BUSINESS AND ASSETS SOLDCOMPREHENSIVE CONCRETE PRODUCTION, BATCHING & BLOCK MAKING FACILITY (Project Rhode Island)

The Administrator is seeking applications from parties interested in the purchase of the business and assets of a concrete and block producer based in the Southeast of England.

Key Features

•   Key Features:
•   A range of wet concrete and blocks, providing supplies to a number of customers
•   A long-established business incorporated in 2002
•   Turnover: Last audited accounts 2021 £21 million
•   Operating from leasehold premises in East London, on the Thames. Premises have planning permission for the construction of a river quay

Opportunity

•   Assets available for sale include:
•   Established brand
•   Goodwill
•   Wet concrete batching plant – Capacity 80 cu M / hour
•   Part completed batching plant under construction
•   Concrete building block batching – Capacity 18,000 blocks / day. Egg layer with bander and turner
•   Pre cast modular concrete block production
•   Comprehensive array of technical and other equipment
•   23: Mercedes Benz Arocs concrete mixer lorries
•   14: Mercedes Benz Antos tractor units
•   2: DAF concrete pumping vehicles
•   Mitsubishi concrete pumping vehicle
•   4: Passenger cars
•   4: Mercedes Benz Vito light commercials
•   Renault Trafic light commercial
•   DAF road sweeper
•   7: 40 Ft. flatbed block trailers
•   4: Bulk tipper trailers
•   Road tanker trailer
•   40 Ft. flat trailer
•   4: Various fork lift trucks, 3.5 to 7 tonne capacity, with block grab and hopper attachment
•   2: Volvo 220H loading shovels
•   2: Volvo 150H loading shovels
•   2: Volvo L45B loading shovels
•   Dernaseer washing & screening plant
•   2: Terex mobile screens
•   Rubble Master 70 stone crusher
•   Coote Finlay egg layer
•   Coote Finlay cuber
•   Rubble trommel trailer with Atlas grab
•   Kaizen mobile concrete plant to trailer
•   Stetter concrete recycling plant
•   Property leases by separate negotiation. Rent ca. £2.5 million P.A.

Offers

•   Offers are required by 4.00 pm Friday 17 May 2024 with a view to completion shortly thereafter
•   All interested parties will be required to sign a non-disclosure agreement
•   All interested parties will be required to sign a non-disclosure agreement

Contact Details

Samuel Cooper
Cerberus Asset Management
sam.cooper@cerberus-group.com