Moore Blatch advises the management team of Isle of Wight based Vikoma International in its acquisition by Agathos
28th July 2015
Moore Blatch’s specialist takeovers, mergers and acquisitions team, based in Southampton, has successfully advised on the acquisition of Isle of White based Vikoma International, one of the world’s leading providers of technology to clean up oil and chemical spills to investment specialists Agathos.
Vikoma International is based on the Isle of Wight and was founded by BP in 1967 after a major oil spill. The company is a world leader in the design and manufacture of oil and chemical pollution control systems.
Agathos is a London-based investment firm focused on investing in UK SMEs across a wide range of sectors. The Agathos team will provide financial, strategic and operational support to the Vikoma management team, which already has 90 years of collective industry experience under its belt.
Karen Lucas, MD, Vikoma International said: “This is a highly successful outcome for our company. Moore Blatch was able to pull together all the necessary experts at very short notice, enabling an acquisition that met the needs of all concerned.”
The Moore Blatch transaction team was led by Moore Blatch Partner and Solicitor Jeremy Over.
Jeremy Over, partner at Moore Blatch, said; “In a global industry, Vikoma provides world class solutions, and this deal ensures that they have the resources to continue to grow and expand their products and services.”