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Finance And Services:

Business For Sale. Acquisition Opportunity - Specialised Epc Contractors To The Oil, Gas And Petrochemical Industries

LISTING DETAILS
Firms For Sale ID:
35094
Vendor reference:
F4S2168
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
Undisclosed  
Turnover / revenue:
$5,000,001
Net profit / cashflow:
$2,500,001

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Our client is based in the UAE and is a leading provider of Engineering Procurement and Construction services to national energy providers and international contractors serving the downstream Oil, Gas, Petrochemical and Power industries in the UAE.
The company has a long and exemplary track record, successfully executing hundreds of projects.
Consistently profitable and with an average year on year growth rate of 35%, this well managed company is confident of delivering sustained profitable growth and offers an acquirer an excellent return on investment.

Financials
• Revenue 2019 $45m
• EBIT 2019 $4.7m
• Adj. EBITDA 2019 $5.6m

Highlights
• Main contractor status with national companies
• High certified ICV (In Country Value) status
• Pre-qualified to 50+ national energy supplier workgroups
• 35% year on year profitable growth
• Impeccable credit history
• Robust pipeline of high value ongoing and future projects
• Experienced senior and middle management teams
• Established, well trained and motivated workforce
• Extensive certifications and accreditations
• Programme of Continuous Improvement and Training