OIL AND GAS ENGINEERING BUSINESS FOR SALE
SPECIALISING IN THE DESIGN & MANUFACTURE OF FIRE PUMPS AND POWER GENERATION SYSTEMS
Ref.IT088
Location SOUTH WEST
Asking Price £ 750,000
Offered for sale
ADJ EBITDA: £240,000
NET ASSETS: £178,981
Business profile:
Introduction
The opportunity exists to acquire the entire issued ordinary share capital of this company (“the Company”) on a debt free cash free basis.
The Company provides and holds DNV accreditation to ISO 9001:2000 for, the Design and Manufacture of Fire Pumps and Power Generation Systems to the Offshore Industry.
The Business
The Company is an established owner managed company located in the South West.
The business is run by the two directors and founders: One who acts predominantly as Managing Director and the other who acts as Engineering Director. Their respective wives are also shareholders and part time employees of the Company.
