FOR SALE Business operations and assets of a profitable equipment (conveyors) manufacturer with a long history for sale

The business is in the engineering workshop industry which includes equipment design and manufacture.

The strengths of the business are quality, security of supply, high customer satisfaction, expertise in carrying out projects and a strong financial situation. The processes of the business have been perfected over the years which e.g. can be seen as a good operating margin.

The seller is committed to help the successor take over the business and customer relationships during a separately agreed transition period.

The business is a long-serving, profitable importer of supplies for the textile and crafts industries, which has earned the trust and appreciation of its customers. The business offers its industry and business customers high-quality textile industry products and supplies for professional use and high-quality crafts supplies for the crafts industry. During its long history the business has become well-known and established long-term customer relationships and representations of manufacturers.

The business’ selling points are a swift and professional service as well as high-quality products, a highly developed know-how and the right attitude. Word of mouth is the best “salesperson”.

The product selection is extensive and includes e.g. embroidery threads and materials, sewing and crafts supplies, velcro-type straps, padding, packaging materials and machines, labeling solutions and many other products.

The customers are the food and packing industries, the Finnish Defence Forces, the chemical industry, the textile industry, the furniture industry and the ship industry.

The business operates in suitable rented premises in Western Finland, but the business is not dependent on a specific location and can relocate anywhere. The whole of Finland is its market area and there is growth potential in Sweden and Estonia as well.

The business has also invested heavily into product development and sales of new products are already increasing.

The owners are prepared to commit to the business for a longer period if the buyer deems it necessary.

The corona crisis has not affected the business negatively largely due to its several different products and customer segments.

The company offers special machines in the field of automation / feeding technology. These include screw/nuts feeder, bunker systems, conveyor belts, vibratory conveyors, or vibratory conveyors. These systems ensure that workpieces are fed in the correct position. These systems are generally used to implement automation tasks intelligently and efficiently, particularly for the assembly of products or component groups.nCustomers are coming mainly from electrical engineering, which accounts for more than one-third of sales. Customers also come from (i) the mechanical engineering, (ii) e-mobility and (iii) plastics technology sectors.

Somertekno Oy has manufactured roll forming machines and related equipment, slitting and cut-to-length lines, wrapping machines and different conveyors.
It hasn’t been active for a few years, but the facility, machines and necessary documentation make it possible to restart the operation quickly.
The production facility and equipment are also suitable for a different type of workshop business.