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Businesses For Sale   >>   Paper and Packaging Manufacturing Businesses For Sale

Polyethylene / Film Packaging Manufacturer

Location  Turkey
Asking Price Range  $10.0M - $20.0M
Gross Revenues  $15000000
Net Profit / Cash Flow  $1200000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1998
Number of Employees  50 - 99
Relocatable  No
Number of Employees  50 - 99
Real Estate  Owned

Description  
Company is active in plastic packaging business for 17 years, producing various Polyethylene (PE) Films for protection purposes, being the biggest Bubble PE film producer in Turkey, with its 3 high-tech extruders with co-ex and in-line coating technology, also producing shrink and Plain PE films at 5 different monoextruders and tailoring them with 5 bag-making lines - Serves home appliance, furniture, ceramic/porcelain, glass, HVAC industries, and plans to move into new industries as the demand is increasing - Customers include Vaillant Group (Trk DemirDkm), Alarko Radiators, Daikin, İstikbal (furniture), Arelik (home appliances), Kotaş (DIY retail), Zehnder Group, Renault, and Ford - Having the experience and know-how in protective packaging films, Company established a subsidiary, which only produces Technical Multi-layer PE Films for the domestic and international converters in mainly food packaging industry - Company is currently located at Gebze Plastics Industrial Zone (GEPOSB) since 1997. However, the new factory investment was made in Bozyk Industrial Zone in 2011, around 250 km from Istanbul, to meet the increasing demand of the market, while taking the advantage of perfect logistics zone. The new factory building has 6,600 m2 closed area on land plot of 72,500 m2 and already operational Investment Highlights: - 17 years of experience with a reliable brand - Expanding in the region with high quality machines - Leader position in plastic packaging market - Well-positioned brand with its multi-purpose products - Bubble Wrap PE Film with 4,520 tons/year capacity - Plain Shrink PE Film with 1,950 tons/year capacity - Specialty Technical PE Film with 4,450 tons/year capacity - Widest network with more than 400 customers having long-lasting relations - Leadership of usage and adapting ERP system to its full operations and machines


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