KBS Corporate Advises on Sale of GM Instruments Limited
Established in 1992 and taking an elevated position within its niche market, GM Instruments Limited is a highly regarded manufacturer and supplier of a diverse range of ENT (ORL) electronic medical instruments including Nasal Measurement Instrumentation, Screening Audiometers and accessories and Respiratory Flowheads, in addition to calibration and support facilities.
The acquirer, trade buyer health-Care Equipment and Supplied Co Ltd, completed the deal in July 2013 for an undisclosed sum. HCE are recognised as one of the UK’s leading distributors of medical/orthopaedic supplies and equipment pharmaceuticals and the acquisition represents an important strategic milestone for them. Both vendor and buyer shared past business relationship and so ways in which the two companies could be integrated was seen from the offset.
With pans for retirement, our client will continue to run the business throughout a 12 month handover period which will allow for smooth assimilation of customer and supplier contracts. The company in which our client has strived to successfully grow over the past 20 years will have a very optimistic future.