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Vegetable canning factory for sale
Vegetable canning factory for sale
- The sales of the business for sale are between 1 and 5M Euro
- The location is Eastern Europe
- The manufacturing company employs more than 100 people
- Reason for sale: The owner wants a financial partner to grow the company together via improved working capital or sell fully to a strategic buyer
- CFIE FOS076
- The asking price is around 3M Euro
Overview vegetable canning factory for sale
The factory for sale is a vegetable canning business in Eastern Europe that exists for more than 2 decades. The company has new, modern machinery and quite some investments have been done over the last years. The canning company for sale has a production capacity of 10 -15 million jars for seasonal products. It possess advanced processing technology that include pasteurization and sterilization. The initial investment of the company was more than 4 million euro. The company has implemented many food safety standards: IFS, ISO 9001, ISO 22000, and HACCP. The company sells into many markets like Serbia, Bosnia, Croatia, Montenegro, Kosovo, Slovenia, Germany, Cyprus, Australia, USA and Canada. The annual turnover ranges from 3 to 5 million Euros. This revenue is realized with around 100 employees. The company produces private labels for many supermarket chains in the region. It also produces private labels for distributors worldwide. On the local and surrounding markets the company has well established and known brand name and label for its products. The company has the highest quality of products, good manufacturing practice and satisfies strict rules of IFS, ISO 22000 and HACCP standards.
Profile (strategy) of vegetable canning factory for sale
The owner of a canning factory located in Eastern Europe is interested in selling the factory. The main background is that the company faces working capital issues. One alternative is to find a financial investor that supports in improving the working capital availability. With this support the revenue can grow to 10m Euro and the profitability can be increased significantly. Another alternative is to fully sell out to a strategic buyer.
The company focuses on sales to regional vegetable canning product distributors. The company has built up a network of distributors of its vegetable canning products. The business is looking for a sale to a larger strategic player as the owner wants to retire. The company’s core business is production and processing of champignons. Next to this it also processes fruits and vegetables. The company is one of the leading canning factories in the region. The company has production lines for roasted peppers, beetroot, tomato’s and many other products. The companies annual production capacity is more than 12000 tons of final products.
Vegetable canning products
The products of the canning company for sale consist of:
Highlights canning company for sale
The vegetable canning company for sale has various highlights like:
- New factory with new equipment
- Many important certifications
- Strategically located in a low cost country with very competitive labour
- Increasing demand for vegetable canning products
- Opportunity to expand the sales within the current factories with an improved working capital
Information about vegetable canning company for sale
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