Mergers & Acquisitions

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.

McGill’s Buses have now completed their acquisition of First Scotland East and vowed that local management will be empowered to make decisions for local services serving local people. The deal was announced earlier in September and has now been officially completed. McGill’s Group has ta

Scottish independent pharmacy operator Eastwood Pharmacy Group has acquired a new store in Airdrie thanks to a £5.7 million funding package from HSBC UK. The Glasgow-based firm is expanding after it used the funding to acquire McNish Pharmacy in Caldercruix, Airdrie, which has been part of the

Perth-based Balhousie Care Group has been bought by international health care firm AcalisCare in a multi-million-pound deal.

Gilson Gray Financial Management (GGFM) has acquired North Berwick-based Wallace Financial Planning in a seven-figure deal. The acquisition is the first step in the growth strategy of the financial services arm of legal firm Gilson Gray. The deal and increases GGFM's assets under management (AU