Custom Vehicle Coachbuilding Specialist

Offer Deadline:

Offers Invited



DOWNLOAD NDA

Hilco is instructed to offer for sale the business and assets of a highly acclaimed UK based custom vehicle coachbuilder, operating across multiple sectors. The Company leverages its renowned engineering expertise to deliver market-leading products.

Business Highlights

  • Long established business trading for c. 75 years, offering high quality critical or ceremonial vehicles and recognised as one of the leading coachbuilders in the UK.
  • In-house engineering expertise, providing structural vehicle modifications for combustion, hybrid and electric vehicles.
  • Customer Partnerships – long-term partners providing recurring revenue from post sale services.
  • Diverse product range – Providing mid-range volume products alongside premium offerings and specialist conversions across multiple sectors.
  • Global Brand Presence – UK based and winner of numerous awards, combined with established export links, resulting in global brand recognition.
  • Experienced and knowledgeable team of c. 80 employees.
  • Extensive work in progress with in excess of £2.8m to invoice over 24 projects.
  • Turnover 12 months to March 26 – c.£12.6m.

Available Assets

WIP – The significant value of current work in progress, tendered and prospective projects.

Stock – The stock of motor vehicles, spares and parts.

Plant & Machinery – The machinery and equipment used in the customising of vehicles.

Leasehold Property – The leasehold properties used for manufacturing and operations.

Employees – The team including key fee generating employees with strong client relationships, and skilled engineering team.

Intellectual Property – The established brand name protected by a trademark, various domain names, copyright in the website content, database of subcontractors and suppliers, social media accounts.

Customer Database – The valuable customer databsase.

Company Infrastructure – The proven company systems, procedures and infrastructure.

Goodwill – The valuable goodwill attaching to the business.

Sale Process and Further Information

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 [email protected]

Key Terms and Conditions

No warranties, express or implied, are provided in relation to any information or statements made in connection to this opportunity. The information contained herein, and within the project dataroom, has not been verified by Hilco and prospective purchasers must undertake their own due diligence to satisfy themselves as to the accuracy of all such information and any statements made. Hilco’s full Terms and Conditions apply.  Hilco acts as agent for the Vendor who offers for sale only such right, title and interest the Company possesses in the assets.

Contacts

Myles Hall

Analyst

London Office

+44 (0) 7513 830357

[email protected]

Alfie Turner

Appraiser

Southampton Office

+44 (0) 7720 160373

[email protected]

Tim Salter MRICS FAAV

Director

Southampton Office

+44 (0) 7513 830397

[email protected]