Summary
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
Give me more informationBackground and History
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, 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
Products and Services
Upgrading/refurbishment of heavy machinery and then sell these machines/equipment
Financials and Forecasts
Annual NP (EBITDA) of 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
Selling price
R650 million

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