Global source of industrial gas news, views, and debate, gasworld has been sold by John and Karen Raquet to the senior management team in an MBO, backed by Mobeus Equity Partners.

gasworld was founded in 2003 by John Raquet, who set out to provide more transparency in the technical world of industrial gases, through the introduction of information channels that did not really exist. 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.

Mobeus is an investor that provides £2m to £15m to entrepreneurial, fast-growth, UK SMEs across all sectors.

Jim Keeling and Harry Knight, and others from the team at Corbett Keeling, advised John and Karen Raquet on the sale of gasworld to its management team. CCD Partners introduced Jim and Harry to John and Karen and provided other support for the project from our network of specialty chemicals advisors.

John Raquet, Founder and former Chairman of gasworld, commented:

“We wanted to create a global community for our industry and believe that we have achieved this over the (almost) 20 years. It would be right to comment that we have travelled around the world – to all continents – providing platforms for debate, learning and networking. More importantly we want to thank all our staff for their commitment and dedication to produce quality information and services for the global industrial gases community to benefit from. The company remains in good hands with a combination of experience and ambition to take gasworld on to even greater success.”  

Martyn Hammond, New CEO of gasworld, commented:

“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.”

Jim Keeling, Chairman and CEO of Corbett Keeling, commented:

“We are delighted to have advised John and Karen on the sale of gasworld to their talented management team. Many congratulations to all!”

Richard Babington, Partner at Mobeus Equity Partners, commented:

“We are delighted to have completed Mobeus V’s latest investment into GWGI to acquire gasworld. The business’s talented team has plans to further diversify the business’ service offering and continue the rapid growth trajectory of its leading, sustainability focused, H2 View brand. We look forward to working alongside the team in executing their exciting strategy.”