The owners of this Turkish company are looking to sell a minority share in their company with a factory with 200+ employees. This company has a history of more than 50 years in the business. The buyer is internationally present, has more than 6 million EUR revenue. The owners are thinking about a valuation of approximately 1.5 million EUR for 10-15% minority share, but they are willing to talk about the valuation with strategic buyers.
This company for sale is an established manufacturer of stoves and heating equipment based in Turkey. The company manufactures products under its own brand, but also as an OEM supplier.
The operation is carried out in a large site in Turkey, located in a strategic industrial zone near highways. At present, the company has more than 200 employees. The company is one of the top ten companies in this industry in the Turkish market.
The product portfolio of the company includes
The company also has its own research and development department.
The sales are conducted via a network of dealers and service points. Apart from the Turkish market, exports are made to multiple clients in countries in Europe and Asia. Currently, cooperation is established with more than 125 resellers/distributors.
Contact us to get details about this stove manufacturer in Turkey for sale
The company has its own extensive manufacturing facilities with modern equipment. Thanks to this, and its quality control systems, the quality of the products is very high and constant.
The machine park includes for example:
The company is able to do also electrostatic coating and enamel coating.
Feel free to contact us for more information regarding this stove and kitchen equipment manufacturing company for sale or if you know possible suited buyers. For manufacturing companies for sale visit the section manufacturing companies for sale. For more buyers of manufacturing companies please visit the section manufacturing companies wanted.
Note: CFIE only works with formal companies. We do get a lot of requests and it is difficult to follow up on all inquiries from visitors to our website. For each company, we assess the likelihood of a future transaction. We only get back to you if we see a realistic opportunity to do a future acquisition or business sale. In order to increase your chances of receiving a reply as an individual, please explain as much as possible about your personal background, strategy and fit with the target. There is also a possibility that your details will be kept on file and we will get back to you once there is an opportunity to do a transaction. CFIE can’t guarantee you will receive an answer to your request.