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Project Beta provides the opportunity to acquire a long-established specialist supplier of pipes, fittings, flanges and ancillary products in all grades of material to the Oil, Gas, Ship repair and Industrial sectors.
The business is well situated to take advantage of demand locally from a large oil refinery, but also supplies a wide range of other industries and business, both locally and nationally.
As an independent business, it holds stocks from numerous manufacturers, offering a wide choice to its customer base.
The business enjoys a strong reputation as a result of its long trading history and as a result of its commitment to service, backed up by the availability of a wide range of stock.
In recent years, the business has been run as a lifestyle business. An increased focus on sales provides significant opportunities for growth.
The business has turnover of £2.5m, achieving adjusted EBITDA of c£400k.
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