployed people find work. One judge commented that Skyrme’s work amounted to a “compelling story of impact at scale and with thoughtful strategic purpose”.

Another North West winner at the event which took place in London, was Toby McCartney, CEO of Cumbrian-based MacRebur. Collecting the prize for best Start-up Director, McCartney, whose company has devised a way to use recycled plastic instead of oil to repair roads with a reduced carbon footprint, was awarded the national title. The start-up has raised over a million pounds in funding from 1200 investors, and has constructed roads across the UK and abroad.

Stephen Martin, Director General of the Institute of Directors, said: “My congratulations go to all of our winning directors for the exceptional work they have put in over the year, contributing not just to the economy, but to society as well. Whether it be in private enterprise, charity, or the public sector, great leadership is immensely valuable, and our award-winners have set the bar in this regard, and well deserve to be recognised.

“An attribute shared among many of this year’s winners is the ability to harness emerging technologies, often for wider social purposes. The essence of business leadership lies in grappling with new ideas and understanding how these can fuel the success of your organisation, and our award winners set a great example.”

Barings’ landmark makes entrance in Manchester office market

Sam Whitear
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The leading architect behind Landmark Manchester (Landmark), a 180,000 sq ft office development, has revealed today the key features being implemented in the Grade A, BREEAM Excellent building to ensure that it tops occupiers’ tick lists ahead of its Summer 2019 launch. Barings Real Estate, part of Barings LLC, one of the world’s largest diversified real estate investment managers, is undertaking Landmark on behalf of an institutional investor.

Currently under construction in Manchester’s central business district at St Peter’s Square, Landmark aims to deliver a world-class professional environment to its occupiers. Barings Real Estate along with development manager Castlebrooke Investments, enlisted award-winning architects Squire & Partners to bring the pivotal scheme to life.

The brief in its most simplistic form was to unite aesthetics with practical uses to deliver a high quality designed, sustainable, tech-enabled building into which an occupier can enter and essentially ‘plug and play’. Meeting the BREEAM Excellent, Grade A, EPC ‘A’ target rating criteria was a natural start and the Platinum WiredScore accreditation and spectrum of connectivity management features that have followed on will ensure that all potential occupiers can move in and start work immediately with ease.

Murray Levinson, Partner at Squire and Partners, said: “The overall design and finishes at Landmark are about so much more than just meeting set criteria. The double height reception, with approximately 90 ft glazed frontage onto Oxford Street, was influenced by the previous art deco cinema which sat on the site.  The double height interior is treated as a contemporary interpretation of the cinema lobbies of the period, emphasising a sense of theatre and drama upon arrival.  The whole building is being constructed with an offset core to enable virtually column-free office space across approximately 14,000 sq ft floorplates, unlike any other in the city centre. The offset core will deliver maximum flexibility for occupiers the majority of which will benefit from uninterrupted views towards the south of the city.”

Dominic Pozzoni, Director at Colliers International and joint agent on Landmark with CBRE, said: “It’s no surprise that we’re witnessing strong interest from potential occupiers in Landmark, which will deliver Manchester’s largest speculative prime Grade A office building during 2019. Occupiers are attracted to the St Peter’s Square location, which has been elevated to a world renowned civic and business square, on the back of private and public investment totalling in excess of £630m. The design team has considered everything an occupier could want, from the voluminous reception creating the right first impression to the tech-enabled floorplates future proofing the space and the connectivity making set-up stress free.  The high performance floor to ceiling glazing will provide excellent natural light and, along with the high quality finishes and attention to detail throughout, Landmark will offer an exceptional occupier experience.”

Ian Mayhew, Managing Director on Barings’ Real Estate team, said: “When we embarked on Landmark we knew that bringing together the right team was essential if we wanted to elevate Manchester’s business community with an office destination that is on the cutting edge of modernism and flexibility. We are seeing tremendous interest in Landmark and are well on our way to delivering offices that won’t just look nice, but will feature excellent infrastructure and connectivity.”

Europe’s leading R&D tax specialist Leyton to create 30 new jobs with prestigious new office opening in Manchester

Sam Whitear
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Global R&D innovation funding specialist Leyton is expanding its operations in the UK with the opening of a new office in Manchester in response to growing demand from local companies for its expertise in securing R&D tax relief.

