Hammonds beats rival firms to act for Oxonica

Hammonds has scooped nanotechnology company Oxonica as a new client, which will include preparing for an IPO in the New Year.

The firm is understood to have pitched against Cobbetts, Eversheds and Pinsents in a beauty parade for the client. Hammonds will do Oxonica’s corporate, IP, litigation, real estate, employment and company secretarial work, both in the UK and abroad.

Nick Allen, head of corporate at Hammonds, said the appointment was a key part of the firm’s strategy to ally the corporate and IP practices.

“What we had in terms of expertise and offices – it just allied with what they needed,” said Allen.

He added: “They’re an exciting client to act for.”

Hammonds was asked to pitch by Oxonica’s chief financial officer Richard Clarke, who had instructed the firm in an earlier role at a different company.

Oxonica is a five-year-old nanomaterials company based in Oxford, producing products in a variety of areas, including fuel catalysis and healthcare. It has a portfolio of 38 patent families, and Hammonds’ Munich-based patents practice will help the company in future patent applications.