Acquire a leading parts supplier to industrial and automotive manufacturers that has state-of-the art production facilitiesThe Business
The Company is one of the leading suppliers of low pressure and counter pressure castings in Eastern Europe for companies in the automotive, chemical, energy, and other industrial sectors. It has the largest low pressure and counter pressure aluminum production plant in Bulgaria, with its own modern foundry, R&D department and decades of experience in the market.
The Company’s production facility consists of about 60,000 square meters with a covered area 30,000 square meters. It is equipped with the latest generation of HAAS (USA) processing machines. The Company has 125 employees and the capacity to process 3,000 tons per year. The Company is ISO certified. Unlike most competitors, the Company is able to finish parts and deliver them ready to be used and installed.
Market
Over 80% of the production is exported to other EU member countries and Canada. Siemens, ABB, and Lukoil are among the Company’s many customers.
Although the Company suffered a loss in 2009 due to the financial crisis, it has come out as a leaner, more efficient and profitable business.
Sector: ManufacturingSegment: Aluminum CastingsRegion: Central/Eastern EuropeFinancing Size: $20m to $50mContact: Paul Kazarian
Company: Phoenicia Capital Advisory SALTelephone: +961 71 509 506Email: [email protected]