25-29 Mahinui Street, Feilding Central, Feilding

By Negotiation

+14

+13

Well-established (44 years) manufacturing business

For sale price by negotiation. Property Brokers are excited to bring to market, the business of FDL (Fibreglass Developments Limited), one of New Zealand's largest Composite production companies and a market leader of high-quality Fibreglass structures and components. Based in Feilding and operating from purpose-built premises of over 4000 sq metres (more or less), fitted out with specialist equipment and plant for Composites production. This represents an opportunity for anyone engaged in manufacturing processes or looking to expand their portfolio with the exciting acquisition of "Fibreglass Developments Limited". The business benefits from thorough administration and production systems, with long-serving and skilled staff and an ability to take on large-scale production projects beyond the scope of other companies in this field. In 2011 the company qualified to use the New Zealand Fern Mark which represents business excellence, innovation, quality and export success, with a long track record of successful major contracts completed, this highly profitable business is now on the market as the current owners are looking forward to their retirement. Established clientele giving ongoing work, which includes Kiwirail, with whom numerous contracts for Carriage refurbishment have been completed, BP NZ Truckstops, Action Motorbodies, and Fruehauf, there is a continuation of work many would envy. As well there are numerous enquiries and projects that currently have been put on hold. With the borders opening and new staff being sought, many of these will be able to be brought on stream. With a turnover in excess of $4.5 million per annum with excellent profitability, this represents a unique manufacturing acquisition opportunity in New Zealand.

25-29 Mahinui Street, Feilding Central, Feilding

Web ID

BC104204

By Negotiation
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Bernard Linsley

Bernard Linsley

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