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Precision engineering predominantly servicing aerospace sector

Reference
D7581
Turnover
£1m to £2m
Sector(s)
Aviation, Engineering
Region(s)
South East England
Added
18 March 2021
Offers required by
March 26, 2021 - 5:00pm

Business description

BACKGROUND

 

An opportunity exists to acquire the business and assets of this engineering company.

 

OVERVIEW

  • The Company has been trading for over 40 years;
  • Loyal staff;
  • Recent annual turnover for the last two years in the region of £2m pa;
  • Two main customers are UK & US based;
  • Leasehold premises in the Thames Valley;
  • Extensive engineering equipment (subject to finance agreements);
  • NQA Certified;
  • Management is willing to work with any acquiring party to facilitate a transition;
  • Essential that an accelerated sale takes place given customer demand;
  • Reason for sale is due to a change in the management structure.

 

TIMEFRAME

Interested parties in this opportunity are requested to sign and return the Non-Disclosure Agreement attached.

Interested parties are required to submit an expression of interest by 5pm on Friday 26 March 2021. A sale is anticipated shortly thereafter.

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