Profit: c. £200,000
Asking price: Offers invited
Number of employees: 15
The owner of an established electronics manufacturing company is now looking to explore a sale of his company and willing to discuss with an experienced buyer.
The company designs, manufactures and supplies wiring solutions and communication products to the UK communication industries.
Established for more than 30 years the company has a loyal client base in the UK as well as they work with several international clients.
The owner has also set up a successful R&D Program through which they develop connectors for the mobile communication industry.
The most complex products are developed in the UK but they also do some of the manufacturing in Asia and the products are shipped directly from there to their international clients. The company has a portfolio of unique products that have been approved by International Cos.
A suitable buyer would be someone that has previous experience in the telecommunication industry or a foreign company who would like to entry the UK market.