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

Contacts

Nick Hughes MRICS

Senior Director

London Office

+44 (0) 7979 541238

nhughes@hilcoglobal.eu

Roland Cramp MRICS

Managing Director

London Office

+44 (0) 7710 152668

rcramp@hilcoglobal.eu

Ian Bacon MRICS

Managing Director

Birmingham Office

+44 (0) 7787 298755

ibacon@hilcoglobal.eu