Kings Corporate is pleased to announce the sale of Norfolk based engineering company, Van Driel Engineering Ltd, to Manchester Technical Innovations Ltd.
Established by the vendor over 30 years ago, Van Driel offers design, engineering and fabrication of a wide range of products for both commercial and domestic customers across the UK and undertakes a variety of steel work for theatre, film and TV.
Located in East Harling in South Norfolk, Van Driel Engineering has built a name within the industry for providing high quality work along with excellent customer service. With the owner planning for a change of pace as they look to retire, this well-established business came to market as an exciting prospect to develop for future growth.
Having generated considerable interest in the opportunity, Kings Corporate Deputy Manager, Laura Ferguson, identified the ideal buyer in Manchester Technical Innovations Ltd.
Commenting on the acquisition, the buyer said:“We’re proud to welcome Van Driel Engineering into the Group. It’s a well-run, long-established business with a great reputation and staff – and we’re excited to support its next chapter.”
The client stated: “Laura kept the whole process going and kept us informed the whole way. I strongly recommend going through Kings Corporate if you’re selling your company. Laura and the team were a pleasure to work with!”
Laura Ferguson added: “Over the past three decades my client built a successful business with a reputation for quality and excellence, so I am delighted to see the business handed over to a buyer who will continue to build on this legacy. I wish my client all the best with their plans for retirement and look forward to seeing the new owners, together with the previous owner’s son, take the business forward.”
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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.
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