To ask the Scottish Government how many foreign direct investment (FDI) projects in Scotland in each of the last 10 years have been mergers and acquisitions of Scottish-headquartered businesses.
The Scottish Government uses a variety of sources to measure Scotland’s inward investment performance, including data from Scottish Enterprise and independent analysis published annually in the EY UK Attractiveness Survey for Scotland. Mergers and Acquisitions (M&A) is not a classification that the Scottish Government or Scottish Enterprise use when measuring the performance of inward investment projects into Scotland. Scottish Enterprise classifies projects as new, expansion and safeguarding projects and as such, does not collect information on M&A activity. The UK Government’s Department for Business and Trade (DBT) provides estimates for M&A activity in Scotland based on their own internal definitions, classifications and methodology.
Scotland continues to attract new high quality investment projects, according to the latest EY survey published in June 2025. Scotland has maintained its position as the top performing region or nation of the UK for foreign direct investment (FDI) projects outside of London, for a record tenth year and is the sixth best performing region in Europe.