Completed sale
How The Premier Plating Company Manufacturing & Engineering Was Sold to SBM Coatings | Deal Summary
The Premier Plating Company provides wide range of electroplating and metal finishing services, primarily to businesses operating in the engineering and manufacturing sector. The company is based in Northumberland and has been in operation for over 24 years. Over the years The Premier Plating Company has developed an excellent reputation with multiple clients remaining with the business for over 10 years.
The shareholders approached Knightsbridge with the sale of their business due to a change in their personal circumstances.
Knightsbridge then implemented a diverse research strategy, which generated a wide range of interest including 36 interested parties, 6 meetings and 2 competing offers.
The successful offer came from Ben Morris, as a bolt on acquisition for is existing business SBM Coatings Ltd.
The Premier Plating Company was advised by Knightsbridge Commercial Director, Sara Thomasson, throughout the process.