Plastic converter in Italy for sale

Company for sale 

• Location: Italy 
• Revenue: < 5 million Euro
• Reason for sale: The company is looking for a strategic investor who feels it can achieve synergies with this company
• #CFIE PLS 315 

Profile of plastic converter in Italy for sale

This plastic packaging manufacturer in Italy is actively for sale, as the owners need to pass on leadership due to health reasons. Please visit the Corporate Finance in Europe site for more information about this plastic manufacturer for sale in Italy. 

Overview of plastic converter in Italy for sale

Overall, the company has stable revenue.  However, this opportunity is only for buyers who are in the same industry and can add value to the company. Further, this is a great price due to financial issues.

Profile (strategy) of plastic converter in Italy for sale

When the company was established in the early 1980s it had a plan to produce flexible plastic packaging. Altogether, they have been in business for more than 35 years and have a stable customer base with over 50 employees.

Activities and products of plastic converter in Italy for sale

Critically, to meet the requirements of its customers, this company focuses on expanding its knowledge and machinery and adapting to new market requirements. Essentially, the company exclusively produces flexible plastic packaging for the food business.

Highlights of plastic converter in Italy for sale 

This plastic converter has various highlights such as: 

• Sales: 15 million, stable
• Profit: 2022 (700) K € – 2021 30 K € (did not make depreciation in both years)
• Total debts: 2022 13.5 million EUR, 2021 14.5 million EUR
• Employees: 55
• Products: Flexible packaging, purely food use
• Established: 1980s
• Equipment: Good technology and machinery
• Property owned: 15,000 sq m, book value 6 million EUR
• Reason for Sale: Family-owned, very old, and in poor health, absolute need for an industry manager (CEO, technician, sales)
• Probable need for bankruptcy proceedings

More information on this plastic converter in Italy for sale

Please get in touch if you are interested in learning more about this plastic converter in Italy for sale. For more plastic packaging companies for sale please visit the section plastic packaging companies for sale. For other plastic packaging buyers, please visit the section plastic packaging companies wanted. If you are instead interested in companies for sale, please visit the companies for sale section. For buyers, please visit the section companies wanted.