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On offerLong Established Australian manufacturing Icon

SELLING PRICE

$5,500,000.00

LISTING AGENT

Anthony Mathers

OVERVIEW

  • Listing ID 2039
  • Price $5,500,000.00
  • Categories Manufacturing/Engineering

Details

            Long Established Australian manufacturing Icon

First time offered

An engineering and state of the art manufacturing group whose speciality is in Australian design and engineering sheet metal from concept to the final manufactured product. Revenue for 2020 $12.935m and forecasted revenue for 2021 $12.8m. Under a stewardship of one family for over 70 years the business is being sold due to the owner wishing to retire.

They design & manufacture specified products for Government infrastructure projects. The group is renowned for its skill base and metal components, Green manufacturing and sustainable design practice are a key consideration in every aspect of manufacture.

The future revenue forecasts are strong, work-in-progress with: Defence and Government Infrastructure Projects, Mining, Schools/Universities, Major Corporations and strategies for new Covid-19 product initiatives.

An acquisition for another group who wished to diversify into a prestigious Australian group that manufactures nationally known brands and benefit from their strong diversified client base

                  StockValue $2M. Plant & EquipmentValue $3.2m

                            For information Memorandum & EOI

                                       contact

                           Tony Mathers 0405252629

                          tmathers@networkinfinity.com.au




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