EXTRACTION AND RECIRCULATION SYSTEMS FOR PETROL STATION EQUIPMENT
Highly profitable innovative international niche. Product development and sales of environmentally friendly extraction and recirculation systems for national and international petrol station equipment suppliers.
The company develops and sells systems and components worldwide, as well as control technology for avoiding and reducing environmentally harmful emissions. In addition, the company develops units for shipbuilding that transform heavy oil into light oil. The company has received various awards for innovation, and because of its expertise has been invited to international economic and political conferences.
Founded in 2002
Operational and office equipment and commercial property, as well as product developments
Development of sales offices in China, South-East Asia, Latin America and the USA
currently 8 employees
Supplier to the petrochemical industry
Current operating performance in 2021 is 3.1 million and an adjusted EBIT of 1.9 million has been reported (Covid-19). Before Covid-19, sales of 3.3 million and an adjusted EBIT of 2.4 million were achieved in 2019. With 10-15 employees, the company will achieve an adjusted EBIT of approx. €6.8 million.
100% share deal, cash and debt free, for €3.830 million. plus an intrinsic value of €2.0 million