FacebookYoutubeLinkedIn
Live data feed: 7pm 20th Apr 2024         Total Business Sales: $521.9 million         ROI On Capital Invested: 28.00%         EBITDA To Owner: $157.2 million         Recent Deals: Mining Services Drill Rigs - 60% equity investment     |     Mining Industrial & Services Company - Strategic acquisition     |     Mining Hi voltage power reticulation - 60% equity participation

Corporate Transaction News: Australian NZ Leader In Metal Working Products

Garry Stephensen

Article Author: Garry Stephensen
Position: Managing Director
Read time: 4 mins

Share Article:

Sector: Metal Working Products 

Lloyds Brokers has completed the Sale of the highly successful Harris Products Group Australia and New Zealand (Harris), a leader in metal working products used in the brazing, soldering, welding, cutting and gas distribution industries and a proud member of the global Harris Products Group family.

Corporate Brokers News: leader in metal working products used in the brazing, soldering, welding, cutting and gas distribution industries            Corporate Brokers News: leader in metal working products used in the brazing, soldering, welding, cutting and gas distribution industries

Harris is the only supplier of Harris International Cutting and Welding Regulators, Hospitality Manifolds, High and Low Silver Solder and other associated products that are made in USA/Europe and their quality statement is beyond reproach. This stellar reputation and approach to quality has provided a significant advantage over their competitors ability to secure a space in market valued at AUD$50M that covers Australia, New Zealand and the entire South Pacific.

Harris' catalogue of products caters to a large range of sectors including Industrial, Medical, Plumbing, Hospitality, Specialty, Food, Educational and Consumer with their top three products being Cutting and Welding Regulators, Hospitality Manifolds and High and Low Silver Solder.           

Corporate Brokers News: leader in metal working products used in the brazing, soldering, welding, cutting and gas distribution industries        Corporate Brokers News: leader in metal working products used in the brazing, soldering, welding, cutting and gas distribution industries

Transaction Advisors 

The sale was conducted by the Lloyds Research Director Dianne Reynolds who, through using the proven Lloyds Corporate Business Sales Process, in conjunction with the application of target marketing, produced some spirited offers which was able to achieve a pleasing result for both Vendor and Buyer. 

John Keating BDO served as exclusive financial advisor to Harris Products Group - "Thank you for all your help not only good but fast as wellðŸ' Many thanks to your team especially Di Reynolds"

Private Investment Buyer: "Thanks for all your assistance with this transaction Dianne, your approach and professionalism enabled it to flow seamlessly.

Carley Ronan at Holt Lawyers served as the Harris Products legal advisors.


View our track record of business sales.

If you own a business in the import, wholesale or online sectors sector, talk with Lloyds Brokers on 1300 366 943 for advice on how to buy or sell your business. We have teams of brokers in Melbourne, Brisbane Brokers, Adelaide Brokers and Sydney Brokers.

Business Broker - Garry Stephensen

Garry
Managing Director
Business Broker - Karen Dado

Karen
Director NSW
Business Broker - Geoffrey Tulett

Geoffrey
Lloyds Corporate Partner - Mergers & Acquisition Specialist
Business Broker - Edward Alder

Edward
Director Victoria
Business Broker - Kevin L Sutherland

Kevin
Director International Business Sales
Business Broker - Dianne Reynolds

Dianne
Research Director and Corporate Broker

As seen in the Financial Review and the Courier Mail.

Get In Touch

Email

 


 
Lloyds Corporate Brokers is a Corporate Authorised Representative under AP Lloyds Pty Ltd.
Australian Financial Services License 526061
Recent Press Releases:

Copyright 2018 © Lloyds Business Brokers 2008