Profile number 107959
23/05/2024 Date added
Located in
Europe
Also interesting for this region (s)
All of the country
Sector
Engineering
Type of company
Metal conversion
Legal entity
Private limited company
Type of transaction
Shares
Life phase enterprise
Growing
Employees in FTE
10 - 25
Type of buyer
Turnover last financial year
€ 1.000.000 - € 2.500.000
Asking price
€ 250.000 - € 2.500.000
Earnings before taxes
€ 250.000 - € 500.000
Client offers an equity interest of a metal products plant, (mainly punching and punching, cutting. setting and welding) located in Eastern Europe near the EU border. This company has established an excellent reputation in Western Europe. Guaranteed growth potential.
The Dutch entrepreneur founded this metal manufacturing company in 2013. It mainly manufactures and supplies fasteners for the construction industry and construction wholesale, such as supports, profiles and fastening brackets as well as construction work. Small and medium series are delivered to well-known multinationals and local technical wholesalers in Europe, mainly in the Netherlands. They supply excellent quality products, adequately and quickly, and at competitive prices. New products can be made and delivered quickly. Turn key solution / boarding ready for a buyer/customer. Fully ISO (SGS) and EN certified, CE marking.
The company's production is located in 2 production halls of 400 m2 and 300 m2 respectively, the offices occupy 90 m2. The complex is leased. The entrepreneur has now purchased 6,600 m2 of building land in an industrial park where a number of internationally known companies are located. A new production hall will be built on this building site.
The company has a steady workforce of about 20 employees, the average age is 30-35 years. The management and engineering speak English and German, the entrepreneur also speaks Dutch. Internationally oriented. Excellent OTD and PPM scores.
Our client is looking for a buyer co-shareholder for an equity stake in this company; for example, a wholesaler or a machine factory in need of the consistent supply of metal products (preferably but not necessarily for the purpose of construction) that can be manufactured by our client's company.
The turnover (90% on contract basis,) moves between € 1,5 and € 2 Mio; Ebitda will grow to ca € 400K. Machinery has a value of approx € 320K. The purchased land has a value of approx € 70K.
In consultation with the client, the value of 100% of the shares has been set at € 1.95 Mio in combination with an Earn Out arrangement.
A comprehensive Information Memorandum is available.