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Timber Harvesting Company - Fleet Of Specialised Machinery In Ireland For Sale

Ireland
Asking Price:
Undisclosed
Turnover:
€2,800,000
Net Profit:
€1,900,000

Forestry contracting company specialising in the mechanical harvesting of timber, from plantations owned by the State-owned company & a number plantation owned & managed by private forestry companies. It also provides a brash removal service from harvested sites for the supply of material to the bio-energy industry. The company operates an advanced fleet of specialised modern machinery for effective & efficient work for their customers.

Key Aspects

• Well-established business with a strong reputation for professionalism & speed of delivery services.
• Offers a cost-effective service for rapidly clearing & thinning densely populated forests.
• Recently signed 3x 8-year contracts with an approximate value of €25m to total.
• Furthermore, the company has successfully secured a new 8-year contract with Coillte, scheduled to commence in January 2024.
• Also holds further contracts for the next 2 years to the value of €2m on an ongoing basis.
• Boasts high quality harvesting & forwarding technology.
• 100% client retention rate over the last 5 years.
• Consistently traded throughout 2020, despite the pandemic.
• Long standing relationships with key supplier networks.
• Secures a high level of repeat custom – 95%.

Opportunities

• Potential for an international company to gain a strong foothold in the European Forestry markets.
• A trade buyer with similar knowledge of the company’s experience serving its targeted industries.
• An existing forestry contractor could find this a suitable bolt on opportunity to their own operations & benefit from consolidating market share across ROI.
• Excellent opportunity for an acquirer with a similar operation or an investor with interests in harvesting, sawmilling, landscaping, etc. to gain access to a harvesting company with skilled personnel, state-of-the-art machinery & long-term client relationships across Ireland.