Business Partnership Corporate

Torbay Electric Light Company Ltd acquired by private investor

Manufacturing

Sale of electrical components and lighting consumables

BPC

This traditional family run business, which operated a number of divisions out of several commercial units in Torbay, enjoyed substantial sales of more than £1million.

The main business involved the sale of electrical components, lighting consumables, small appliances and general electrical supplies through retail outlets and mail order. It also comprised a NICEIC approved contracting business and a wholesale trade counter to supply electrical components to local electricians.

As retirement was on the horizon, BPC were invited to support the two directors, a husband and wife team, to sell their business so they could spend more time with their grandchildren.

The business attracted interest from both trade and private buyers from across the UK. Several offers were received and the business was sold to a family relocating from the Midlands.