Metalworking company in a niche market

Subject: Sale of two private limited companies involving 100% of the shares.

Reason for sale: The current owners, after almost 30 years of building and expanding the company, would like to take it easier due to their age. There is no succession available in the immediate vicinity, neither within the family (children) nor within the company (employees). Hence, a suitable acquirer is being sought. In recent years, efforts have been made to transfer operational tasks and responsibilities to the employees.

Company profile: The company supplies custom-made (niche) metal products for several specific sectors, with a dedicated department for this purpose. Additionally, it manufactures complex parts for various sectors using various CNC turning and milling machines.

The company has built a loyal and diversified customer base due to its knowledge, expertise, and reputation, with an increasing number of recurring projects.

Employees: The company has 6 employees. Although the employees have an average tenure of over 10 years, the average age is relatively young (< 40 years). The employees are interchangeable.

Location: The company is located in Noord-Brabant in a modern industrial building and has a machine park with sufficient excess capacity for further growth.

Financial information:

Year: 2019

General Revenue: €1,600,000

General EBITDA: €750,000

General EBIT: €650,000

Year: 2020

General Revenue: €1,400,000

General EBITDA: €600,000

General EBIT: €500,000

Year: 2021

General Revenue: €1,700,000

General EBITDA: €700,000

General EBIT: €650,000

Year: 2022

General Revenue: €2,000,000

General EBITDA: €850,000

General EBIT: €800,000

Year: Q1 2023

General Revenue: €600,000

General EBITDA: €300,000

General EBIT: €300,000

In 2020, the impact of COVID-19 was noticeable across the entire customer base, temporarily interrupting the upward trend. However, recovery has already been achieved in 2021 and 2022.

Remarks: The company can be an interesting addition for existing market players or strategic parties looking to increase their market share in the Netherlands or establish a presence in the Dutch market. The sellers are willing to remain for a certain period after the transfer for the purpose of handover and introduction to the top 10 clients.

Valuation: The company is offered with an equity of approximately €1,150,000. There are no interest-bearing debts. Interested parties are expected to submit an initial bid after a introductory meeting with the seller.