Acquisition of Ichron Limited by RPS Group Plc

BDO.LiveSite.Deals.DealTypeTransaction Services

We advised RPS Group Plc through its subsidiary RPS Energy Limited on the acquisition of Ichron Limited. RPS Group Plc is listed on the London Stock Exchange and a member of FTSE250. The Group is a specialist Global consultancy in both the Built and Natural Environment (BNE) and in Energy. The target Ichron Limited is based in Northwich Cheshire and is a specialist UK based consultancy providing geological and training services to the international oil and gas sector. Founded in 1995, Ichron has its offices and a geological sample preparation and analysis laboratory in the UK. The company works primarily on projects in Europe, Africa and the Middle East. Its specialist services include reservoir geology, biostratigraphy and chemical stratigraphy. Ichron provides RPS with further capability in the Group’s established and growing oil and gas consultancy markets. We have assisted the Group with over 70 acquisitions worldwide in both BNE and Energy divisions, providing acquisition advice, deal project management, and financial and tax due diligence.