Sold. Industrial Instrument Manufacturer

Industrial Instrument Manufacturer
(Metal industry)
Ref.IQ004
Location West Yorkshire
Asking Price £ 200,000
Established over 30 years ago, this mature business provides a high quality service maufacturing and selling Digital Intelligent Instruments for molten metals. These innovative instruments are vital in the temperature measurement of the molten metal and greatly contribute to the enhancement of the overall quality and efficiency of the casting process..

The company are internationally renowned for their accuracy and reliability of their product, selling to countries all over the world, including, China, Russia and the USA.In the early 90’s the company added Digital design to its range. As a result of further developing these devices, it offers a comprehensive range of Digital systems for accurately measuring, storing and transferring data .

The company has a truly global network of ditributors (circa 30) and iit boasts a loyal and active clinet base of some 100 companies, many of whom are blue chip. At present circa 60% of sales are for export to Far East, Europe and Australia. The business is enjoying good demand at presnt and ahs a strong future orde book.

The business enjoys low fixed overheads and owns all plant and equipment.

Expansion Potential
This company is ready for expansion. The present owner is nearing retirement age and is looking for someone with a new injection of energy and initiatives to take the business to its next level. The vendor has not been as proactive in the sales function as he once was and believes a more dynamic approach would certainly lead to significant increases in revenues to a new owner.