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Thames Valley-based company acquired by International Group

08:23 22 August in Berkshire, News, Oxfordshire

A company specialising in interior fit-out and refurbishment for the science and technology sector has been acquired by an international group.

Founded in 2005, Oxford and Reading-based Bulb Interiors provides research, innovation and manufacturing facility planning and construction services. It has developed niche expertise through the use of its own scientists to enhance the design and fit out of high-tech laboratories for its clients.

Unispace Group, a global workplace strategy, design, project management and construction business, has a particularly strong reputation within the pharmaceutical and life sciences sectors. It is set to strengthen its service offering and specialisation within the UK and Ireland markets through its acquisition of Bulb.

Acting on behalf of Bulb’s shareholders and managing directors Derek Jones and Paul Horsburgh, Thrings’ corporate lawyers, led by partner Simon Hore and supported by associate solicitor Joe Watkins and Trainee Solicitor Noah Ofulue, advised on all matters of the sale of shares. This included carrying out due diligence on the deal and share purchase agreement, while corporate financial advice for the sale was provided by Entrepreneurs Hub.

Bulb Interiors Managing Directors Derek Jones and Paul Horsburgh said: “We are delighted with how positive this sale process has been and want to thank Thrings, in particular Simon and his team, for their tireless work to get this over the line. Having not experienced such a sale process, it was difficult to know what to expect, however, we felt well supported and advised throughout. We are excited to join a fast-growing, global business such as Unispace Life Sciences; our joined-up team of experts will be able to offer clients a much wider range of capabilities and services. We look forward to beginning our new journey and continuing to deliver inspiring, sustainable, work environments that address the challenges today’s life sciences businesses are facing.”

Thames Valley Chamber of Commerce CEO, Paul Britton, commented: “Thames Valley-based companies possess the qualities which attract global investors; this acquisition reaffirms that. We are delighted to see continued interest in the Thames Valley at an international level which further showcases our region as a world-leading investment location.”

 

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