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SCOTTISH SOLUTION FIRM MAKES OFFER TO ENGLISH RIVAL

The Glasgow-headquartered temporary power solutions company Aggreko has made a cash offer to the board to the Burton-on-Trent based rival Crestchic. The offer for the entire share capital is valued at £122m, representing a premium of approximately 13% to the closing price per share of 356 pence on the 8th December. It also gives an

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OFFSHORE SPECIALIST TAKES MAJOR STAKE IN GLASGOW BASED FIRM

Offshore living quarter & engineering specialists, Modutec, has announced a majority investment in Glasgow-based co-at Marine. Co-at Marine are experts in marine and offshore HVAC and refrigeration solutions providing the most cost-effective and reliable means of creating a safe and comfortable environment on board ships and offshore structures. The move for the HVAC services company

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LIABILITY PARTNERSHIP FIRM MAKES MULTIPLE PROMOTIONS

KPMG UK has promoted ten colleagues to director across its three Scottish offices. The new appointments, effective from 1st December, come across key capability areas for the professional services firm and reflect its continued investment in its people. Laura Wiseman (Audit) and Meredith Casey (Deal Advisory) become directors in KPMG’s Edinburgh office. Along the M8,

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GLASGOW BASED FIRM ACQUIRES RIVAL

From Left to Right Paul Lynch, director of TLIP; Gordon Stark, chief executive of Murgitroyd and Dr Alex Turnbull, managing director of TLIP Intellectual property protection business Murgitroyd has acquired another rival, TLIP making this the firm’s fourth acquisition inside two years. TLIP was founded in 2014 and employs 14 people – nine patent attorneys and

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BREWDOG AD BANNED OVER FALSE CLAIMS

An advert for BrewDog has been banned over a “tongue-in-cheek” claim that its fruit-flavoured beers constitute “one of your five a day”. An email, dated 20 July, featured the subject heading and advertised beers with names that included Lost in Guava, Pineapple Punch and Lost in Lychee & Lime. A recipient complained that the five-a-day

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DIGGERS START AT NEW DUNDEE SITE

Construction work has started at a major housing project in Dundee which is set to bring 66 specialist homes to the area. Senior figures from Blackwood including Julie McDowell, Blackwood Chair, will meet yesterday with John Alexander, SNP Leader of Dundee City Council, Dougie Herd, Joint Managing Director of Campion Homes and other key stakeholders at one of

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BAIRD LUMSDEN BRINGS RURAL REDEVELOPMENT OPPORTUNITY

A fantastic redevelopment opportunity to create a rural enterprise or private home in the heart of the countryside is available for offers over £340,000 from Baird Lumsden. Baird is the rural property arm of DM Hall, one of Scotland’s largest independent firms of chartered surveyors, with the proposed sale of a former outdoor centre and

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RIVER CLYDE HOMES SECURES FUNDING PACKAGE

River Clyde Homes has secured a £117m loan facility from the Royal Bank of Scotland to help address the rising demand for sustainable, energy efficient homes in the West of Scotland.  Run as a registered charity, River Clyde Homes will use the funding to raise living standards in the affordable housing market, with a focus

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SPACE SCOTLAND WELCOMES INAUGURAL EXECUTIVE DIRECTOR

The Scottish space sector’s rapid ascent has charted another milestone with the appointment of a highly credentialed expert to lead the industry’s representative body. Dr Hina Khan (pictured above) joins Space Scotland as its first-ever Executive Director bringing more than 25 years’ experience in the space industry and with plans to use her expertise to

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IRN BRU MAKERS GAIN A BOOST FOLLOWING NEW ACQUISITION

AG Barr, makers of Irn-Bru have bought energy drinks brand Boost in a deal worth up to £32m. The acquisition includes 100% of Boost Drink’s issued share capital for an initial sum of £20m, with a further performance-linked payout of up to £12m dependent on future revenue and profitability performance of the Boost business over a

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