Completed sale
private buyer Acquires Spafield Display Manufacturing & Engineering Company | Case Study
Spafield Display Ltd has been manufacturing bespoke plastic displays in West Yorkshire for over 25 years.
Over the years Spafield Display has grown to become one of the UK’s leading point of sale and point of purchase display manufactures.
The company offers material and design-based solutions to an international customer base. Furthermore, Spafield Display Ltd’s customer base includes several blue-chip customers who have stayed with the business for over 20 years.
The company was highly attractive due to an annual turnover over £1.4 million and the 10,000 sq ft leasehold premises with access to a further 5,000 sq ft of space through a mezzanine floor. In addition to this the owners had sourced a candidate to fulfil the exiting director’s duties upon completion.
This resulted in Spafield Display Ltd receiving multiple offers and achieving a deal value of 5x Adjusted EBITDA.
The deal was overseen by Taylor Smith, Knightsbridge Commercial Executive, who was praised by the client for his ability to keep them informed throughout.