A Manchester-born entrepreneur, who started his commercial life in the city’s clothing industry before going on to become a successful turnaround investor on the world stage, has told Insider how he is eyeing opportunities in the North West and wider UK. Michael Flacks, who grew up in Cheetham Hill and maintains a
Flacks Group, the Miami headquartered investment firm led by Michael Flacks has entered into an agreement with Elementis for the acquisition of the 500-acre Brownfield site, next to Teesside airport, in the United Kingdom, scheduled to complete in Q3 2024. Flacks Group is developing a plan for the site which
M2 Capital set to bow out of takeover race after missing bid deadline
Flacks Group is currently building a Nottinghill apartment community in Davenport
∎ Michael Flacks has quietly been snapping up discounted assets ∎ He says he’s willing to buy companies others might not touch By Benjamin Stupples and Katie LinsellMay 19, 2023, at 2:01 PM GMT+3 Ken Moelis recently sold his residence at New York’s Plaza Hotel to a fellow dealmaker with
Lenders to Liverpool-based out-of-town discount retailer, Matalan, have reportedly set a £210m asking price for the business, and are prepared to take control of the group if the price is not met. Last Friday (October 21) was the deadline for bids to be submitted for the Knowsley retailer after it
Florida investment firm’s purchase could put paint firm on path for growth
Purchase includes 157 retail stores across California, Nevada, Texas, and Oklahoma and manufacturing facilities in Hurst, Texas
The US investor Flacks Group has acquired the former Hansa fittings factory in Burglengenfeld north of Regensburg
