Glasgow-born Sir Alex Ferguson has seen the value of his company reach £20 million. The former Manchester United manager’s family company posted results for the end of last year, revealing total assets of £27.5m.
East-Lothian-based S'wheat, an e-commerce business that makes reusable water bottles from plants, has grown by 300% after the founders expanded their offering to include brand partnerships. The team has worked with Business Gateway since their initial product launch in 2020, when they brought their
Fife-based healthcare screening and diagnostics firm Agilis Health has acquired the UK occupational health division of global safety training and competency company, RelyOn Nutec. The firm has now over the delivery of the corporate health services at RelyOn Nutec’s training centres in Aberdeen
Balerno-based Artis Dental and Implant Studio has joined the Clyde Munro Dental Group with its two dentists and 10 support staff promising “business as usual” for its 4500 patients. Founded 16 years ago by owner Brian Clough and his wife Edel, Artis Dental services has a thriving patient
The corporate finance team at Henderson Loggie has advised on the sale of Edinburgh-based Truststream Security Solutions, one of the UK’s fastest growing providers of professional and managed cyber security services, to SysGroup plc, the managed IT services, cyber security and cloud hosting pr
Standard Life Private Equity Trust plc has confirmed that, following its AGM on 22 March 2022, the company’s name has changed to abrdn Private Equity Opportunities Trust plc “APEO”. The board felt that this would fully align the company with the investment manager’s rebranded
Public bodies are being given advice on how to handle contract bids from companies linked to Russia. To help strengthen economic sanctions imposed on Russia following the illegal invasion of Ukraine, guidance has been published on how to reject bids to procure a contract for goods or services from f
Dundee-based cloud computing company iomart Group has posted its pre-close trading statement for the year ended 31 March 2022, revealing that the group expects to report revenue of approximately £103 million, compared to £111.9m in 2021. The firm has also revealed an adjusted p
Glasgow-based venture capitalist firm Maven Capital Partners has announced the sale of energy services specialist RMEC Group Limited to Aberdeen-based Centurion Group, generating a 2.26x blended return for investors. RMEC is a provider of managed solutions for the oil & gas intervention and
Muckle Media, the creative communications agency, has acquired Taste Communications Scotland in a six-figure deal. The strategic growth move by Muckle Media will see the Taste Communications brand retained and the existing team move over to form part of Muckle Media’s wider group of companies.
In the UK, growth momentum is expected to slow during the course of 2022 as the impact of the cost of living crisis is felt while overall growth in the UK for 2022 could reach 3.9%, before slowing to 1.1% in 2023, according to the latest KPMG Global Economic Outlook. Consumer spending is expected to
Scottish healthy soft drinks company Bon Accord has signed a new deal to supply its naturally sweetened range to Morrisons supermarkets across Scotland. A selection of the best-selling Bon Accord lines were launched into Morrisons Arbroath store at the end of 2021 and, following the success of this
Economy secretary Kate Forbes met with leading entrepreneurs and innovators in Glasgow to discuss working together to deliver the entrepreneurial ambitions of the National Strategy for Economic Transformation. In the first of a series of industry roundtables, discussions focused on the entrepreneuri