Ideal location: Eastern Europe but with more possibilities if a good target appears
Reason for acquisition: The management wants to grow their company by acquiring a target company in the same industry
#CFIE PLB139
Overview of this buyer for a white goods plastic parts manufacturer in eastern Europe
The company is an international group involved in the plastic industry. The buyer is an Asian integrated plastic manufacturing group, providing comprehensive services from advanced mold designs to the manufacture and sale of plastic products. The company is looking for a target company which can provide white goods plastics parts. The management would prefer Eastern European countries, but they would consider other countries if the objective fits well with the strategy. The firm will help the company grow by making use of the synergies that arise between them.
Profile (strategy) of this buyer for a white goods plastic parts manufacturer in eastern Europe
The buyer is an Asian plastic group with a history of more than 80 years. The company is quite large, with over 10 factories on 3 continents, growing each year. The company employs overall more than 500 employees. The buyer is a leading integrated plastic manufacturing group, providing comprehensive services from advanced mold designs to the manufacture and sale of plastic products
The buyer specializes in the design, manufacture, and sale of plastic products. The company supplies a wide range of high-level clients. Some of the main plastics products within the company’s portfolio are:
•Automobile resin parts
•Lighting apparatus
•Office equipment
•Container for infectious medical waste
•Conductive printed circuit board storage racks
•Material for the logistics industry, etc.
The company has acquired ISO9001 certification and they perform their activities to stabilize and improve manufacturing quality.
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Activities and products of the target
The buyer is currently looking for a target company with similar activities. Specifically, the company is looking for a target company that can provide white goods plastic parts. The company is ready to start negotiations if a good target appears.
The management would prefer European countries, but they would consider other countries (Asia, China) if the objective fits well with the strategy. Targets with a positive EBITDA will be valued positively although the final synergy of the company is more important within the purchase. The revenue of an ideal target should be at least 4 million EUR.
The companies could have other kinds of activities like plastic parts production for automotive, TV sets production, etc. It would be an advantage if the company already had a recognized name in the plastic industry. The target company should have a demonstrable track record and good customer relationships. In case the buyer will acquire an established business, the buyer will keep the level of production at first and then try to expand it rapidly as it would function as a base of operations in Europe.
Highlights of this buyer for a white goods plastic parts manufacturer in eastern Europe
The buyer is an Asian integrated plastic manufacturing group
The company is looking for a target company which can provide white goods plastic parts.
The target company should have a demonstrable track record and good customer relationships
Information about this buyer for a white goods plastic parts manufacturer in eastern Europe
Feel free to contact us for more information regarding this buyer for white goods plastic parts manufacturer in eastern Europe or if you know possible interested or suitable parties. For more buyers of plastics companies, please visit the section plastics companies wanted. For plastics companies for sale visit the section plastics companies for sale.
More information on this buyer for white goods plastic parts manufacturer in Eastern Europe
Please get in touch if you are interested in learning more about this buyer for white goods plastic parts manufacturer in Eastern Europe. For more plastics companies for sale please visit the section plastics companies for sale. For other plastics buyers, please visit the section plastics companies wanted. If you are instead interested in plastics companies for sale, please visit the plastics companies for sale section. For plastics buyers, please visit the section plastics companies wanted.
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