Date
Service
Asset Sales
Sector
Investment

Sale of a Haulage Company

 

Our Machinery and Business Assets department has successfully sold the business and assets of a well established haulier.

The well established business was advertised through our website and circulated to our email list of people interested in purchasing assets and businesses. This generated a number of enquiries and following extensive negotiations with prospective purchasers, the bank and the insolvency practitioner a sale was agreed resulting in the safeguarding of circa 40 jobs.

Malcolm Good, Director of Machinery & Business Assets in our Nottingham office commented “Selling any business as a going concern is usually a complex process. This case was no different, but I am pleased with the level of interest generated in the business and the end result of safeguarding in the region of 40 jobs and providing a return for creditors”

The Assets For Sale section of the eddisons.com website is currently being updated to provide the facility for more of these businesses to be advertised, to join the mailing list to find out when we have similar sales in the future, please click here (link to be added)

 

Written by: Richard Roe on Friday 09/08/2013