Based in the UK
The company designs and manufactures a large range of mechanical handling components.
Throughout its time in operation, the company has developed an extensive knowledge of its market, enabling it to fulfil non-standard or special orders quickly and effectively.
Our Clients are offering the company for sale due to the retirement plans of the majority shareholder.
Offers invited.
Key Highlights
- Additional items are purchased from third-party manufacturers and resold via a large distribution network.
- Works with domestic and international customers across a diverse range of sectors, including manufacturing, engineering, construction and logistics, as well as distributors catering to these industries.
- Approximately 65% of customers provide regular, repeat business, with many relationships spanning several years.
- Experienced second-tier management team in place.
- Operates from company-owned premises, which will be included in the sale.
- An excellent acquisition for an investment company, a similar mechanical handling company or an hydraulic attachment company.
- 50% of products manufactured in house.
Financial Highlights
- Turnover of £3.3m, with an adjusted EBITDA of £550k.
- Pipeline of orders valued at £150k at any time, most of which are fulfilled within 21 days of being received. This is supplemented by orders with longer lead times, which are currently valued at £200k.
- Extensive asset list, comprising machinery, vehicles and stock.
