Bristol Business Brokers acted for Neil Roberts and Neil Evans, the owners of Mecelec Design Ltd in the sale of the company to Phoenix Dynamic Engineering Ltd.
Mecelec Design Ltd provide engineering solutions to the defence, oil and automotive sectors and are based in Gloucester.
Simon Norton, Managing Director at Bristol Business Brokers commented “We are very pleased to have assisted our client on this transaction. Both Directors can now start their retirement plans”
Neil Evans commented “Simon and the team at BBB guided us through the whole process from the valuation right through to completion. They found a number of high quality buyers that made the process for us very easy”