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
Stock - Value $2M. Plant & Equipment - Value $3.2m
For information Memorandum & EOI