Business description

Outstanding opportunity to acquire a successful civil engineering firm based in the Midlands UK.

?The business is very well known within the industry having operated for 25 years.

?Specialising in civil engineering, surfacing and related sectors with particular growth in railways projects, the business has steadily evolved, expanding and accommodating its continually growing client base.

?The main area of its target market is in construction surfacing including construction and maintenance of railway platforms, car parks and railway properties, other roadways, car parks and ground works.

?Its service portfolio includes hard landscape works such as the preparation laying and maintenance of ground works including drainage, kerbs and asphalt. The company also has specialist handlay surfacing expertise.

?The versatility of the business’ capabilities ensures that the client base is well served and as a result this base has grown to include national and local water authorities, national landscape contractors, local government authorities and railway companies.

?The company is on preferred supplier lists for railways, local authorities and universities.

?The company operates from well-situated premises in the Midlands benefiting from excellent communication links within the UK.

?Reason for sale: The founders of the business now wish to retire, although the Managing Director is keen to continue his involvement.

?All the directors feel that the business may well fit as part of a larger firm that wishes to acquire a strong presence within the market, or a business that has a requirement for the services that the company provides.

?The business has an annual turnover in excess of £3m with healthy margins

?There is a solid management structure in place to enable a smooth transition.

Property information

Property:

Leasehold

Other information

Reasons for selling:

Retirement

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