Engineering business Martin Precision Ltd has transferred to employee ownership thanks to advice and support from Glasgow-based Consilium Chartered Accountants. A majority shareholding in the third-generation family business - a global player in the manufacture and supply of precision components for
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Martin Precision Ltd, a precision engineering firm located in Lanark, has transitioned to an employee ownership trust (EOT) structure, coinciding with its 30th year in business. Founded in 1993 by William Martin, the company has cultivated a global reputation, specialising in the manufacture and sup
Scotland has reaffirmed its standing as the top UK destination for financial services foreign direct investment (FDI) outside London, with the UK overall retaining its position as Europe's most appealing location for FDI in the sector, according to EY's most recent survey.
Highlands and Islands Airports Ltd (HIAL) announced the appointment of seasoned aviation professional, Stewart Adams, as its interim managing director effective from 14 June 2023. The move comes after the current managing director, Inglis Lyon, revealed he would step down from his role by the end of
Land Rover Experience Scotland, based in Dunkeld, Perthshire, has transitioned to an employee-owned business structure, providing its staff with an 83% share in the company via the creation of an employee ownership trust (EOT). This move to employee ownership came after the company sought advice fro
Independent decorator's merchant Brewers has acquired Stirling-based The Paint Shed, which has 20 stores across Scotland, for an undisclosed sum. The acquisition has provided growth capital investor BGF, which has backed The Paint Shed since 2020, with a successful exit.
Inverness-based Munro and Noble has acquired Caithness-based firm Georgesons Solicitors, which comprises both Georgesons Solicitors and Georgesons Estate Agents. The newly acquired business will operate under the name Munro and Noble incorporating Georgesons.
Scottish native cloud platform specialist, Forrit, has received a £5 million funding boost from the Scottish National Investment Bank. The investment will enable the Edinburgh-based technology developer to grow its workforce and target new markets.
Property consultancy Galbraith has announced two new promotions to partner and two new directors, as the firm continues to grow. A number of promotions to senior associate and associate have also been made.
White Oak, a non-bank lender supporting SMEs and mid-corporates, has announced a partnership with the Institute of Chartered Accountants of Scotland (ICAS). This new venture will help to expand White Oak’s relationship with the business community, providing ICAS’s 23,000 members, 3,700 C
Hop, a Scottish hotel property management software firm, has broken into North American and African markets, after cementing a deal with the leisure group founded by former BBC ‘Dragon', Duncan Bannatyne. Hop was the 2017 brainchild of highlands-based hoteliers, Richard Drummond and Jon Erasmu
Alison McRae, senior director of Glasgow Chamber of Commerce, discusses the expected negative impacts of the Scottish Government's proposed alcohol advertising ban. Nicola Sturgeon’s announcement that she intends to step down was certainly a notable moment last week and it has brought with it
A group of leading individuals from Scotland’s tech scene have announced a new trip to showcase Scotland to the US East Coast ecosystem.
A major research and development (R&D) project expected to create up to 500 jobs is under way in the Highlands after securing a £2.8 million investment from Highlands and Islands Enterprise (HIE). If successful, the total £14m R&D spend by Ross-shire Engineering Limited (RSE), wi
Two figures from the world of food and business have joined the board of ingredients manufacturer Macphie to help it achieve the next stage of its growth plans. Norman Soutar and Jane Stewart join the team at Macphie Ltd as non-executive directors, bringing with them a wealth of leadership and indus
