Based in South East England
The company is a distributor of hoses and couplings to customers from a diverse range of industries, predominantly operating in the UK and Republic of Ireland, with a growing customer base in mainland Europe. The company supplies a large volume of standard products alongside bespoke assemblies for specialist requirements.
The company supplies products for a broad range of applications, including slurry, irrigation, compressed air, and water pumping, benefitting from a significant presence in its core sector, high volumes of repeat business, and customer and supplier relationships spanning 30 years.
The shareholders are offering the business for sale as they wish to explore other, unrelated opportunities. Offers invited.
Key Highlights
Excellent industry reputation built up over four decades, with a significant market share for its primary product.
Over 400 customers, 80% of which provide repeat business.
Approximately 5% of revenue derived from mainland Europe and Asia, with significant scope for growth from existing products and client relationships.
Experienced management team in place, with shareholders willing to remain to provide ongoing support.
Large company-owned warehouse premises that may be included in the sale.
Financial Highlights
Turnover of £3.9m, with an adjusted EBITDA of £754k.