Leyton’s new offices, located in Manchester’s City centre, will service the company’s growing portfolio of clients from the region’s established manufacturing and engineering businesses to its vibrant new community of digital businesses.

The new office will be led by Joshua Perry, Leyton’s Head of Manchester, who joined the company in a graduate role in 2012.  Perry will be responsible for a team of 20 newly hired staff members and is looking to create a further 30 new job opportunities over the next year.

Leyton has experienced unprecedented growth in recent years as awareness of the available innovation funding schemes grows, and companies increasingly look toward specialists to simplify the process and maximise potential claims for tax relief on their research and development projects.

The R&D tax credit initiative was introduced in 2000 and is a tax relief scheme designed to encourage greater R&D spending and drive investment in innovation.  The number of claims for R&D tax credits have risen significantly in recent years according to HMRC with £3.5bn of R&D tax relief claimed to date for FY16-17(1).

Joshua Perry, Head of Manchester for Leyton, commented: “Our expansion in Manchester reflects the increasing demand from companies in the region to secure R&D tax credits to support and drive innovation and reach their full potential.  The North West has become a hub for innovation and we have a highly skilled team of tax experts and sector specialists to help these companies navigate successfully through this complex application process.  Manchester also has a world class student population and we are looking forward to creating roles for this local talent to continue developing our personal and bespoke service.”

Alex strengthens Pareto’s advisory team

Sam Whitear
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Pareto Financial Planning has strengthened its advisory team with the appointment of Alex Cummings.

Alex is a chartered financial planner and has joined Manchester-based Pareto from accountancy firm Wyatt Morris Golland in Rochdale, where he was a chartered adviser.

He began his financial services career in 2004 as an administrator and became a paraplanner in 2009. In recent years he has worked as a financial adviser, with a focus on holistic financial planning, in particular retirement and estate planning.

In his new role Alex will be working from the offices of UHY Hacker Young in Manchester, advising its clients. UHY Hacker Young is one of Pareto’s long-standing accountancy partners.

Alex said: “Pareto Financial Planning has an excellent reputation for being a forward-looking business which puts the client at the centre of everything it does.

“I’m delighted to join the company and look forward to working with the teams at Pareto and UHY Hacker Young and developing new client relationships.”

Pareto director Stuart Carswell said: “Alex has extensive experience working with accountancy practices and their clients, which will stand him in good stead in his new role with Pareto. We are delighted he has joined us. He’s a great addition to our growing advisory team.”

Specialist 4×4 centre to open in Bury

Sam Whitear
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Cartime, one of the North West’s fastest growing independent used car dealerships, is expanding its Bury-based operations after signing a £1.2 million deal to create a specialist used 4×4 centre opposite its existing Bell Lane showroom.

The expansion will create up to 20 jobs for the local area with recruitment now underway.

News of this latest aquisition comes just weeks after cartime announced it is opening a second used car sales operation in Rochdale, on Edinburgh Way. This will take its entire business to three sites (two in Bury and one in Rochdale) and total vehicle stock from 700 to 1200 vehicles.

Cartime’s new 4×4 centre will replace Farnell Land Rover, which has recently relocated, and opens to cater for growing demand for used 4×4 vehicles in the region. Cartime’s latest sales figures report that its sales of four-wheel drive vehicles have more than doubled in the past two years. The prestige used car supermarket sells more than 60 of this type of vehicle every month, making up 20% of its monthly turnover, and with increased stock it expects sales to increase three-fold.

Set to open in November, the new operation will include a fully refurbished, state of the art customer sales centre and a selection of more than 250 used 4×4 vehicles displayed on the 19,000 sq ft site. Its on-site aftersales centre and team of master technicians will specialise in servicing all makes and models of 4x4s.

Vehicles stocked will range from the hugely popular Range Rover Evoke to the Audi Q7. The used car dealer is also looking to expand into the electric four-wheel drive market.

Vehicles purchased via cartime’s new 4×4 centre will enjoy the same warranty packages and finance options currently offered by cartime, including the current option of a six-year warranty, servicing and MOT package. All cartime vehicles also undergo an industry leading 62-point pre-sale check.

