Real Estate also available for sale or lease
Toronto, Ontario, Canada
For Sale
Established business offering complete in-house services from engineering, fabrication, machining, quality assurance and project management. Founded over 100 years ago, the company has grown organically and via acquisition to become a global leader in certain niche segments it specializes in such as industrial processing equipment.
Customers
Due to strong brand reputation and unique, in demand products, the business benefits from a global customer base from a wide variety of industries including but not limited to: Petrochemical, Biofuel & Energy, Pharmaceutical, Food Grade, Mining, Tunneling and more. The business has attained Approved Vendor Status with many large blue chip customers around the world.
New Technology Products
The business continues to invest in nascent technology and processes related to one of their product lines. They are in the final stages of testing this patent technology with worldwide rights to build the products using these patents.
Real Estate
The business operates out of two industrial buildings with a total 70,000 SF under roof.
Power up to 800 amps, overhead cranes up to 23 ton and potential for building expansion. Easy access to highways 401, 404 and 407. The real estate is available for sale or lease as part of a transaction.
Machinery & Facilities
Machinery: CNC mills, lathes, large capacity horizontal boring, vertical boring, grinders, welding, water jets, shear, press brake, and more.
Rolling stock: forklifts up to 29,000 lb and road vehicles.
Capabilities include fabrication, machining, over 200 certified welding procedures, all with a wide variety of raw materials.
Facilities are highly certified including: ISO, CE/PED, ATEX. ASME – U, R, S., ASME, Welding and CWB.
Financial
Three year and five year annual revenues average $12.5M, and sales have now exceeded 2019 pre-covid sales by over 10%. Unadjusted average five year EBIT is $0.5M.
Opportunity
We believe this opportunity is an ideal acquisition for an established business in a related industry looking to quickly increase scale, capabilities and revenue.
Workingman Capital has been retained as the exclusive sales agent to find the right buyer for this tremendous, unique and diversified manufacturer. Our goal is to sell the entire business on a consolidated basis, with or without the real estate.
Process
Preference will be given to interested parties that have experience with hands on operation of same or similar businesses. Non-Disclosure Agreements are required, which can be remitted to info@workingmancapital.com. Only vetted parties will be provided access to confidential information.
Please contact Workingman Capital at 416-847-7336 for additional details.