Scottish Business Briefing - Wednesday 30 May, 2012

Food wholesaler Booker Group have acquired rival Makro UK
Food wholesaler Booker Group have acquired rival Makro UK
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WELCOME to’s Scottish Business Briefing. Every morning we bring you a comprehensive round-up of all news affecting business in Scotland today.


Germans’ £9m Scottish laser research centre in Glasgow

THE German technology outfit that invented the MP3 digital music file will today unveil plans to open a British base at Strathclyde University and commit itself to creating 80 jobs in Glasgow (Scotsman).

Iomart on cloud nine as it eyes fresh acquisitions in next year

Website hosting firm Iomart expects to complete up to four acquisitions over the coming year as it continues to benefit from growing demand for “cloud” computing services (Scotsman).

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Blueprint for oil and gas sector growth hailed

A blueprint for new Scottish oil and gas sector jobs and growth was welcomed by industry leaders in Aberdeen yesterday (P&J).

Sparrows hoists headcount as it plans to hire 65 more staff to drive growth

OFFSHORE crane specialist Sparrows was today poised to outline measures to recruit a further 65 staff, taking its headcount towards 1,700 workers, as it targets emerging markets in Brazil, the Middle East and West Africa (Scotsman).

Shares in oil firm Ithaca take plunge

Shares in North Sea oil firm Ithaca Energy slumped more than 30% yesterday after it said talks with potential buyers had ended without any deal (P&J).

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Booker Group to buy rival Makro in a deal worth £139.7m

Food wholesaler Booker Group is buying rival Makro UK in a combined share issue and cash deal worth a total of £139.7m (BBC).

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