An opportunity to acquire an established company specialising in design and manufacture of hydraulic power packs.

Background

Operating in the South West for over 25 years, the Company is one of a limited number of UK manufacturers of hydraulic power packs, offering a complete design, manufacture and build solution to its 2,000 active clients. The company has a reputation for quality and reliability.

Work type includes design and manufacture of static and mobile power packs, control gear, hand pumps and OEM spares, but also provides a full spares service and is able to source and manufacture spares for legacy products, holding a substantial back catalogue of original designs for OEM products.

Any purchaser would gain additional production and assembly capacity, a pool of skilled labour, extensive product designs and library of historical data, potential sales of existing spares and kit, as well as access to potential new markets and market-leading clients by way of an extensive contact database.

Key Features

• Long established, excellent reputation;

• Blue chip clients;

• Leased premises—low rent;

• Order book around £200,000.

Financial Information

Management Information (£000's)

Period Ended 31st October 2019

Turnover 1,043/ EBITDA 32/Adj EBITDA 53/Net Assets TBC

Unaudited 12 Months (£000's)

Period Ended 31st October 2018

Turnover 1,046/ EBITDA 53/Adj EBITDA 72/Net Assets 174

Unaudited 12 Months (£000's)

Period Ended 31st October 2017

Turnover 1,079/ EBITDA 50/Adj EBITDA 86/Net Assets 184

Further Information

Please note; this is an accelerated process. Expressions of interest are to be made by 5pm Friday 8th November 2019. All offers are to be received by 12 noon Friday 15th November with completion required soon thereafter. Further information will be provided to those interested parties, subject to completion of an NDA. 

For more information please contact:

Dan James

Senior Manager

07889 225 231 / dan.james@monahans.co.uk

Alison Bradshaw Manager - Corporate Finance

01793 818 300 / alison.bradshaw@monahans.co.uk