Southampton: Moore Blatch advises management team of Vikoma International in its acquisition by Agathos

The specialist takeovers, mergers and acquisitions team of law firm Moore Blatch  has successfully advised on the acquisition of 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, managing director of 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, based in Southampton, was led by Moore Blatch partner and solicitor Jeremy Over. He 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.”

Moore Blatch, which has offices in Richmond, Lymington and the City of London, as well as Southampton, is one of the largest law firms in the South of England with major strengths in management buyouts, family and divorce, tax, wills and trusts, corporate and commercial, property, dispute resolution, personal injury, clinical negligence and private client.