Accles & Shelvoke Limited

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Accles & Shelvoke Limited - overview

Established

1913

Location

Sutton Coldfield, -, UK

Primary Industry

Industrial Machinery

About

Accles & Shelvoke Limited specializes in precision-engineered captive bolt stunners and related products, primarily serving the meat production and electrical distribution industries with a focus on humane animal stunning. Founded in 1913, Accles & Shelvoke Limited operates from Sutton Coldfield, UK, and is involved in manufacturing captive bolt stunners and spare parts. The company was acquired by Frontmatec A/S in May 2017 from Eley Group and LDC, indicating a strategic shift towards global expansion. Accles & Shelvoke specializes in the manufacturing of precision-engineered captive bolt stunners, spare parts, and cartridges, primarily serving the meat production industry.


The company's flagship product, the CASH® range of captive bolt stunners, is recognized for its high quality and reliability. These tools are designed to ensure humane and efficient stunning of animals, catering to various scenarios, including use in large and small meat processing facilities as well as on-farm dispatch operations. Accles & Shelvoke's products also include ACVOKE Cable Spikers, which are used in the electrical distribution sector, further showcasing the company's diverse offerings. Their customer base spans globally, with clients ranging from large-scale slaughterhouses to local farms across various international markets, including Europe, North America, and Asia.


In the year 2016, Accles & Shelvoke reported a revenue of USD 5. 79 mn and an EBITDA of USD 1. 99 mn, generated through the direct sale of its products to clients in the meat production and electrical distribution sectors. The company operates on a B2B transaction structure, where products such as the CASH® captive bolt stunners and cartridges are sold directly to slaughterhouses and distributors.


In addition to direct sales, Accles & Shelvoke may engage in partnerships with wholesalers and retailers to enhance product distribution. The pricing structure for their products typically aligns with industry standards, reflecting the quality and reliability associated with their brand, further supported by annual service and certification agreements that ensure optimal performance and longevity of their equipment, contributing to customer satisfaction and repeat business. Following its acquisition by Frontmatec A/S in May 2017, Accles & Shelvoke is expected to utilize this partnership to expand its market reach globally. Specific plans include the introduction of new product lines designed for enhanced efficiency within the meat processing industry.


Additionally, the company aims to target expansion into emerging markets across Asia and South America by 2025, leveraging the funding from the acquisition to support these initiatives.


Current Investors

Frontmatec Group ApS

Primary Industry

Industrial Machinery

Sub Industries

Industrial Machinery

Website

www.accles-shelvoke.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Accles & Shelvoke Limited - financials

Fiscal Year EndedDec 31, 2010Dec 31, 2011Dec 31, 2012Dec 31, 2013Dec 31, 2014Dec 31, 2015Dec 31, 2016
Revenue (USD)3,914,0004,696,0004,910,0004,632,000---
% Revenue Growth (YoY)-20.0%4.6%(5.7%)---
EBITDA (USD)1,635,0002,041,0001,808,0001,719,000---
Operating Income (USD)1,631,0002,017,0001,762,0001,671,000---
Operating Margin41.7%43.0%35.9%36.1%---
% EBITDA Margin41.8%43.5%36.8%37.1%---
NET Income (USD)1,215,0001,509,0001,358,0001,319,000---
% Net Margin31.0%32.1%27.7%28.5%---

Accles & Shelvoke Limited - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Corporate Carve OutCompletedAccles & Shelvoke Limited-

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