Manufacturing Business for Sale

Thu 06 Apr 2017

Mazars LLP have been instructed to assist with the sale of a manufacturing business via an accelerated M&A transaction.

The business specialises in the design and manufacture of knitted wire mesh which is suitable for onward processing into a wide range of specialist engineered products. Applications for the engineered products include vibration damping and sound attenuation, filtration products, anti-stab and anti-vandal protection, and plastic extrusion die cleaning.

The business has established a reputation for its research, design and innovation capabilities in providing knitted mesh solutions in a range of applications.  Markets served include automotive, aerospace, military, marine, telecommunications, medical and technical fabrics.

The business has been established since the 1950’s and operates from freehold premises located near the M56. It generates income from an established international customer base, predominantly in the automotive industry. Contractual order commitments are in place with established customers. The business also has an interest in manufacturing facility in India and commercial interests in South Africa both of which generate income streams.

It currently employs 98 staff in its production facility in the UK.

The turnover of the business in recent periods is summarised below:

Fixed assets include freehold property; plant and equipment; patents and trademarks and other intellectual property rights. Some plant and machinery is subject to finance.

The business has current assets of vehicles, work-in-progress, stock, raw materials and tooling.

Offers are invited from interested parties who are seeking to purchase the shares or the business and assets as a going concern.

Please email Conrad Pearson to request a non-disclosure agreement and further information.

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