Established in 1996, this Wellington-based company manufactures and markets the most extensive range of stock and bespoke DC and AC power distribution products of its kind in New Zealand, with a growing presence in Australia.
The company operates in the information & communications technology (ICT) space which is virtually guaranteed to be ever-growing and highly resilient. The customer list includes many highly recognisable names, with products developed for particular market sectors in New Zealand and Australia such as data centres, banks, ICT, defence, aviation, film production, and so forth.
26 years of product development underpins development of a modular design solution which permits fast delivery of custom solutions to exact client specification. In-house manufacturing and drop-shipping drives further responsiveness.
The customer list for both businesses includes many recognisable names. Clients include data centres/server room installers, financial institutions, ICT, defense, aviation, film production, and various other high-end users. These clients are typically focused on quality and service, not price.
The business has been maintained at a scale that suits the founders and working owners but is highly scalable, with immediate growth prospects in the Australian market. It is notable that the company has never applied any dedicated sales resources.
With revenues of ca $1.5M, the business would be an excellent bolt-on for a manufacturer of product in the electrical and electronics space, or a semi-technical individual wanting to get their hands on a real business with real scalability.
We also note that there is an opportunity to acquire the company's Australian distributor entity which is being marketed simultaneously.
Price Guidance $1,400,000
Contact Gerard Dunne - 027 220 8277 today.
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