A General Machine Shop is seeking expressions of interest for acquisition of its privately owned and operated Company located in Southern Alberta.
The Company was founded in 1986 and has realized significant organic growth over the last decade. The Company currently generates quality earnings of $2.3M annually through general machining projects and by meeting the needs of the cattle feeding industry with quality in-house designed Roller Mills and Scalpers.
This Company is a manual machine shop with no CNC machinery.
The Company is very well positioned in a high barrier industry.
The primary shareholders are willing to support a transition over a six month to one year period including transition of operating knowledge and relationships, as required.
Over 30 years of operations, the Company has built an established network of customers throughout Alberta and across Canada. It operates in three Industries
Agriculture – Custom in-house designed Roller Mills and scalpers. Supplier of solid cast iron steel rolls with on-going service for their own and other machine brands. Specialized in SPIRAL roll Corrugation.
Construction – Cylinder repair, Bucket repair and blade replacement, Portable line boring service for the repair of pivot points of excavators, wheel loaders and related equipment.
Truck and Trailer – Spindle Replacement Service
Discretion for all inquiries. Please contact Clara Piedalue of Larkspur Business Brokers for more details and viewing arrangements. Interested parties will sign a Letter of Intent (LOI) outlining the highlights of a purchase proposal, available through Larkspur Business Brokers, if required. More detailed company information and financials will be provided upon an accepted LOI and signed Non-Disclosure Agreement. Co-Broker agreements are available.