Our client is an independent firm specialising in the production and restoration of electromagnetic magnets extensively used within the metal recovery and recycling sectors. Additionally, they excel as a High Voltage service provider, offering installation, maintenance, and repair services. These two core activities seamlessly complement each other.
Over the years, they have solidified their position as the preferred choice for refurbishing and revitalizing drum magnets, enjoying unrivaled dominance in the UK market. Periodically, they receive twenty-ton magnets from both the UK and Europe for comprehensive refurbishment. Furthermore, their newly crafted drum magnets have been successfully distributed across Great Britain, Europe, and the United States.
The company boasts a unique portfolio of around one hundred niche High Voltage service contracts, spanning the entire nation. This facet of the business demonstrates consistent growth, leading to additional engagements that encompass diverse tasks handled by our proficient engineers. These tasks range from installing new transformers, switch gears, and electric cranes, among other endeavours.
As the proprietor approaches retirement, an opportune moment arises for the business to join forces with a larger electrical engineering entity or an enterprising individual. This strategic move would harness the collective expertise required to guide the business along its ascending trajectory. Applications from companies and individuals with funds or access to funding only please. This is a superb bolt on opportunity for a growing plant and equipment supplier connected to the recycling industry.
