Angus Grossart

Sir Angus McFarlane McLeod Grossart (6 April 1937 – 13 May 2022) was a Scottish businessman who was the founder, chairman and executive director of Edinburgh-based merchant bank Noble Grossart.

Background Grossart was born in Camlachie, Glasgow on 6 April 1937, one of three sons to Mary and William Grossart. At the time of his birth, his family lived in Carluke, Lanarkshire. He was schooled at The Glasgow Academy. He proudly recalled honing his business skills at a Barrowlands stall selling reject toffee. As a young man, he displayed a talent for golf and was runner-up in the 1957 British youth championships. He studied law at the University of Glasgow and studied for the Scottish Bar in Edinburgh under James MacKay. He then worked in corporate tax law before cofounding the merchant bank Noble Grossart in 1969.

Grossart died from a pulmonary embolism at his residence in Edinburgh, on 13 May 2022, aged 85. At the time of his death he was being treated for cancer.

Career Grossart cofounded the merchant bank Noble Grossart in 1969 with Sir Iain Noble, buying out Noble's share of the business two years later. Noble Grossart provided backing to a number of Scottish businesses and entrepreneurs, including Pict Petroleum, an oil and gas exploration company, the Wood Group, a company proving services to the oil industry, Sir Tom Farmer, founder of the Kwik Fit chain of garages, Sir Brian Souter, founder of the Stagecoach Group of bus and rail operators, Benny Higgins, a banker with the Royal Bank of Scotland, and James Gulliver, founder of Argyll Foods.

Grossart was also vice-chairman of Royal Bank of Scotland from 1982 to 2005 and was appointed chairman of the Scottish Futures Trust in 2000.