Acquisition Opportunity – COLLISTER & GLOVER (Pipeline Materials) Limited – in Administration(‘COLGLO’)

Tue 13 Oct 2020

Mazars LLP is assisting in the marketing of a leading plumbing and supplies merchant.

Key selling points

• The Company has been trading for over 40 years and is based in Wales;
• Colglo has built an enviable, well respected brand in the local marketplace along with their online presence and TrustPilot rating.  Majority of revenue remains from word of mouth and repeat customers with a growing online base;
• The Company has an extensive stock range consisting of well-known brands, with long-term relationships with suppliers.  The Company has strong relationships with key suppliers – some of which have been built up over 40 years.

Detail

Colglo is continuing to trade on a limited basis and the Administrators are seeking a buyer for its business and assets.

The opportunity would appeal to a strategic buyer who could benefit from cost savings & synergies through the combined businesses as has been further illustrated in the teaser – ‘post synergies illustrative EBITDA’.  A copy of the sales teaser is available to download here, which also details further information on the opportunity.

We would like to invite offers in relation to the shares or business and assets.

Contact 

Should you wish to receive further information on the opportunity, including a copy of the sales teaser flyer, please contact Qasim Memon in the Manchester office at Qasim.Memon@mazars.co.uk.