Scotland’s largest shopping center for sale Achi-News

The million square foot shopping center is being offered for sale by administrators from Interpath Advisory.

The South Lanarkshire town center site is extensive (Image: Savills) Savills said the centre, which describes itself as “Scotland’s largest undercover shopping and leisure destination”, has been “stabilised” after going into administration in 2022. The center comprises the Plaza, Olympia, Princes Mall and Princes Square, and it is his home. to a diverse mix of retail and leisure operators, anchored by major tenants such as Primark, JD Sports, and Odeon Luxe.

Read Ian McConnell’s story here

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Historic golf hotel becomes ‘unofficial club’ for university students

An iconic hotel in St Andrews is set to become the “unofficial clubhouse” for the town’s university golf programme.

Saints Golf performance scholars representing the university (Image: Contributed) Overlooking the 18th hole of the Old Course, Rusacks St Andrews has become an official partner of Saints Golf which is home to more than 350 members of the University of St Andrews. From this academic year the hotel will provide a place for members to gather, and a venue to host visiting teams and events.

Saints Golf provides opportunities for beginners with its partners, St Andrews Links Trust, through to support for elite golfers. The program’s golf scholarships give players the support they need to elevate their game while pursuing academic studies.

Read Kristy Dorsey’s story here

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Family sells historic Scottish company linked to famous lighthouse and Washington DC

A Scottish family company with links to the building of Capitol Hill in Washington DC in 1825 has been sold to its employees.

Bell Rock Lighthouse, off Angus (Image: API/Gamma-Rapho via Getty Images) The family has links to historic buildings around the world including one of the world’s most famous lighthouses.

Robert P Slight & Sons Limited, based in Wallyford, has been sold to an employee ownership trust, which will hold the shares on behalf of the company’s 40 staff. The company has been trading since 1948 and until the sale was owned by Douglas Slight, the third generation of the Slight family to run the business.

Read Brian Donnelly’s story here

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Indian giant acquires Motherwell company in deal worth £42m

Motherwell-based customer service specialist Ascensos has been acquired by an Indian business processing giant in a deal that values ​​the company at £42 million.

John Devlin (Photo: Chris Watt Photography) The Scottish firm, whose clients include Aldi, John Lewis, and Wickes, has been taken over by Mumbai-based Firstsource, part of the RP-Sanjiv Goenka Group, nine years after it was founded by John Devlin, Dermot Jenkinson and Katrine. Young in 2015. The trio built and sold their former call center company BeCogent to Teleperformance of France for £35 million in 2010.

Read Scott Wright’s story here

Ascensos employs 3,000 people with offices in the UK, Romania, Turkey, Trinidad and South Africa, and over £64.1 million in 2023.

A statement said Mr Devlin will continue to lead Ascensos as a separate business unit within Firstsource, retaining its brand and Scottish headquarters in Motherwell “while leveraging the combined company’s technological capabilities and specialist workforce to better serve the retail industry”. .