Bussiness
Engineers Taylor and Fraser taken over by Irish rival
Hello and welcome to our daily digest of business, financial and economic news from around Scotland.
Suir Engineering acquired Taylor and Fraser for an undisclosed sum
1. A long-established family run engineering and construction firm has been taken over by an Irish rival.
Taylor and Fraser, founded in 1906 and with its headquarters in Paisley, has been acquired by Suir Engineering for an undisclosed sum.
All 180 staff are being retained and the Taylor and Fraser name will also continue.
John Kelly, the Suir chief executive, said: “The team brings with it a wealth of mechanical and electrical engineering expertise, and an outstanding legacy built over three generations of this highly regarded family business.”
Halifax’s December price index found that the average house price in Scotland was £209,959
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2. Scottish house prices increased by 2.4 per cent in 2024, according to Halifax.
The lender said the average price across
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