Giles offloads life science arm to Oamps
Oamps Special Risks is understood to have bought Giles’ life sciences division.
In April, Giles MD Sarah Lyons confirmed the broker's intention to sell the Orpington-based operation.
She added then that the sale formed part of the strategy within the company to focus on key growth areas: "The life sciences operation is a small part of Giles and as such is not a driver for future growth. We have taken to decision now to sell as part of our overall development strategy which will allow us to focus on those parts of the business where we see the most growth."
The acquisition
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