While the M&A market has faced its challenges, it has largely held up during the last 12 months, with many corporate finance advisers reporting, perhaps unexpectedly so, that they have experienced a strong deals flow throughout the year.
“I really believe we’re just in a 1-2 year window of this going from oil and gas to all energy”, David Currie, group CEO of Proserv, said, “the question for me is: Can Aberdeen come with it?”
Businesses following the recent raft of flagship green support measures, announced to support energy transition in the north east of Scotland, could be forgiven for losing track last month.
Several jobs have been saved at an Aberdeen oil and gas services firm after it was bought out of administration.
Aberdeen is seeing an increase in mergers and acquisitions activity as confidence returns to the offshore energy sector, according to Grant Thornton.
Optimism is growing in Scotland’s oil and gas supply chain after several tough years brought about by low crude prices, a top finance adviser has said.
Scotland is lagging behind the rest of the UK in the number of companies represented on the Alternative Investment Market (AIM) it was claimed at an event yesterday.