FABRIFORM SALE STRENGTHENS ONGOING RELATIONSHIP

An acquisition of Fabriform Engineering is not the last deal that buyer Jeremy MacKenzie plans to conduct with KBS.

Annie Shiel, KBS Corporate Associate Director, oversaw the sale of Fabriform, a Lincolnshire-based quality fabrication and machining specialist which serves a variety of industries, including food and chemicals.

Working in a wide range of materials from stainless steel and aluminium to plastics, Fabriform produces fabrications for projects including walkways, gantries, machine guarding, conveyors, tables and pipework.

In conjunction with its machine shop, the company, which was incorporated in 2002, also offers a repair service and has built up a consistent reputation for quality in all work undertaken.

Vendors Andy and Louise Turner were keen to agree a sale that would enable their eventual retirement and after two serious buyers emerged, the offer from Jeremy MacKenzie was accepted.

Jeremy saw Fabriform as a suitable fit for his existing complementary engineering businesses with the aim of cross-fertilisation.

“We plan to expand the existing premises and to market their product countrywide,” said Jeremy, regarding his plans for Fabriform. “The two current managers/directors are remaining in running the business.

“I was very satisfied with the role KBS played in the deal and I am in the process of buying another company through KBS.”

Annie Shiel was also happy with the end result, saying: “It was a lengthy process but the sellers remained dedicated to the process throughout to achieve the end goal of a completion.

“It has been a pleasure working with all involved in this transaction.”