turner butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before. Such opportunities as this do not come around very often. This company manufactures a range of extremely durable diesel engines which have been traditionally used for powering the historic workboats and latter day narrow boats used for pleasure on the waterways of the uk. Indeed, although the company brand represented here is now 100years old, their best known model of engine has been in continuous production for 70 years, which must be a record somewhere! the company has recently re-conditioned some of their brand engines originally built in the 1930’s, thus providing ample testimony to the integrity and longevity of the design and build of these legendary engines. Again, due to the integrity of their design, their engines are easily capable of working with alternate fuel types for today’s eco market place. This ability opens up the possibility to expand the engines applications in to new markets such as agriculture and micro chp (combined heat and power). The varying fuel types which are possible to be used include:- • cold press rape seed oil • gas from anerobic digesters • waste engine oil although these engines will always have their customer base in traditional areas of usage, along with the attendant market for spares for the 280+ engines in field, the exciting area of further future development for this company clearly lies in these new alternative markets. The company has recently demonstrated their engines abilities in micro chp applications to 3 local councils, and have proven that one of their engines can provide the heat and light requirements for a five bedroom home, a factor that has not been missed by the councils concerned, where continued interest exists. What a magical combination! a traditional british engineering solution to a 21st century challenge! the sale of the company will include all intellectual material associated to this brand design of engine, including all drawings and patterns for producing the castings etc. The company currently operates from their commercial premises in northamptonshire. These premises were purchased by a consortium of owners of their engines and given to the company rent free until may 2010. Therefore the new owner will need to negotiate a future rental/lease arrangement with the said consortium. It is felt that a new owner will require sufficient resource to advance the products development in to alternative markets and secure the future of this piece of true british engineering history. Equipment: the company owns and operates an expansive inventory of equipment and machinery etc. In the daily smooth operation of its business. All such inventory is expected to be included in a successful sales package. Customer service: the company’s reputation in the world wide market place is undoubted, with enthusiastic owners clubs being existent. The will of their customer base for the company to secure a healthy long term future is apparent, and is demonstrated by the current agreement for their premises (as previously mentioned). Key strengths: the intellectual rights for the continuance of production of this legendary series of engine designs, along with world wide supply of spare parts etc. Key opportunities: expansion in to new eco friendly market sectors such as agriculture and micro chp.
