Industry Overview
The renewables industry is experiencing exponential growth and at the forefront is the Wind Turbine market. The growing need to replace conventional sources of energy with renewable sources is projected to drive the market for wind power in the upcoming years. There is great demand for the servicing and installing of Wind Turbines with few businesses in the market able to satisfy this demand.
Business Description
The business provides highly trained and well equipped technicians within the wind turbine industry. The focus services are to support the servicing, installation and retrofitting of wind turbines along with all required tools, vehicles and logistic arrangements.
It holds ISO 9001, ISO 14001 and we were one of the first wind companies to adopt ISO 45001.
The business has a very good reputation within the market and the business is fully staffed with a sound management structure already in place.
This represents an ideal opportunity to partner with a well- established business in this vastly growing industry. The business currently has significant turnover and huge opportunities to expand into further sectors as well as increased territories within the wind industry.
Despite the CVA that the company took in 2020, the company has continued to retain it’s clients and increase turnover. The CVA has been managed correctly but does impact the ability to tender for further works and creates more operational costs. Settling the CVA will be the first use of funds which will raise the profit margins considerably.