Electric Vehicle Conversion Company

Expressions of Interest Due:

Monday 10th October at 12pm BST

DOWNLOAD NDA HERE

Project Volt – SOLD

The opportunity exists to purchase the business and assets of an electric vehicle conversions company with a high profile that is well positioned to expand into multiple vehicle sectors ahead of 2030 net zero targets.

Created the world’s first fully electric London Black Cab with 261 vehicles sold
Diversified into new products due to the effects COVID19 had on donor vehicle supply
Operates from Coventry in the Midlands
5 employees
2021 turnover c. £4.5m
Assets available or sale comprise the fully fitted leasehold premises including machinery/tools, stock and intellectual property (customer database, automotive contacts, Goodwill/IPR, EV Expertise)

It is envisaged this will be an asset sale only out of Administration. The purchaser will require initial starting capital and longer term investment to develop and grow the business.

Sale Process

The deadline for expressions of interest is 12pm BST on Monday 10th October 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.

DOWNLOAD NDA HERE