Historic Blackpool pier sale spells more trouble for seaside town Property One of the oldest piers in the UK has been put up for sale in a latest blow to Blackpool’s tourism industry. The Blackpool Pier Company has said it’s made the decision to offload the North Pier in the seaside town “with a heavy heart”. The North Pier is the sixth-oldest of its type still [...]
Caledonia Investments swoops in for tyre company DTM with £55m majority stake Investing Investment trust Caledonia has bought a majority stake in Direct Tyre Management (DTM) for £55m, meaning it now owns the entire firm. DTM, which provides outsourced tyre management services to fleet operators, has reinvested alongside Caledonia to acquire 100 per cent of the business from investors including Palatine Private Equity. Blackpool-based DTM has delivered year-on-year [...]