Summary
Become an owner in the very feasible heavy industrial machine sector.
Introduction:
This business is a major role player in the African continent in the heavy industrial machine industry, operating as a group of companies focused on the purchase, refurbishment and resale of premium used earthmoving machinery.
With a trusted presence across the African continent, this company serves mining, construction and infrastructure development companies that require reliable machinery without the premium costs of brand-new equipment.
This company has become known as the best consistent company in Africa to supply “as good as new” refurbished machinery to their clients. This goes hand in hand with their exceptional after sales service.
This is a rare opportunity to obtain a well-managed and well-structured company that is a leader in their field in Africa, with clients in the mining, construction, logistics and infrastructure developments sectors.
Their competitive advantage lies in the rotation of heavy machinery like excavators/bull dozers/loaders/graders etc. supported by dedicated workshops with qualified experienced staff.
Financials:
Annual NP (EBITDA) R120 million.
Asset base includes extensive inventory backed by logistics support.
The revenue is derived from margin based sales of refurbished equipment, servicing, trade-in-programs and optional finance support.
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