Larking Gowen is pleased to announce its role as sell-side advisor to Dynamic Fluid Solutions Limited (DFS) in its successful acquisition by Vestum AB (publ), a Swedish-based group specialising in infrastructure services and products.
DFS, headquartered in Suffolk, is a leading UK supplier of industrial pump and pipework systems, primarily serving the water and wastewater sectors. DFS will now form part of Vestum’s Flow Technology segment.
With a strong reputation for bespoke pumping solutions and a high proportion of recurring rental revenue, DFS has become a trusted partner across a wide range of industries requiring water movement solutions.
The acquisition marks a strategic expansion for Vestum into the UK market, positioning the group to benefit from significant upcoming infrastructure investments, including the UK’s AMP8 water investment programme and the development of Sizewell C nuclear power station.
Larking Gowen prepared the confidential sales documentation, financial model and acted as lead advisor on negotiations as well as supporting throughout the due diligence process.
“We are delighted to have advised the shareholders of DFS on this landmark transaction” said Jack Minns, Corporate Transactions Partner at Larking Gowen “The deal reflects the strength of DFS’s market position and the strategic value it brings to Vestum’s Flow Technology segment. It has been a pleasure working with the team at DFS and we wish them continued success as part of the Vestum group.”
Larking Gowen worked closely with Prettys Solicitors, based in Ipswich, who provided legal advisory services to the shareholders of DFS throughout the transaction.
“It was a pleasure to work alongside Larking Gowen on this transaction, supporting the shareholders of DFS through the legal aspects of the sale” remarked Daniel Bilson, a Partner at Prettys Solicitors “The collaborative approach between our teams ensured a smooth and efficient process, and we’re delighted to have played a part in helping DFS take this exciting next step.”
Ben Buckmaster and Luke Steward from Dynamic Fluid Solutions Limited added, “We’d like to express our sincere thanks to the Prettys team, led by Dan, and Larking Gowen’s Corporate Finance team, led by Jack, for their outstanding support throughout the sale of our business. Both teams were not only highly professional and knowledgeable, but also a real pleasure to work with.
They guided us through the process with clarity and calm, while helping to build a positive and constructive relationship with the buyer. The teams dovetailed extremely well, working seamlessly together to make the transaction as smooth and efficient as possible. Their dedication, responsiveness, and commitment to achieving the best outcome for us were evident throughout.
We would absolutely work with them again in the future, and couldn’t recommend them more highly to any business going through the sale process.”
This deal underscores Larking Gowen’s continued commitment to supporting ambitious businesses in the industrial and infrastructure sectors, delivering expert advisory services across the full lifecycle of corporate transactions.