- Country: Australia
- Industry: Construction, Engineering, Architecture
- Stage: Exit/Sale of the business
- Years in operations: 40, Employees: 20
- Investment size: $1,000,000 / min. $1,000,000
- Type of investment: Equity
This highly reputable company is the leader in the installation and removal of insulation and cladding systems for the industrial petrochemical and energy industries.
Based in Melbourne, this family owned business has been operating for over 40 years. This highly reputable company is the leader in the installation and removal of industrial insulation and cladding systems for the industrial petrochemical and energy industries, as well as asbestos removal. Their blue-ribbon clients include ExxonMobil, Origin Energy, Lochard Energy and Dow Chemical.
With extensive industry experience all their work is carried out to comply with Australian Standards and Regulations, using only quality materials.
Simple or complex solutions are tailored to meet clients’ requirements, often in major hazard facilities, using a range of products sourced direct from suppliers. Works are completed using products such as; Polyurethane foam and Armaflex rubber, Venture Clad, Cryogel (cold work with vapour barrier) and Pyrogel (hot work) and Rockwool (synthetic mineral fibre).
Highly skilled tradesmen work with all types of metal including Zinc Alume, Stainless Steel, Colourbond, Perforated Metal and various Foil Based claddings for a multitude of applications such as pipe lagging, large storage tanks and truck carriage containers etc.
As a licenced A Class removalist, both friable and non-friable forms are removed in accordance with legislative requirements and OHS codes and regulations. They regularly undertake this task for clients as part of ongoing asset maintenance.
A Buyer will experience all the benefits of acquiring a business that has a well established brand name and reputation, but still with plenty of room to grow:
Diversification into related commercial or residential insulation sectors
Bringing new technologies to market
Expanding asbestos removal service across sectors
The Vendors are looking to retire, and will consider all genuine offers either full sale, or an earn out period.
Turnover: $4 million - with good growth
Use of financing
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