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Deal Opportunities.co.uk

the UK marketplace for company sales

Excavator attachments

Reference
S7636
Turnover
£2m to £5m
Sector(s)
Construction, Engineering, Manufacturing, Retail & wholesale
Region(s)
UK Wide, Outside UK
Added
08 April 2021

Business description

The company is a leading manufacturer of heavy-duty excavator attachments, which are supplied to clients throughout the UK and internationally. 

In addition to its standard product range, the business designs and builds a wide range of bespoke attachments, enabling clients to undertake a variety of projects. 

Products include, but are not limited to, cable, digging, grading, drainage, concrete pouring and trapezoidal buckets; Scandinavian graders; telehandlers; ripper teeth; and wear parts.

Our client is offering the company for sale to facilitate continued growth under the impetus of a new owner.

Offers invited.

Highlights

  • Has 455 active clients in the construction, groundworks, utilities, plant hire and civil engineering sectors. 
  • Maintains strong, long-standing relationships with clients, several of which now span over 17 years. 
  • No individual account supplies over 16% of its annual turnover. 
  • Operates from two leasehold premises. 
  • Managing Director is willing to remain with the company in a suitable ongoing position, post-sale.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2018 (Actual) 1,893 26
2019 (Actual) 2,199 98
2020 (Actual) 2,118 157
  • Turnover of £2.1m in YE20 with an adjusted EBITDA of £157k.
  • Has shown a 12% increase in turnover since YE18. 
  • Shareholder funds in excess of £400k.

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