Supplier of Scientific and Laboratory Equipment and Chemicals
Business For Sale
Hilco is pleased to be instructed to seek offers to acquire the business and assets of “Project Chemistry” (the “Company”). The salient details on the business are as follows:
- Large customer base in the education sector
- Industrial customers in oil & gas, f&b, pharmaceuticals etc
- Significant stock holding
- Large order book
- Midlands based with an international presence
- 2019 turnover c. £8.1m
- 2020 turnover c. £7.5m
The deadline for offers is midday (BST) on Monday 2nd August 2021 and accordingly interested parties are requested to make contact as a matter of urgency.
Leasehold Properties – The company holds two leasehold properties and have agreements with two third party warehouses.
Tangible Assets – Office furniture and equipment.
Stock – A considerable volume of stock with a cost price of c. £1.2m
Order Book – The order book at the date of completion of the transaction.
Goodwill – The valuable goodwill attaching to the business.
All expressions of interest and bids are to be directed to Hilco. On receipt of a signed confidentiality agreement, Hilco will provide access to a virtual data room providing further information.
Key Terms & Conditions
The bidder acknowledges that Hilco acts as an agent, who offer for sale only what right, title and interest (if any) the Company possesses in the assets. Such sale will be without any warranties, expressed or implied. Hilco has not verified the information provided, and bidders are deemed to have carried out their own due diligence. Hilco’s full Terms and Conditions apply.