Looking for a buyer.
This Australian company has been in operation for over 10 years and is projecting $21 million in revenue and $8 million in profit for their year ending June 30, 2022. Their clients include blue-chip mining companies in Western Australia, mining companies on the east coast of Australia, and international mining companies. Most of their clients are corporate majors in the surface mining industry. The company enjoys a large customer base and has numerous long-term procurement and machine hire contracts in place with those clients. Services include manufacturing, refurbishing, overhauling, design, drafting, equipment hire and supply of genuine OEM parts. In house services also include heat treatment for stress relieving, blasting, and painting. The business strategy has always been to build, grow and realise the subsequent benefits. The team has many years of hands-on experience and knows how to get the jobs done correctly. The team’s progressive thinking and discipline drives the company to achieve more for each of their clients. As larger opportunities are available to the company the owners have commenced building the necessary infrastructure and implementing the necessary systems to act on these bigger expansion opportunities to help facilitate a sale to new owners. The vendors are now seeking a lifestyle change and are willing to sell and transition out of the business. The Company is now on the market and is Open to Offers/Expressions of Interest.
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