Aztec Tooling & Moulding Co Ltd was a well-established injection moulding business with a trading history spanning over 34 years. Operating within a specialised market sector, the company utilised a variety of materials, including glass-filled nylon, polycarbonates, and acrylics. The business had built a strong reputation for quality manufacturing and reliable delivery schedules, holding BS EN ISO 9001:2008 accreditation through Lloyds Register Quality Assurance (LRQA).
The owners, Keith Mulcock and Peter Shearsmith, were looking to retire, but they wanted a smooth transition rather than an immediate exit. Business Partnership was engaged to find the right buyer who could continue the company’s legacy while capitalising on its growth potential.
The ultimate buyer was a private investor with industry experience, specifically seeking an acquisition that aligned with their specialist market knowledge and long-term growth ambitions. This made Aztec Tooling & Moulding Co Ltd a perfect fit.
The deal structure involved:
The acquisition of 100% of the share capital in the company.
A cash transaction with a small deferred payment scheduled for 12 months.
A structured handover period, ensuring continuity and a seamless transition for the business and its customers.
The structured transition allowed the sellers to step back gradually, ensuring that both the buyer and the business could adapt without disruption.
The sale of Aztec Tooling & Moulding Co Ltd is a great example of a well-managed business exit, ensuring both a successful retirement for the sellers and an exciting new growth phase for the buyer.
A belated thanks for all your friendly expertise, patience and mediation skills in the recent sale of Aztec Tooling & Moulding Co Ltd. I have now completed two holidays, an extended handover period, and the first thirty jobs that my wife, children, and grandchildren had saved for my retirement!
Once again, a great big thanks from Keith and myself.
Keith Mulcock & Peter Shearsmith, Aztec Tooling & Moulding Co Ltd
(This case study was originally posted on completion of the business sale by John Hatt who retired from Business Partnership in 2024)
Whether you’re selling, buying, or planning for the future, Business Partnership is here to help. Contact us today to speak with your local Regional Partner and start your journey toward success.
Whether you’re selling, buying, or planning for the future, Business Partnership is here to help. Contact us today to speak with your local Regional Partner and start your journey toward success.