DealStream Logo

No photo available

Details

Jul 23, 2018"Mercury" offers both strategic and experienced financial buyers the opportunity to acquire profitable molding capabilities and multiple lines of branded industrial products. The Company’s products are manufactured from recycled material and sold directly as finished products to OEMs.

Mercury increased revenue nearly 18% in 2017 and is on pace for similar expansion in 2018. Management expects continued growth of legacy products as well as growth from new products recently brought to market.

Real Estate owned by the seller in a separate LLC is leased to Mercury. The Seller wishes to also sell the real estate to a related entity of the buyer in a separate transaction. The 36,500 s.f. facility with 24–30 feet high ceilings is located in an industrial park. It offers rapid access to major highways and interstates. An additional 40,000 s.f. of open-air outdoor storage is also located on the 6.2 acre lot.

Mercury provides niche products to a variety of industrial OEMs. The end markets continue to exhibit strong growth trends. Mercury’s products are unique compared to those of its competitors and offer competitive advantages of sustainability, longer life, and better performance in extreme environments. No other competitor makes a breadth of products equivalent to that of Mercury.

An experienced general manager (GM) runs the Company day-to-day. The GM has an employment contract through 2020 and expects to continue to drive business operations going forward. The current owner seeks to retire and has little involvement today. He intends to exit the business after a 30-60 day transition period, given the strength of the GM. This is an excellent opportunity for a strong sales, marketing, or manufacturing executive or a strategic buyer in the industrial products and components industry.

Sign up today to learn more about this listing and others like it.

By clicking "Join Now - It's Free" you confirm that you accept the Terms of Use and Privacy Policy, including cookie use.