Description Company Overview
Company is an integrated tooling and plastics parts components manufacturing operation based next to Istanbul, Turkey. Core product offerings are white goods appliance parts, automotive trim parts and electronics, HVAC, and furniture components.
Plastics parts for white good appliances include value added end-customer facing painted printed and assembly parts of knobs and doors. Automotive parts are interior and exterior plastics trim components.
Company is a strategic partner to key O.E.M's and automotive tier-1 companies. Company operates with 280 employees and has TS-N 16949, ISO 9001 Total Quality Management, ISO 18001 Work Place Safety Governance, ISO 14001 Environmental Governance, TS-N 17025 Laboratory Accreditation certifications in place. Company runs its business on an ERP system.
Financial Highlights
2014 sales are projected to reach USD 20 M with around 15% EBITDA margin
Company has registered 13% CAGR growth in the last years, which is expected continue in the next 3 years given the pipeline of committed projects
Export sales maintain at a steady 10% share in total sales as there is a strong demand from local market
Investment Highlights
Competent qualified supplier for Turkey's leading export item automotive parts and Europe's leading white goods industry
Integrated tool design and part manufacturing capability
Sustainable low cost manufacturing base for customers' with high barriers to entry
Experienced management and design team
Diversified market segment portfolio