The intellectual property (IP) behind one of the world class providers to the oil and gas industry is being brought to the market by Metis Partners, the award-winning commercial intellectual property consulting firm.
SGL Systems International made a global name for itself in the intensely-competitive field of high integrity heating, ventilation and air conditioning (HVAC). It was established in Scotland in 1984, as the North Sea boom was at its height, and built an impressive track record of assignments across the world, stretching from Azerbaijan and Turkmenistan to Australia and Dubai.
The company positioned itself uniquely in a niche market by specialising in providing high-quality products and solutions, such as fire dampers, air handling/conditioning units and turnkey solutions, certified for use in hazardous and explosive atmospheres. The organisational knowledge relating to this field is greatly sought after.
The IP of SGL Systems is being sold on the instruction of Matthew Henderson and Donald McNaught of Johnston Carmichael, who have appointed Metis Partners to support the marketing and sale.
The sale reinforces Metis Partners’ expertise and reputation in specialised and technical IP asset sales, which includes the successful marketing of the IP assets of Secure Electrans, Philidas, and Abesco.
Nat Baldwin of Metis Partners, who is co-ordinating the global marketing drive for the SGL Systems assets, said: “SGL Systems was a recognised expert in its field and there has already been intense interest from players in the sector who are keen to have access to the company’s designs and organisational knowledge around certifications and accreditations achieved.”
The sale is expected to be of particular interest to oil and gas equipment and system providers, HVAC manufacturers and suppliers, parties operating in the energy management and automation and consumer electronics spaces.
Assets in the SGL Systems sale include project files, product designs with key significance around the company’s certifications and accreditations, as well as product-related unregistered trade marks. The company’s products were compliant with international codes and standards, including international classification society and hazardous area application certifications such as DNV, ATEX, and IECEx. This is a great opportunity for a purchaser to acquire organisational knowledge which would assist them in achieving compliance with industry-leading standards and requirements.
All offers should be submitted directly to Metis Partners by noon on Thursday, June 16, 2016.