Acquisition: Wilmington plc
Wilmington plc (Wilmington), the provider of data, information, education and training services in the global Governance, Risk and Compliance (GRC) markets, has acquired Phoenix Health & Safety (Phoenix) for an initial cash consideration of £30.25 million. Further consideration is payable based on Phoenix’s financial performance over the next three years.
Phoenix Health & Safety offers training for a range of internationally recognised and regulated Health, Safety and Environmental (HSE) qualifications. The acquisition strengthens Wilmington's capabilities in the provision of must-have training and education to regulated customers and expands the Group's position in the growing HSE training market, alongside Astutis, which was acquired in November 2023.
The acquisition is consistent with Wilmington's strategic aim to build on its already strong presence in large and growing GRC markets.
