Leading Manufacturer of Spring Starter Motors

Bid Deadline:

Monday 20th June 2022 at 4pm BST



DOWNLOAD NDA HERE

Project Activate

An opportunity exists to purchase the business and assets of a market leading manufacturer of Spring Starter Motors.

  • Long established business formed from the merger of two respected companies
  • Renowned product range with new products under development
  • Covering an extensive range of diesel engines from major manufacturers
  • Good customer database with Europe wide distributor network
  • Fully equipped factory, South East England
  • Current stock holding with a cost price c. £90,000
  • Experienced and skilled employees
  • Turnover year ended 31 July 2021 c.£290,000 (Pre-pandemic c.£400-£500k)

Offers are invited for the business and assets of the Company including the starter motor designs and associated intellectual property rights, the brand, plant and equipment, stockholding along with the existing trade and goodwill.

Sale Process

The deadline for offers is 4pm BST, Monday 20th June 2022.

On receipt of a signed non-disclosure agreement (NDA) access will be provided to a virtual data room housing additional information. To access the NDA please click the link, sign and return via email to apercival@hilcoglobal.eu.

CLICK HERE TO DOWNLOAD NDA

Key Terms & Conditions

The bidder acknowledges that Hilco acts as an agent for the proposed administrators who offer for sale only what right, title and interest the Company possess in the assets. Such sale will be without any warranties, expressed or implied. The information provided has not been verified by Hilco or the proposed administrators and bidders are deemed to have carried out their own due diligence.

Contacts

Roland Cramp MRICS

Senior Director

London Office

+44 (0) 7710 152668

rcramp@hilcoglobal.eu