Thornbridge Sawmills

Cairngorm Capital acquires another timber company

Cairngorm Capital Partners LLP (Cairngorm Capital) has acquired North Yorkshire Timber (NYTimber) and is merging it with its existing portfolio company, Thornbridge. Following the acquisition of Thornbridge in November 2017, this transaction is the next…

Picture courtesy of Ashley Ann Kitchens

Wick’s biggest employer set to expand with £1.5m investment

The biggest private sector employer in Wick in Caithness is to strengthen its presence in the area and create more jobs. Family run Ashley Ann Limited (AAL), which designs and manufactures kitchens, bedrooms and bathrooms,…

Paddy Graham

Paddy Graham: Significant increase in deal volume in Scotland

Sometimes it’s easy to get caught up in the negativity that seems to surround the world of business, from plunges on the stock market to mounting regulation and the uncertainty being created by Brexit. But peel…

Cahal Dowds

UK acquisitions of US companies on the rise

UK buyers acquired 109 US companies in the second half of 2017, up 23.9% on the 88 deals done in the second half of 2016. However US buyers acquired 156 UK companies in the second half…

Colette Cohen

Technology Centre celebrates first year with £37 million co-invested

In just 12 months, the Oil & Gas Technology Centre has co-invested £37 million in more than 70 projects to develop and deploy new technology that could transform the future of the UK North Sea.…

Sheena Martin and Lynette Summers of Keltic Accounting

Inverurie Accounting firm continues expansion

An Inverurie Accountancy firm continues its expansion with the appointment of Lynette Summers as Associate Director, bringing the staff complement to nine. Keltic Accounting in Port Elphinstone has seen continued growth in its client base…

Looking for funding to grow or start your business?

Aberdeen City Council is a member of Business Loans Scotland, a consortium of Scotland’s 32 local authorities, offering loan finance to new and growing small and medium sized businesses (SMEs). Business Loans Scotland offers gap…

Lynn Lavelle

Turnover up at Law At Work

Law At Work (LAW), the employment law, HR and health & safety specialists, has seen its revenue increase by 30% to £1.48m for the first six months of their accounting period. The growth comes from new clients acquisition…

Paul Holbrook

£33m investment in Scottish medical device factory

Tokyo-based Terumo Corporation is to invest £33 million in one of its subsidiary companies, Vascutek Limited, located near Glasgow. The investment has been approved for the major expansion of Vascutek’s headquarters and manufacturing facility at…

Paul Dickson

Armstrong Watson Acquires Glasgow Office of Haines Watts

Armstrong Watson, Accountants, Business and Financial Advisers has acquired Haines Watts Glasgow office as part of their plans to expand the business across Scotland and the North of England. The Glasgow office will offer Accounting,…

Photo courtesy Gray & Adams

Gray & Adams Group report peak in profits to almost £10m

Fraserburgh-based freight vehicle manufacturer Gray & Adams has announced a sharp rise in turnover - with pre-tax profits sitting at £9.7million for the last financial year. The family-owned business, which supplies trailers to most of…

David Laing, Chairman of the D J Laing Group

D J Laing Group moves back to profitability

The D J Laing Group  has reported a pre-tax profit of £628,000 compared to a loss of £88,000 in the previous year for their civil engineering, housebuilding and recycling operations. In October 2015 the waste processing operations…

The Lovat Hotel

Perth hotel parent company goes into liquidation

S.L.E Enterprises, the company that ran The Lovat Hotel, Perth, ceased trading on Monday, 25th January and 47 employees of the business were unfortunately made redundant at that time. Matt Henderson, Restructuring Partner at Johnston Carmichael,…

John Wilson

Simmons Private Equity invests in Step Change Engineering

Energy focused private equity fund, Simmons Private Equity (“SPE”) has invested in Aberdeen based Step Change Engineering. This investment by SPE marks the addition of a second company into the Integrated Consulting Group (“ICG”). Established…

Neil Norman

Chiene + Tait ‘highly commended’ at UK entrepreneurial tax adviser awards

For the third year in a row Chiene + Tait’s Entrepreneurial Team has been recognised for its outstanding performance in advising clients on entrepreneurial tax schemes. The firm was once again ‘Highly Commended’ in the…

From left - Chris Gauld and Kevin Lyons

Spark Energy appoint new Chairman as company hits £159m turnover

Spark Energy, the leading multi-utility provider to home movers has announced record turnover as it welcomes Kevin Lyon as its new Chairman. Announcing results for year to June 2017 and commenting on the appointment of…

Aberdeen City Council

ACC leads the way with inaugural Bond Conference

Aberdeen City Council is to host  a new conference called 'Bond Investments – Transforming Delivery of City Growth' supported by The Improvement Service, giving attendees the opportunity to hear from leading investment firms and issuers on…

Iain Fraser

Aberdeen Fluid System Technologies Limited in receivership

A North East specialist supplier of small bore tubing systems, technology and services to the oil and gas industry, Aberdeen Fluid System Technologies Limited (AFST), has been placed in receivership, with Iain Fraser and Tom…

Alan Kirkwood

CRL opens Scottish office

Construction insurance specialist, CRL, is expanding its market presence with the launch of a new office in Scotland. This is the first of three new office openings planned for 2018 across the UK and Republic of…

Cairngorm Capital acquires MJ Wilson as first investment in its MRO strategy

Edinburgh-based Cairngorm Capital Partners LLP has acquired MJ Wilson Group Limited, a distributor of Process Instrumentation and Control products. MJ Wilson sells highly technical Process and Instrumentation Products (including valves, controls, test equipment, pipe, fittings,…

Vance Bell

Scottish Carpet Tile Manufacturer STS bought by Shaw Industries

Scotland-based carpet tile manufacturer Sanquhar Tile Services (STS) has been acquired by Shaw Industries Group, Inc., the largest carpet tile manufacturer in North America. This acquisition expands Shaw’s carpet tile footprint to meet the needs of its…

Nicola Rollings

Anderson Anderson & Brown appoints new restructuring manager

Anderson Anderson & Brown LLP (AAB), one of the UK’s leading firms of Chartered Accountants & Business Advisors, has appointed Nicola Rollings as Restructuring Manager in their growing Restructuring & Recovery (R2) division. Nicola, who…

Scott Garden

New addition for the Hutcheon Mearns specialist team

Scott Garden CA is to join the Hutcheon Mearns team as a Senior Specialist.  This new appointment is the result of the increased demand for the unique services of the Hutcheon Mearns team.  The Specialists team…

Jim McColl

Billionaire Scotsman proposes new Scottish Bank

One of the richest men in Scotland has proposed launching a new Scottish bank to fund growing businesses the Herald has reported. Jim McColl, the billionaire boss of investment vehicle Clyde Blowers Capital brought up…

Jerba Campervans staff

Employees to take the wheel at Jerba Campervans

A North Berwick-based company which specialises in converting Volkswagen Transporter vans into luxury campervans has become Scotland’s latest employee-owned business, with 15 staff becoming owners. Founded in 2006 by husband and wife team Simon Poole…