FY21 T/0 $1.3m, EBITDA margin 50%, Price: EOI
This business is a leader in an exclusive, ever expanding global market for vehicle accessories manufacturing with limited competition, protected by international patents and trademarks in Australia and other major international markets. The name is synonymous with good design, quality and service.
The company manufactures in Australia, producing distinctive, globally competitive products for fleets and truck makers. The business is primed for the next stage of growth.
There is a significant opportunity to expand the company’s products into major global markets already under patent protection. Industry growth is being driven by demand for timely delivery of quality parts and accessories and aftermarket products. Fleet Operators demand products which build their own reputations for workplace safety and operational efficiency and this business focuses on meeting these needs.
Key features of this business include:
- A focus on efficiency and safety solutions underpinning a reputation for producing quality parts which result in high client retention rates
- Local manufacturing keeping production costs low, increasing time to market and profit margins; and delivering effective products on the world market at competitive prices
- Undertaking technical research and development to design innovative and quality products, increasing competitiveness and barriers to entry.