Company history/background
The Company sells self priming, horizontal, vertical, submersible and tailor-made pumps, mostly centrifugal.In addition, the company offers valves and fittings. It is a Dutch Company. The Company employs 3 experienced and loyal technicians (excluding two managing directors).
Company activities
Clients are active in e.g., the maritime, petrochemical, and fish-farm industry and are extremely satisfied with the reliability and flexibility of there services and products, resulting in long-term relationships.
Turn-key: to make sure the client experiences the smoothest transition from buying to using a product, the Company offers turn-key solutions. The Company designs, manufactures and installs the product.
Unique selling points
The Company has a ready scalable business and a leading position in the (growing) industrial pump applications focused internationally (multiple industries). A headstart that offers scalability within European Union.
Possesses design capability, flexible workshop, low overhead and a
professional network of sub suppliers. In 2021, the Company reported a net revenue level of around € 2.7M (CAGR 11%, 2018FY – 2021FY).
The Management Board expects that the net revenue level in 2023F will reach approx. € 3.3M (EBITDA of approx. € 400K) and will be growing afterwards.
Other
The Company has an excellent position in its market and could be a good fit to a strategic partner as well as a financial investor involved in this market (and looking to expand or build its market coverage).
General information
- MBI candidate
- Strategic acquisition