Rare opportunity to acquire a New Zealand electrical products manufacturer along with its Australian distributor and satellite micro-manufacturer based near Sydney. The combined opportunity arises as a result of family connections between the separate business entities.
These companies operate in the electrical and electronic markets, including the information & communications technology (ICT) space which is virtually guaranteed to be ever-growing and highly resilient.
Established in 1996, the New Zealand manufacturing entity manufactures and markets the most extensive range of stock and bespoke products of its kind in New Zealand. Extensive IP developed over 25 years enables the company to custom-manufacture to exact client specifications with great speed and efficiency.
The Australian company, founded in 2013, is the exclusive supplier of these specialised power distribution products in Australia, and one of the few niche suppliers of 'bespoke' IT power distribution products in the country. Stocks of core products are maintained with further configuration in Australia as required.
The customer list includes many 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.
Both businesses have been maintained at a scale that suits the founders and working owners but can be grown very significantly across Australasia. It is notable that neither company has ever applied any dedicated sales resource.
With combined revenues over $2M, the business would be an excellent bolt-on for a manufacturer of products in the electrical and electronics space, or a semi-technical individual wanting to get their hands on a real business with significant growth prospects.
Acquisition of these businesses will require an investment of over $2M.
Call Gerard Dunne - 027 220 8277 today for more information.
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***Some of the details for this business may be subject to strict confidentiality requirements which can only be disclosed upon completion of a confidentiality agreement with the listing agent. These details may include the location, the nature of the business operations, sales performance figures, or other privileged information. Please contact the broker for further details and to arrange an appointment.
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