Articles by Mark McSherry




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…





Weir orders up 11%, boosted by Ukraine deal

Shares of Glasgow-based global engineering and mining giant Weir Group edged 1% higher on Thursday after it published a trading update for the first quarter ending March…









Scotgold shares fall 20% amid cash crunch

Shares of Scotgold Resources Limited, the Australia-based gold exploration company focused on Scotland, fell another 20% on Tuesday after it published a stock exchange statement saying…





Current Health closes $43m financing round

Boston and Edinburgh-based Current Health, a “remote care management platform” formerly called snap40, announced it has raised $43 million in an oversubscribed Series B financing. “The round…





Salmon bosses dispute low HMRC export stats

The Scottish salmon farming industry has called for urgent action “to address discrepancies with export statistics published by the UK Government.” The Scottish Salmon Producers…