GOTTESMAN COMPANY &  Cooperating Intermediaries Seller Profile

United States, Canada & Europe Since 1985

America’s International Network of M&A Business Brokers

Acquisition Opportunity

S-2888-3-MLJ

(UK, England)

Manufacturer of Paint Application Equipment for Glass Containers

Business Description:

This Company is a leader in its field, designing, building and installing specialized paint application plant for finishing glass containers for the packaging industry mainly in the beverage and cosmetics industries. It provides a turnkey paint plant solution for customers from concept to commissioning. The owner, a highly skilled engineer who is a specialist in his field, wishes to begin the process of retirement.

Since 1995, the Company has supplied and installed over 50 machines in 20 or more countries across the World on most continents and is a leading player in its sector. The beverage and cosmetics markets are large and growing as designers demand ever more innovative effects. The unit sales value of the plant it supplies averages at about $680k but it can be over $1.2M. The business is well known and respected by the key market influencers including the coatings manufacturers. There are strong prospects for growth supplying machines to existing and new markets and there is also an opportunity to increase service income and sales of spares.

The business has relatively low overheads, focusing on design, project management, assembly of bought in/specified components and installation. There are 5 full time employees. The business operates out of a c 600 sq m modern factory unit. Sales in the 2015/16 Financial Year were $2.1M generating an Adjusted EBITDA of c $220k. Machines are generally built under contract with stage payments which helps cash flow.

The Transaction:

The owners are open to sharing in ‘above base’ performance, linked to Annual Gross Profit, over the 3 years following Completion. The owner is prepared to stay on for a period of up to 2 years, on a part-time basis, to handover management control and to assist the new owners with technical and sales issues.

Financial Summary

  2016 Yr Ended 31 March 2015 2014
Revenue 2112 1635 1627
Adjusted EBITDA 227 121 159

Other Highlights

Location Financials Management Team in Place Years in Business SIC Classification
UK Reviewed Yes 21 3299

Direct All Inquiries to:
Gottesman Company
Refer to: S-2888-3 MLJ
Tel: 212-330-8010     Fax: 646-434-4557
E-mail: office@gottesman-company.com

2/28/17   

Gottesman Company – 200 East 71st Street – New York, NY 10021 www.Gottesman-Company.com

This document is confidential and contains proprietary information belonging to Gottesman Company. It is unlawful to reproduce or distribute without express written consent of Gottesman Company. No warranties or representations are made in connection with the information provided herein. Gottesman Company is an M&A Business Broker, whose mission is to locate opportunities and introduce participants.