The management of a fast-growing, Indian-based engineering organization with business interests mainly in the manufacture of automotive components, has decided to find a suitable acquisition opportunity in in the distant future as a part of its inorganic growth plan.
The buyer is an Indian based automotive components manufacturing group with a long history. The buyer company has activities in the design and manufacture of:
The company’s core products are axles, propeller shafts, gears, and gear shafts as well as precision machined engine components for commercial vehicles and passenger cars; construction equipment aggregates such as frames, arms, sticks, trailers, and trailer kits.
The buyer is growing and financially strong, with revenue of more than 150 million euros. The company has direct ties to most of the automotive manufacturing brands in Asia. As a part of its growth strategy, the company is looking to grow inorganically through acquisitions over the long term.
Contact us to get details about this automotive components and systems manufacturer in Europe buyer
The buyer is looking mainly for the following target specializations:
Geographically, the buyer is looking mainly at Western countries, such as the Netherlands, Germany, Switzerland, the UK, Spain, Denmark, France, Italy, and the Scandinavian countries.
The target should be involved in the production of one or more of the following:
However, the company is also involved with non-automotive manufacturers with activities in the manufacture of tower cranes, forklift trucks, road rollers, and similar road paving equipment. The company is also interested in discussing the acquisition of an engineering design company, in case an opportunity occurs.
The automotive target should serve top world-class OEMs or the aftermarket segment. The revenue of the target should be between 20 to 70 million euros with a good EBITDA level. However, there is flexibility on top line consideration both on the lower and upper side if the target is exceptional. The buyer is also open to entering into a Joint Venture Agreement with suitable targets, which have niche proprietary technology and an excellent customer base. This can also be discussed at an appropriate stage.
Feel free to contact us for more information regarding this automotive parts manufacturer buyer in Europe or if you know possible interested or suitable parties. We have experienced advisors in the automotive industry and we can help you with both selling a business and finding targets. For more buyers of automotive companies, please visit the section automotive companies wanted. For companies for sale in the automotive industry visit the section automotive companies for sale.
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