Home
Distressed Businesses
  • All Distressed Businessess
  • Administrations
  • Liquidations
  • Winding Up
  • Insolvency Advice  New
Buy a Business
  • All Businesses for Sale
  • Find a Business for Sale
  • Raising Business Finance
  • Buyer Acquisition Service   New
  • Escrow Service   New
Sell a Business
  • Sell Your Business
  • List your Business
  • Seller Accounts
  • Need Help Selling?
  • Help With Finance New
  • Business Valuation
  • Business Wanted Adverts
Insights & News
  • View All News
  • View All Insights
  • Exclusive Insights New
Lens
  • Search all UK Companies  New
Log in
Join Now

Home / News / Sample book and shade card manufacturer acquired from administration

Sample book and shade card manufacturer acquired from administration

Fri, 17 Jan 2020 | BUSINESS SALE



The business and assets of Yorkshire-based display products maker Travelfast Ltd have been acquired from administration.

Travelfast, which trades as Sampling International and is based in Batley, West Yorkshire, has designed and manufactured display products including sample books and shade cards since it was established in 2009.

In March last year, it became part of Bath-headquartered investment company Chelverton Equity Partners’ (CEPS) trading company CEM Press Ltd. This acquisition saw it join CEPS business portfolio along with fabric manufacturer CemTeal Ltd.

With the £1.2 million acquisition Of Travelfast Ltd, CEPS hoped to create one of the UK’s largest pattern book and shade card manufacturers, operating from two production facilities.

In December 2019, however, CEPS said it would divest its investments in CEM Press and Travelfast Ltd, saying it was unable to achieve cost savings "despite management's efforts and cash injections from since March 2019".

This month, CEPS appointed Moorfields Advisory Limited as administrator and recommended an accelerated marketing process with a view to a sale of the businesses.

Moorfields has now sold Travelfast’s business and assets to the newly formed company Sampling International Enterprises Ltd, which will continue trading as Sampling International.

The new company is connected to Travelfast founding member and former major shareholder Stephen Hubbard, who became Managing Director of CEM Press Limited when Travelfast was acquired in March last year.


Share this article



Latest Businesses for Sale

Specialist Pump Manufacturer
West Midlands, UK

This is a long-established specialist pump manufacturer for sale, supplying key industries with a blue chip customer base. Products are unique, high-end and made from stainless steel. The business also specialises in stainless steel fabrication work.

Asking Price: Offers Invited
Turnover: £560,000

FREEHOLD


Powder Coating Business
North West, UK

The company offers pre-treatment and coating services to a diverse client base across the engineering and manufacturing industries. Recurring revenue, and steady growth.

Asking Price: Offers Invited
Turnover: £702,000

LEASEHOLD


Scaffold Tower and Associated Parts Manufacturer
South of England, UK

The business has traded successfully for many years, with an outstanding reputation amongst customers. The business is being offered to the market as the owner looks to realise both their financial and time investment in this highly successful busine...

Asking Price: Offers Invited
Turnover: £4,000,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
24
 
Jun
 

E-commerce imports retailer up for sale for £1.6m | BUSINESS SALE

Deals Incorporated, a Manchester-based e-commerce retailer t...

 
23
 
Jun
 

Auto Trader completes acquisition of Autorama at nearly 16x gross profits | BUSINESS SALE

Auto Trader has completed the acquisition of new vehicle lea...

 
22
 
Jun
 

Acquisitive ESG consultancy set to be sold | BUSINESS SALE

An acquisitive environmental and sustainability consultancy ...

Free guide: 10 Biggest Buyer Mistakes

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

Email


Related News

 
14
 
Jun
 

Loughborough company files notice to appoint administrator | ADMINISTRATION

Sunline Direct Mail (SDM), an e-commerce and direct mail fir...

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

Become a Member

News Categories

  • - Business Sale
  • - Division Sale
  • - Administration
  • - MBO/MBI
  • - Merger
  • - Commercial Property

View all news


About Us

Business Sale Report is the UK's leading independent business for sale & distressed business listing service. Established in 1995, the report offers an up-to-the-minute, comprehensive overview of businesses for sale, latest distressed business listings and daily acquisition news.

Our Services

Businesses for Sale
Distressed Companies
List a Business
Help with Finance
Buyer Acquisition Service
Small Businesses for Sale

Company

About Us
Insights
News
FAQs
Reviews
Terms & Conditions
Privacy Policy

Get In Touch

020 8875 0200
[email protected]
167 Oakhill Road, London, SW15 2QW
Working hours: Mon-Fri, 9am - 5:30pm


Sign up to our free newsletter



© 1995-2022. Business Sale Report Ltd. All rights reserved. www.business-sale.com.