Company history/background
The company offered for sale is engaged in mechanical engineering services, (advisory services for) technical solutions, and the rental of (specialized) tools for large (and long-standing) clients in the oil & gas industry, both offshore and onshore. Over the years, the company has built up a good and reliable reputation and is valued for the quality of its work and its documented knowledge (via a database) of locations, equipment & tools, and materials. The projected turnover after transfer amounts to approximately €1.0 million based on a healthy operating result (approximately 19% EBITDA).
The owner wishes to transfer the activities of his company to a suitable external party, as he wishes to structure his situation for the future (having built up and expanded the business since 2001). If desired, he will remain active within the company for a specified period after the transfer for the benefit of the purchasing party.
In addition to the owner, the company employs a small team of salaried staff, alongside a flexible group of freelancers.
Other
The company is located in its own premises comprising office, workshop, and storage space (for tool rental) on a central business park in North Holland. If desired, the property can be leased or sold upon transfer to the purchasing party.
Although the business is operated through a private limited company, the transaction is based on an asset transaction. A more extensive Information Memorandum is available, which can be made available to interested parties (based on a signed Confidentiality Agreement).
The acquisition price consists of an amount for a (fairly extensive) portfolio of tangible fixed assets to be transferred, plus an amount of goodwill based on the earning capacity of the activities.
Personal data
- MBI candidate
- Strategic acquisition