Plastic bottle & caps manufacturer turkey

Company for sale

The sales of the business for sale are app. 6.5M Euro
EBITDA margin of the manufacturer is about 25%
Location: Turkey
The manufacturing company employs more than 125 people
The manufacturer for sale has production facilities with a total area of 15,000 m2
Reason for sale: The owner wants to sell to a strategic or a financial buyer for a combination of cash out/in sale.
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Overview of this plastic bottle and caps manufacturer in Turkey for sale

Established in the 70’s, the company started the business with producing cologne and by time has moved towards producing plastic bottles & taps. Today, most of the products are PET bottles.

The company’s sales are mostly to domestic clients such that exports constitute 3% of overall sales as of today. 70% of the sales are against customer cheques with an average maturity of 5-6 months whereas the remaining sales are on open account with an average collection period of 120 days.

Shareholder structure changed two years ago after the current major shareholder’s brother has sold back his shares. Subsequently, the new management has adopted a new strategy and shifted towards larger clients more from working with small companies.

The owners of the plastic bottle & closure producer located in Turkey are interested in considering for a full sale to a strong strategic buyer or a partial sale to preferably an investor which invested in this industry. The family owned business has been operating since 1970s producing PET bottles and closures.

Profile (strategy) of this plastic bottle and caps manufacturer in Turkey

The company’s profitability has increased despite a reduction in sales. Sales in the first two months of this year, compared to those of last year, imply an estimated annual growth rate of over 30% throughout the whole year.

Existing production has 3 shifts. Current capacity utilization ratio is estimated as 70% implying that any possible expansion in production hence sales does not require any investment in additional machineries. The company today operates 18 Nissei ASB machines.

Facilities are spread over an aggregate area of 15,000 m2, 10,500 squaremeters of which is closed area, composed of 3 floors, each of which is 3,500 m2.

Activities and products of this plastic bottle and caps manufacturer for sale

Product portfolio of the plastic bottle & closure producer for sale consists of mostly PET bottles & closures. Company currently has a wide range of product applications such as automotive, cosmetics, detergent, food, medicine, animal healthcare, agrarian pesticide etc.

Highlights of the plastic bottle and caps manufacturer in Turkey for sale

The plastic bottle & closure producer for sale is seeking rather for a strategic buyer which can bring in a differentiated know how and new markets and the management believes that the business is attractive with its’ location for a global player willing to expand to new markets such as Middle East, Asia and North Africa from Turkey.

Some highlighting facts about the producer for sale are as follows :

Well established family business with an operational experience of close to 50 years
More than 1,000 types of bottles are produced
Company owned production facilities suitable for expansion
Strong equity base in comparison to most of its’ competitors
The firm has all necessary quality certificates such as ISO 22000 & ISO 9001 and as well has obtained various patents and qualift certificates from Turkish Patent Institute & Tüv.

More information on this plastic bottle & caps manufacturer turkey

Please get in touch if you are interested in learning more about this plastic bottle & caps manufacturer turkey. For more plastic packaging companies for sale please visit the section plastic packaging companies for sale. For other plastic packaging buyers, please visit the section plastic packaging companies wanted. If you are instead interested in plastics companies for sale, please visit the plastics companies for sale section. For plastics buyers, please visit the section plastics companies wanted.

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