Power conversion and electrical systems manufacturing

About the business

This is a manufacturing business in Melbourne, Victoria, that designs, manufactures and supplies power conversion and electrical systems. It has operated for over 75 years. Its products go to industries such as electricity transmission and distribution, renewable energy, defence, rail, mining, oil and gas, water infrastructure and data centres. The business holds proprietary designs, intellectual property, specialised products, technical approvals and extensive technical documentation. Its customers include major industrial and infrastructure customers, with relationships across the infrastructure, energy, utilities, defence and industrial sectors. It holds ISO 9001 quality certification and has established manufacturing processes. The broker reports a reputation for technical expertise, product reliability and innovative engineering solutions, and an experienced technical workforce. The broker reports significant barriers to entry for competitors, and ongoing opportunities for replacement equipment, upgrades, servicing and new projects from a substantial installed equipment base. The broker reports significant strategic growth potential through integration with an existing business, expansion into new markets and further product development.