Excellent opportunity to acquire an engineering and manufacturing business of electric switchgear.
- Industry Overview: Manufacturing
- Location: Northern Ireland, UK
- Business Description: Excellent opportunity to acquire an engineering and manufacturing business of electric switchgear.
- The company provides engineering and manufacturing of tailored electric switches
- The business first opened its manufacturing facility over 50 years ago
- 40-50% recurring clients
- Excellent client base with several blue-chip clients
- Their products apply to various industries such as industrial and utility, commercial and retail, transportation and aerospace, renewable energy, etc
- Great 2nd tier management team in place, with members working for decades in the company
- Huge potential for growth, by adding new markets
- Financial Summary: Turnover FY22 Circa £5m | Net Profit Circa £400k
- Team Overview: Great 2nd tier management team in place, with members working for decades in the company, boasting over 38 members of staff
To find out more get in touch with our team quoting reference number: 15504494416