Mergers & Acquisitions

Independent decorator's merchant Brewers has acquired Stirling-based The Paint Shed, which has 20 stores across Scotland, for an undisclosed sum. The acquisition has provided growth capital investor BGF, which has backed The Paint Shed since 2020, with a successful exit.

Glasgow-headquartered Macfarlane Group PLC has acquired A & G Holdings Limited, the owner of Gottlieb Packaging Materials Limited, in a deal worth £3.55 million. The acquisition is part of Macfarlane's strategy to expand its protective packaging business through organic and acquisitive gro

Inverness-based Munro and Noble has acquired Caithness-based firm Georgesons Solicitors, which comprises both Georgesons Solicitors and Georgesons Estate Agents. The newly acquired business will operate under the name Munro and Noble incorporating Georgesons.

Michelle Elliot and Callum Carmichael, partners with FRP Advisory, have sold Dundee-based Bonar Yarns Limited, which went into administration in early April, to Newman Yarns Limited, a new business created for the purposes of the acquisition.

Burges Salmon has advised Rivington Solar Limited (part of the Renewable Connections development business) and European Energy UK Limited on the sale of two ‘shovel-ready’ co-located solar and battery storage projects based in Scotland — one at Strathruddie Farm and one at Mon

Aberdeen-based Aurora Energy Services has initiated its operations with the acquisition of R&M Engineering and Inverness Access Training Services (IATS), for an undisclosed sum, marking its entry into the international energy sector. With a goal of creating a £100 million turnover internat

Macdonald Henderson has advised Opulus in its acquisition of George + Co. The acquisition, announced last week, is part of Opulus's strategic plan to extend its geographic footprint throughout Scotland.

Aberdeen-headquartered Wood Group's board has confirmed it is considering Apollo Global Management's fifth acquisition proposal for 240p per share, which was put forward earlier in the month.

Edinburgh-based Redmill Advance has acquired Expert Pensions, a learning & development brand in the UK wealth management and financial planning industry. The acquisition will allow Expert Pensions' clients to benefit from Redmill Advance's digital learning management system (LMS), in-house L&

Scottish-based plant hire company, Morris Leslie Plant Hire has acquired Harborough Hire Centre based in Market Harborough, Leicestershire. The sale, which was concluded on Friday, 31st of March for an undisclosed sum, sees Morris Leslie Plant Hire increase its UK wide depot network to 15, providing

DM Hall has acquired a long established Edinburgh architectural reporting business, AWA, for an undisclosed sum. AWA offers an architectural reporting service that gives solicitors and home owners peace of mind when alterations have been carried out without consent, either confirming that no consent

Glasgow-headquartered digital pharmacy Phlo Technologies has acquired of the UK arm of US-based healthcare unicorn Truepill for an undisclosed sum. The acquisition bolsters Phlo's position in B2B pharmacy services in the UK, where the market is on a strong post-pandemic upward trajectory, and includ

Ayrshire-headquartered construction, property and investment business Edison Group has acquired Crown Architectural Systems. Crown Architectural Systems is a north-east of England-based company which operates from a 6500 sq. ft facility in the City of Sunderland district of Tyne and Wear, and e

Frasers Group, owned by billionaire Mike Ashley, has acquired Dundee's Overgate Shopping Centre in a deal estimated to be worth £30 million.

Cenkos Securities and finnCap have announced a 50-50 all-share merger worth £43 million, creating the UK's largest investment bank focused on smallcap growth companies. While Cenkos is the only institutional stockbroker with a full-service office in Scotland, finnCap has no physical presence n