Sold. Long Established Successful & Profitable Engineering Business

Long Established Successful & Profitable Engineering Business – Specialist Trailer Manufacturer
Ref.GM012
Location Northern Ireland
Asking Price £ 1,150,000
This engineering business manufactures a renowned trailer brand. The company had been involved in light engineering, in particular manufacturing, since the early 1980's and the acquisition of the trailer brand by the current owners was an exciting opportunity for the company. The company now manufactures over forty different variations of trailers, which include livestock, plant, tippers, flatbed, general purpose, beavertail, box trailers and horseboxes.

An award winning business the company is long established, reliable and has manufactured many thousands of trailers for varied applications. The business is large enough to manufacture quantities of quality trailers at competitive prices and small enough to produce well made trailers for individual requirements of different types and sizes. The trailers are all manufactured in house from British steel. High grade aluminium sourced in the U.K. & Europe is fabricated in-house to suit various trailers. The trailers are renowned for durability and ease of towing.

Turnover is consistently high with orders from the North and South of Ireland, Scotland Wales and England, increasingly more enquiries coming from the rest of Europe and also as far away as Australia. The products are promoted through a distribution network of dealers with whom the company has an excellent business relationships.

This acquisition opportunity will appeal to other manufacturers competing on an international level, where a complementary product range could open up markets for their current products, as well as providing an instant addition to both their turnover and profitability.

Expansion Potential
The are a number of avenues for company growth. The business currently trades from a farm yard in a rural area. It is estimated profitability could be doubled in 2-3 years with investment in building a new purpose built factory.