Durite Limited Asset Profile

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Year established

1936

Location

Essex UK

Primary Industry

Automobiles, Other Vehicles & Parts

About

Based in Dovercourt, UK, and founded in 1936 by Frederick Gordon, Durite Limited provides vehicle safety, LED Lighting, and auto electrical parts for the commercial and general vehicle markets. The company also trades under Gordon Equipments and Nolten. In 1994, the company's Quality Control System was accredited to BS5750, followed by ISO9002, and BS EN ISO9001:2000 in 2003. Durite Limited has approximately 5,000 commercial vehicle products available via Durite's website and flagship catalog, as well as over 2,000 regional distributors throughout the UK and Ireland. In 2021, Safe Fleet Holdings, LLC acquired Durite Limited. Durite Limited works with commercial vehicles markets such as automotive, leisure or marine, agricultural and industrial to provide vehicle safety, LED Lighting, and auto electrical parts that include lighting, switches, cable and wiring accessories, CCTV, electrical accessories, relays, and flasher units, replacement electrical components, and workshop and test equipment.

Current Investors

Safe Fleet Acquisition Corp.

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Primary Industry

Automobiles, Other Vehicles & Parts

Sub Industries

Consumer Electronics, Automobiles, Other Vehicles & Parts, Electronic Coils & Transformers, Electronic Components, Solid State Lighting (SSL)

Website

www.durite.co.uk

Verticals

E-commerce, Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Deals

Deals Type
Add-on

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Completed	Durite Limited	02 Mar 2021

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