Knightsbridge Commercial Brochure

Paragon Plating

Sector: Manufacturing Type of business: Paragon Plating offers premium

electroplating services. Location: West Sussex

Motivation for sale: Retirement. After building Paragon Plating since 1989, the owner of the business wished to pursue other interests. Acquirer profile: Pratt Sonburg, a family business with close proximity to Paragon Plating. The acquisition presented as the perfect bolt-on opportunity. Marketing strategy: The best approach was to source a local trade buyer who was looking to expand. Negotiation strategy: Once a suitable buyer was found, the process moved incredibly quickly and the sale completed within 16 weeks.

Vendor’s comments: “I was guided through the complicated legal requirements and procedures by the solicitors, whose costs were included in the package. I would like to thank Knightsbridge for all their efforts in concluding a very satisfactory sale.”

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