M T M Engineering & Moulding sold to GHG Group Limited
M T M Engineering & Moulding is a well and long established precision engineering and injection moulding business in Hyde, Cheshire. An experienced industry player, with operational roots dating back over 40 years, M T M has established deep and long lasting relationships with core commercial clients.
The seller attempted going through various other brokers. But a sale did not materialise with any of them. After four years of unsuccessfully trying to sell his business, the seller decided to instruct Kings Corporate, with a sale agreed in around 6 months. The buyer, owner of 2 manufacturing businesses based in the North West, was attracted to the business by the high level of synergy with his current operation.
Our client’s comments on the RDK sales process were: “Brilliant, the business has been on the market for 4 years with a number of different brokers. We came on with Kings in the new year and they have sold It! I engaged Kings Corporate to sell my business in February. By the beginning of November a deal was completed.”
The buyer confirmed: “The experience with Kings has been a great one. I cannot fault it. The service provided by them has been good and responses have been speedy.”
Corporate deal executive, Tasha Perrin stated: ‘’It was a pleasure to broker this deal on behalf of the vendor. All parties worked smoothly together to a timely conclusion. I wish Mr Oldham the best in retirement and Mr Harrop luck in his future ventures.’’
Are you thinking of selling your business?
If you are considering selling your business and have any questions about what you may need to consider, then one of our experienced sales negotiators are always here to chat through any important points you may want to discuss:
Are you looking to buy a business?
If you are looking to purchase a business, then the Kings sales team are here to work with you. Perhaps you are considering entering a new market or expanding your presence within an existing one? Whatever stage you’re at Kings Corporate have a wealth of opportunities that may be of interest to you.
