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Firms to secure growth support

Seven rising Scottish stars join LSE’s elite programme

Neil Logan

Neil Logan, CEO of Incremental Group, one of the seven new companies


Seven Scottish companies have joined Elite, the London Stock Exchange Group’s international business support and capital raising initiative.

Elite Scotland is the first initiative of its kind for Elite in the UK. It builds up on the existing strong contingent of Scottish companies in the global Elite community, including M Squared Lasers, Skyscanner and BrewDog.

Elite Scotland is being launched in collaboration with Scottish Enterprise and Highlands and Islands Enterprise to support the growth of Scotland’s most ambitious companies. They become part of the global community of more than 1,000 companies and 400 advisers and investors.

To celebrate the launch David Schwimmer, CEO, LSEG, Luca Peyrano, CEO of Elite and Nicola Sturgeon, First Minister of Scotland, welcomed the seven Scottish company CEOs to open trading in London yesterday.



Scottish companies will benefit from the core Elite offering to help companies reach their next stage of growth via education, business support and mentoring, networking, access to the community of Scottish and global investors, as well as Elite’s own funding platform.

Elite Scotland will feature tailored events, training and a mentorship network in Scotland.

Ms Stugeon said: “I’m very pleased there is now a dedicated Scottish programme – ELITE Scotland – bringing together investors, public sector agencies and some of Scotland’s best and most ambitious companies.

“My warm congratulations to the initial cohort of companies that have signed up, and I’m sure many more in the future shall benefit from this fantastic initiative.” 

New ELITE Scotland companies:

Company Sector Description Location
CCL Logistics Transport & Logistics Providing a comprehensive choice of logistics services and tailored technology solutions. Delivering everything from mail, parcels, pallets and containers for over 3,000 businesses. Troon
Cutitronics Technology A multi-award winning technology company strategically white-labelling its patented platforms and devices for global premium skincare brands, designed to expand brand omnichannel engagement. East Kilbride
Encompass Technology The creator of know your customer (KYC) automation for major financial and professional service firms globally, providing robotic search of structured and unstructured information to automate KYC. Glasgow
Glencairn Crystal Consumer Goods An expert in the design and creation of premium crystal glassware. Supported by its people and expertise Glencairn works to deliver the highest quality products and industry leading innovation. East Killbride
Incremental Group Technology One of the UK’s leading implementation and support Partners for Microsoft Dynamics. Operating in sectors including Energy, Manufacturing, Government and Not for Profit. Glasgow
Ocean Kinetics Industrial Goods & Services Successful engineering company, providing complete engineering services for the Ports and Utilities; Renewables including Marine; Oil and Gas; Aquaculture and Marine sectors. Shetland Islands
Systal Technology A dynamic and innovative technology services integrator providing end to end technology services from UK based purpose build secure operating centre. Glasgow

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