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Scottish Business Briefing - Tuesday December 11

Shetland Catch said a Norwegian shareholder had invested �3m in the business five months

Shetland Catch said a Norwegian shareholder had invested �3m in the business five months

WELCOME to scotsman.com’s Scottish Business Briefing. Every morning we bring you a comprehensive round-up of all news affecting business in Scotland today.

FOOD, DRINK & AGRICULTURE

Irn-Bru sales growth has the City fizzing

THE CITY cheered “superb” sales growth at Irn-Bru maker AG Barr today after the Cumbernauld-based firm again out-stripped the rest of the fizzy drinks market. Barr’s revenues for the 18 weeks to 1 December rose by 9 per cent, with volume up 6.6 per cent year-on-year (Scotsman)

Norwegian firm invests £3m in Shetland Catch

Shetland Catch said a Norwegian shareholder had invested £3m in the business five months after the company was hit by a £1.5m confiscation order over a black fish scam. A significant employer on the eponymous islands, Shetland Catch said Norway Pelagic provided the funding to increase its shareholding in the business from 25% to 50% (Herald).

Read all today’s food, drink and agriculture news from scotsman.com

INDUSTRY

Shift in formation gives Robertson a lift as it targets north of England

ROBERTSON Group, the Elgin-based construction company, yesterday said it was seeing the benefits of a major reshaping of the business as it continues its push further into England. The family-owned building group, one of the North-east’s biggest private companies employing more than 1,000 people, saw turnover increase by 16 per cent to £268.7 million in the year to 30 March (Scotsman).

Read all today’s industry news from scotsman.com

MEDIA & LEISURE

Pool and spa firm wins £4m Center Parcs bid

Swimming pool and luxury spa firm Barr + Wray has secured a £4 million contract to fit out the new Center Parcs resort in Bedfordshire. The Glasgow firm will provide filtration, water treatment and pumping equipment for seven pools plus pipework and controls for flumes, play structures and water features (Herald)

Read all today’s media and leisure news from scotsman.com

TECHNOLOGY

Outplay to add 120 jobs after £2.5m funding

Video game developer Outplay has unveiled plans to create more than 120 jobs over the next three years after securing £2.5 million in funding from Pentech Ventures and the Scottish Investment Bank (Scotsman).

Read all today’s technology news from scotsman.com

TRANSPORT

Airport park ‘to be one of most well connected’

The head of a Highland business park said it would be one of the most well connected commercial sites in Scotland when a railway station opens nearby. Alan Price, chairman of the Inverness Airport Business Park (IABP), said yesterday the area would become a transport hub after Dalcross station opens between 2014 and 2019 (http://www.pressandjournal.co.uk/Article.aspx/3043796|P&J|P&J}).

Read all today’s transport news from scotsman.com

 

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