COMPANY FOR SALE
Momentum are very pleased to be representing this long established, subcontract machine shop supplying a number of first and second tier engineering companies.
The West Midlands based company has grown steadily since the early 1990’s and has proved resilient through a number of recessions. Through continuous investment in the latest computer-aided manufacturing technology, the company delivers a consistent high standard of quality at competitive prices to its customers.
The core offerings include CNC machining, Precision Milling, Precision Turning and Automatic Bandsaw, catering to the Automotive, Aerospace, Commercial Vehicles and Agricultural Machinery industries.
In 2018 sales were £900k and operating profit before director’s remuneration amounted to £142k. It’s CNC and conventional machine tools were recently valued at £480k.
Please find the stage one acquisition document, with a general overview of the opportunity, available to download here.
For further information, including a full plant list and capacity breakdown, profit & loss account of last 3 years, a balance sheet for 2018 and top six customers by revenue, we would ask all prospective buyers to complete a brief non-disclosure agreement, which can also be downloaded here.
Please send all completed non-disclosure agreements and any subsequent enquiries to firstname.lastname@example.org.
We look forward to hearing from you!