Engagement
Metis Partners was appointed by Portland Business Recovery to sell the IP assets of Toximet.
Company
Toximet was an accredited and award-winning food safety company, utilizing its proprietary technology to test food for toxins in the global food supply chain. Toximet attracted over £4m of investment in its technology and worked with a number of high-profile companies such as Tilda Rice, Sainsbury’s and Suhana Spice.
IP Assets Sold
- International patent portfolio
- Extensive trade mark portfolio
- Registered designs
- Brand & reputation
- Website content & domains
- Key organizational knowledge
Highlight of this IP Sale
First step was to preserve IP value, and we provided strategic advice to the Advisors on renewal priorities, whilst keeping costs to a minimum. Our targeted database of more than 700 companies operating in food technology sector included companies throughout the supply chain – we build our databases by considering different ways the IP could be integrated into a business model. The ultimate purchaser recognized that this IP bundle was a strategic bolt-on to their existing service offering.
