Industry: Precision Engineering
Asking price: Offers invited
Number of employees: 45
One of the UK’s leading subcontract precision engineering business, established for over 20 years which manufactures and supply high quality components across different industries.
The company has a long standing portfolio of Blue Chip clients located globally in sectors such as hydraulics, spray guns, pneumatics, aircraft, defence, automotive. Strong contracts in place with clients in the aerospace and defence sectors.
The owners are constantly looking to improve their equipment and services in order to deliver the highest quality to their loyal customer base.
The company operates from leasehold premises, the facility has 21000sqft / 1950 sqm.
2018 Turnover is just under £5M and looking to reach £6M this year.
This business would be suitable for a trade buyer or a buyer that has previous experience in this sector.
The current owners are happy to have discussions with genuine buyers.