Lloyds Brokers has completed the sale of a very successful importer of E-Commerce retailer of European textiles business whose brand name is synonymous with luxury, quality, and style.
Taking inspiration from European trends the company manufactures fine linen products and homewares to the highest quality standards. Established in the mid 2010's, the business is a leader in an exclusive, ever-expanding market with limited competition. Their clientele includes the best interior designers in the world and high profile national and international celebrities.
Lloyds was approach by the seller after they had unsuccessfully marketed the business through another advisory group.
By listening to the seller's criteria in terms of business exit strategy, type of buyer to target, and the description of the business, Lloyds was able to successfully match up a 'ready and waiting' qualified buyer from their existing database.
The 'perfect-match' meant the seller did not need to take the business to market publicly for a second time.
Lloyds facilitated introductory meetings between the prospective buyer and the vendor and worked with the vendor through initial aspects of the sale process, including deal structuring and negotiation of sale terms. The deal taking just 4 months from initial call to closing.
The sale was conducted by Lloyds Broker, Dianne Reynolds, who worked closely with the vendor to achieve a successful result for both vendor and buyer.
If you own a business in the Import Distribution sector, talk with Lloyds Brokers on 1300 366 943 for advice on how to buy or sell your business. We have teams of brokers in Melbourne, Brisbane Brokers, Adelaide Brokers and Sydney Brokers.
