Global Energy Group (GEG) has reached an agreement on the sale of three of its group companies – including The Port of Nigg – to long term investor, Mitsui & Co Europe Ltd (Mitsui) a subsidiary of Mitsui & Co, together with, Mitsui OSK Lines Ltd (MOL). The acquisition includes:
Mergers & Acquisitions
UAE-based suitor Sidara is considering a cut to its takeover price for Wood Group, citing concerns over the Aberdeen-headquartered engineering firm’s ongoing investigation by the Financial Conduct Authority (FCA).
BDO LLP has advised on the sale of heating services specialist Saltire Facilities Management Ltd. The company, which is based in Scotland with operations in the Midlands, has been acquired for an undisclosed sum by Daikin Airconditioning UK Ltd – part of Daikin Europe.
Global business process services (BPS) provider Firstsource Solutions has signed an agreement to acquire Glasgow-based Pastdue Credit Solutions, a Glasgow-based debt collection agency.
East Kilbride-based fire testing laboratory United Kingdom Testing and Certification (UKTC) has been acquired by SOCOTEC UK and Ireland, a provider of testing, inspection and certification services.
DVCP, a UK-based professional services firm founded by two Scots, has been acquired by the global change and transformation consultancy, CubeMatch. CubeMatch, which serves a number of blue-chip clients in the banking and financial services industry, has secured an initial shareholding in DVCP, with
Balmoral Group, owner of the five-star Marcliffe Hotel, announced its intention to acquire Woodbank, a Shell-owned property with hotel and leisure facilities, adjacent to the existing Marcliffe site on North Deeside Road, Pitfodels, Aberdeen. The deal is subject to contract, which is well advanced.
Transport operator McGill’s Group has announced the acquisition of West Lothian-based coach firm Prentice Westwood as part of its continued expansion in the coach travel sector. The seven-figure deal will see the Prentice Westwood – one of Scotland’s longest-established, family-run
Glasgow-headquartered MARCH has acquired Quantum Controls Limited (QC) and Q Electrical Industrial Services Limited (QE), collectively known as Quantum. The move strengthens MARCH’s ability to deliver critical asset care and maintenance services with a focus on energy efficiency and sustainabi
Santander has agreed to acquire TSB in a deal worth £2.65 billion.
AAB has announced that Goldman Sachs Alternatives has agreed to acquire the firm from private equity investor August Equity, pending regulatory approval. The transition marks a significant milestone for AAB, reinforcing the firm’s trajectory of sustained growth while ensuring continuity for cl
Tahir Ali of national property development and asset management group Evergold has acquired Hamilton’s Regent Shopping Centre for an undisclosed sum. Several parties expressed their interest to acquire the property through the sales process.
Arden Property Management has acquired Smart Property’s lettings division – bringing together two Edinburgh agencies to offer an even broader range of services across the capital and the Lothians. Arden, a proudly female-led business, has built its reputation on personal service, profess
Joint administrators Ian Wright and Craig Morrison of Quantuma have confirmed that the sale of Dumbarton Football Club to Canadian businessman Mario Lapointe has been finalised.
Fife-based supplier of artificial flowers and home accessories, Scottish Everlastings, has been acquired by entrepreneur Edd Salter in a deal supported by a £2.3 million funding package from HSBC UK.