Mergers & Acquisitions

A proposed £2.5 billion merger between UK housebuilders Barratt Developments and Redrow looks set to go ahead despite concerns from the competition regulator.

Inverness-headquartered Aurora Energy Services has announced its expansion into South America with the acquisition of a Chilean wind energy services business. Aurora has acquired the Latin American assets of Altitec Blade Services, which is a separate entity from the parent group acquired in Februar

Glacier Energy, provider of products, services, and engineered solutions for renewable and conventional energy markets, has acquired fabrication business Francis Brown. Established in 1903, Francis Brown is a manufacturer of pressure vessels and structural fabrications. The move strengthens and broa

Hargreaves Lansdown, the FTSE 100-listed investment platform, has agreed to a £5.4 billion takeover offer from a private equity consortium led by CVC Capital Partners. Pending shareholder approval, the deal will pay £11.40 per share, with the founders, Peter Hargreaves and Stephen Lansdo

Newton Property Management has continued its growth through the completed acquisition of Aberdeen-based Atholls. At the end of July, Atholls transferred all common management responsibilities for 2,600 factored properties following a review of services.

Hillhouse Group, one of the largest independent suppliers of quarry materials in Scotland and a third-generation family business, has acquired Skene Group Construction Services Ltd.

Solicitor and estate agents Watermans has completed the acquisition of Edinburgh legal firm Cooper Johnson Law. The deal sees Hazel Johnson appointed as the new Head of Private Client as Watermans builds on recent growth to expand that area of the business.

American petroleum drilling firm Helmerich & Payne, Inc (H&P) has come to a definitive agreement to acquire of Portlethen-based KCA Deutag for a cash sum of $1.9725 billion (c. £1.53bn).

The Competition and Markets Authority (CMA) has approved Nationwide Building Society's £2.9 billion acquisition of Virgin Money UK.

Macallan Food Group, a new Scottish food business led by industry veterans Bill Hazeldean and Stewart McLelland, has acquired Malcolm Allan and made a significant investment in Macsween of Edinburgh, both for an undisclosed sum. Gordon Allan, son of Malcolm Allan's founder, expressed confidence that

Glasgow-headquartered Edwin James Group has acquired Pettits Ltd and its subsidiary Motivair Compressors Ltd for an undisclosed sum. The deal strengthens Edwin James Group's portfolio, introducing compressed air management services and access to Motivair's 9,000 assets across various sectors.

Berlin-based hospitality group NUMA has acquired Native Places, the short-stay business of Native Holdings, which has locations in Edinburgh and Glasgow, for an undisclosed sum. NUMA Group recently reached €2 billion in real estate assets under management and manages over 6,500 rooms

Macfarlane Group PLC has acquired Polyformes Limited, a UK-based protective packaging manufacturer, for a deal worth up to £11.5 million. The deal includes an earn-out of up to £4.8m over two years, based on agreed profit growth targets. This acquisition strengthens Macfarlane's protecti

Scottish estate and letting agency DJ Alexander has acquired Sandstone UK Property Management Solutions Ltd which trades as Sandstone Management. DJ Alexander is the Scottish arm of Lomond, which has purchased close to 60 property businesses in three years with total estate and lettings agency reven

Park Property Management has acquired the residential factoring division of Lorimer Property Group based in East Kilbride. The acquisition is part of Park PM’s strategic growth plan and brings the value of assets in its estate to over £1 billion under management, creating one of Scotland