Mergers & Acquisitions

Law firm Weightmans’ corporate team in Glasgow has advised on 17 M&A deals in 2022 worth a total of £69.6m. Deals advised on include a series of acquisitions by Dentex Healthcare, including two Glasgow-based practices, Shawlands Dental Care and Orchard Park Dental Practice.

Wolseley Group has signed an agreement to acquire Kooltech, one of the UK’s large air conditioning specialists, as it continues to increase its portfolio of suppliers and distributors across the UK. The deal is expected to complete in mid-2023.

Spotless Commercial Cleaning Ltd has acquired of two rivals south of the border, which has bolstered its annual revenues and widened its UK customer base. The Edinburgh-headquartered company has taken over the Manchester-based Purity Group, purchasing its assets out of administration. The move furth

Blackford Analysis, strategic imaging artificial intelligence platform and solutions provider, has been acquired by life science and pharmaceutical giant Bayer AG, for an undisclosed sum. Spun out from the University of Edinburgh in 2010 and still headquartered in the city, Blackford has a presence

Accounting and business advice firm Wylie & Bisset has advised Livingston-based laboratory equipment and support specialists C&M Scientific on its sale to Scientific Laboratory Supplies (SLS), a supplier of equipment, chemicals and consumables for laboratory use in the UK. C&M Scientific

International oil services firm Archer Limited has closed a deal to acquire Ellon-based Romar-Abrado for $8 million (£6.57m), plus earn-out pending trading performance over 2023 to 2025.

Nucleus Financial has offered to acquire Curtis Banks Group for a sum of £242 million. The transaction will bring together the Nucleus Group, a firm with offices in Edinburgh, Glasgow and Salisbury, and the Curtis Banks Group to create a leading retirement-focused adviser platform with approxi

AAB Wealth, part of the AAB Group, has acquired Kilkee Financial Services Ltd (Kilkee), based in Aberdeen. Founded in 2002 by Geoffrey Purcell, Kilkee has over 100 clients in Aberdeen and offers professional advice to families and individuals regarding their financial future. The transacti

WB Alloy, a Glasgow-headquartered welding and cutting specialist, has expanded its operations through acquiring a 50% interest in TVC, an English data and welding inspection business, after receiving financing worth £4.8 million from Barclays.

Aberdeen-based Dron & Dickson, specialists in integrated supply, installation, and maintenance of harsh and hazardous area electrical equipment, has acquired Inverurie firm Cable Solutions Worldwide Limited in a seven-figure deal.  The acquisition will enable Dron & Dickson to offer an

Aberdeen-headquartered activpayroll has taken a significant step forward in its Asia Pacific growth plans with the acquisition of Malaysia-based payroll outsourcing and employee mobility specialist, Propay Partners. activpayroll has grown revenues over the last year by 27%, with the firm's Asia Paci

BSW Timber Ltd, UK integrated timber and forestry business, and a member of Binderholz, has acquired Scott Group, a supplier of timber pallets and bespoke timber packaging solutions. Based near Dunfermline, with an annual turnover in excess of £250 million and 1,300 employees, Scott Group is a

Murgitroyd, the pan-European intellectual property (IP) protection business, has acquired the UK-based IP business, TLIP Ltd. The move is Murgitroyd’s fourth acquisition inside two years and further strengthens its position as a leading player in the European IP protection sector.

International subsea equipment rental and solutions firm Ashtead Technology has expanded its mechanical solutions service offering with the acquisition of Hiretech for a total consideration of £20 million. Established in 2011, Hiretech is a management owned, Aberdeenshire-based equipment renta

Irn-Bru producer AG Barr has announced the acquisition of Boost, a branded drinks business, in a £32 million deal. The deal is for an initial consideration of £20m, on a debt free cash free basis, and an additional consideration of up to £12m, dependent on future revenue and profit