Client – Vesseltec UK Ltd – Sophisticated Pressure Vessel Manufacturer. Tier 1 Supplier to Pharmaceutical Sector.
Instruction – Disposal of business to trade buyer.
Role – Review market opportunities, benchmarked possible share price, source trade buyers based on management culture and ethos. Generate sealed bids. Manage all sale process through to Completion.
Result – 3 trade buyers through to final bidding. Secured final offers from Tower Growth Management LLP. Sale completed and Vesseltec Ltd added to the portfolio of nine engineering companies that form part of TGM Ltd.