Description
Opportunity
An opportunity has arisen to acquire the business and/or entire assets of a company which manufactures precision presswork and fabricated components, supplying into the automotive and other industrial sectors
Business & assets
The business operates from 6 divisions each with its own process capabilities and customers/markets. The business utilises a range of automated and manual presses and metal fabricating equipment.
Financial summary
Turnover: £14.49m Gross margin: £2.46m Annual overhead costs: £2.2m Monthly payroll cost: £367k
Timeline
All interested parties will be required to sign a non-disclosure agreement and have the ability to work to the following timeline: all due diligence and best offers put forward by close of business on Wednesday 11th December 2024.
Disclaimer
This document 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 financial and other information set out above has not been audited, verified or warranted by Evelyn Partners LLP 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. Evelyn Partners LLP will not give any advice to any recipient of this document.
Contact
Sam Jackson
Evelyn Partners LLP,,45 Gresham Street,,London,EC2V 7BG
Adam Stephens or Clare Lloyd
Evelyn Partners LLP, 45 Gresham Street, London, EC2V 7BG
Adam.Stephens@evelyn.com and Clare.Lloyd@evelyn.com
Alternatively contact David.Fletcher@wyleshardy.com who will be able to forward your interest.