Description

We represent a furnace manufacturing company in Southern India that is looking for sale of undertaking due to succession issue. Company has been in existence for over 4 decades and has never made loss. It is a leader in Bell Annealing and Continuous Furnaces. Unique and cost effective patentable technology gives cutting edge to the company and makes it highly profitable. EBIDTA close to 25%

Clients of the company are well known names in India and abroad.

Company has received lot of accoloades and awards. Other forward integration unit of the company was recently sold to the Indian Subsidiary for a Japanese Auto major. Company wields huge potential and 4X growth in 3 years is a distinct possibility.

Posted Apr 30, 2016

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