An agreement has been reached by LGT, the international private banking and asset management group owned by the Princely Family of Liechtenstein, to acquire abrdn's discretionary fund management business in the UK and Jersey for £140 million. The transaction involves approximately £6.1 b
Mergers & Acquisitions
M&A volume in Scotland last year rose by 10.7% to 446 announced deals, up from 403 in 2021, with a total deal value of £24.8 billion, the latest Experian United Kingdom and Republic of Ireland M&A Review shows. The value of deals was 22% higher than the previous year.
Financial advice and fund management group One Four Nine has acquired McCrea Financial Services. McCrea Financial Services is an established full suite planning firm led by Douglas McCrea servicing individual and corporate clients throughout the UK primarily across the West of Scotland.
Burges Salmon has advised First Bus, a division of transport group FirstGroup plc, on the acquisition of Essex bus company Ensign Bus Company Limited (Ensignbus). Via its bus division, Aberdeen-headquartered FirstGroup is the second largest regional bus operator in the UK, serving two-thirds of the
Hodge Solicitors LLP of Blairgowrie and Watson + Lyall Bowie in Coupar Angus have merged.
Livingston-based The Edinburgh Driveway Company has been acquired by Scottish-based UK and internationally operating construction and property business Edison Group for an undisclosed sum. The Edinburgh Driveway Company, which operates throughout central Scotland and Ayrshire, provides a complete ra
FRP Advisory, the administrators of Dawnfresh Seafoods, have secured the sale of Dawnfresh Farming to Mowi Scotland, a subsidiary of Bergen-based international seafood farming and processing business Mowi Asa. As a result of the deal, which is for an undisclosed sum, 67 jobs and seven fish farm
Global E&C, a Scottish engineering, procurement and construction (EPC) service provider, has been acquired by US-based private equity company SCF Partners. Headquartered in Aberdeen, Global E&C has a global headcount of more than 1,000 people, with more than 900 people supporting the UK&rsqu
Independent pharmacy business Porter Pharmacy has purchased two pharmacies as part of its ongoing growth plans. Porter Pharmacy, which is owned and run by husband and wife team Andy and Lynne Porter, have added two pharmacies to their existing group of outlets, with the company now operating a total
Edinburgh-based Clevermed, a health tech company, has been acquired by System C, a UK provider of hospital-wide software for the NHS, for an undisclosed sum. The acquisition will unlock growth and investment for its flagship product, the mother and baby health system, BadgerNet.
CMS has advised HIMA Paul Hildebrandt GmbH (HIMA) on its acquisition of the entire issued share capital of Sella Limited and its subsidiaries, including Sella Controls (Sella), from the company’s management shareholders. Headquartered in Bruehl, Germany, HIMA is a provider of safety-related au
UK wealth manager Investec Wealth & Investment has completed its acquisition of Murray Asset Management for an undisclosed sum. Leigh Yeaman, Investec Wealth & Investment’s divisional director of Scotland and Northern Ireland, said: "We are delighted to announce that our acquisition of
Edinburgh-based retail water supplier Brightwater has announced the acquisition of the customer portfolio of Bristol-based competitor Blue Business Water Ltd and the appointment of Tom Barberton as managing director. The acquisition increases Brightwater's annual customer revenues to over £9m.
UK speciality bakery manufacturer Finsbury Food Group Plc has acquired North Lanarkshire-based Lees Foods Limited in a deal worth £5.7 million. Established in 1931, Lees employs more than 200 staff at its site in Coatbridge, Scotland. Lees has a large UK market position in the manufacture of m
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.