Machine builder for the recycling industry with a loyal customer base

Company history/background

Subject: Acquisition of the shares of a private company in which 100% of the shares are involved.

Reason for sale: The entrepreneur (60+) wants to take a step back after more than 35 years of active development of his company. There is no follow-up available in the immediate vicinity, either in the private situation (children) or in the company itself (employees). That is why a suitable takeover candidate with sufficient knowledge and affinity with the market is being sought.

Company activities

Company profile: The company specializes in the manufacture of (parts of) machines for the recycling industry. It offers suitable solutions for companies. In addition to the construction of machines, 24-hour service is provided for repairs. Construction work for regional customers is also provided.

Employees: In addition to the DGA, the company has approximately 15 experienced employees. The entrepreneur is involved in commerce and acquisition. A company manager directs the internal organization and the project manager works at the customer's location.

Location: The company is centrally located in the Netherlands. It operates from a spacious and representative business premises with associated workshop. The seller assumes that the buyer will continue to rent the property.

Unique selling points

Financial details:

• Year: 2016 Turnover: € 1,900,000 Gross margin: 63% EBITDA: € 150,000
• Year: 2017 Turnover: € 2,000,000 Gross margin: 64% EBITDA: € 150,000
• Year: 2018 Turnover: € 2,400,000 Gross margin: 67% EBITDA: € 300,000
• Year: (C) 2019 Turnover: € 2,600,000 Gross margin: 65% EBITDA: € 300,000
• Year: P 2020 Turnover: € 2,500,000 Gross margin: 65.5% EBITDA: € 340,000

Other

Comments: The company can be an interesting addition to existing market parties or strategic parties who want to increase their market share. In addition, the company is also interesting for MBI / OBI candidates with an affinity for the market. The seller is prepared to stay on for a period of time after takeover.

Acquisition price: The acquisition price for 100% of the shares of the private company as of 1 January 2020 is set at € 575,000.