Fri, 06 Jun 2025 | BUSINESS SALE
Severn Thermal Solutions, a Gloucestershire-based business that makes and designs advanced furnaces, has been acquired by a listed buy-and-build group in a deal worth £4.75 million.
Based in Dursley, Severn Thermal Solutions’ furnaces are used in sectors including aerospace, nuclear and semiconductors. The firm works with businesses that require advanced material testing and processing for niche scientific products.
The company’s systems are capable of reaching temperatures of over 3000°C or close to absolute zero. The acquisition provides SDI Group with an expansion into the controlled environment market, as well as access to a global, blue-chip customer base.
Cambridge-headquartered SDI Group Plc is a buy-and-build specialist accruing a portfolio of small and medium-sized businesses with specialist industrial and scientific products. The group targets businesses within growth sector niches that help to solve specific customer challenges. SDI Group specialises in acquiring and developing designers and manufacturers of specialist products utilised in lab equipment and industrial and scientific sensors.
Discussing the group’s latest acquisition, SDI Chief Executive Stephen Brown said: "Severn is a growing, profitable business, aligning with our key investment criteria of targeting scientific and industrial niche markets with global reach. Severn benefits from a strong, experienced management team who will remain in place, maintaining its sustainable sales pipeline, supported by significant international exposure.”
"We are excited by the prospects for this acquisition, both as a standalone entity and in the cross-sell opportunities to other businesses across the group. We continue to pursue our acquisitive growth strategy alongside our organic growth programme."
In the year to September 30 2024, Severn Thermal Solutions reported turnover of £2.42 million and adjusted EBIT of around £880,000 (adjusted to reflect the company’s cost base as part of the enlarged group), as well as reported EBIT of £1.06 million (all unaudited).
Find out more about different M&A growth strategies:
The BSR guide to roll-up business acquisition strategy
An in-depth look at the Corporate Compounder M&A model
Explore the chance to acquire a leading and highly esteemed manufacturer's representative with a solid industry reputation.
This opportunity involves acquiring a reputable manufacturer of marine monitoring systems, known for delivering advanced solutions to ensure safety and efficiency in marine operations.
A unique opportunity to acquire a reputable manufacturer specialising in innovative exterior LED lighting solutions, known for quality and sustainability.
20
|
Jun
|
Cumbria engineering firm acquires precision engineering business | BUSINESS SALE
Forth Engineering, one of Cumbria’s leading engineerin...
19
|
Jun
|
Administrators appointed at Devon machine building firm | ADMINISTRATION
A machine building firm in Devon with a history dating back ...
19
|
Jun
|
Hull biomass facility acquired out of administration | BUSINESS SALE
An advanced biomass facility near Hull has been acquired aft...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.