ScottishNews.com

Finance

McLaren Packaging acquires Glenhaze for undisclosed sum

Published 1 year ago

Port Glasgow-based McLaren Packaging has acquired Bathgate-based protective packaging company Glenhaze for an undisclosed sum.

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City of Dunfermline and Fife to be showcased to national and international investors

Published 1 year ago

Fife Council’s Leader, Councillor David Ross, will be promoting Fife and the City of Dunfermline’s investment potential, in London, this week (24-25 January), as part of a Scottish Cities Alliance event.

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Abrdn targets £150m savings through job cuts and operational streamlining

Published 1 year ago

Edinburgh-based investment giant abrdn has announced a cost cutting programme targeting an annualised cost reduction of at least £150m by the end of 2025.

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Edinburgh-based payment platform BR-DGE surges ahead with 60% increase in merchant signups

Published 1 year ago

Payment orchestration platform BR-DGE has reported robust growth in 2023, fuelled by an increased demand in the market.

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Private equity activity in Scotland edges downward during 2023

Published 1 year ago

Mid-market private equity investment activity in Scotland saw a slight slight dip compared to last year’s record high, according to KPMG UK’s latest Mid-market Private Equity report.

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Joint administrators secure sale of Livingston uPVC windows business

Published 1 year ago

Livingston-headquartered Evoframes has been bought out of administration saving all 76 jobs.

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BGF drives Scottish growth with £33m injection and five successful exits in 2023

Published 1 year ago

British Growth Fund (BGF) has marked another successful year in 2023, with its Scotland and Northern Ireland team delivering five profitable exits and injecting £33 million into the local growth economy.

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@sipp charts independent course with successful management buyout

Published 1 year ago

Scottish pension provider @sipp has successfully undergone a management buyout (MBO) led by managing director Eddie McGuire and finance director Steve Lancaster.

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Consilium secures £450,000 RSA grant for James Scott & Sons

Published 1 year ago

James Scott and Sons, the Scottish manufacturer of commercial kitchens, is ready to embark on an exciting new chapter thanks to a £450,000 grant secured by Consilium Chartered Accountants.

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More than 38,000 new Scottish businesses in 2023

Published 1 year ago

More than 38,000 start-ups were launched in Scotland in 2023, according to new research from R3, the UK’s insolvency and restructuring trade body.

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Shona Campbell appointed chair of Henderson Loggie

Published 1 year ago

Scottish accountancy firm Henderson Loggie has elected Shona Campbell as its new chair, succeeding Alan Davis following his successful eight-year tenure.

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Edinburgh game developer secures game-changing $110m investment

Published 1 year ago

Edinburgh-based game developer and publisher Build A Rocket Boy has successfully concluded a Series D funding round, securing over $110 million (around £87m) in capital.

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IGS raises record £22.5m to revolutionise vertical farming

Published 1 year ago

Edinburgh-based Intelligent Growth Solutions (IGS) has successfully raised £22.5 million in a Series C funding round to support significant global expansion as the business deploys its vertical farming technology to customers worldwide.

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N4 Partners boosts investment in neurological researcher NeuroClin

Published 1 year ago

N4 Partners has recently concluded an additional seven-figure investment in NeuroClin, an innovative neurological research organisation based at the Eurocentral business hub.

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SCC: Scottish economy stuck in shadow of low growth

Published 1 year ago

Scotland’s economy is “stuck in a low growth cycle”, according to the latest Scottish Chambers of Commerce Economic Indicator.

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