A strong, profitable company ideally positioned in the high growth electronic and automation sectors is exclusively marketed for sale by Morton Christie Business Brokers.
The business develops wiring and electronic control systems used in a wide range of industrial, automotive, marine and capital goods markets. The EV sector, amongst others, is providing substantial further growth opportunities.
Clients are typically large corporate entities, often with global presence. Providing bespoke engineered products to meet customer requirements ensures customer relationships are long term with very high levels of repeat business.
The family owned business, located in the East Midlands and operating from fully serviced light industrial premises, employs a committed workforce, including an experienced, 2nd tier management team.
Established over 20 years ago, the company has grown organically over that period, consistently achieving annual sales in excess of £1M and an adjusted EBITDA in excess of £200k.
The guide price for 100% shares of the company is £675,000, to include a debt free cash free balance sheet with a net asset value forecast at c £350k. The vendor will be pleased to support an appropriate handover ahead of planned retirement.
The business is being marketed by Morton Christie Business Brokers and initial enquiries should be directed to them. Please do not attempt to contact the vendor direct.