Weir buys £111m Townley Engineering of Florida
Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, said it agreed to acquire Florida-based businesses Townley Engineering and Manufacturing Co., Inc. and Townley…
Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, said it agreed to acquire Florida-based businesses Townley Engineering and Manufacturing Co., Inc. and Townley…
Edinburgh-founded Par Equity and Manchester-based Praetura Ventures are to merge to create PXN Group, a new venture capital and investment firm with over £670 million…
Burntisland, Fife-based Briggs Marine said it has been awarded a contract with the UK Ministry of Defence (MoD) to supply and maintain Authority Moorings, Markers and…
Scotland secured 135 foreign direct investment (FDI) projects in 2024 and has cemented its reputation as the top UK FDI location outside London after marking…
The value of the Scottish residential property market increased 45% from £15.7 billion to £22.7 billion in the last 10 years, according to the latest…
Spanish financial group Sabadell is exploring a sale of its UK bank TSB amid its efforts to fight off an €11 billion hostile takeover approach…
Troubled Aberdeen-based engineering and consulting giant John Wood Group and its joint venture (JV) partner, Tendrill International Sdn. Bhd, have secured a five-year contract with Brunei…
Artisanal Spirits Company, owner of The Scotch Malt Whisky Society (SMWS), Single Cask Nation (SCN) & J.G. Thomson, announced the launch of a new franchise in Vietnam. “The…
Three projects backed by £4.4 million have been announced by Deputy First Minister Kate Forbes that are designed to help turn research across Scotland’s universities and…
By Mark McSherry The £300 million Baillie Gifford UK Growth Trust plc said the fund’s net asset value (NAV) total return was 7.1% for the…
Edinburgh-based Frontier IP, a specialist in commercialising intellectual property, said it has entered into a strategic partnership with Abstract Mid-Tech Limited, an associate company of…
Perth-based SSE plc said it successfully launched a dual tranche issue of €1.3 billion in hybrid capital securities, a financial instrument which is subordinate to…
Bank of Scotland — which is owned by Lloyds Banking Group — has agreed a five-year lease extension with Hines, acting on behalf of Inmark…
Troubled Aberdeen-based engineering and consulting giant John Wood Group on Thursday extended the deadline for Dubai-based Sidara to make a firm takeover offer for Wood or…
Caledonian Holdings plc, the AIM-quoted investment firm focused on the financial services market, said it has “conditionally” agreed to invest an aggregate of £1 million…
Alexander Dennis, a subsidiary of Toronto-listed NFI Group Inc, announced that its Scottish bus manufacturing site in Falkirk would be closed with 400 jobs lost…
Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, said it has been awarded a £40 million sustainable tailings solution contracts for one of…
Bain Capital said on Wednesday it does not intend to make a firm takeover offer for Edinburgh-based Craneware, a provider of software for the US healthcare…
The University of Edinburgh Exascale Supercomputer is set to receive up to £750 million as part of Wednesday’s spending review by the UK government. The…
Shares of Aberdeen-headquartered transport giant FirstGroup plc rose as much as 12% on Tuesday after it said it made £169.6 profit before tax in the…
Troubled Aberdeen-based engineering and consulting giant John Wood Group said it has been awarded a $2.8 billion contract by the Abu Dhabi National Oil Company (ADNOC) to…
SSEN Transmission has welcomed the decision by the Scottish Government to approve its Section 37 consent application for the “Skye Reinforcement” — the replacement of…
The Royal Bank of Scotland Growth Tracker rose from 47.4 in April to 50.5 in May, indicating a renewed rise in business activity. This marked…
Scotland attracted 11 financial services foreign direct investment (FDI) projects in 2024, up from nine is 2023 and representing a decade high, according to figures…
Australian ticketing platform Humanitix is opening headquarters in Edinburgh as it seeks to bring its “good, not greed” ethos to the UK. The company is…
The Filmhouse in Edinburgh, Scotland’s leading independent cinema, will reopen its doors on June 27, 2025, following a £2 million refurbishment. Screen Scotland said that…
Wheatley Group, Scotland’s biggest social landlord, said on Wednesday it has retained its A+ rating with a stable outlook with S&P Global Ratings. As at March 31,…
Highlands and Islands Enterprise (HIE) is to invest up to £24 million at Kishorn Port in the west Highlands to upgrade its capacity and capabilities, with…
The Scottish Government said that more than £106 million has been allocated to Scottish health boards to help tackle the longest waits for procedures and…
The Scottish economy is currently in a “fragile” state, exacerbated by the US’s recent announcement of 10% tariffs on all imports, which has dampened business…
The Scottish Government said that more than 14,000 hectares of “degraded” peatlands have been restored across Scotland in the last year, helping to reduce carbon…
Edinburgh investment giant Aberdeen announced that Flavia Cheong intends to retire from her position as Head of Equities, Asia Pacific, at Aberdeen Investments, after 30…
The world’s largest economies will need to spend around $64 trillion on physical infrastructure by 2050 “if they want to keep the lights on and…
Edinburgh-based Wordsmith AI — an AI-powered legal assistant platform — has secured a $25 million series A investment round led by Index Ventures. Wordsmith AI…
NatWest Group, the bank formerly known as RBS, announced the appointment of Solange Chamberlain as the CEO of its Retail Bank, effective July 1, subject to…
Heriot-Watt University said its internationally recognised centre of excellence in brewing and distilling is set to undergo “a 21st century transformation” to ensure a sustainable…
FirstGroup plc has announced an update on the launch timing for its new Stirling to London rail service under the group’s cut-price Lumo brand. The…