Thu, 12 Apr 2012 | BUSINESS SALE
BRM Packaging has been sold to investment firm J Mindal for an undisclosed sum, it has been revealed.
The company, based in Wolverhampton, has a turnover of around £2 million and employs 45 people. The deal with Mindal secures the possibility of expansion and the more jobs in the future.
International accountancy firm Mazars advised on the sale, which, according to the Birmingham Post, was done for an undisclosed sum. It comes after managing director of BRM, Neil McLaughlin, took retirement. He is also the major shareholder and will remain with the company in a non-executive, part-time advisory position.
BRM is a well-established plastic thermoforming and contract packing business. Its main customers are in the industrial, electrical and domestic product-related sectors. Blister pack and point-of-sale products are the focus of its efforts in both the commercial and retail markets.
Speaking to the paper, Ian Taft, owner of J Mindal, commented on the purchase: “It is our intention to build on the company’s good reputation and we will be listening to our customers to see how we can grow our business with them.
“In addition we will be implementing a controlled programme of new investment in the company going forward which will generate new opportunities for local employment.”
Once a thriving online garden centre started in 2018, after an internal dispute the business stopped trading in 2022. In a space of just 3 years the business achieved £500k in turnover. This is a perfect opportunity for someone looking for a new...
Presenting an opportunity to acquire a very profitable plumbers and heating merchants business operating nationwide.
Popular and well-regarded Sushi and Ramen restaurant and takeaway, which is situated in a prime city centre location in Norwich. The premises are set over three floors and are presented to an extremely high standard throughout and offers the opportun...
LEASEHOLD
26
|
Apr
|
Major double glazing firm Everest enters administration | ADMINISTRATION
Everest, one of the largest providers of double-glazing in t...
26
|
Apr
|
Kent-based scientific consultancy sold to US firm | BUSINESS SALE
A4P Consulting Limited, a scientific consultancy company hea...
25
|
Apr
|
Ambulance services provider acquired in pre-pack deal | BUSINESS SALE
Elite Emergency Medical Services Ltd (Elite EMS), an ambulan...
07
|
Jul
|
South west café chain sold after falling into administration | BUSINESS SALE
South west-based café chain Friska has fallen into ad...
06
|
May
|
Cheshire-based wholesaler goes into administration | ADMINISTRATION
Cheshire-based wholesaler Scott Brothers Limited (SBL) has g...
15
|
Apr
|
Bristol-based transport training company goes into liquidation | ADMINISTRATION
Bristol-based transport training course provider PB Transpor...
Business Sale Report is your complete solution to finding great 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.