Company for sale

• Revenue: < 10 million EUR
• Location: Eastern Europe
• #CFIE AUS137

Overview of automotive power steering manufacturer in Eastern Europe for sale

More than 30 years ago, a family business was born. Since then, it has become a leading manufacturer of power steering systems for OEMs and after-market customers in Turkey. Now, the second generation manages the company in a 10,000 square meter production facility with 6,500 square meters of enclosed space. Altogether, it employs 86 staff members, including 18 white-collar and 68 blue-collar workers. Coupled with an annual production capacity of 400,000 units, it exports 30% of its output to various international markets. In addition, it has IATF 16949:2016 certification for gear assembly design and manufacturing. Further, it holds ISO 14001:2015 certification for gear systems and spare parts alongside ISO 9001:2015 certification for quality management.

Profile of automotive power steering manufacturer in Eastern Europe for sale

The company is actively expanding its focus to the electric vehicle sector. Strategically, it directs its efforts towards L-category vehicles, such as light motorcycles, scooters, and quad bikes. Notably, its high OEM-quality standards and aftermarket products ensure reliability and performance. Moreover, Turkey’s investment climate offers solid protection for foreign investors with competitive labor costs and an advantageous location. As a result, this environment supports the company’s continued growth and development. This combination of market focus and supportive investment conditions positions the company well for future success in the evolving automotive landscape.

Activities of automotive power steering manufacturer in Eastern Europe for sale

The company provides a wide-ranging product portfolio to cater to various automotive requirements. The shareholders are open to discussing acquisition opportunities with financial investors who can assist the company in optimizing its operations and exploring new avenues for growth. These strategic partnerships aim to boost market share in the power steering industry, both domestically and globally.

The company’s product line-up encompasses advanced electric power steering (EPS) systems, offering precise and efficient steering control. It also includes hydraulic power steering (HPS) systems, known for their reliability and widespread application. Further, this also involves mechanical power steering (MPS) systems for durability and simplicity.

In addition to power steering solutions, the company manufactures essential axial joint components. These include high-quality axial joints that connect steering parts to ensure smooth operation. Next, durability and performance are enhanced using tie rod ends that link the steering mechanism to the wheels for effective steering. Also, steering boots protect components from dirt and debris.

The strategic focus is on continuous innovation and maintaining high standards of quality. As a result, the company is ready to capitalize on new investment opportunities. Above all, it aims to expand its products and drive growth in domestic and international markets.

Highlights of automotive power steering manufacturer in Eastern Europe for sale

Company details:

• Revenue: Less than 10 million EUR
• Location: Eastern Europe
• Established: 1980s, family-owned, now managed by the second generation
• Facility: Total area of 10,000 square meters, with 6,500 square meters enclosed
• Employees: Approximately 90
• Production capacity: 400,000 units annually
• Exports: 30% of output to international markets
• Certifications: IATF 16949:2016, ISO 14001:2015, ISO 9001:2015
• Reason for sale: Shareholders are open to acquisition to optimize operations, explore new growth avenues, and increase market share both domestically and internationally

More information on this automotive power steering manufacturer in Eastern Europe for sale

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