Established supplier of electrical safety equipment with its own testing lab

Basic information

The subject of the sale is a 100% stake in two closely linked Slovak companies focused on the complete supply of personal protective equipment for electrical substations and on its regular statutory testing. The trading business has been developing since 1993, as a limited liability company since 2010, and builds on long-standing professional experience in the energy sector. The second company was established in 2025 to concentrate the testing activity, so today both companies operate as a single business in which each one needs the other.

The trading company supplies protective and working equipment for low, high and extra-high voltage, for example insulating and switching sticks, short-circuiting and earthing sets, voltage detectors, discharge devices, rescue hooks, dielectric gloves, boots and mats, as well as inspection and measuring instruments. The portfolio comprises several hundred items from renowned European manufacturers with whom the company has cooperated for many years. The equipment is delivered with certificates and test reports in line with applicable standards, so the customer obtains complete equipment for an electrical substation from a single supplier.

The key value of the business is recurring revenue from legally mandatory testing. Protective equipment used in electrical substations must undergo periodic tests at regular intervals, typically once every two years, so the equipment sold by the trading company comes back for testing to the group’s own testing lab. Both companies hold an authorisation to test protective equipment for electrical substations, the testing company employs a technician with the required authorisation and owns a mobile testing lab for low and high voltage equipment. Customers can bring the equipment in person, or the company collects it by courier and returns it after testing.

Customers include industrial companies, operators of switchgear and transformer stations, substation manufacturers and energy companies, as well as service firms responsible for substation maintenance, institutions and individuals. Transformer stations are part of virtually every factory, industrial site and housing estate, so demand is widely spread. Customers find the company themselves, the business is built on a good reputation and long-standing relationships, and revenue does not depend on any dominant customer. According to the owners, the company has only one direct competitor on the Slovak market.

Revenue of both companies has been growing steadily. In 2025 they jointly reached 607 ths. EUR with normalised EBITDA of 78 ths. EUR, and for 2026 revenue of 684 ths. EUR and normalised EBITDA of 108 ths. EUR are expected. Normalised EBITDA already reflects a market salary for the owners’ work, which the buyer will need to replace after their departure. Reported profitability corresponds to actual profitability. The companies have only low bank loans of approx. EUR 50 thousand (a car loan and two consumer loans), and the overdraft facility is undrawn.

The sale includes an own warehouse with a testing lab in the Nitra region, from which both dispatch and testing operations are run, as well as the mobile testing lab, a company car and stock of goods. The company is currently having its own application developed to simplify test preparation, which will further reduce the administrative workload.

The reason for the sale is the owners’ lack of capacity, as they can no longer keep up with the volume of work. Both owners currently handle the running of the company, preparation of quotes, customers’ technical questions, preparation of test documentation and dispatch. After the transfer they are ready to train the new owner and will then leave the company.

The offer is not suitable for a first-time entrepreneur. The ideal buyer is an established company with a well-functioning administration, for example from electrical installation, electrical inspections, maintenance of energy equipment or distribution of electrical materials, for which the acquisition will be a natural extension of its portfolio with stable recurring services and which can capture the potential for further growth.