CFIE was approached by a buyer, seeking to expand the business in consumer bags by opening a new factory in the EU countries. The buyer is already active in this industry but plans to open up a subsidiary in Europe, either by setting up a new unit, or acquisition of an existing company with established processes.
The buyer is a plastic manufacturing company from the Middle East, which has started approximately 25 years ago. The turnover of the buyer exceeds 20M EUR with a margin of around 10%. Currently, the buyer wants to expand the business by opening a new factory in one of the EC countries.
The buyer is an expert in manufacturing products from polyethylene materials. The company manufactures and delivers a wide range of films, custom blends and additives for extra functionality for many needs or purposes. The buyer also offers plastic bags and plastic sheets in a wide range of colors, sizes, and gauges. The company serves both domestic market and foreign, to which it exports a significant portion of its production.
The plastic bag, plastic sheet and plastic liners manufactured by the buyer meets highest possible quality standards. These standards would be implemented also in the target companies.
Contact us to get details about this consumer plastic bag manufacturer buyer
The buyer company is looking for an opportunity to acquire a successful company, specialized in manufacturing of consumer plastic packaging – plastic bags. The valuation of an ideal target should be in the range between 1 and 2 million Euros. Geographically, preferred countries are the following (although targets from other countries will also be considered):
For projects up to 2M valuation, the buyer will not need bank financing. The buyer is even open to a possibility to acquire a bankrupt factory, then its renovation and putting own machinery in.
The preferred production level and employment of the target depends on the market. In case the buyer will acquire an established business, the buyer will keep the level of production or expand it. The buyer is ready to bring many synergies to the potential target, mainly benefits stemming from the scale of the buyer and commercial reach across the globe.
Feel free to contact us for more information regarding this plastic manufacturing plant buyer. We have experts in the plastic industry and we can help you find buyers or sellers. If you are interested specifically in the plastics sector, visit our section plastics companies for sale or plastics companies’ buyers. For other companies for sale in all of Europe visit the section companies for sale.
Note: CFIE only works with formal companies. We do get a lot of requests and it is difficult to follow up on all inquiries from visitors to our website. For each company, we assess the likelihood of a future transaction. We only get back to you if we see a realistic opportunity to do a future acquisition or business sale. In order to increase your chances of receiving a reply as an individual, please explain as much as possible about your personal background, strategy and fit with the target. There is also a possibility that your details will be kept on file and we will get back to you once there is an opportunity to do a transaction. CFIE can’t guarantee you will receive an answer to your request.