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The owner of this business, a true entrepreneur, identified an opportunity in the alternative energy field in 2006 and started manufacturing small control panels and servicing of generators in his backyard. From there they rented premises and acquired the necessary fabrication equipment to manufacture their own products.
Today they are a leading manufacturer of Industrial Diesel Generators and Control Panels. They also specialize in PLC control designs for complex solutions in the field of standby generators and control panels. In addition they do Uninterrupted Power Supplies and have diversified into the field of Alternative Energy Solutions. They have a division responsible for installations, service level agreements, repairs and monitoring of all their products.
Their point of differentiation is their ability to customise the design of generators and canopies to customer specification and requirements, and their back-up service by overseas trained and schooled technicians that ensure their customers experience minimum downtime. Their target market is the business market that requires individual solutions. They also manufacture smaller generator sets which are sold to distributors who brand it under their own names.
They have provided alternative power supplies for projects as diverse as marine agriculture, government water services, vehicle manufacturing, food processing, hospitals and low-temperature cold storage and several projects in sub-Saharan Africa. They have joined forces with companies in various countries to ensure optimal support across the African continent.
Ageing infrastructure and power shortages, along with Africa’s growing energy demands, are driving demand for alternative power supplies, and opportunities for growth in this sector are unlimited. The owner, however, is reluctant to commit more of his own capital to the business as he is nearing retirement age and wishes for a change in lifestyle. This is a family business with several family members occupying key positions in the company, all of whom are committed to remaining on for a negotiated period to ensure a smooth transition.
As per the seller's request, this business is only available to interested parties that have the necessary funding to purchase the business outright. It is not suitable for parties wishing to access government funding or use the business assets or Balance Sheet to raise funding.
The one property they operate from is owned and for sale in a separate transaction.
Business price excluded VAT but the transaction can be zero-rated depending on the purchaser's VAT status. Full financials will be made available to qualified buyers only.
The business is located in an industrial area.
Main premises are owned and for sale in a separate transaction with the business.
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