We are delighted to have advised Geosense Limited on their sale to Indutrade AB
Geosense Ltd is a leading manufacturer of geotechnical instrumentation for use in civil engineering, mining and environmental industries.
The product offering consists of instruments and sensors that measure tilt, pressure, load, displacement and temperature, along with automated data acquisition systems to complement its sensors. The Company’s products are all manufactured in its Bury St Edmunds facility and are used globally in major infrastructure projects in more than 80 countries and across a broad range of sectors.
Indutrade is a Swedish listed industrials focused buy-and-hold acquirer, with a de-centralised operating model for its 200+ group companies.
Our team has been working closely with the shareholders since 2021 to develop a transaction strategy. Critical to the owners, was finding the right home where the business and management team could continue to grow independently, but with the support of a broader group.
We ran a competitive global auction process, drawing buyers to the unique and niche capabilities and IP of the business, as well as its strong track record of growth and profitability.
We received numerous offers from UK and overseas acquirers, with the shareholders choosing the party which they felt provided the optimal home for the business to thrive.
Management are thoroughly excited to be joining the Indutrade stable and benefiting from collaboration with leading manufacturing and technology providers within the group.