Description European top player in its product segment supplying to OEM and Tier 1 customers in automotive and truck industries; sales at EUR 20 Mio generated with 200 employees; EBIT of EUR 1 Mio. expected for 2014; Purchase price guidance at EUR 5 Mio for 100% of the shares with additional debt restructuring
Key Investment Highlights
- More than 100 years experience in the production of top-notch plastics and metal precision parts
- Significant market share in Europe in its main product segment
- Single source supplier on most of its parts delivering to almost all OEMs in the automotive and truck industry in Europe
- More than 50% of output exported outside of Europe
- The company is currently in a restructuring phase and plans to return cash-flow positive with an EBIT of EUR 1 Mio. in 2014
- Transaction Structure: EUR 5 Mio. for 100 % of the shares with options to acquire smaller shares. Diversified family ownership structure.