Womble Bond Dickinson (WBD) has advised Build to Rent (BTR) developer PLATFORM_ on development and funding arrangements for its 464-home residential project in Edinburgh for SEK 1.5 billion (£124.4 million) by European real estate firm Heimstaden Bostad AB. Situated in the Bonnington regenerat
Deals
The corporate team from Burges Salmon has advised the owners of Bristol-based Power Electrics Generators (PEG) on its sale to Glasgow-based generator specialist DTGen. PEG is widely recognised as one of the most experienced generator sales specialists in the UK. It sells, commissions and installs ge
CMS has advised Nasdaq-listed Bruker Corporation with its purchase of Optimal Industrial Automation and Technologies. Massachusetts-headquartered Bruker's life science research and diagnostics solutions enable scientists to make discoveries and develop new applications that improve the quality of hu
Harper Macleod has advised a Highland timber and building supplies business in its move to an employee ownership trust. A corporate team, led by Chris Kerr and including Peter McLuckie, Ross Thomson and Joanne Finlayson, advised the shareholders of Inverness-based Caley Timber and Building Supplies,
Dentons has advised the shareholders of Axle Group Holdings Ltd (National) on the sale of National to Halfords Group plc for circa £62 million. Halfords is the UK's largest retailer of motoring and cycling products and services.
Morton Fraser has advised on the sale of the largest full-service film studio in Scotland to a US-based real estate investment company. A multi-disciplinary team, including corporate, real estate and banking experts, advised Wardpark Studios, which is home to the hit TV series, Outlander.
Addleshaw Goddard’s corporate team has advised the shareholders of Tulloch Homes on its sale to AIM-listed housebuilder Springfield Properties. The deal will see Tulloch Homes acquired by Springfield Properties for a net consideration of £56.4m.
The Scottish agritech business, Intelligent Growth Solutions Limited (IGS), announced the conclusion of its most recent funding round on Thursday at its COP26 exhibition site. Acting for IGS, Thorntons Solicitors oversaw the Series B £42 million deal, with major investors including COFRA AG (Z
Addleshaw Goddard has over the last 12 months advised Anderson Anderson & Brown (AAB) on two mergers, an acquisition and a significant investment. Today's combination with Leeds-based Sagars follows hot on the heels of a major investment in AAB by August Equity to fast track future growth plans,
Harper Macleod has been appointed to provide legal services to the Orkney-based European Marine Energy Centre (EMEC), the world’s leading test facility for wave and tidal power devices. The firm won a place on EMEC’s new legal services framework following a tender process and the appoint
The energy & natural resources team at Harper Macleod assisted Statkraft UK Limited on its sale of the operational Andershaw wind farm in South Lanarkshire to Greencoat UK Wind with the provision of project-side advice, vendor due diligence and the provision of a certificate of title. The deal
TLT has completed the sale of a 50MW battery storage project in Kintore near Aberdeen to SUSI Storage Development UK on behalf of ILI Energy Storage PLC (ILI), the clean energy development company. The transaction is the fourth battery storage sale TLT has completed for ILI Group in the last year, a
Shepherd and Wedderburn acted for Clydeport Operations Limited (COL) in concluding an option agreement with the sustainable energy company XLCC to construct a facility at Hunterston Port to produce high voltage sub-sea cables for the transmission of renewable energy. If planning permission is approv
CMS has advised Smart Metering Systems Plc (SMS) on its latest equity placing. The transaction involved an accelerated bookbuild process, managed by Cenkos Securities plc, Investec Bank plc and RBC Capital Markets, to raise around £175 million investment through a share placing. SMS is a fully
Gavin Buchan, who heads up Lindsays' banking team, has advised Shot Scope in its latest investment securing £1.5 million in funding from Virgin Money to help the Edinburgh-based company scale globally. Shot Scope has been a client of Lindsays for more than two years.