Mergers & Acquisitions

American petroleum drilling firm Helmerich & Payne, Inc (H&P) has come to a definitive agreement to acquire of Portlethen-based KCA Deutag for a cash sum of $1.9725 billion (c. £1.53bn).

The Competition and Markets Authority (CMA) has approved Nationwide Building Society's £2.9 billion acquisition of Virgin Money UK.

Macallan Food Group, a new Scottish food business led by industry veterans Bill Hazeldean and Stewart McLelland, has acquired Malcolm Allan and made a significant investment in Macsween of Edinburgh, both for an undisclosed sum. Gordon Allan, son of Malcolm Allan's founder, expressed confidence that

Glasgow-headquartered Edwin James Group has acquired Pettits Ltd and its subsidiary Motivair Compressors Ltd for an undisclosed sum. The deal strengthens Edwin James Group's portfolio, introducing compressed air management services and access to Motivair's 9,000 assets across various sectors.

Berlin-based hospitality group NUMA has acquired Native Places, the short-stay business of Native Holdings, which has locations in Edinburgh and Glasgow, for an undisclosed sum. NUMA Group recently reached €2 billion in real estate assets under management and manages over 6,500 rooms

Macfarlane Group PLC has acquired Polyformes Limited, a UK-based protective packaging manufacturer, for a deal worth up to £11.5 million. The deal includes an earn-out of up to £4.8m over two years, based on agreed profit growth targets. This acquisition strengthens Macfarlane's protecti

Scottish estate and letting agency DJ Alexander has acquired Sandstone UK Property Management Solutions Ltd which trades as Sandstone Management. DJ Alexander is the Scottish arm of Lomond, which has purchased close to 60 property businesses in three years with total estate and lettings agency reven

Park Property Management has acquired the residential factoring division of Lorimer Property Group based in East Kilbride. The acquisition is part of Park PM’s strategic growth plan and brings the value of assets in its estate to over £1 billion under management, creating one of Scotland

Dundee-headquartered Alliance Trust PLC and Witan Investment Trust plc have announced they are merging to create Alliance Witan PLC. This move follows Witan CEO Andrew Bell's retirement and a strategic review of its investment management by the board of Witan. The merged entity will have £

Glasgow-based signage company Prosigns has acquired East Kilbride signage and graphics company Centurion Signs, for an undisclosed sum.

Dundee-based tech firm Waracle has agreed to acquire Screenmedia, a Glasgow-based design and software engineering agency, for an undisclosed sum. With its expertise in mobile app, digital product development and artificial intelligence, the acquisition pairs the 145-strong team at Waracle &ndas

UK investment platform Hargreaves Lansdown has confirmed it is prepared to recommend a £5.4 billion takeover offer from a private equity consortium led by CVC Capital Partners. The deal, valuing the company at £11.40 per share, comes after several rejected approaches and a turbulent peri

Grouse Lettings, a residential property management and leasing business, has expanded its property portfolio by 295% following two acquisitions. The Aberdeen firm has acquired Babs Buglass Leasing and the long-term lettings side of the PMC Property business. The combined valued of the deals is six-f

Livingston-based Workflo Solutions has expanded its geographical reach and service offerings with the acquisition of MacD IT. Bathgate-based MacD IT's owner, Alastair MacDonald, will join Workflo Solutions as head of IT sales, ensuring continuity of service for existing clients. The merger will give

Inverness-based investment group GEG Capital has acquired a stake in architectural practice Bracewell Stirling Consulting. The addition of this award-winning consultancy will bolster GEG Capital's existing portfolio of planning, design, environment, and construction capabilities across Scotland and