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Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

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Intellectual property firm Murgitroyd acquires Irish firm

Intellectual property

Murgitroyd has acquired patent and trademark attorney specialist Hanna Moore + Curley, which specialises in intellectual property protection

Intellectual property firm Murgitroyd has strengthened its presence in Europe and the Far East with the acquisition of a business in Ireland.

The Glasgow-based firm has acquired Dublin patent and trademark attorney specialist Hanna Moore + Curley, which specialises in intellectual property protection for life sciences, electronic and technology-led companies.

With Hanna Moore + Curley enjoying a strong presence in China, Murgitroyd said the deal would expand its reach in the Far East. And the Scottish firm noted that the acquisition brings to it specialist technical expertise and extends its presence in Europe, where it provides services through existing offices in Germany, Italy, France and Switzerland, as well as Ireland and the UK.

All 25 of the people employed by HMC will join Murgitroyd, with the Irish offices of the two businesses set to be consolidated. Murgitroyd, which has more than 320 staff across offices around the world, pledged to invest to further grow the Irish operation.

Gordon Stark, chief executive of Murgitroyd, said: The addition of Hanna Moore + Curley advances Murgitroyd’s strategic ambition to grow the business in Europe, broaden support for our North American corporate clients and add a new dimension to our business development in Asia.

HMC is a highly regarded and progressive IP business and the integration of our Dublin offices will enhance client services and future business development, he said.

Murgitroyd de-listed from the stock market in 2019 after its acquisition by London-based private equity firm Sovereign Capital Partners for £65 million ($89.87 million).

Barry Moore of Hanna Moore + Curley said: We have grown our business steadily and successfully since 2003 and we now believe that joining forces with Murgitroyd will accelerate our growth ambitions. We will be able to access more resources and more people as well as gaining a greater geographical spread.

Important:

This article is for information purposes only.

Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.