Live data feed: 7am 23rd May 2024         Total Business Sales: $523.9 million         ROI On Capital Invested: 28.00%         EBITDA To Owner: $159.4 million         Recent Deals: Linen, Homewares, Design, Import Wholesale, E-Commerce - Acquisition by Family office     |     Automotive Transport Accessories Manufacturing - Safety - Strategic acquisition by Trade Player     |     Agricultural - Automated Feed Systems - Investment by private Home Office

Corporate Transaction News: Redcat Industries Sold To Private Investor Group

Garry Stephensen

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

Share Article:

Sector: Motor Vehicles and Accessories Manufacturing, Fleet Efficiency and Safety Solutions

Redcat Industries sold to Private Investor Group

Lloyds Brokers has completed the Sale of a highly successful and much sought after local manufacturer and exporter whose name is synonymous with design, quality and service. 

The company, Redcat Industries, manufactures in Brisbane, producing distinctive, globally competitive products for fleets and truck makers. The business is a leader in an exclusive, ever expanding global market with limited competition, protected by international patents and trademarks in Australia and other major international markets. 

Redcat Industries sold to Private Investor Group

Established in 2000, Redcat is a leading manufacturer and global distributor of wheel safety products, with its name synonymous with good design, quality and service. Working via its patents and trademarks, Redcat provides the most efficient wheel safety available, utilised by vehicle fleets in Australia and other major international markets. Redcat also manufactures a large range of additional wheel safety designs supplementing the vast majority of wheel configurations.

Redcat is seeing a transition from single pointers to patented indicator retainers. Wheel safety Indicators are compulsory in most Australian mine sites and are written into most large fleet compliance sheets, increasing the demand for these products.    

Redcat' patented links are exclusive as they provide loose wheel indication, nut re-tension and hot wheel indication in one robust single piece which is expandable or contractable to fit multiple nut spacings. In an ever-increasing safety compliance environment, Redcat patented designs provide a cost-effective wheel safety opportunity by combining critical indication with nut re-tension.   

Redcat supplies the Transport industry, Mining Industry, Defence Industry, Public Transportation and the Building industry. They leverage their excellent relations with the leading vehicle parts companies and major tyre retailers throughout Australia and Asia Pacific, all of which are return customers over many years. There are significant opportunities for growth in the major markets covered by Redcat's patents and this acquisition will accelerate Redcat's national and international expansion. 

Lloyds initiated the sales process with a business appraisal and preparation of an Information Memorandum and marketing teaser. This highly sought-after business received over 40 qualified enquiries. Lloyds facilitated introductory meetings between prospective buyers and the vendor and worked with the vendor and the advisors through all aspects of the sale process, including deal structuring and negotiation of sale terms.  

The sale was conducted by Lloyds' NSW Director, Karen Dado, who worked closely with the vendor to achieve a successful result for both vendor and buyer. 

"Karen and Lloyds worked very hard to achieve this excellent result; helping us to best summarise and communicate Redcat's strengths, providing us with good guidance throughout the negotiations and generally showing determination to help us complete the sale"   ~ Redcat founder and vendor, Ron Mason.   

View our track record of business sales.

If you own a business in the manufacturing 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

Managing Director
Business Broker - Karen Dado

Director NSW
Business Broker - Geoffrey Tulett

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

Director Victoria
Business Broker - Kevin L Sutherland

Director International Business Sales
Business Broker - Dianne Reynolds

Research Director and Corporate Broker

As seen in the Financial Review and the Courier Mail.

Get In Touch



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