The plastic company manufactures plastic assembly part from its manufacturing location in Slovenia. More than 80% of sale is exports to countries such as Germany, Poland, Czech Republic, Slovakia and UK. The company is a preferred supplier to Volkswagen group and supplies to VW, Audi and Skoda. It has a German subsidiary and a small German marketing team. The company belongs to a larger corporate group that is in unrelated business. The company can be purchased at € 1 equity value (the intercompany debt owed to parent company of € 3 mn can be paid back in next 3-5 years from the cash flows of the company). The management is very experienced in automotive sector and can stay with the company if the investor prefers. Having its own tool room, the company is a niche producer and has technologies like 2-K and GIT (Gas Injection Technology).
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The company has long-term contracts running beyond 2020 that support the business plan. The company is expected to grow to € 17 mn in next 3 years. The flexibility of labour in Slovenia is an added advantage in comparison to companies in Western Europe. There is an additional scope of growing sale to countries like France and Spain.
The company focuses on the production of parts from special plastics and metals. These parts are used in passenger vehicles. The company has 27 injection-moulding machines (Krauss Maffei and Engel) with robotic control and 4 gas controllers.
The company has high experience in the field of plastics designing and manufacturing. A buyer that wants to extend its portfolio by a full service plastics producer can benefit from this. Here are some highlights of this plastics and metal manufacturer for sale:
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