Press Tooling Designer - North UK - Business for sale
The business achieved a YE17 T/O of £3.1m, adjusted EBITDA of £555k. YE18 management T/O of £3.5m, adjusted EBITDA of £694k. Designs and manufactures a wide variety of press tools through the use of extensive, in-house machinery, utilising a specialised workforce with a solid background in press toolmaking. Offers a comprehensive service, from initial design through to final construction and try out of the product, with in-house pressing capabilities of up to 1,000 tonnes. Manufacturing solutions offered include computer-aided design (CAD), CNC milling of up to 5m in length, Tool Simulation using Autoform Software, EDM wire eroding, assembly and try out. Inspection facilities include a CMM and Hexagon Romer Scanning arm, to provide additional support for reverse engineering. Operates out of 27,000ft2 freehold premises, to be included in the sale, with additional land for future development.Long-standing relationships with clients spanning up to 13 years and currently serving most major Tier 1 automotive suppliers within the UK. Approximately 36% of sales attributed to overseas work. Strong second-tier management team, able to oversee day-to-day business operations and development post-sale. The current directors are willing to retain their current roles for up to three years. Offers invited.
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