A leading UK-based prominent supplier of high-quality machinery for the packaging industry.
- Industry Overview: Industrial Manufacturing
- Location: East Midlands, UK
- Business Description:
- Workforce comprising of highly skilled professionals
- Focus is automation in factories; however, they also provide machine maintenance, which brings in a recurring revenue element
- 20% Recurring revenue from maintenance and spare parts
- Well-diversified client portfolio with many blue-chip clients
- The company is a market leader in the industry, covering a significant percentage of the market
- The business has been successfully trading for over two decades
- A smooth transition would be assured with the existing management willing to offer a thorough handover for more than 6 months
- Financial Summary: FY23 Turnover £6.5m | EBITDA £1m
- FY22 Turnover £5.5m | EBITDA £728k
- FY21 Turnover £8.5m | EBITDA £514k
- Team Overview: There is a team of 9+ highly skilled professionals.
To find out more get in touch with our team quoting reference number: 7735591855.