North East Business News

Issue 100

Gosforth-based RMT has acquired McCowie & Co for an undisclosed sum in its first acquisition since becoming part of Sumer, the UK’s fastest-growing accountancy group, earlier this year. Founded in 1970 by George McCowie, who still acts as a consultant to the firm today, McCowie & Co has offices in Hexham and Newcastle, and acts for a wide range of agricultural, farming and contracting businesses across the North East, Scotland and North Yorkshire. It has an eight-strong team and is also very active within the creative sector, with film, television and media clients located in the North East, North West and London. McCowie & Co will operate as a subsidiary of RMT, with the same team continuing to service its existing clients, but with the additional benefit of access to the additional resources and expertise that its new owners can offer. RMT’s management team currently has several further regional acquisition…