Formed over 35 years ago, this family-owned business specialises in the design, manufacture, installation and servicing of top quality, automated grain handling and feeding systems for the agriculture industry.
Predominately suppling dairy and beef farmers in regional areas throughout Australia with some export to New Zealand, their products are renowned for being unique and innovative.
The business is supported by a far-reaching network of almost 30 dealers, with most of their client base being privately owned farms. Though in the last few years, the business is seeing an uptake by more Corporate Companies investing in their grain handling and feeding systems.
The Vendors have owned the business since 2010, but now wish to retire. The owners are looking to exit via an asset sale, but are willing to work with the new owners to provide handover support to ensure a smooth transfer of knowledge, expertise, supplier, and client relationship
The acquisition provides the purchaser with the all the following benefits:
• A dedicated and diversified customer base
• Excellent reputation in the industry
• Unique product offering and innovation
• Strong financial performance
• Extensive dealer network throughout Australia and New Zealand
• Opportunity to expand product offering and networks
2021 Revenue: $2.8m
2021 Return to Owner: $700k
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.