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Supplier Of Electrical Components For The Automotive Industry For Sale

Asking Price:
On request
£1M - £5M
Net Profit:
Available on request

Turnover of £3.1m with an adjusted EBITDA of £520k.Supplies electrical fittings and interfaces for the automotive market,specialising in sales of complex wiring harness protection. The Company’s exports division, which handles international sales across more than 30 countries, will also be included in the sale.Caters to 190 clients worldwide, 90% of whom provide regular repeat business.Excellent client relationships with blue-chip organisations, some of which have spanned over 25 years.Has recently started to operate an e-commerce facility which demonstrates significant potential for expansion.Other opportunities for expansion include further exploration of the EV market, as well as increased recruitment and marketing activity.Strong second-tier management team, led by a Director who wishes to remain in role post-sale.Operates from leasehold premises which may be included in the sale.Offered for sale to facilitate retirement plans.

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