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.
This unique and renowned freehold bar and restaurant in the heart of York City Centre offers over 250 covers across its spacious interior, pavement seating, and a rare rooftop terrace.
FREEHOLD
A well established and strongly profitable engineering business, located in the Midlands. The company will be an attractive acquisition for both a larger trade buyer and also those looking for a stable engineering business.
This European pharmacy manufacturer specialises in providing custom clinical trial batches for leading pharmacy companies across the continent, playing a crucial role in their R&D efforts.
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.