A reputable engineering company with 20 years’ experience delivering equipment & process solutions for a number of industries across Ireland including medical, oil & gas, aerospace & precision companies.
Key Aspects
• Provides after sales service & technical support for all equipment sold.
• Products are long lasting & are delivered with full documentation.
• 14 designs of machines are in repeat production for target sectors.
• Significant custom from blue-chip companies.
• 52.5% of revenue is due to annual repeat consumable & spares business. These processes are validated & the supplier is a single source for these.
• Dedicated equipment lab allows the company to develop processes for new product introduction.
• Investment in regular research & development keeps products ahead of the competition.
• Market sector growing annually at a rate of c15-20%.
Opportunities
• Potential to sell existing range of manual machines globally to the medical industry as all 3 currently medical device manufacturers in Ireland use Ciclope manual machines.
• Opportunity to sell cells internationally & provide turnkey software programs with them.
• Opportunity for an acquirer in the manufacturing industry to gain access to complementary a range of high margin products.
• Excellent opportunity for an acquirer operating outside of the Republic of Ireland to establish a foothold in the Irish industrial sector.
• Potential for global sales of ciclope machines to specialised industries.
