The factory for sale is an induction furnace manufacturer business in Eastern Europe that exists for many decades. The induction furnace manufacturer produces high quality induction furnaces of various types. The annual turnover is above 10 million Euros and is growing at least 25% due to new projects that have come in. The company is one of the few leading medium frequency (MF) induction furnace manufacturers in Europe. The induction furnace manufacturer for sale has produced more than 700 systems supplied in 45 countries including the USA, France, India, across four continents. The company for sale installs its own manufactured induction melting systems into turnkey mini steel plants, and operates as the pilot company, contractor and co-ordinator of such projects. The entity’s foundry systems incorporate Induction Melting System, Pouring Machine, Moulding Line, Sand Preparation System, Other auxiliary equipment as required. The induction furnace manufacturer for sale possesses 3 local & 6 abroad service stations and services more than 300 customers. The company for sale has started two turn key projects abroad in Iran & Algeria with total value of app. Usd 23 Mio which are expected to soar revenues in the next year.
Get details about this manufacturing company for sale
The owners of the induction furnace manufacturer located in Eastern Europe are interested to sell to a strong strategic buyer or investor from the industry. The principal company of the group was established in the 70’s of last century to produce power electronics devices including industrial rectifiers, uninterruptible power supplies (UPS), and induction furnaces. Later on the company also began to produce induction furnaces. The first one was a 75 kg furnace with 50 kW converter.
Type of activities in the induction furnace manufacturing company for sale consist of:
The induction furnace manufacturer company for sale is an ideal target for a larger player in the industry or a company that is active in similar fields and that wants to enter the induction furnace manufacturing field. The induction furnace manufacturer company for sale has various highlights like:
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