Acquisition Opportunity – Project Apollo

Sale Type: Business Sale
End date: 25th October 2019

Contact: Michael Quinn
T. 020 7131 4538
E. michael.quinn@smithandwilliamson.com

Category:

Description

Opportunity

An opportunity has arisen to acquire the business and assets of a well-established food manufacturer and processor based in the South East of England. It is anticipated that the purchase will take the form of a defined business and assets sale in whole or part.

Business Overview

  • Family run business with a long and distinguished heritage.
  • Incorporated for more than 25 years.
  • Loyal customer base including major supermarket chains.
  • Online platform offering customer ordering and home delivery.
  • Dedicated workforce of c. 20 staff.
  • Assets comprise of various plant, machinery and equipment relative to the meat manufacturing industry.

Key Financials

  • Turnover for the 12 months ending 31 March 2019 c. £6.5 million.

Timeline

All interested parties will be required to sign a non-disclosure agreement and have the ability to work to the following timeline:

  • Expressions of interest are to be submitted as soon as possible.
  • Offers for the business and/or its assets are requested by midday on 25 October 2019.
  • Offers should be made on a written basis, setting out the assets to be acquired, the key assumptions underpinning the quantum and structure of the consideration and any conditionality attaching to the offer. Proof of funds should also be provided.

If you would like further information on this opportunity please contact Smith & Williamson using the details provided below, following which additional information will be provided, subject to the signing of a non-disclosure agreement.

Disclaimer

This document has been prepared by Smith & Williamson LLP (S&W) on behalf of the seller. It is intended only as a brief outline of the business to enable parties to establish whether the opportunity outlined might be of interest to them.

The information set out above has been provided by the seller and not audited, verified or warranted by S&W and therefore no guarantee as to the accuracy of the information can be given. No liability is accepted for any loss, cost or damage suffered or incurred as a result of reliance on such information. S&W will not give any advice to any recipient of this document.

Contact

Michael Quinn
Smith & Williamson LLP
25 Moorgate
London
EC2R 6AY

T: 020 7131 4538
E: michael.quinn@smithandwilliamson.com

Sarah Lazarou
Smith & Williamson LLP
25 Moorgate
London
EC2R 6AY

T: 020 7131 4081
E: sarah..lazarou@smithandwilliamson.com