PAL Electrical Wholesale Limited - A Successful Retirement Sale.
Sector : Wholesale Businesses
Listed on : 26 June 2011
Established in 1989, PAL Electrical Limited supplies a wide selection of electrical components, spares and replacement parts – any type of electrical equipment and non electrical associated products, in fact, to a broad customer base both in the UK and abroad.
With Owners looking to retire, the Turner Butler marketing plan was at its most effective generating a high number of high quality ‘candidates’, particularly individuals and groups from ‘Corporate life’ looking to acquire the business, ensuring that the Owners could put their feet up, sooner rather than later.
Managing Director of Turner Butler commented following the completion of the deal: ‘There is an increasing demand for businesses like PAL Electrical Wholesale Limited – small, well managed, easily transferable and able to be operated without the necessity for detailed technical knowledge – especially from buyers who for whatever reason are leaving Corporate life and looking to run their own business’.
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