Active
Industrial Coating and Converting
An exceptional manufacturer with a diverse, captive, and rapidly growing customer portfolio in the coating and converting products segment is for sale in the Greater Toronto Area. With a projected EBITDA of $1.7M for fiscal year ending May 2023, this company’s earnings have risen by 62% since 2022 and 20% from 2021 to 2022. By continuing to focus on developing customized technical solutions for new and existing customers with unique pressure-sensitive and environmental-barrier requirements and applications, the company continues to grow its high-value product offerings across a multitude of industries with its customers being reliant on a variety of new and existing product SKUs with varying applications. The owner, who is eventually looking to retire, would be interested in remaining onboard post-closing to seamlessly transition ownership of the business and be part of its continued trajectory of extreme growth as existing products gain traction in the marketplace and new products keep entering the sales pipeline.
Listed By: Gary Brooks
Background information
Reference:
128693-GB
Reason selling:
Retirement
Finance
Sales:
$6,000,000
Profits:
$1,700,000
Profit type:
EBITDA
Premises
Square footage:
13,000
Price and terms
Price:
Undisclosed