A well-known Scottish family-run transport firm has been acquired by a significant player in the European food logistics industry. This acquisition signals an expansion of the firm’s footprint and services within the highly competitive UK and European transport sectors. The acquisition involves Langdons, a key player in the UK’s temperature-controlled food transport sector, taking over Long Lane Deliveries, a family-owned business with deep roots in Scotland. The move is part of the STEF Group’s broader strategy to consolidate its position as a European leader in the food supply chain logistics industry. This strategic acquisition not only expands the group’s geographical…
Author: Perthshire Scotland
Scottish hospitality businesses are increasingly calling for a reduction in VAT as they grapple with declining consumer visits and escalating costs. The latest survey from the Scottish Licensed Trade Association (SLTA) reveals that pubs, bars, restaurants, and hotels across Scotland are facing challenging economic conditions, prompting calls for urgent government intervention. Struggling Hospitality Sector The SLTA’s survey, which covers over 400 licensed venues across Scotland, shows that the hospitality sector is currently experiencing a significant drop in footfall. Colin Wilkinson, Managing Director of the SLTA, highlights the concerning trends: “For 62% of outlets, trading is down compared to last year,…
Cala Homes (West) is urging local businesses in the Hamilton area to take advantage of a unique opportunity by participating in its ‘Showhome of Support’ initiative. The deadline for applications is fast approaching, with businesses needing to submit by Sunday, 8th September 2024. As part of Cala’s ongoing commitment to supporting local communities, this initiative will see at least ten local products showcased in one of the three showhomes at the upcoming Cornhill Village development. Through the ‘Showhome of Support’ programme, Cala Homes will partner with independent retailers and creators, giving them a platform to display their products, designs, and…
Maven Capital Partners, one of the UK’s leading private equity firms, has bolstered its investment team in Scotland with the addition of three new hires. This move is aimed at enhancing its focus on deal origination and execution across Scotland, especially in line with the recently launched Investment Fund for Scotland (IFS). Key Hires Strengthening Maven’s Expertise Victoria McLaren and Craig McGill have joined Maven as Investment Managers, bringing significant expertise to the firm’s operations in Scotland. Their roles will involve spearheading deal sourcing and managing investments, particularly within the IFS Fund, which focuses on driving growth for smaller businesses…