KBS Corporate advises on the sale of Loxton Installations
Loxton Installations is an established industrial electrical contractor based in Kent.
The company was established as Landrake in 1976 following a merger with Loxton Engineering. In 1977, the company rebranded as Loxton Installations. The company operates across a range of sectors from printing to food production; providing power, control and data cable installation; proactive maintenance; lighting design and installation services.
Due to the wide variety of services available and the quality of Loxton Installations’ work, the company has established long-lasting client relationships, several of which span over 40 years.
Loxton Installations has received many accolades over the years including the Institute of Civil Engineerings’ Engineering Excellence award in 2014. The company has also earned multiple safety accreditations such as Safe Contractor and membership of the British Safety Council.
The shareholder of Loxton Installations instructed KBS Corporate with the sale of their business in order to phase into their retirement plans. This would allow for a gradual reduction of involvement in the business, whilst further allowing growth under new ownership.
Succeeding KBS Corporate’s effective research strategy, 34 interested parties came forward with three significant offers being presented. The majority of interest was generated from trade however, there was also noteworthy attention from private investors.
The ultimate offer was made by a private investor who intends to build a group of companies providing services related to the construction sector.