Sale completed of refrigerated display equipment manufacturer

Tue, 17 Mar 2015 | BUSINESS SALE

The sale of a refrigerated display equipment manufacturer has been completed by a corporate finance firm.

Manor Concepts Limited, based in Bedfordshire, has been acquired by Arneg S.p.A, an Italian retail equipment firm that operates at a global level. The sale was facilitated by Northamptonshire-based corporate finance specialists Watersheds.

Manor Concepts was originally founded in 1996 by Neville Ball and David Winstanley and now has an estimated turnover of £15 million. Arneg operates 20 factories and has offices in 25 countries worldwide.

Watersheds completed the sale in under nine months after detailed negotiations, matching the two firms on shared characteristics.

Watersheds director Richard Buzzoni said: “The strategic fit of Manor and Arneg was clear from the start. While selling to large overseas buyers can be complex and challenging, it can offer a near perfect result for the shareholders, the company and the staff. I am confident that the acquisition by Arneg is just the start of an even greater future for Manor Concepts and its people.”

Manor Concepts' managing director Michael Tucker added that Watersheds provided key guidance and support throughout the sale process so that the firm could continue trading while a sale was successfully negotiated.
______________________________________________________________________
Related information:
Buying a business? Browse our latest listings
How M&A and organic growth can prove an invaluable way of expanding your business


Share this article



Latest Businesses for Sale

Major Event Recycling/Waste Management
UK Wide

Debt free. High profile events. Reactive marketing. Unique equipment/plant. Relocatable. Unrivalled sector experience. Term contracts. Offers invited.

Asking Price: Offers Invited
Turnover: £710,000

RELOCATABLE


Market Leading, Certified IT & Technician Training
UK Wide

IP Included. Repeat business. Excellent reputation. Accredited/Certified. Asset and goodwill sale. Market leading in growing niche. Offers Invited.

Asking Price: Offers Invited
Turnover: £659,953

RELOCATABLE


Transport & Haulage Specialist
East Midlands, UK

Specialises in flexible and reliable bulk haulage solutions of aggregates, cement and other building materials. Offers invited.

Asking Price: Offers Invited
Turnover: £3,300,000

FREEHOLD



View more businesses for sale

News Search

Latest News

 
25
 
Mar
 

West Midlands transport company enters administration | ADMINISTRATION

The company behind the Ring and Ride services throughout the...

 
22
 
Mar
 

Scunthorpe nightclub up for sale | BUSINESS SALE

A former nightclub based in Scunthorpe has been put up for s...

 
21
 
Mar
 

Kent Logistics provider completes a successful acquisition | BUSINESS SALE

A Kent-based personalised logistics provider, backed by Livi...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
06
 
Oct
 

RTS undergoes successful MBO | MBO/MBI

Automotive training agency RTS has been acquired by its mana...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources