Offered for sale is a leading Scotland-based fabrication company. Established in the early 2000s, the company has grown significantly over the past two decades, culminating in the purchase of its own multi-acre premises in 2019 to accommodate its expanding operations.
The company offers a diverse range of fabrication services, including the manufacture of general pipework, steelwork, sub-sea spools and structures, pig launchers/receivers. With a strong in-house engineering team, the company prides itself on providing a complete turnkey solution, covering everything from material procurement to installation.
Operating across the oil and gas, materials science, agtech, sub-sea and pharmaceutical sectors, the company has cultivated lucrative partnerships with oil and energy majors and has completed projects for pharmaceutical and agtech giants.
The company’s operations are driven by 20-strong workforce, whose expertise spans estimating, contracts management, quality assurance and control, fabrication processes, site supervision, strategic procurement, supplier relations and H&S.
The company’s operational excellence has culminated in remarkable financial performance, with the company achieving an impressive revenue of £2.18 million in 2023, complemented by a robust adjusted EBITDA of £410,465.
Competitive position and track record
The company differentiates itself on the market through its fast turnaround time and meticulous quality assurance protocols. The company maintains a robust quality management system, achieving accreditation to ISO 9001:2015. Furthermore, the company demonstrates its commitment to Health, Safety, and Environment (HSE) best practices through BS 45001:2018 certification, and its expertise in steelwork fabrication is verified by BS EN 1090-1 Execution Class III accreditation.
Highlights -
Offers a full-turnkey solution from procurement through to installation.
The company’s own multi-acre facility with good transport links.
A trusted partner for major PLCs and private companies across the energy, pharma, chemicals and agtech sectors.
Reputation for robust quality assurance and control, backed up by a dedicated 3 -person team.
20-strong workforce, whose expertise spans estimating, contracts management, quality assurance and control, fabrication processes, site supervision, strategic procurement and supplier relations and H&S.
Opportunities -
With all sales based on word-of-mouth referrals to date, there is scope to drive revenue through strategic lead generation (e.g. hiring a dedicated sales manager).
The company may also wish to leverage its expertise in pipework fabrication/installation to transition into the high-growth renewable energy sector (biofuels, hydrogen, geothermal energy, etc.)
Financial Profile
Turnover IRO- £2.1m in 2023.
Interested parties will be required to sign an NDA.