Cartime’s Managing Director Matt Kay said: “Demand for used 4x4s in the North West is continuing to rise and we saw taking over Farnells’ vacant site as a huge opportunity for us. With more than 250 vehicles in stock at the site, we believe we will become one of the largest specialist used 4×4 centres in the North West.

“The new dealership is ideally located adjacent to our existing Bell Lane sales centre and will be dedicated solely to the sale and warranty work of used 4×4 vehicles – filling the clear gap in the current market.”

Matt added: “2018 is proving to be a huge year of overall growth for the business. We’ve created a robust business model and invested heavily in our processes and technology to facilitate the expansion of our sales capacity – with new sales centres and vehicle stock. The cartime business will have more than doubled in size by the end of the year.”

Amazon to create 600 jobs in Manchester

Sam Whitear
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Amazon announced plans to open a corporate office in Manchester in the city’s iconic Hanover Building. The company will be across six-storey and 90,000 sq. ft. at the site, giving Amazon capacity to create space for over 600 new roles in the city.

Secretary of State for International Trade, The Rt Hon Liam Fox MP, said: “Ensuring that the world’s best and brightest companies continue to invest and innovate in the UK is at the heart of our Global Britain agenda. Amazon’s decision to create hundreds of highly-skilled jobs in Manchester, Edinburgh and Cambridge is an enormous vote of confidence in the UK and a signal to the world that the UK is very much open for business.”

The new site will be Amazon’s first UK corporate office outside of London and will be home to a wide variety of Amazon teams. Highly skilled teams will work on projects that benefit Amazon’s customers around the world, including software development, machine learning and research and development (R&D). The site shows how Amazon is investing in the UK and new employees at the Manchester office will complement teams working on global innovation in London, Cambridge and Edinburgh.

“Manchester was at the heart of the industrial revolution and has a fantastic history of innovation”, said Doug Gurr, UK Country Manager, Amazon. “With the UK taking a leading role in the global tech, we are delighted to announce plans to open a new corporate office in the city. Our new office will be home to over 600 staff, many of whom will be focused on developing exciting new products and services used by Amazon customers around the world. The city offers an incredibly talented workforce and a budding tech scene with some of the most exciting, fast-growing tech companies in the UK situated here.”

Andy Burnham, Mayor of Greater Manchester, said: “Amazon opening their new office in Manchester is another vote of confidence in our city-region as a global digital leader.

“We are the UK’s top digital city-region and we are open for business. Greater Manchester is building a global reputation as a leading hub, both for multinational companies and start-ups. This news, following a number of similar announcements in recent months, shows that our city-region is swiftly becoming a go-to destination for the world’s most exciting digital companies.”

Secretary of State for Digital, Culture, Media and Sport, Jeremy Wright, said: “It is great global tech giant Amazon has chosen Manchester, a vital part of the Northern Powerhouse, to open their new office and are creating hundreds of high-skilled jobs up and down the country.

“Our booming digital sector is one of the fastest-growing industries in the UK and this is a vote of confidence in our world-leading skills in tech innovation.”

Clough & Willis advises on multi-million pound commercial property deals

Sam Whitear
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0

The Commercial Property team at Bury and Bolton-based solicitors Clough & Willis has completed two deals on behalf of local property developer Ron Wood which saw him sell the 47,000 sqft Atrium House warehouse and the adjoining 9,000 sq ft office building on Manchester Road in Bury.

Card & Party Store (Cash & Carry) Limited, which was already using the warehouse, has purchased it on an undisclosed long lease for £1,300,000; whilst Bracken House Properties LLP  has acquired the freehold of the office building for £1,000.000. Prior to the sale, the offices were multi-tenanted on a serviced office basis.

Paul Nolan of Nolan Redshaw acted as the seller’s agent in the two deals.

David Leviten, partner in the Commercial Property team at Clough & Willis, said: “Ron Wood Developments is a much respected Bury business so we were delighted to work with them on these deals, especially as Atrium House is considered by some as a local landmark development.”

Ron Wood added: “These were two complex transactions due to the multiple tenants and parties involved so we are pleased they completed successfully.”

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