The buyer, a manufacturer of cutting and grinding wheels for machines is looking for acquisition opportunities in Europe. The management prefers German targets, but they are open to any country of Europe. The buyer has currently presence only in Middle East region and neighbouring countries, but they are looking for global expansion. Therefore, the management of the buyer is open for discussions and will be happy to consider any offer in one of its preferred business areas.
The buyer company is a joint venture operating in manufacturing industry in the Middle East region. The buyer is a part of a big group of more than 50 companies under one umbrella, having more than 75000 + employees. The acquisition would be backed by this group and financed out of their own resources.
The buyer company is focused on abrasive products that provide solutions for various fields & levels of Industrial and construction applications for local and international customers. The buyer has a large distribution network and more than three offices across the Middle East.
The buyer company produces various products, the portfolio includes:
The buyer products find application in cutting and grinding of various materials like metal, steel, stone, aluminium, iron. The main plant of the buyer covers an area of more than 12ths square meters.
The buyer management is looking for a small company focused on abrasive manufacturing with running conditions with good customer base to start with.
The company places a lot of emphasis on quality and is a holder of many certificates including ISO 9000 quality system. The vision of the company is to become a globally respected top ten organization in the industry. That is one of the reasons the management is looking for an acquisition.
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The buyer is looking for an abrasive manufacturing company or manufacturing plant in Germany or another European country, mainly to boost business expansion and export sales. The ideal target should have established and good running conditions with good customer base to start with.
Of particular interest are manufacturers of resin bonded abrasive cutting discs or grinding discs. The company is looking for companies with extensive business knowledge, established a market position in Europe and a well-known name in the region and in the industry.
The revenue of the target company is ideally between 1M and 10M EUR, ideally growing every year, larger targets are also an option and will be considered in the group.
Feel free to contact us for more information regarding this buyer for an abrasive manufacturer or if you know possible interested or suited parties. For more buyers of manufacturing companies please visit the section manufacturing companies wanted. For manufacturing companies for sale visit the section manufacturing companies for sale.