CMR DEAL PROVIDES “NUMEROUS EXCITING OPPORTUNITIES” - KBS Corporate

CMR DEAL PROVIDES “NUMEROUS EXCITING OPPORTUNITIES”

Calibration Maintenance & Repair has been sold to DM Calibration in a deal overseen by Andrew Dodd, KBS Corporate Director.

Calibration Maintenance & Repair (CMR) has been sold to DM Calibration (DMC) in a deal overseen by Andrew Dodd, KBS Corporate Director.

Established in 1989 by Phil and Dawn Clark, CMR has facilities in Norwich and Gateshead, providing a comprehensive range of calibration services and products.

CMR specialises in the calibration of accelerometers, charge amplifiers, vibration controllers, sound-level meters, helicopter balancers, spring hammers and impact hammers.

Following a strong number of expressions of interest and a competitive bidding process, the successful offer came from Hertfordshire-based DMC – which will seamlessly integrate CMR into its group over the coming months, whilst preserving its autonomy, expertise, character and high level of service.

The sale enabled Phil and Dawn Clark to facilitate their retirement plans.

In marketing the opportunity, it was the responsibility of Tamsin James, KBS Corporate Senior Document Writer, to focus on CMR’s many strengths in preparing the presentational documents.

“Calibration Maintenance & Repair’s profitability and excellent foothold within the sector provided a strong base to create the marketing materials from,” explained Tamsin. “Our clients provided in-depth information at the start and ongoing support to help me to create a compelling narrative, which is always a pleasure. I wish them a very happy retirement!”

Georgia Rothwell, KBS Corporate Senior Research Analyst, who coordinated the buyer research process, never doubted that the shareholders’ exit objectives would be fulfilled.

“With CMR’s excellent reputation, unique offerings within the fast-growing calibration industry and KBS’ proven track record in this field, a successful transaction was inevitable,” said Georgia.

“CMR generated significant interest from a broad range of buyers, including private equity houses, national and international competitors and synergistic buyers such as DM Systems. I wish all parties the very best for the future, and our clients a very happy retirement.”

Ken Ward, Managing Director of DMC, commented: “This acquisition is an important step in our customer-centred growth plans, ensuring DMC capitalises on the numerous exciting opportunities to provide ‘best-of-class’ calibration services.

“Our aim is to invest further to enhance the operational capabilities of the combined businesses, thus continuing to deliver unique and superior value to our customers with further improvements over and above our current service.”

Andrew Dodd was delighted to have conducted a process that was completed to the satisfaction of all parties, saying: “Both CMR and DMC were an absolute pleasure to work with and I wish our clients all the very best for their retirement.”

And those feelings were certainly reciprocated, with Dawn Clark commenting: “Thank you to all at KBS, especially Andrew, for their help and guidance in the sale of CMR.

“Andrew was always there for us and we really appreciate the time and effort he gave us. I will miss our chats!”

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