Proven, National 3PL Distributor & Designer of Lighting Products
Established in 1979 the main company previously sold power outlet strips and products produced by a renowned fasteners company.
The Group has grown to become a prominent national supplier of lighting and supply products, with a strong market reputation built through activity in the national industry trade association.
Despite the COVID 19 pandemic and associated supply chain disruptions, the Group has been able to maintain its profitability over the past few years, due primarily to its ample inventory levels by ordering products in anticipation of customer needs, enabling the Group to mitigate shipping issues and secure components that were otherwise in short supply. They also secured a contract with the world’s leading packaging solution
company, in order to supply a product used, in the manufacturing of a product for an S&P 500 company.
To pre-qualify to receive additional information a minimum lending requirements from prospective buyers need to be $1M in cash and/or cash equivalents (for individual buyer a proof of funds will be required).