Auto Parts Business for Sale in İstanbul, Turkey
- Operating for app. 20 years
- Main competence: Metal Tube and Profile Forming
- Sales of Usd 1.4 Mio with 10% EBIT margin
- Strong growth potential with rapid growth in sales
- Number of employees : 40
- ISO 9001, ISO 14001, TS 16949 Certificates
- Continuous Growth with new Customers and Projects
- Export Customers in Turkey, Germany, UK, France, Italy and USA.
- Product portfolio : Construction Parts for Cars, Light Commercial Vehicles, Trucks, Tractors and Busses ; Precision Parts such as Cross Car Beam ; High Quantity Parts (over 400000 pcs/Year); Appearance parts for Trucks, Busses and Tractors; Handle pipes; Heat Exchanger parts; Parts for Solar panels
Type of business: auto parts, car parts, auto supplies, car supplies
The company is currently growing in a rapid phase with new projects from export markets.
The sales price is not disclosed at the moment and is subject to further consideration and negotiation based on the terms of offer.
Price discussions are to be made at the further stages once a site visit is sone by an interested strategic investor.
Reason for selling
Sole partner of the company, Mehmet s planning for retirement and has plans to hand over the business to his daughter and son together with a sale to a strategic investor. Founding partner is preferably looking for a full sale whereas partial sale is also on the agenda.
Required buyer qualifications
Management team of Biel is willing to join forces - if not a full sale - with a strong strategic investor which has an established know how and has strong plans to expand to the nearby regions such as Middle East & Europe. Strategic investors who have operating in white goods or energy sector are also welcome by the management as there is an intention to grow in that space.
Category: Business | Auto parts
Located in İstanbul, İstanbul, TR