Business

Taylors Snacks is set to unveil its new packaging next month after acquiring Mackie's of Scotland's crisp and popcorn business. The move follows last year’s buy-out by the Taylor family, of the joint venture established between the Taylor and Mackie family businesses in 2009. The families laun

Edinburgh-based R&D tax relief adviser ABGI-UK (formerly Jumpstart) and design and manufacturing process firm Innova Systems have merged to form Visiativ. As part of a restructuring, Visiativ has launched a 3D Print division, led by Ed Hawkins, and an Intellectual Property (IP) service, led by D

Scottish outdoor clothing manufacturer Keela has expanded its workforce by almost 33%, following a 43% surge in sales growth.

Michelle Elliot and Callum Carmichael, partners with FRP Advisory, have sold Dundee-based Bonar Yarns Limited, which went into administration in early April, to Newman Yarns Limited, a new business created for the purposes of the acquisition.

Ullapool-based hospitality business, J&R Group, has moved to tackle the region's affordable housing crisis by investing in low-rent accommodations for staff at their Seaforth establishment. With housing shortages impeding their ability to open their seafood restaurant, bar, and fish and chip sho

Link Group has secured a new £70 million funding package with Bank of Scotland. The agreement, which includes an existing £10.7m loan, puts in place a five-year Revolving Credit Facility (RCF) of £60m, providing flexibility and liquidity to Link Group to support its ongoing develop

Cairncross of Perth, a Scottish jeweller established in 1869, is set to close its doors by the end of July, resulting in the loss of seven jobs. The company, known for its high-end jewellery and watches, holds a unique position in the market as the sole licensed retailer of Scottish Freshwater Pearl

Aberdeen-based social enterprise Glencraft has expanded its board to six members, appointing Neil Skene and Ken Robertson as non-executive directors. The move follows the earlier appointments of Laura Bruce and Allan Clow in late 2022, as part of Glencraft's broader development strategy.

Pictured (L-R): Natasha Shaurek, director of product; Richard Mullan, CFO; Peter McMorow, AD; Wendy McDougall, CEO; Kai Murray, non-exec director; and Gordon Webb, director of growth; Foresight Group, a regional private equity and infrastructure investment manager, has invested £4 million in F

Aberdeen-based Aurora Energy Services has initiated its operations with the acquisition of R&M Engineering and Inverness Access Training Services (IATS), for an undisclosed sum, marking its entry into the international energy sector. With a goal of creating a £100 million turnover internat

Blair Nimmo and Alistair McAlinden from Interpath Advisory have been appointed joint provisional liquidators to Stewart & Shields Limited, a family-founded business that has been operating from Helensburgh for over 60 years, after the firm collapsed with the loss of 15 jobs.

Zakir Issa, a sibling of the billionaire Issa brothers who own Asda, has acquired the Bon Accord shopping centre in Aberdeen through EP Properties for a sum believed to be less than £10 million.

Scotmid Co-op has reported a solid financial performance despite a challenging year, with its trading profit amounting to £3 million, £2.7m down from the previous year.

Salus Technical, a process safety firm, reported a record year for business growth, with annual turnover increasing by over 50% to surpass £550,000. The company's success is partly due to recent contract wins, including a 250-person training course contract with Serica Energy and two more oil

R3, the insolvency and restructuring trade body, has launched a new free guide for directors and business owners in Scotland. The free resource, A guide to dealing with corporate financial distress, sets out the duties and responsibilities of company directors and the importance of meeting them, out