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17
Aug 2022
Last Updated: 16/08/2022
Business Breakfast: Knaresborough businesses to be recognised at awards event
In this morning's business briefing, an awards ceremony will be held to recognise Knaresborough businesses and a Harrogate-based rental company concludes a formal sales process.
Business Breakfast is sponsored by Harrogate law firm Truth Legal.
A new awards ceremony is set to take place in Knaresborough this weekend to recognise the town’s businesses.
About 130 guests will attend Knaresborough Business Awards at Hopewell Farm on Saturday.
Set up by the Knaresborough Business Collective, the ceremony is designed to celebrate the different businesses in the town.
Award categories include favourite place to eat and drink, favourite retailer, favourite female and male led businesses and favourite long standing business.
Natalie Horner, of the Knaresborough Business Collective, said:
“We are so excited about the event. It will be a welcome event to Knaresborough and a great way for business owners to socialise and get to know one another too.
“Hopefully we can run it every year.”
Read more:
- Business Breakfast: Ripon company director shortlisted for two industry awards
- Business Breakfast: Harrogate man launches health inequality app
Harrogate rental company concludes sale process
A Harrogate-based equipment rental company has concluded a formal sale process after finding no satisfactory buyers.
Vp, which has its headquarters at Central House on Beckwith Knowle, launched a formal sale of the company earlier this year.
The decision followed the company's controlling shareholder, Akers P Investment Company, a company which is connected to Vp chairman Jeremy Pilkington, indicating its desire to explore opportunities and dispose of its 50.26% shareholding.
However, in an announcement yesterday, Vp said its board had voted to conclude the sales process after finding that none of the proposals "would satisfactorily meet the interests of all stakeholders".
Ackers P Investment Company added that it no longer had any intention of selling its shares and "remain committed to Vp".
Mr Pilkington said:
"In the original FSP announcement I commented that Vp's controlling shareholder, a company connected to me, had decided that it wished to diversify its investments.
"Following a review conducted with our advisers, we, as a board unanimously concluded that it would be in the best interests of all the company's stakeholders to launch the FSP. The process was focused on identifying the right owner for the business and whilst we were pleased with the level of interest shown, the FSP did not lead to the identification of a suitable new owner.
"I am pleased that Vp's controlling shareholder Ackers P Investment Company Limited, a company connected to me, has confirmed its ongoing commitment to Vp following the conclusion of this process."
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