Mergers & Acquisitions

The Competition and Markets Authority (CMA) has opened an investigation into the proposed £2.5 billion acquisition of Redrow by Barratt Developments.

Macfarlane Group has announced the acquisition of Allpack Packaging Supplies Limited in a cash deal worth up to £3.25 million. The earnings-enhancing move furthers the company's strategy to grow its protective packaging business through organic and acquisitive means.

Supplier of industrial and engineering products Troy has strengthened its presence in Scotland through the acquisition of Scott Direct Group, a family-run firm based in Grangemouth. The deal marks Troy's 19th acquisition and second since receiving multi-million-pound investment from BGF last year. I

Nationwide, the UK's largest building society, has proposed to offer of 218p per share in cash for the takeover of Clydesdale Bank-owner Virgin Money UK, valuing the deal at £2.9 billion.

Property firm Lomond Group, which has completed over fifty acquisitions since 2021, continued its expansion in Scotland with the acquisition of Tay Letting. The firm, which has offices in Glasgow, Dundee, and Edinburgh, will become part of the DJ Alexander brand and substantially increase the f

Edinburgh-based Corran Capital has secured £80 million for its second fund, Corran II, dedicated to investments in clean energy and climate-focused companies throughout the UK. The specialist clean energy private equity firm has invested part of the funding to acquire a 30% stake in Vital Ener

Gilson Gray has enhanced its presence in Edinburgh through the acquisition of MHD Law, marking its second takeover deal in 2024. MHD has a 100-year history and, over that time, has established a strong local reputation for delivering legal services across property, estate agency and conveyancing, pr

Macdonald Henderson has announced its acquisition of Glasgow-based Blaney Carnan Solicitors. Blaney Carnan specialises in business and property law, domestic and commercial conveyancing, wills, estate planning and commercial contracts.

Consolidation in Scotland’s independent financial advice sector is showing no signs of slowing, experts believe. Corporate lawyers at independent Scottish legal firm Lindsays say they are advising a growing number of Independent Financial Advisors (IFAs) on transactions including mergers, take

Aberdeenshire-based Acumen Accountants has expanded its reach with a key merger south of the border. As a result, the growing company has bolstered its management team with the appointment of Andrew Wilson as a new director.

AAB has kept its top financial adviser ranking with 18 mergers and acquisition deals completed during 2023, according to Experian’s latest United Kingdom and Republic of Ireland M&A Review.

Clydesdale Bank-owner Virgin Money is set to acquire Abrdn's 50% stake in their joint investment platform for £20 million, less than a year since its launch.

Nucleus Financial Platforms has acquired investment platform and wealth management software provider Third Financial.

Barclays UK has sealed a deal to acquire Edinburgh-headquartered Tesco Bank's retail banking business for an initial £600 million.

The boards of UK housebuilders Barratt Developments and Redrow have agreed a merger deal, which prices Redrow at £2.524 million.