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Company Stanref International will be sold

Date:

Opportunity to buy the business and assets of Stanref International (2017) Limited, a leading manufacturer of pressure vessels and heat exchangers for the commercial and industrial refrigeration industries which also has a strong presence in the Oil and Gas, Petrochemical and Process sectors. The East Anglian based business has traded since 1982 and has an established customer base which includes contractors for the Royal Navy and is also a member of The Welding Institute and the British Refrigeration Association.It currently trades from a leasehold premises under licence which is due to expire on 31 May 2018. Annual turnover c.£2 million.

<img class="alignnone size-full wp-image-11561" src="https://refindustry.com/wp-content/uploads/2018/04/stanref.jpg" alt="" width="250" height="316" />

The business and assets of the company are offered for sale as a going concern by the joint administrators.

- Plant, machinery and equipment
- Stock
- Work in progress
- Goodwill and business intellectual property rights
- Customer contracts, order book and sales pipeline
- Current workforce of 18 (six staff members were made redundant on 6 March 2018)

Further details available at <a href="http://www.ip-bid.com/" target="_blank" rel="noopener">www.IP-BID.com</a>