ACQUISITION OPPORTUNITY | Project Jaguar (“the Company”) LEADING UK AEROSOL FILLER & LIQUID PACKER Duff & Phelps has been retained to seek a purchaser for the Company’s business and assets. All communications, enquiries and requests for information should be addressed to the following professionals: Matthew Peat – Director Tom Bond – Senior Associate
[email protected] [email protected] + 44 (0) 16 1827 9163 + 44 (0) 16 1827 9166 To find out more about Duff & Phelps Ltd. and other businesses available for sale visit www.duffandphelps.com/uk-restructuring. Business Description / Opportunity Overview Historic Financial Performance • The principal activity of the Company is the contract filling of aerosols and liquid Profit & Loss Account FY18 12 Mnths to Sep-18 packing. £'000 • The Company was incorporated in 2002 and trades from its site in the north of England. Turnover 5,874 The site consists of three leasehold warehouses, which contain the Company’s Costs of sales (4,420) production lines, stock and back office function. The Company employs 24 members of Gross Profit 1,454 staff. 24.8% • The Company has three operational production lines, with a fourth currently being Overheads (1,434) installed. The new line is anticipated to be operational in April 2020 and will be the EBITDA 20 Company’s most efficient and fastest line, with the potential of providing significant cost Depreciation (41) savings. Amortisation (12) Interest (27) • Butane gas is the key raw material used in the production process of aerosol products. Profit / (Loss) before tax (60) The Company has the facilities to store up to 12 tonnes of gas onsite at any one time.