Plastic Business Sold by TurnerButler

Turner Butler are happy to announce the successful sale of Plastic Business

“We’ve been trading successfully for 40 years but since late our focus changed and selling became more important than anything else.

The business required reinvestment and was heavily dependent on the bespoke layout of our factory.

Selling the business therefore became a challenge since we had to include the property in the sale and Turner Butler managed to secure a buyer amidst various challenges.

Thank you very much we can now retire and enjoy the rest of our days”.

Client Satisfaction is very important to us at Turner Butler. Do please take a moment to read what our satisfied clients have to say about us www.turnerbutlertestimonials.co.uk

Turner Butler are happy to announce the successful sale of Plastic Business

Turner Butler Successfully sold Greentherm Mechanical & Electrical Services Limited of Essex

Turner Butler Successfully completed part-sale of Greentherm Mechanical & Electrical Services Limited of Essex

Turner Butler is pleased to announce the recent part-sale of Greentherm Mechanical & Electrical Services Limited of Essex. Advertised with a guide price of £1.5m the vendor agreed to a part sale and part investment from a serial investor with plans to grow the business beyond its present £4.2m turnover.

Rupert Cattell the managing director of Turner Butler said: “We were instructed to sell the entire business but we introduced a buyer who was interested in working alongside the owner and building the business with a view to selling it in a few years’ time. The parties got on well and a deal was concluded within only a few weeks.”

The vendor said: “Rupert, all is good thank you, we have completed the transaction. Many thanks for arranging the introduction.”

Turner Butler Successfully sold Greentherm Mechanical & Electrical Services Limited of Essex. Turner Butler is happy to announce this sale.

 

Another bumper year in sales of engineering businesses

Turner Butler are happy to announce yet another bumper year in sales of engineering businesses.

Leading ‘No sale, No fee’ broker, Turner Butler are having another bumper year in sales of engineering businesses.

Tony Bell, Regional Manager, Turner Butler 

comments; “Although 2014 showed significant growth in sales of manufacturing businesses throughout the UK, we are still experiencing further growth throughout 2015 as a result of the Government’s focus on the manufacturing sector and the banks re-entering the sector and showing greater appetite to support buyers keen to acquire profitable manufacturing businesses. This extends to first time owners of engineering businesses, as well as existing engineering businesses looking to expand. Once you add in the overseas investors looking to establish a foothold in the UK marketplace and UK based high net worth individuals, the buyer pool has increased significantly in the recent past resulting in significant increased transactional activity’.

Over the past few weeks Turner Butler have completed on a number of business transactions from right across the full spectrum of the engineering sector – ranging from Bristol based KM Engineering Limited, a well-established sub-contract engineering company specializing in CNC machining exotic materials for the oil and gas industry, right through to Merlx Limited, an East Riding based electrical engineering business specializing in design, installation, testing and repair. Both businesses sold as a result of Turner Butler’s comprehensive marketing campaign appealing to a wide number of interested parties, resulting in, in KM Engineering’s case, of a sale within just two months of the Business being brought to market.

Another bumper year in sales of engineering businesses by the leading 'No Sale, No fee' broker, Turner Butler

Upsurge in sales of on-line businesses, reports Turner Butler

Reflecting the increasing maturity of the e-commerce sector, ‘No sale, No Fee’ business broker, Turner Butler has seen an upsurge in on-line businesses successfully sold during 2015.

‘E-commerce as a sector has firmly established itself amongst the top ten sectors of businesses brought to market currently’ said Rupert Cattell, Managing Director of Turner Butler.

Interest in acquiring e-commerce style businesses is equally prevalent, significantly shortening the period of time it takes to achieve a sale, particularly for companies that have a proven track record of many years of successful trading.

Two recent examples are UK Wristband Limited sold by Turner Butler earlier this year and The Footy Shop – a market leader in on-line retailing of football sportswear, both of which sold to private investors easily within the time constraints set out by their original owners, with the latter completed within an astonishing 20 weeks from Turner Butler’s appointment.

Rupert Cattell, who handled both sales added: ‘There was substantial interest in both of these businesses from buyers from the UK as well as overseas. The sales demonstrate that where businesses are competitively priced, such as UK Wristband and The Footy Shop, they will attract high levels of interest. In the past few months, we have successfully completed on the sales of several other e-commerce businesses, with more deals in the pipeline due to complete shortly.”