Automotive rubber parts manufacturer in Turkey for sale

Company for sale

• Size: Large company
• Revenue: >80 million EUR
• Location of the automotive company: Turkey
•  Reason for sale: The owners of this automotive company are looking for a suitable strategic buyer or financial investor, willing to take over 100% of the shares and continue with a great and profitable automotive company
• #CFIE AUS014

Overview of this automotive rubber part manufacturer in Turkey for sale

This supplier of rubber parts for automotive companies is a privately-owned business with a great history. Currently, the owners have agreed on selling 100%, or a majority share in their company, so the company has new energy and grows steadily in the following years. The company is a well-established player in its sector so this is a great opportunity for a large automotive player to expand by acquiring a running business in Turkey.

Profile (strategy) of this automotive rubber part manufacturer in Turkey for sale

The company was established in the 80s with the goal to produce rubber parts for the automotive sector. The production started with the compression molding method, developed in parallel to the changes in the sector, and today it has become active in areas such as:

• Home appliances
• Construction
• Railways
• Defense
• Automotive sector

The company also specializes in injection molding of rubber elastomer and hose parts that have been strengthened with extrusion profiles and textiles.

The owners are mainly seeking a sale of 100% of the shares in the company, but they are also open to discussions about selling a majority stake and remaining in the company as a minority shareholder or a controller.

The revenue of the company is constantly growing by 5-20% annually. The estimates project similar growth in the next few years. The gross profit is stable and reaches on average 10 million euros every year.

Activities and products of this automotive rubber part manufacturer in Turkey for sale

The company produced parts for the Turkish market in its first years of existence but after that, it managed to become known in the international arena by exporting directly a high amount of its production. In recent years, plastic extrusion parts were added to the rubber part production and apart from rubber, production started with plastic materials, which are indispensable today.

Over time, the product diversity was improved one step further by investing in the production of plastic injection. Today the company serves its customers with more than 450 highly trained and skilled employees, in multiple locations.

The product portfolio of the company is wide, the range includes:

• Rubber injection products
• Various kinds of plastic extrusion products
• Various automotive plastic injection products
• Hose products

Highlights for this automotive rubber part manufacturer in Turkey

• The company is a financially strong manufacturer of supplies worldwide
• The company has a long history and an established position and relationships with customers
• The owners are willing to discuss a 100% exit, but they will evaluate if the acquisition can bring synergies to their company

More information on this automotive rubber parts manufacturer in Turkey for sale

Please get in touch if you are interested in learning more about this automotive rubber parts manufacturer in Turkey for sale. For more rubber companies for sale please visit the section rubber companies for sale. For other rubber buyers, please visit the section rubber companies wanted. If you are instead interested in automotive companies for sale, please visit the automotive companies for sale section. For automotive buyers, please visit the section automotive companies wanted.