Blair Nimmo and Alistair McAlinden from Interpath Advisory have been appointed joint provisional liquidators to Stewart & Shields Limited, a family-founded business that has been operating from Helensburgh for over 60 years, after the firm collapsed with the loss of 15 jobs.
Zakir Issa, a sibling of the billionaire Issa brothers who own Asda, has acquired the Bon Accord shopping centre in Aberdeen through EP Properties for a sum believed to be less than £10 million.
Scotmid Co-op has reported a solid financial performance despite a challenging year, with its trading profit amounting to £3 million, £2.7m down from the previous year.
Aberdeen-headquartered Wood Group’s board has confirmed it is considering Apollo Global Management’s fifth acquisition proposal for 240p per share, which was put forward earlier in the month.
Blackwood Homes and Care has appointed finance professional Heather Duncan to the newly created role of director of finance and strategic partnerships.
The Edinburgh International Conference Centre (EICC) increased revenue by 45% to £11.8 million in the year to 31 December 2022 (2021: £7.4m), but recorded a decrease in operating profit to £700,000 from £1m the previous year.
According to the latest Royal Bank of Scotland PMI data, the Scottish private sector saw a second successive monthly rise in business activity, with underlying data showing quicker growth across both the manufacturing and service sectors.
Edinburgh-based Redmill Advance has acquired Expert Pensions, a learning & development brand in the UK wealth management and financial planning industry.
Investment opportunities were central to Tartan Week celebrations as some of Scotland’s most innovative tech firms pitched to North American venture capital investors in New York.
Oxygen Conservation, a company committed to tackling climate change and the biodiversity crisis, has acquired 23,000 acres in Scotland with the support of a £20.55 million loan facility from Triodos Bank UK.
International investors are prepared to play the longer game when it comes to property purchases in Scotland, according to Lindsays partners Derek Nash and John Bett, who have said there remains “definite” interest from potential overseas buyers in the Scottish market.