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LYMINGTON PRECISION ENGINEERS

TRADE SALE, TMT

Lymington Precision Engineers Co Ltd is a leading manufacturer of precision machined components, fabrications, assemblies and kit sets for the Oil and Gas, Telecommunications, Aerospace and Defence, Land and Sea Systems, Nuclear and Marine industries for over 30 years.

KEY DEAL CHARACTERISTICS

  • £22m MBO of precision engineers

  • Large customer concentration

  • Previous decline in turnover

  • Management team taking significant cash out on completion

  • Vendor collecting all monies on completion

  • Deal completed within 4 months

“I COULD NOT BE MORE PLEASED THAT WE USED ANDREW AND CRAIG TO ASSIST WITH THIS TRANSACTION IT HAS BEEN A REAL PLEASURE TO WORK WITH THE TEAM.”

Tony Chalk
Managing Director
Lymington Precision Engineers