Mergers & Acquisitions

CJ Lang & Son Ltd, known as the Scottish wholesaler for SPAR, has recently confirmed its acquisition of the Glasgow-based convenience chain ScotFresh Group Ltd.

Stirlingshire-based James Jones & Sons Ltd has completed the acquisition of bandsaw blade manufacturer and saw servicing provider Lancashire Saws Ltd.

Edinburgh-based sports streaming platform Recast Sports has been reacquired out of administration by founder Andy Meikle through Content Technology Partners (CTP), a firm in which he holds a significant stake.

Accountancy firm Armstrong Watson, which operates in Scotland and across the North of England, has acquired financial services firm 3G Financial. 3G Financial is owned and operated by Charles Graves who decided to take a step back from advising after almost 16 years in business, and 45 years working

UK accountancy group MHA has announced a merger with Aberdeen-based Meston Reid & Co. Meston Reid & Co provides a full complement of accountancy and business advisory services for clients primarily in the North-east of Scotland.

Glasgow-based Macfarlane Group has acquired B&D 2010 Group Limited, a Southern England based specialist in protective packaging, in a deal worth £3.85 million. This earnings enhancing acquisition is in line with Macfarlane’s stated strategy of building its protective packaging busine

Agile asset and wealth management AssetCo has acquired Indian fund manager Ocean Dial Asset Management, purchasing the entire issued share capital from Avendus Capital Asset Management. The completion follows the necessary approvals from the FCA and Indian regulators.

Finsbury Food Group, which acquired Coatbridge-based Lees earlier this year, has accepted an acquisition offer from Frisbee Bidco, a subsidiary owned by Isle of Man asset management firm DBay Advisors, in a deal valued at £143.4 million.

Hamilton-based Greenwood Moreland, part of JMG Group, has acquired Glasgow-based Calcluth & Sangster Insurance Brokers. Representing its largest acquisition since the business began on its growth path, the deal will add £6m of gross written premium to the Greenwood Moreland business.

Scottish independent investment bank Cavendish has been formally established through the merger of Cenkos Securities and finnCap Group. Operating from Cenkos’ existing offices in Edinburgh, Cavendish will now add M&A, private capital and debt advisory to its existing equity capital markets

Edinburgh-based Nucleus Financial Platforms, an independent adviser platform in the UK, has secured all the requisite regulatory approvals for its acquisition of the Curtis Banks Group.

Irwin Mitchell and Wright, Johnston & Mackenzie have merged. Irwin Mitchell Scotland operates out of Glasgow predominantly in banking and finance and complex personal injury work. Wright, Johnston & Mackenzie specialises in corporate, private client, property, and asset management.

Morton Fraser and MacRoberts have agreed to merge in a move that will create a new, top-tier independent law firm in Scotland. With 250 solicitors and £46 million in annual revenues, the newly-merged firm says it will form part of a new 'big four' in Scotland's legal sector, being over 30% lar

Continuing its series of rapid acquisitions, Edison Group has bolstered its portfolio by acquiring Linlithgow-based Cabin Scotland Limited in an all-cash deal. The acquisition is viewed as a strategic move to enhance its diversified property services.

VINCI Energies has solidified its position in Scotland by acquiring NorPower, a Muir of Ord-based company specialising in extra high voltage overhead lines in the UK. Founded in 2003, NorPower has expertise in the construction, installation, reconfiguration, and refurbishment of woodpole and steel o