THE SCOTTISH Gallery in Edinburgh, which traces its roots back to 1842, is to be acquired by an employee ownership trust next month.

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Shareholders including director Guy Peploe, who has served the commercial art gallery for 35 years, agreed to sell to the trust. Mr Peploe said: “I look forward to many more years of involvement in a future-proof structure that should see The Scottish Gallery past its bicentenary.”

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He credited chairman Will Whitehorn as the “architect” of the deal. Mr Whitehorn also chairs the Scottish Event Campus (SEC) in Glasgow and is deputy chairman of transport group Stagecoach.