This company specialises in a broad range of products aimed at lifting, material handling and health and safety. Products are fabricated in house or bought in or re-sold. Alongside these product sales is regulatory driven, after-market testing and inspection service.
The business owns a substantial freehold factory with a significant fixed asset base.
This is a turnaround opportunity, a chance to modernise a company with a long history and build a prosperous future.
Team:
The current shareholders wish to retire and are supported by some key people who will stay. However please note that the management team will need some refreshing.
Opportunity:
This business presents an opportunity for an existing engineering business to acquire large, freehold premises and amalgamate operations.
Alternatively, it provides a north west base for a company with operations elsewhere in the UK, perhaps with a slightly different but complimentary product set.
Finally, it would make an excellent investment opportunity for a consortium who can bring necessary management skills to the table to drive the business forward.
Asking:
Offers sought for 100% of the share capital