National law firm Freeths has advised explosion safety specialist Ex Veritas Limited on its strategic sale to NMI Group.
ExVeritas provides product certification, management system certification, CompEx certification and site safety services.
NMi Group, advised by Roxburgh Milkins, is a leader in mission-critical product Testing, Inspection, Certification and Calibration (TICC) services.
This transaction will help ExVeritas scale its operations more effectively, focussing on the business’s continued growth strategy.
For NMi, this marks a significant advancement in its strategy to enhance service offerings and expand its geographical footprint. The Netherlands based group are internationally recognised for mission-critical testing, inspection, certification and calibration services.
This collaboration, supported by the Bristol-based legal teams, will enhance the ability to deliver expanded services and meet the complex safety standards of clients in the energy and utilities, food and agriculture and industrial and manufacturing sectors.
The Freeths team was led by corporate managing associate Edward Chapman. He was supported by a multi-disciplinary team including Head of Corporate Leon Arnold and corporate associates Ben Treasure, Kate Cooksey and trainee Pippa Johnson; employment partner Laura Tracey and senior associate Sarah Bogues; tax partner Claire Boyce and trainee Dhruv Shah in Tax; the real estate team consisted of managing associate Emilie Criddle, and trainee Tom Roberts.
Commenting on the deal, Edward Chapman said: “It was a real pleasure to work with Sean and Stephen on this transaction. The addition of Ex Veritas to the NMi Group marks a significant step forward in enhancing global safety standards in hazardous environments. All parties worked collaboratively to a tight timescale, and I wish continued success to Ex Veritas and the wider NMi Group.”
Sean Clarke, Managing Director of ExVeritas continued: “We engaged Freeths to act for us on the sale of our business with very tight deadlines of just six weeks. We worked with Edward, Leon and Ben who were all excellent, the entire team were easy to work with and walked us through the process. I have no hesitation in recommending Freeths, they are knowledgeable, professional and very approachable, they managed the entire process and delivered what we needed on time and in budget.”
The legal team for NMi was led by corporate director Richard Hopkins assisted by solicitor Ben Edwards of Roxburgh Milkins who have a longstanding relationship with the client.
Richard Hopkins added: “As a Bristol-based firm, we enjoy working alongside other firms in the region, but this is a great example of how our South West professional community can support clients globally in achieving their goals and growth targets. We’ve worked with NMi on a number of previous deals and look forward to seeing the successful integration of ExVeritas.”