A strong, profitable company is ideally positioned in the high-growth electronic and automation sectors. The business develops wiring and electronic control systems used in a wide range of industrial, automotive, marine, and capital goods markets. The EV sector, among others, is providing substantial further growth opportunities.
Clients are typically large corporate entities, often with a global presence. Providing bespoke engineered products to meet customer requirements ensures customer relationships are long-term, with very high levels of repeat business.
The family-owned business, located in the East Midlands and operating from fully serviced light industrial premises, employs a committed workforce, including an experienced, 2nd-tier management team.
Established over 20 years ago, the company has grown organically over that period, consistently achieving annual sales in excess of £1 million and an adjusted EBITDA in excess of £200k.
The guide price for 100% shares of the company is £675,000, to include a debt-free cash balance sheet with a net asset value forecast at c. £350k. The vendor will be pleased to support an appropriate handover ahead of the planned retirement.
Please do not attempt to contact the vendor directly.
