Rivals may be tempted to bid for Enterprise
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TrigoldCrystal says it would consider buying Enterprise and its sourcing system Edge if the price was right.
Enterprise revealed last week that following an un-solicited approach for Edge, a board review determined that the business should be formally put up for sale.
David Aylmer, marketing director at TrigoldCrystal, says: “We are a profitable company and as we have shown with the acquisition of Crystal, we are looking to expand. If the right opportunity comes along at the right price we will consider it.”
Michael Clapper, group chief executive of Enterprise Group, says: “We had an unsolici-ted approach a couple of weeks ago for the Edge system which prompted a review by the Enterprise board, including our majority investor Prome-thean Investments.
“The board deter-mined that the best course of action would be to put the business up for sale.”
Vantis Corporate Advisers has been appointed to act on Enterprise’s behalf and Clapper says the firm has already been contacted by several interested parties.
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