Based in the West Midlands
Overview
Project Echo invents, designs, and manufactures racking systems for the transport of vehicles into shipping containers for worldwide distribution.
All products are designed for safety and longevity, and are highly recyclable, reducing the detrimental impact of more traditional wood packing methods.
Demonstrating its commitment and attention to detail, all racking systems are approved by Bureau Veritas or China Classification Society.
Operating for over 20 years, the business has developed an impressive market share and has built strong relationships with some of the largest vehicle manufacturers across the world.
Having built up a highly reputable business, our clients are offering the company for sale to facilitate semi-retirement plans and encourage growth under the impetus of new ownership, with both shareholders willing to remain within the business for a negotiable handover period.
Offers invited.
Key Highlights
- All designs are patent protected.
- Broad client base including OEMs, shipping lines, logistics companies, and RoRo carriers.
- Operates across six–seven continents, with large current orders in Asia, Africa and Europe.
- Operates from leasehold headquarters in the West Midlands, on a rolling contract, making the business easily relocatable.
- Strong, long-standing relationship with supplier.
- An ideal acquisition for a major logistics business in the shipping, rail, port, or manufacturing sectors that can effectively exploit the exclusivity of the company’s current position and take up a significant strategic and commercial advantage.
Financial Highlights
- Generated a turnover of circa £2.7m in YE23.
- EBITDA of £718k achieved within the same year.
- Gross profit margin of 43%.
- YE24 management accounts show a turnover in excess of £3.6m.
- Has numerous upcoming projects from several contracts which is expected to generate the company with up to £11m through to 2025.
- Currently works closely with 55 active clients; 47% of clients provide reliable streams of ongoing revenue.
