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Insider UK
Insider UK
National
Peter A Walker

Aberdeen business networking group changes hands

An Aberdeen-based business networking organisation - with more than 7,000 online members and a multi-million pound track record in facilitating deals - has a new owner.

Entrepreneur Leigh Reid has quit her job in the energy sector and acquired Aberdeen Business Network (ABN) from director Andrew Smith, who launched the company in 2008.

ABN has six different networking services which help local companies build relationships and pursue their growth ambitions. It’s estimated that in the past six years alone clients have secured deals worth more than £25m.

The company also runs 16 face-to-face networking events each year and has more than 7,000 members on its online networking service, ABN Community. In addition, it offers networking services and networking training.

Reid has a career spanning 18 years in business development, sales, recruitment and logistics. ABN has been part of her growth strategy with firms she has worked for since she joined the networking organisation in January 2019.

She said: “The opportunity to own and run ABN is simply too good to ignore – I had to go for it.

“I’ve had lots of support and encouragement from family and friends. It is a challenge but one I’m very much looking forward to taking on.

“I really enjoy networking and seeing people grow their business - there are huge opportunities at ABN.”

Smith said: “I’m thrilled someone with Leigh’s energy and enthusiasm for ABN and networking is going to take the business on the next stage of its journey.

“We had a great deal of interest from people looking to acquire the business, but I’m pleased that it’s Leigh.”

Smith explained that he is taking a short break over the festive period, before considering a number of business opportunities.

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