Wed, 17 Sep 2014 | BUSINESS NEWS
M&A activity in Scotland will be severely dampened, leading to businesses selling for lower values if the country declares independence, according to a leading M&A expert.
Kevin Uphill, Managing director of Avondale, says that Scotland will be regarded as an ‘uncertain landscape’, and buyers are likely to become very wary about investing in companies.
“If Scotland does choose to be independent I believe we will begin to see the long term effects of this becoming apparent within the next four to five years. As an independent country, Scotland will seem less appealing in the global marketplace. This will be financially damaging to Scottish businesses looking to sell as it forces competition down. As well as this, those looking to buy companies will begin to look at other European markets with a stronger currency.”
“The UK is currently in state of growth following its largest deficit in 70 years. Whilst this rapid recovery has a clear and obvious impact on increased M&A activity, a Yes vote in the Scottish Referendum could have a drastic effect on both the amount of activity taking place and the value of the businesses being sold.”
According to Uphill, Scotland remaining part of the UK would be the best outcome as it means that its M&A activity would continue to grow as part of the Union’s recovering economy, and that business sale values would be stronger.
For sale is a long-established tree surgery and arboricultural services business with an excellent reputation, serving both domestic and commercial sectors across Southern England, including the Home Counties and London.
An opportunity has arisen to acquire a mechanical engineering company specialising in the Water Industry. Benefitting from over 3 decades of trading, this business has built a solid and long standing client base comprised of prominent UK utility comp...
An opportunity has arisen to acquire a reputable IT support and development services provider with a UK-wide client base and a proven record for innovation and resilience in the constantly evolving IT sector. Throughout its 25+ year trading history,...
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.