May 2021








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….














Wheatley Housing names Jo Armstrong new chair

Wheatley Housing Group Limited — Scotland’s biggest social landlord — has announced Jo Armstrong as its new chair. Armstrong will succeed Alastair MacNish when he retires…




Aberdeen Harbour expansion contracts awarded

Aberdeen Harbour Board has awarded two new contracts worth £60 million for the construction of its South Breakwater and Crown Wall. Both structures will provide protection…



Weir prices $800m syndicated bond offering

Glasgow-based global engineering and mining giant Weir Group announced on Friday it has completed its first ever syndicated bond deal as it priced the offering of $800 million…



Nucleus shareholders OK takeover by James Hay

Shareholders of Edinburgh funds platform Nucleus Financial Group have finally agreed to a £145 million takeover by investment firm James Hay. In a stock exchange statement, James Hay…








Aberdeen, Macquarie in big Spanish fibre deal

Macquarie Capital, Aberdeen Standard Investments (ASI) and Daiwa Energy & Infrastructure (DEI), the investors behind Spain’s Onivia Network, have acquired a majority stake in a…