Geldards Advise On International Fire Consultants Acquisition
The corporate team at Geldards law firm have successfully advised Kiwa UK on the acquisition of International Fire Consultants (IFC Group).
Kiwa UK is part of the Dutch international TIC (Testing, Inspection, and Certification) and consultancy and training, Kiwa Group, operating globally across diverse markets, including Construction, Water, Energy, Consumer Products, Agrifood, Retail and Manufacturing.
International Fire Consultants (IFC Group), is a specialist fire safety consultancy, delivering advice and expertise to a wide range of professionals across the built environment; and certification business. The IFC Group has 100 employees based in 8 locations across the UK and abroad and has an annual turnover of c.£9.5m.
Kiwa’s acquisition of IFC adds a new service line to its existing suite of services in the UK and Fire Safety already plays a big role in the Kiwa Global identity.
The deal was led by Geldards’ Corporate Finance team. Partner Jenny Chatten supported by Associate Sarah Bailey advised Kiwa UK on all elements of the acquisition. Senior Associate Rachel Mills advised on the employment aspects of the transaction, whilst Commercial Property Partner Hélène Maillet-Vioud and Infrastructure and Construction Partner Chris Hawrylak, provided property and construction advice to help bring the deal to a conclusion.
Commenting on the deal, Jenny said:
“We are delighted to have been able to advise the team at Kiwa UK on their acquisition of IFC group. The synergy of the two companies provides a great opportunity for their growth in the marketplace and Geldards are proud to have played a role in this new chapter of their development”
Paul Brown, Kiwa UK Group CEO said:
“Thank you to Geldards for all the hard work and effort you put into completing the deal. There were a few last minute twists and turns coupled with long hours, but your support, guidance and help is very much appreciated”