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gasworld-undergoes-a-management-buyout
gasworld-undergoes-a-management-buyout

gasworld undergoes a management buyout

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The Board of gasworld is delighted to announce today that the senior management team of the company, together with the support of Private Equity Firm – Mobeus Equity Partners– has agreed to take over the company from Founder and, former Chairman John Raquet and his director wife, Karen.

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 said, “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”.

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