Moore Kingston Smith advises Gibb Group, part of Clarkson PLC, on Trauma Resus acquisition

26 February 2024 / Insight posted in Article

Moore Kingston Smith has advised Gibb Group, a subsidiary of Clarksons Port Services that is part of the FTSE 250 Clarkson PLC, the world’s largest shipping services group founded in 1852, on the acquisition of Trauma & Resuscitation Services Ltd (Trauma Resus).

Gibb Group has a strong presence in the oil and gas, marine and renewable energy sectors and it is one of the UK’s leading manufacturers and suppliers of personal protective equipment (PPE) and maintenance, repair and operational equipment products.

With this addition to its portfolio, Gibb Group strengthens its safety and survival offering.

Trauma Resus is the UK’s leading provider of advanced first aid and trauma training. Founded in 2005 by a group of healthcare professionals, the company has offices in Warrington, Cheshire (UK) and Valley Stream, New York (USA). Their EURIECA® programme is recognised as the global standard for advanced first aid for the offshore wind sectors.

Through the acquisition, Trauma Resus’ clients, operating in the energy, transportation, logistics, emergency response and healthcare sectors, will benefit from access to Gibb Group’s extensive product range and sector expertise.

Moore Kingston Smith was selected by Gibb Group for their integrated and multidisciplinary approach to due diligence. The team, led by specialist in transaction services Mike Orton, Corporate Finance Partner and Mark Fielden, Tax Partner, and supported by Adele Hebditch, Amy Tilley and Matt Edwards, provided financial and taxation due diligence services and sale and purchase agreement advisory.

David Rumsey, Managing Director, Clarksons Port Services, comments: “We have been impressed with the level of expertise and financial knowledge that Moore Kingston Smith has provided us with through this acquisition process. Their hands-on approach and the fact that Moore Kingston Smith provides the whole range of financial services all under one roof, have been beneficial. Bringing Trauma Resus to Gibb Group enhances our offering to provide customers with a comprehensive spectrum of offshore safety services and products. Leading PPE coupled with robust sector-specific first aid training will ensure our customers can work more safely, confidently and responsibly.”

Mike Orton, Corporate Finance Partner, Moore Kingston Smith, explains: “This has been a rewarding and exciting project. To bring together Gibb Group and Trauma Resus shows how we can facilitate smoothly and fast this type of transaction in such a vital and dynamic sector. It’s been a pleasure to advise Gibb Group in this acquisition as part of a wider group strategy of its parent FTSE 250 Clarkson PLC.”

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