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Warren Buffett's Company Takes Over Scottish Carpet Manufacturer

Needhelp

Needhelp

Active Member
If the investment is not coming from Scottish sources then companies looking to expand are vulnerable to takeovers by cash rich competitors businesses overseas. The fall in sterling since the Brexit vote (even after a recent partial recovery) adds further firepower to overseas predators.
 
C

clarkanna56

New Member
The acquisition of Sanquhar Tile Services by one of Warren Buffett's subsidiary companies, Shaw Industries, marks a significant development in the Scottish business landscape. Shaw Industries, with its substantial annual revenues of nearly $6 billion, brings considerable resources and expertise to the table, which could potentially fuel growth and innovation within Sanquhar Tile Services.
 
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