Automotive Injection Moulding - Automobile, Auto Ancillaries

Industry: Automobile, Auto Ancillaries

Sector: Automobile , Auto Ancillaries

Business Description:

The Company produces manually or fully automatic mechanical and electromechanical plastic assemblies to complete units with the latest assembly and manufacturing technology.
The unit is the only unit producing automotive components and is part of a larger German Group.
The company employs 250 people and has 30+ injection moulding machines and 2 flat-bed painting systems in use, including clean room practice where applicable.
Certified with the International Standard for Automotive Quality Management standard.
Key customers include Audi, Lamborghini, Peugeot, Porsche, Hella, Renault, etc.
In previous times the company generated up to EUR 40 Mn revenue with customers in Europe and US. Due to some strategic issues its sales have dropped and are now at EUR 20 Mn.
It has a diversified customer base with roughly 20 representing 80% of the sales. The customers are among the top brands in Germany and Europe.

Product Description:

The Company has long experience in:

Mold making
Precision Injection Molding
Surface Finishing: Painting, Printing, Laser Inscriptions
Assembly of Modules

State: Germany

Business Type: Manufacturing

Experience: 5-15 Years

Employee: 100-250 Employees

Verified By: ILO Consulting Services Private Limited

Revenue (US$ m): US$ 25.0 M - US$ 50.0 M

Opportunity Detail: Inviting Investment / Ready to sell business - Sell

Type of Transaction 100% acquisition

Asking Price US$ 0m

Reason for Sale Since this is a non-focus business of the group and they are unable to do due justice, they want to part ways with this facility and support the acquirer for an initial mutually agreed period. The seller is prepared to provide additional cash funding for new owners to cover losses of up to 2 years. Potential buyer needs to prove strong automotive knowledge and experience in turnaround/business development.

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Transaction Type:	Inviting Investment / Ready to sell business - Sell
Country:	Germany
Employment:	100-250 Employees
Jobs Saved:	N/A