Articles by Scottish Financial Review


Tesco Bank appoints Henderson as new CFO

Edinburgh-based Tesco Bank has announced the appointment of Richard Henderson as its chief financial officer (CFO). The appointment is effective from June 30, 2021, and is…







Menzies Distribution buys Bathgate-based JBT

Menzies Distribution announced the acquisition of JBT Distribution, a Bathgate-based logistics and supply chain services business with annual sales of more than £23 million. Private…




Former Aberdeen Standard team launch new firm

Former Aberdeen Standard Investments executives Alex Barr and James Witter have launched Bread Street Capital Partners Ltd, a new investment management business specialising in broadening investor…










Moody’s affirms Standard Life Aberdeen rating

Debt rating agency Moody’s Investors Service has affirmed Edinburgh-based asset management giant Standard Life Aberdeen plc’s A3 long-term issuer rating, and Baa1(hyb) subordinate (domestic) rating….



Aberdeen’s KCA Deutag wins $550m contracts

Aberdeen-based drilling and engineering contractor KCA Deutag (KCAD) said it has secured a contract award and two contract extensions for platform drilling services in Russia, UK…






AAB and Hardie Caldwell merge in £50m plan

Aberdeen-based accountants and business advisors Anderson Anderson & Brown (AAB) and Glasgow-based accountants Hardie Caldwell announced they have merged to accelerate AAB’s plans of becoming a…














Mattioli Woods to buy £100m Maven Capital

Leicester-based asset management firm Mattioli Woods announced the proposed acquisition of Glasgow-based private equity and alternative asset manager Maven Capital Partners for up to £100 million and…







Scottish Enterprise invests £400m for jobs

Scottish Enterprise, Scotland’s national economic development agency, said on Monday it will invest £400 million to safeguard and create jobs. The agency said Scotland’s unemployment levels…
















Abrdn appoints London-based CEO of wealth unit

Edinburgh-based Standard Life Aberdeen (SLA) — currently changing its name to Abrdn — has announced the appointment of Caroline Connellan as chief executive officer of Personal…



Salmon exports to EU at record £100m in Q1

Scotland’s salmon farming industry exported a record amount of fresh fish to the European Union in the first quarter of 2021 despite post-Brexit disruptions, according…


Gilbert’s AssetCo buys Saracen Fund Managers

Martin Gilbert’s investment vehicle AssetCo plc announced it agreed to acquire Edinburgh-based Saracen Fund Managers Limited for £2.75 million in shares and cash. “The acquisition…


DataVita acquires Fortis data centre

DataVita, Scotland’s largest data centre and multi-cloud services provider, has acquired the Fortis data centre in Lanarkshire with £45 million of support from HFD Group….