In 2013, after realising my son had no interest in succeeding me I started to explore the possibilities to sell NOMAG to the right partner. Our company is very healthy with motivated and experienced staff, and I didn’t want to lose that.
Selling up is a very intensive process charged with emotion, and normally you do it only once in your life. So you want to get it right.
The path to the right buyer is a matter of care. Firstly, it’s important to select the right M&A consultant, with access to the right channels, industry knowledge, experience and creativity. Our criteria included experience in our industry, the approach to get the right buyer to the table, references, and researching prospective buyers. We analysed websites, sent questionnaires and got the list down to three, before selecting BCMS.
- Distributor of workwear, safety equipment and tools
- Headquarters - Amsterdam, Netherlands
- 28 employees
DESTIL, A SUBSIDIARY OF ETS DESCOURS & CABAUD
- Supplier of industrial and commercial tools & materials
- ETS Descours & Cabaud headquarters - Lyon, France
- 12,100 employees