Reason for acquisition: The management wishes to expand their business in plastic and rubber parts in Europe
Overview of the plastic and rubber part manufacturer wanted in Europe
The acquirer is a company based in North America that supplies plastic and rubber injection molded parts to the automotive industry in Germany. They specialize in 2-k parts, especially 2-k rubber parts. The company wishes to acquire a 10+ million euro company in western Europe. The target could have additional plants in North America, Asia, and or Eastern Europe.
Profile (strategy) of this potential buyer for a plastic and rubber part manufacturer in Europe
The target should manufacture plastic and rubber parts for automotive and industrial applications. Plastic or rubber injection molding or compression molding technologies are required. The company should also have ISO and TS certifications. Design capabilities would be a plus.