The senior management team, via GW Global Insights Ltd (GWGI), acquired the full equity of gasworld.com Ltd, details of the transaction remain undisclosed. Led by Martyn Hammond – the management team has steered gasworld to continued success over the past five years, driving growth of the “gasworld” brand, globally, as well as recently introducing H2 View to address the new and important energy transition role that hydrogen will make.
Commenting on the transaction – new CEO Martyn Hammond stated, “It is fitting that on the eve of the 20th anniversary of the gasworld brand, we’re renewing our commitment to high-quality content, business intelligence and our longstanding partnership with the industry and its stakeholders, all around the world. We’re passionate about the industry and keeping our readers and supporters at the heart of everything we do.”
The company, founded in 2003 by John Raquet, set about to provide more transparency in the technical world of industrial gases, through the introduction of information channels that did not really exist. “We wanted to create a global community for our industry and believe that we have achieved this over the (almost) 20 years”. He went on to say, “It would be right to comment that we have travelled around the world – to all Continents – providing platforms for debate, learning and networking.”
Both Karen and John would like to thank many companies for their support over the years in which many friends have been made. “More importantly we want to thank all our staff for their commitment and dedication to produce quality information and services for the global industrial gases community to benefit from. The company remains in good hands with a combination of experience and ambition to take gasworld on to even greater success.”
Richard Babington, a partner in Mobeus added “We are delighted to have completed Mobeus V’s latest investment into GWGI to acquire gasworld. The business’s talented team has plans to further diversify the business’ service offering and continue the rapid growth trajectory of its leading, sustainability focused, H2 View brand. We look forward to working alongside the team in executing their exciting strategy.”
gasworld.com Ltd is a media and events company focused on both the worldwide industrial gases business as well as the new and fast developing Hydrogen Economy and Energy Transition Business. The company publishes business magazines, organises events and provides market information through its printed and digital business intelligence platforms to a worldwide $100 Bn sector.
We are a team of experienced investors with a 20-year track record, providing up to £20 million of funding to UK SMEs across all sectors. We partner with talented and determined management teams at companies with strong growth potential www.mobeus.co.uk