MVS Mechanical Services Limited Sold!
Sector : Services and Properties
Listed on : 25 September 2016
Turner Butler is delighted to announce the successful sale of MVS Mechanical Services Limited, a Midlands based Mechanical and Electrical Building Services company with a turnover in excess of £12 million. “We had very strong interest in this business and received an excellent offer from an MBI candidate with a strong track record in the sector after only marketing it for a short time,” said
Turner Butler’s managing director Rupert Cattell. “The deal was completed shortly after the Brexit referendum which would indicate that the business sales market continues to be strong with good interest in quality businesses from an excellent range of prospective buyers”. He went on to say: “in these times of ultra low interest rates when banks are charging companies to hold their money, buying a trading business on an ROI of 20-40% makes eminent business sense.”
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