Leonard Curtis is seeking parties interested in acquiring the business and assets/shares of a long-established manufacturer of sintered tungsten carbide wear components, which is expected to imminently enter into administration.
Key business features:
Leading manufacturer of sintered hard metal components operating from a purpose-built manufacturing facility supporting bespoke design and large-scale production.
Capability to manufacture tungsten carbide components with complex internal geometries for harsh and performance-critical environments, including high-pressure oil & gas applications.
Large-format manufacturing capability, producing single-piece rings and wear components up to 420mm in diameter for heavy industrial pump, seal, and flow control applications.
Customer base spanning diverse industries, including oil & gas, energy, paper and packaging, precision cutting tools, measurement, and aerospace/space propulsion.
Experienced engineering-led team with a strong track record of development, including participation in the SPRINT space innovation programme with The Open University.
Established membership of key industry bodies, including NOF Energy, supporting continued growth in the energy, nuclear, and offshore renewables sectors.
Financials:
Offers:
Indicative offers are required by 5pm on 08 May 2026.
Completion is anticipated for mid-May 2026.
We reserve the right to close the bidding early or extend the deadline, without liability or advance notice.
All interested parties will be required to sign a non-disclosure agreement.