The company is operating for around 38 years and amongst the major auto parts supplier of Mercedes Benz busses in Turkey.
The firm has recently completed its’ fixed asset investments and as of today operates at the new production plant with a total closed area of over 3,000 m2. With the new investments, plans are to grow the sales as well as profitability and raise the share of exports. The management’s goal is to attain sales of Usd 10 Mio within a few years based upon export oriented sales.
As financial highlights, the company’s aggregate turnover is € 2.2 Mio with 9% net profit margin. The company has registered growth rate of 23% & 365% in turnover and after tax profit respectively.
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The company is one of the major plastic cap producers and exporters in Turkey with a specialization of food and mineral oils. Most of the caps are in plastic form contemplated for food & mineral oil bottle and jars.
The company is a selective manufacturer of fixtures for bus trunk and dampers for auto parts industry since 1978. The company is producing and exporting to companies such as Turk Traktor, Mercedes Benz etc…The company today exports to Germany, Poland, UAE, Italy, Brasil, USA, Iran, Sweden, Latvia, Lebanon, Slovenia, Russia, Spain, Lithuania, Portugal & Switzerland.
The company holds ISO 9001:2008 certificate of quality management systems and ISO/TS 16949:2009 certificate, again in regards to quality management systems, which fulfills particular requirements for the application of ISO 9001:2008 for automotive production and relevant service part organizations.
The company is currently looking for strategic partners to grow the business further. Shareholders are sondiering to sell part of the company to grow the business, but at the same time would consider majority offers based on the terms of offers. The company is preferably looking for joint venture partners.
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