Established in the 1980s, the company provides contract spray drying services to a wide range of industries, including the food manufacturing sector, the fragrance, chemical and industrial sectors, and the clinical, cosmetics and pharmaceutical sectors. Based in the South of England, the company services clients who do not have sufficient volumes or funding to warrant the installation of their own spray dryer(s), serving a customer base that extends across the UK, Europe and beyond.
The company receives the raw materials from their customers either in component form or ready-made liquid slurries; they are then processed through one of the company’s three commercial spray dryers, changing the liquid materials into a dry powder. At this point, the resulting product is shipped back to clients for further processing or sale.
A highly specialist company, the company has several distinctive capabilities that differentiate it from its competitors, namely:
Due to the highly specialised nature of the company’s services, competitors often refer clients to the business when they are unable to meet the client’s requirements.
Indeed, the company has a number of important assets to offer the prospective purchaser, including:
Figures for the financial year 2023:
Turnover - £1,989,339.
Gross profit - £1,764,206.
Operating Profit - £237,092.
The company may well be an ideal acquisition for an existing customer who wishes to ensure that their products will continue to be made by a UK toller, another spray drying toller looking to either expand into a UK sales territory or increase capacity, a business from a similar industry looking to expand their portfolio of products and services, or perhaps an investor who has the expertise and funding to build upon the growth that the current shareholders have set in motion.
Retirement
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