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.”

Direct Cleaners Ltd Sold by Turner Butler.

Direct Cleaners ltd Sold by Turner Butler.

My full time job has taken me abroad and Turner Butler managed to successfully coordinate meetings and attract offers that worked around my strict schedule.

I’m delighted to say that a structured partnership was agreed.

Kevin Goodwin

About Turner Butler

Looking for a Business to buy? The Turner Butler service is free to buyers. Please visit www.turnerbutler.co.uk to see all our businesses for sale.

Looking to sell your Business? We would be pleased to carry out a free confidential business valuation for you. Simply telephone us free on 0800 028 9999 to arrange an appointment with an experienced business valuation expert

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 http://www.turnerbutlertestimonials.co.uk

Direct Cleaners ltd Sold by Turner Butler

Estate Agency Successfully Sold By Turner Butler

Turner Butler is delighted to announce the successful sale of Estate Agency.

“This was a long and drawn-out deal that required huge patience and perseverance by all parties” said Rupert Cattell. “I have been a commercial lawyer for nearly 35 years and I have never seen anything like it.

The entire delay was down to the vendor’s solicitor who showed all parties the importance of picking a lawyer who understands the needs of the parties, knows what they are doing and gets on with the job.

Despite all the problems this solicitor caused we managed to keep the deal alive and many congratulations to both buyer and seller for their patience and fortitude. Choose a lawyer who is an old friend and you will probably lose both the deal and the friend!”

About Turner Butler

Looking for a Business to buy? The Turner Butler service is free to buyers. Please visit www.turnerbutler.co.uk to see all our businesses for sale.

Looking to sell your Business? We would be pleased to carry out a free confidential business valuation for you. Simply telephone us free on 0800 028 9999 to arrange an appointment with an experienced business valuation expert

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 http://www.turnerbutlertestimonials.co.uk

Turner Butler is delighted to announce the successful sale of Estate Agency