This very well established business, which was started by our client in 2000, was only been made available for sale due to move towards full retirement. The company was well formed and run virtually under complete management, with its own Managing Director, Finance Director with a full team of managers in all key positions. This well established medical and precision engineering business has a broad customer base with the 146 or so Acute Trusts within the UK, which accounts for some 75% of the overall business. The business is a blend of own manufacture and wholesaling of imported products with many under their own brand label. The deal consisted of a sale of 100% of the issued share capital.
- Client: RB Medical Engineering Ltd, Ross-on-Wye