For Sale Manufacturer Of Foams, Rubbers And Plastics

BASED IN THE WEST MIDLANDS

FY17 turnover of £1.8 million with an adjusted EBITDA of circa £327k. FY18 (5 months’) turnover of £848k. Specialises in the manufacture and supply of bespoke foam, rubber and plastic components, including filters, acoustic foam, protective packaging and thermal insulation. Well-established, sustainable client base enabling the company to hold a strong market position across the automotive and HVAC sectors. Preferred supplier for several leading, international car manufacturers. Strong second-tier management team in place able to run the business on a day-to-day basis. Operates from 36,000 sq ft leasehold premises that can accommodate further expansion. Retirement sale. Offers invited.