Mergers & Acquisitions

Global integrated energy services partner Kent, has signed a binding agreement to acquire Aberdeen-based Exceed (XCD) Holdings Limited, a provider of well management, sub surface and decommissioning engineering services.

Margaret Duffus Leasing, a heritage lettings agency based in Aberdeen, has joined Lomond under the stewardship of its DJ Alexander brand. DJ Alexander already covers the major cities including Edinburgh, Glasgow, Aberdeen and Dundee. This latest purchase will see the firm increase its geographic cov

AAB has ranked, for the fifth consecutive half, as the top financial adviser in Scotland with 16 deals so far this year, the latest Experian M&A report shows.

Administrators overseeing the sale of the historic 24-room Scottish boutique hotel have sold the hotel business, its contents and a residential dwelling to a duo of experienced hotel operators, Charlie Maclachlan and Sam Wignell of Fyne Hospitality, for £3.05 million in a deal that will save u

Residential and commercial conveyancing specialist firm Kaur Sutherland has merged with Greenock-based Maitlands Solicitors.

The employee-owned Scottish fuel distributor, Highland Fuels, has acquired its sector counterpart, Carnegie Fuels, in a deal described as the “beginning of a new chapter” for both organisations.

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:

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