Industry: Engineering

Sector: Machineries , Instruments

Business Description:

The company has been in the business of designing & manufacturing powder coating equipment since 1979, with the focus of the company being powder spray application equipment.
One of the only companies globally to offer the entire spectrum of powder application equipment
Its major strength lies in its very quick development of new products and its flexibility & adaptability to a changing environment.
The company’s employees have during the past years obtained various Indian and U.S. patents
Company is also the owner of various trademarks and has the Top Indian companies as its customers.
Its long-standing experience has resulted in in-house research and development which has in turn led to creation of trendsetting products and is thus the backbone of quality manufacturing.

Product Description:

Designing & manufacturing powder coating equipment
Powder Coating offers many benefits such as higher durability, resistance to weather, corrosion, scratches & other wear and tear.
Does not use solvents or volatile organic compounds which harm the environment
No waste as all over-sprayed powder is recovered and able to be reused unlike paint coatings

State: Not Disclosed

Business Type: Manufacturing

Experience: 25-50 Years

Employee: 50-100 Employees

Verified By: ILO Consulting Services Private Limited

Revenue (US$ m): US$ 0.0 M - US$ 5.0 M

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

Type of Transaction More than 50% acquisition

Asking Price US$ 15m

Reason for Sale The promoter is looking to exit the business after successful running for several years. He is willing to remain actively involved for a couple of years for hand holding with the process, customers, vendors, etc. The investor will initially invest in a strategic stake, with a right to buy upto 100% over 3 to 5 years

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