April 2024
Geosense Limited
Adviser to Geosense Limited on their sale to Indutrade AB
£undisclosed
Grant Thornton team
Industrials
Sell side
Corporate finance
Sweden
Flag of the United Kingdom

We are delighted to have advised Geosense Limited on their sale to Indutrade AB

Geosense Ltd is a leading manufacturer of geotechnical instrumentation for use in civil engineering, mining and environmental industries. 

The product offering consists of instruments and sensors that measure tilt, pressure, load, displacement and temperature, along with automated data acquisition systems to complement its sensors. The Company’s products are all manufactured in its Bury St Edmunds facility and are used globally in major infrastructure projects in more than 80 countries and across a broad range of sectors. 

Indutrade is a Swedish listed industrials focused buy-and-hold acquirer, with a de-centralised operating model for its 200+ group companies. 

Our team has been working closely with the shareholders since 2021 to develop a transaction strategy. Critical to the owners, was finding the right home where the business and management team could continue to grow independently, but with the support of a broader group. 

We ran a competitive global auction process, drawing buyers to the unique and niche capabilities and IP of the business, as well as its strong track record of growth and profitability. 

We received numerous offers from UK and overseas acquirers, with the shareholders choosing the party which they felt provided the optimal home for the business to thrive.

Management are thoroughly excited to be joining the Indutrade stable and benefiting from collaboration with leading manufacturing and technology providers within the group.

Grant Thornton’s knowledge of the market allowed them to introduce us to potential buyers who held the same Geosense vision and values that we wanted to preserve moving forward. Throughout the transaction, we received great support and guidance from all members of the team to ensure the requirements of all parties were met in the fastest and most efficient way possible. Every step of the process was carried out with genuine care, diligence, and consideration, ensuring we felt we were in very safe hands. The expertise provided by Grant Thornton was key in navigating a smooth transition of ownership, and we can’t thank Ned and his team enough.
Martin Clegg Co-founder of Geosense Limited