An acquisitive client is seeking a business in the consumer goods sector (but preferably not food or apparel), whose products are sold direct to retailers and/or distributors. Alternatively, businesses may be selling consumable products to manufacturers.
Ideally, businesses will have some manufacturing, assembly or packaging functions within its operations and/or be involved in sourcing.
Turnover between £5m - £15m but with good sales potential, given adequate finance and management capabilities. Businesses do not have to be currently profitable, but the acquirers need to be satisfied that with good management in place, the company can be profitable and cash generative. Businesses are likely to have satisfactory financial systems and controls in place, but require more dynamic management, enthusiasm and leadership to drive the organisation forward.
Preferred locations are within the Yorkshire, Humberside, Nottinghamshire and Derbyshire area.
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