Two of Scotland’s machinery rings, Laurencekirk-based Ringlink (Scotland) Ltd and Inverness-based Highland Business Services Ltd (HBS), have announced their intention to merge, forming a single cooperative with a combined membership of over 4,000 and an annual turnover of £100 mil
Mergers & Acquisitions
Cardo Group has signed an agreement to take over the operations of Livingston-based SERS Energy Solutions Group Limited and SERS Energy Solutions (Scotland) Limited across England, Wales, and Scotland. The integration of SERS into Cardo Group will enhance in-house service delivery capabilities, ensu
Caledonian Leisure, operator of Caledonian Travel and UKBreakaways, has acquired the 63-bedroom Dreadnought Hotel in Callander, famously known as the Gateway to the Highlands.
Aurora has acquired Encomara, a specialist in floating wind deployment systems and subsea engineering, signalling a significant investment to support the commercialisation of Encomara's flagship SQUID mooring connection technology. Aurora Energy Services CEO, Doug Duguid, said: “Encomara&rsquo
Bane Capital Private Equity has signalled it is evaluating a possible takeover offer for Craneware, the Edinburgh-headquartered software company specialising in solutions for the US healthcare market. The announcement has fuelled speculation about rival bids and caused an over 10% surge in Craneware
UK real estate investment firm Praxis has completed the acquisition of Glasgow's St Enoch Shopping Centre, in a deal estimated to be worth £50m. The 12-acre site occupies a prime location at the intersection of Buchanan Street and Argyle Street, adjacent to Glasgow Central Train Station. The s
Burness Paull acted as lead UK legal advisers to K-Bro Linen Systems on its £107.2 million acquisition of Star Mayan. K-Bro, an international owner and operator of laundry and linen processing facilities already has a strong UK presence through its Fishers and Shortridge businesses, and
Credit ratings can act as a significant restraint on the risky behaviours often associated with overconfident chief executives, new research has revealed. Researchers led by Bangor University in Wales and other institutions including Heriot-Watt University, The University of Aberdeen, and Vlerick Bu
Scottish law firms Wright, Johnston & Mackenzie LLP (WJM) and Davidson Chalmers Stewart have announced the completion of a historic merger. The combined firm has a headcount of over 200, including 46 partners, working across Glasgow, Edinburgh, Inverness, Dunblane and Galashiels – supporte
Scottish accountancy firm EQ Accountants, part of the Sumer Group, has merged with Edinburgh-based McDonald Gordon & Co, marking EQ's third acquisition in the past year and is a key step in its strategy to triple turnover from £11 million to £30m within four years. The merger signifi
Glasgow-based KubeNet, an internet service provider and managed IT specialist, has acquired Aberdeen company ISN Solutions Group. This acquisition, finalised on 4 April, represents a key step in KubeNet's ongoing expansion strategy, which combines organic growth with targeted acquisitions, boosted b
PDG Aviation Services (PDG), an Inverness-headquartered provider of manned aerial solutions for critical infrastructure, has acquired drone specialist Team UAV. Backed by LDC, PDG supports sectors including power, utilities, and rail with aerial surveys, inspections, and lifting.
Cleartech Group has acquired Wigan-based ECB (Water Solutions) Limited, advised by Consilium Chartered Accountants who provided lead advisory and tax due diligence services. The deal – Cleartech’s first acquisition outside of Scotland – significantly strengthens their geographical
In a strategic move to enhance global procurement solutions, Grandholm Production Services has acquired Aberdeen-based RSD Supplies & Services in a six-figure deal. RSD was formed in 1999 as a one stop solution to source and supply a wide range of essential high-volume products, including genera
Scotland-founded AAB Group's financial planning division, AAB Wealth, has acquired prominent London-based firm Magus Wealth as part of its ongoing strategic growth. This marks AAB's first wealth acquisition in the capital, significantly expanding its footprint in London and the South-east.