Business

Irn-Bru producer AG Barr has announced that it has acquired the remaining 38.2% equity stake in MOMA Foods Limited, the London-based oats producer, from founder Tom Mercer, and the other minority shareholders, for a total cash consideration of £3.4 million.

Real estate advisor CBRE has completed the sale of Dumfries Retail Park on behalf of a local government pension fund for £11 million.

Scottish Enterprise’s support is forecast to generate £709.74 million of Scottish innovation expenditure. The agency approved £120m in grant funding and equity investment for innovation activities in the 2021-22 financial year, which is now calculated to deliver a further £50

A Scottish sustainable packaging pioneer has clinched the EY Entrepreneur Of The Year 2022, UK Transformational Leader title. Glasgow-based David MacDonald, owner of Cullen Eco-Friendly Packaging, won the hotly-contested national award at the recent EY Awards ceremony in Manchester. A panel of entre

Edinburgh-based manufacturer of golf technology and improvement products Shot Scope has raised £2.7 million in a series A funding round headed by Guinness Ventures which invested £2.1m. The round also includes investment from the Scottish Investment Bank, Old College Capital – the

Scottish business Theraplay, which has been designing and manufacturing bespoke bikes and trikes for physically disadvantaged children and adults for more than 50 years, is aiming for global growth after accessing specialist support through Business Gateway.

Scottish broadcasting giant STV Group has posted a trading update revealing a 'solid year' for the company, despite flat profits. Profits were almost flat at -1.5% over the year, against the record £25.2 million reported in 2021.

Barclays Eagle Labs and AccelerateHER have announced a new partnership aimed at bringing more women into entrepreneurship and levelling the playing field for female-founded businesses. The two organisations will work closely together to deliver the Barclays Eagle Labs Female Founder Accelerator Prog

The 20th round of the Scottish EDGE Awards saw an investment of £1.6 million being handed out to businesses with high growth potential.

Belated festive spending has increased retail sales in Scotland in the four weeks to the 26th of November, according to the latest Scottish Retail Consortium (SRC) and KPMG Scottish Retail Sales Monitor.

Scotland’s first industrial-scale tyre recycling plant aims to increase revenues by 92% over the next 12 months after securing a £370,000 funding deal with Reward Finance Group. Motherwell-based UK Rubber (UKR), which has over 40 years’ experience within waste management and tyre r

Fitabeo Therapeutics has ‘spun-out’ from the University of Strathclyde with ambitious plans to address some of society’s most pressing healthcare challenges within chronic pain and women’s health. The firm has also announced the appointment of accomplished pharmaceutical exec

Snappy Shopper, the Dundee-based home delivery marketplace serving convenience stores, has raised a seven-figure sum from existing investors Highland Technology, Kelvin Capital and Scottish Enterprise, to fuel growth ambitions.

Green Bioactives Ltd (GBL), a Edinburgh-based firm dedicated to the discovery, development and sustainable production of high-value natural products derived from plant cell cultures, has successfully completed a £2.6 million seed financing round. The funding round was led by Eos Advisory LLP a

A new report has revealed that goods with a total value of almost £3.5 billion are awaiting completion in Scottish manufacturers’ warehouses due to supply chain delays.