Bluebox advises on the sale of Ayming UK’s Procurement and Supply Chain Management business

Bluebox is delighted to announce the sale of Ayming UK’s Procurement and Supply Chain Management (“PSM”) business to global management consultancy Argon & Co (“Argon”). Pricing and other deal terms have not been disclosed.


A leading global consultancy centred on business performance and with a total of 1,400 employees across 17 countries in Europe, North America and Asia, Ayming has a 30-year track record of helping businesses to improve their financial and operational performance through finance, innovation, tax, and people development services.


Led by James Bousher and John Thorpe, Ayming UK’s PSM business is a specialist provider of advisory services, focused on procurement transformation, organisation design, strategic sourcing, and digitalisation. Delivering client engagements for both SME and blue-chip organisations across a broad range of industries, it has deep specialist knowledge and an impressive set of credentials.


Following the sale, PSM’s team will be able to offer a broader range of management consultancy services to a global client base, providing immediate value to Argon’s clients. The sale will also allow Ayming to accelerate its growth in their key strategic markets of R&D incentives and People, Performance & Development.


Martin Hook, Managing Director of Strategic Markets (UK, USA & Germany) said:

“Bluebox expertly managed the process on behalf of Ayming and the PSM management team from the outset. We were very impressed with their ability to identify a broad range of suitable acquirers, and thereafter run an auction, which culminated in several offers from international parties. With their advice, we selected Argon as the preferred bidder and they guided us through an efficient due diligence process. We are extremely grateful to Bluebox for their support in helping us reach a successful outcome for all concerned.”


Jonathan Rich, who led the transaction for Bluebox added:

“We are delighted to have successfully advised Ayming on this transaction. With their market-leading business in the UK, focused on R&D and innovation, it was important for us to identify a partner who could meet Ayming’s pricing objectives and, at the same time, support PSM’s growth. We are confident Argon represents the perfect home for PSM, and we wish James, John and the rest of the team continued success in the future.”

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