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Sunday, February 23, 2020

Acquisition

Anderson Anderson & Brown closed a deal per week during 2017

Anderson Anderson & Brown LLP (AAB), one of the leading independent firms of Chartered Accountants & Business Advisors in Scotland successfully completed 52 deals during 2017, covering a range of sectors including Oil & Gas, Construction, Food & Drink,...

PwC promotes new head of Deals for Aberdeen

PwC has appointed director Alan Barr to Head of Deals in their Aberdeen Oil & Gas Centre of Excellence, rewarding his commitment and contribution towards the development of the practice. Alan is a key member of the firm’s Deals practice,...

Ashtead Technology and Forum Energy Technologies complete joint venture

Ashtead Technology has completed its joint venture with Forum Energy Technologies, Inc. with effect from 3 January 2018. As part of the transaction, Forum Energy Technologies contributed its subsea rentals business, which traded as Forum Subsea Rentals, creating the one...

2018 will be ‘the year of the exit in the Granite City’ as deals activity increases

Tom Faichnie, managing director of Aberdeen-based Hall Morrice Corporate Finance Limited, believes that the next 12 months will see a surge in activity as shareholders finally look to execute exit plans. As 2018 approaches, he predicts how the business...

Hall Morrice Corporate Finance ends 2017 with deals valued at £30 million

An Aberdeen-based corporate finance team has acted for clients on deals valued at £30m since it was set up earlier this year. Hall Morrice Corporate Finance Ltd (HMCF) was established in response to a predicted uplift in deals activity...

EnerMech Acquire MInteg integrity and inspection specialist

Engineering services group EnerMech has taken a majority stake in Aberdeen-based maintenance, inspection and integrity specialist MInteg Ltd. MInteg provides a range of specialist maintenance, integrity and inspection services to the oil and gas, renewables, utilities and other major process...

John Lawrie Group acquires 60 North Recycling in Shetland

Metal reprocessing, tubular supply and decommissioning company John Lawrie Group has expanded its activities and service offering by acquiring the assets of 60 North Recycling in Shetland. The Group, which is headquartered in Aberdeen, has purchased the site previously occupied...

Centrica launches joint venture E&P company

Centrica has launched a joint venture oil and gas exploration and production (E&P) firm with Bayerngas Norge, to be called Spirit Energy which is expected to generate up to £150 million of cost savings. The new company will employs 700 people and will...

Centrica launches joint venture E&P company

Centrica has launched a joint venture oil and gas exploration and production (E&P) firm with Bayerngas Norge, to be called Spirit Energy which is expected to generate up to £150 million of cost savings. The new company will employs 700 people and will...

Dynamic Edge targets London growth after key IT acquisition

Aberdeen-based technology business Dynamic Edge has acquired a London-based  IT firm as it looks to grow the business in the the South East of England. The acquisition of Waytime Technologies brings the total number of staff to 33 and creates...
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