Drax Group has agreed to acquire Edinburgh-based energy optimiser Flexitricity from Quinbrook in a deal valued at £36 million. The transaction, which is subject to regulatory approvals, is expected to complete in the first quarter of 2026 and is projected to yield returns significantly above t
Mergers & Acquisitions
Investment manager Downing has supported long-term partner Care Concern Group in the acquisition of three newly built elderly care homes in Scotland. This latest investment marks another milestone in the strong partnership between Downing and Care Concern, aimed at delivering exceptional standards o
Armstrong Watson has advised on the sale of long-standing family business operating four service stations across Dumfries and Galloway, as it enters a new chapter under the ownership of Grove Retail Limited. St Michael’s Services, which runs service stations in Dumfries, Newton Stewart, St Joh
Mining giants Rio Tinto and Glencore have resumed negotiations regarding a potential £190 billion deal that would establish the world’s largest mining company. On Friday, the two firms confirmed preliminary discussions concerning a combination of businesses, expected to be structured as
Cardo Group has completed the acquisition of Paisley roofing business Faskin Group. Founded in 2010 by Frank and Karen O’Hara, Faskin Group has over 50 years of combined experience. Faskin’s approach has earned a strong reputation for excellence, long-standing client relationships, and s
Bridgepoint has agreed to purchase a majority stake in Interpath, the former restructuring division of KPMG, in a deal that values the advisory business at approximately £800 million. This acquisition represents a significant exit for HIG Capital, which originally bought the unit from the Big
Scottish manufacturers are preparing for a wave of M&A and fresh investment in supply chain resilience in 2026, according FRP Advisory. Of the Scottish manufacturing senior decision makers polled for FRP’s new report The Manufacturing Agenda, nearly a third said they expect their boards to
Elizabeth Pirrie, the CEO of the business incubator AccelerateHER, has acquired full ownership of the company. Having served as chief executive since 2022, Ms Pirrie described the acquisition as "both a continuation and a new chapter". She has not disclosed specific details regarding the transaction
BGF-backed digital product consultancy hedgehog lab has acquired Label Sessions – the Edinburgh-based global innovation network – for an undisclosed sum. The deal creates a unique full-stack innovation consultancy, combining the strength of Label Sessions’ methodology and network o
Craig Rothnie examines Scotland's technology sector and the critical tax compliance and strategic planning required to ensure businesses are fully prepared for potential acquisition. Scotland’s tech sector is thriving bolstered by a broad range of world-class, innovative companies which, combi
Edinburgh-headquartered Spotless Commercial Cleaning Ltd has acquired Midlands firm Eco-Clean and Maintenance Ltd, an office and schools cleaning specialist employing more than 100 staff, for an undisclosed sum. The deal, which is the fifth UK acquisition by Spotless over the past two years, will gr
Ayrshire-based Easton Group has expanded its portfolio with the acquisition of Andrew Wright Windows, securing the future of the long-standing Scottish business.
Following the purchase of Margaret Duffus Leasing in the summer, Lomond Group has acquired Edinburgh lettings agent, Littlejohns, which will be incorporated into operations at DJ Alexander, Lomond’s flagship brand in the region. Littlejohns has operated from several locations throughout the Ci
Lynas Foodservice has acquired JB Foods, an Edinburgh-based wholesaler, into the Lynas family. This strategic move unites two third-generation, family-run businesses, blending Lynas’s roots in Coleraine with JB Foods’ 60-year heritage of serving the Scottish catering industry.
Airbus has officially completed the acquisition of key manufacturing assets from Spirit AeroSystems, a move that secures the future of the facility in Prestwick. Under the terms of the deal, the Ayrshire site – which employs 1,200 staff – has been rebranded as Prestwick Aerosystems. It w

