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.
Mergers & Acquisitions
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
Tweed Wealth Management's team of financial advisers has acquired the wealth management arm of local Highlands legal firm Macleod & MacCallum. The tie-up means Macleod & MacCallum Wealth Management will become part of Tweed Wealth Management bolstering the latter’s position as a financ
The board of Scottish meat casings firm Devro announced a takeover agreement has been reached with a company owned by one of Germany's richest families. The deal with Bidco is for a cash acquisition of the entire issued valued at approximately £540 million on a fully diluted basis, implying an
Boyd Legal has acquired Fife practice Baird & Company in Glenrothes.
Strategic Asset Managers Limited (SAM), a Glasgow financial advice firm, has been acquired for £5.1 million by international wealth and investment management group Kingswood Holdings Limited. The Glasgow firm offers services to families, businesses and professional partners across the cen
Clarkston-based Clark Andrews, a chartered accountancy firm founded in 2005 by Robert Andrews and Karen Clark, has joined the Martin Aitken Group. All of the Clark Andrews staff will remain based in the Clarkston office and will continue to operate under the Clark Andrews name.
Scottish offshore wind developer, Flotation Energy, has been sold to Tokyo Electric Power Company (TEPCO), one of Japan’s biggest companies. Listed on the Tokyo Stock Exchange, TEPCO is Japan’s largest utility company. Its subsidiary, TEPCO Renewable Power, has a generating capacity of 9
AssetCo, agile asset and wealth management company, has acquired SVM Asset Management Limited, expanding its presence in Scotland. The acquisition was pending approval by the FCA to the change of controller of SVM. This approval has now been granted, all the conditions pertaining to the acquisi
Hardies Property & Construction Consultants has acquired Dundee-based quantity surveying firm the John Duguid Partnership. Established in 1929 in Dundee, John M Duguid & Co was initially solely a quantity surveying-based firm. However, the firm was renamed to John Duguid Partnership in 1989,
Mitchells Roberton has merged with conveyancing practice Wisharts Law. Owned by husband-and-wife team, Frances and Robbie Wishart, the firm, which operates from offices in Nelson Mandela Place, was founded in 2014. Wisharts Law LLP specialises in the buying and selling of residential property.
Ledingham Chalmers LLP has announced the acquisition of Inverness-based legal practice Anderson Shaw & Gilbert (ASG). The deal, part of the Aberdeen-headquartered firm’s nationwide growth plans, creates a business with around a £14 million annual turnover and headcount of 196 includi
AAB, tech-enabled business critical services group, has announced the acquisition of May Figures Ltd to expand its R&D tax credit services offered across the UK and Ireland. Established in 2013 by Julia May and Dr Mark Graves, May Figures Ltd has grown across the UK, building a track record deli
The Competition and Markets Authority (CMA) has provisionally approved the deal proposed by Morrisons to acquire McColl's stores. In July 2022, the CMA launched its investigation into Morrisons reported £190 million purchase of stores owned by McColl’s Retail Group Plc.