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“Convex provided invaluable guidance and support from start to finish. The team’s focus and tenacity were instrumental in delivering a deal which surpassed our expectations.”

Paul Luen, Chief Executive

Deal Value £10m

Chris Froggatt


Martek Marine: January 2019

Convex Capital originated, led, structured and completed the sale of Martek Marine Limited to James Fisher and Sons Plc, a leading provider of innovative marine solutions and engineering services.


Martek was co-founded by Chief Executive Paul Luen in 2000 and is based in Rotherham. The Company has grown to become a global leader in the supply of innovative marine safety, performance, and crew welfare solutions.

Convex Capital structured a deal which gave the shareholders 90% of their consideration on completion. Paul Luen will remain with the Business following the deal and continue to drive growth as part of the James Fisher group.

The deal team was led by Chris Froggatt, Peter Cheney and Tom Johnson.

The Convex difference: identifying a highly acquisitive strategic buyer

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