Storskogen, a Swedish group that acquires and operates well-managed and profitable small and medium-sized companies, has made its first acquisition in Scotland with the purchase of 80% of the shares in J&D Pierce (Contracts) Ltd. The specialist in fabrication and site erection of structural
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Total sales in Scotland increased by 1.6% compared with May 2021, when they had grown by 60.9%, according to the latest Scottish Retail Consortium (SRC) and KPMG Scottish Retail Sales Monitor.
Forfar-based vehicle lift manufacturers Access XL has secured a £1.45 million asset-based lending (ABL) facility from Independent Growth Finance (IGF).
Macdonald Henderson has advised the shareholders of Capital Payroll Services, a fully-managed payroll service provider to the UK market on its disposal to TopSource Worldwide, the employer services, payroll and Employer of Record service provider. This is the fifth acquisition since TopSource Worldw
Buccleuch Property has acquired 120 Buchanan Street, prime retail investment in the heart of Glasgow City Centre, from pensions giant Aegon. Aegon recently agreed a new, long lease over 120 Buchanan Street to luxury watch brand retailer Laing’s at a rebased market rent.
Scottish micro-investment group CAM Ventures has celebrated its first anniversary in business with the announcement of their latest investment – The Mantuary, which is scheduled to open in Dundee later this summer. Situated on Commercial Street in Dundee, The Mantuary will offer a new male gro
Revolut, the global financial super app with more than 18 million customers worldwide, has announced a streamlined version of the Revolut app will be available in five new countries in the next couple of months. Customers in the additional countries can transfer money to 50+ countries quickly, bring
The Financial Reporting Council (FRC) has today published a consultation on proposed changes to Technical Actuarial Standard 100 which would require actuaries to include climate change risks in the course of their work. The FRC is proposing to introduce a new requirement to ensure actuarial practiti
The Highlands and Islands is an ideal place to host at least one of Scotland’s green free ports, according to Highlands and Islands Enterprise (HIE).
Asset and wealth management firm AssetCo has posted its 2022 half year report revealing revenues of £1.3 million. For the six months ended 31 March 2022, the firm announced a loss before taxation of £2.6m, compared to a profit of £22.3m for the same period in 2021, which AssetCo sa
Par Equity, the Edinburgh venture capital firm, capped off a successful year by supporting 12 high growth technology companies in the first quarter of 2022 with record investments of £31.4 million. The investments made over the past year signal an 83% increase on £17.2m in the prev
Scottish mid-tier accountancy and business advisory firm French Duncan has promoted entrepreneurial services directors Neil Robb and Marc Vosilius to partner, following significant success in this area of the business over the past few years. The two have been with the firm for six and eight years r
Animal rights advocates have failed to persuade a court that an elephant named Happy who was captured at the age of one and brought to the US is legally a person. New York's highest appeals court ruled by 5-2 that Asian elephant Happy, who was born in the wild in Thailand, has not been illegally det
Education innovator Dr Rashmi Mantri was presented with business achievement honour at the Inspiring Indian Women (IIW) She Inspires awards held at the Houses of Parliament. Born in India and settled in Glasgow, Dr Rashmi Mantri is a multi-business manager, IT specialist and educator with a PhD in c
Logistics, distribution and storage businesses Bullet Express has opened a new 67,000 sq ft logistics centre at Westway Park, Renfrew, Scotland's largest fully enclosed industrial distribution and office park. The new logistics centre will see Bullet Express increase its storage and distribution cap

