The management of a leading manufacturer of elevator parts wishes to open or acquire a center for manufacturing of wires and electrical assemblies in Europe. Therefore, they are looking on the market for suiting companies, with the help of local M&A advisor. The target ideally should have revenue exceeding 1M EUR, the management of the buyer is ready to finance acquisitions of a size around 2M EUR.
The buyer company is a large, leading company, established approximately 50 years ago. Since its establishment, it has grown up to be a group of similarly oriented companies. The buyer is operating in the lift production and installation industry.
Specifically, the main business of this buyer is Slift solutions design and its modernization. The company is able to install their lifts into almost any existing building. The company is also able to create custom Elevators solutions or perform a modernization of existing elevator solution.
The company is able to manufacture the electrical and mechanical products for elevators on its own. Currently, the group already owns multiple manufacturing sites in Europe, but they are looking to acquire more. The company besides manufacturing also deals with components distribution. The buyer is also able to provide top quality technical consultations to its clients.
The buyer is innovative and has patented many of their products. The quality is proven by certifications of the system according to the ISO 9001 and 14001 standards.
Contact us to get details about this electrical and mechanical elevator parts manufacturer buyer
Due to the company’s continuous success, the management is looking for a further growth, mainly externally by acquisitions. That is why the company is looking at options in Europe which could suit its development plans.
The buyer is looking for a target company, working in the same sector as the buyer – in the manufacturing of electrical and mechanical lift parts.
The buyer has funds available for the acquisition, the target should be a small-sized company with revenue at 2M EUR, preferably in a growing trend. The company should be financially stable, strong in the regional market, and have good references. The company should generate positive EBITDA.
The buyer is open to any country in Europe, preferably the company should be from the European Union. The buyer was already looking at Hungary as a potentially good country for acquisition.
Feel free to contact us for more information regarding this elevator products manufacturer buyer or if you know possible suited targets. For more buyers of companies please visit the section companies wanted. We can help you with an active search for companies for sale. For companies for sale visit the section companies for sale.
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