KBS Corporate Advises on Sale of Ingenieur Limited
Ingenieur Limited is a well-regarded precision engineering company supplying complex components to the aviation, defence, oil and gas industries. The company has experienced considerable growth since its inception, with its reputation for an exceptional service, knowledgeable workforce and high-quality products ensuring the continued strength of the business. Ingenieur Limited was established over 40 years ago and over this time has developed relationships with blue-chip clients which it has held for in excess of 20 years.
Stephen Hill and Dermot Mullins, the shareholders of Ingenieur Limited, instructed KBS Corporate with the sale of their business to enable them to pursue alternative, unrelated interests and a lifestyle change.
The opportunity attracted an impressive 70 interested parties, the majority of which came from UK and oversees trade buyers. This interest was able to produce three offers.
The successful offer came from G&J (CNC) Limited who specialises in CNC machines and tooling to produce small metallic components. The acquisition will enable G&J (CNC) Limited to expand their existing group of companies.
Leo Freschini, Corporate Deal Executive at KBS Corporate, advised Ingenieur Limited.