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Marine Cargo Handling Company for Sale in Singapore, Singapore

For Sale: Established business with 20+ mobile cranes that offers hydraulic lifting & haulage services.
This transaction has concluded.
This Business is on a Premium Plan
Established 40-50 year(s)
Employees 100 - 500
Legal Entity Public Limited Company
Reported Sales USD 10.8 million
Run Rate Sales USD 11 million
EBITDA Margin 24 %
Industries Construction Machinery + 1 more
Locations Singapore
Local Time 11:12 AM Asia / Singapore
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 15.5 million (Native Currency: SGD 20,000,000)
Reason: Founders would like to diversify to other business interest.
Includes physical assets worth USD 15.5 million
Business Overview
- Started the company 35 years ago by renting mobile cranes to customers for loading and unloading cargoes and now the company has over 20 mobile cranes and prime movers.
- Company is listed on the Singapore Stock Exchange.
- Firm has more than 300 clients in Singapore comprising of government entities and private sectors who users services regularly.
- Lifting capacity of the cranes ranges from 25-750 tonnes.
- Have a strong and established business reputation in Singapore.
- We usually lease our cranes to our customers for a limited period of time, thereby enhancing our cranes' versatility and encouraging us to maximize fleet's use.
- We serve a wide customer base operating within the construction, marine, port, logistics, oil and gas as well as infrastructure industries in Singapore.
Products & Services Overview
Provision of lifting, transportation and relocation services government entities and private sector clients.
Assets Overview
20+ mobile cranes, industrial property, building and prime movers.
Facilities Overview
Owned property of area 8,028 sq m.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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