Stove manufacturer in Turkey for sale

Company for sale

Size: medium-sized business
Revenue: 6 million EUR
Valuation >1.5 million EUR
Location of the target: Turkey
Reason for acquisition: The owners are looking for investors/buyers of a minority share in their company
#CFIE MAS008

Overview of this stove manufacturer in Turkey

The owners of this Turkish company are looking to sell a minority share in their company with a factory with 200+ employees. This company has a history of more than 50 years in the business. The buyer is internationally present, has more than 6 million EUR revenue. The owners are thinking about a valuation of approximately 1.5 million EUR for 10-15% minority share, but they are willing to talk about the valuation with strategic buyers.

Profile (strategy) of this stove manufacturer in Turkey for sale

This company for sale is an established manufacturer of stoves and heating equipment based in Turkey. The company manufactures products under its own brand, but also as an OEM supplier.

The operation is carried out in a large site in Turkey, located in a strategic industrial zone near highways. At present, the company has more than 200 employees. The company is one of the top ten companies in this industry in the Turkish market.

The product portfolio of the company includes

Fuel Stoves
Natural Gas Heaters
Pellet Stoves
Oven Stoves
Central Heating Stoves
Stove Accessories

The company also has its own research and development department.

The sales are conducted via a network of dealers and service points. Apart from the Turkish market, exports are made to multiple clients in countries in Europe and Asia. Currently, cooperation is established with more than 125 resellers/distributors.

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Activities and products of this stove manufacturing factory open to investors

The company has its own extensive manufacturing facilities with modern equipment. Thanks to this, and its quality control systems, the quality of the products is very high and constant.

The machine park includes for example:

Laser cutting machines
Bending machines
Robotic welding
Welding center
Laboratory

The company is able to do also electrostatic coating and enamel coating.

Highlights of this stove manufacturer in Turkey

The company for sale is a well-established Turkish manufacturer of stoves and heating equipment
The company is looking for an investor or a buyer of a minority share, willing to take part in the growth of the company
The seller has own factory with top-notch equipment and modern R&D department

More information on this stove manufacturer in Turkey for sale

Please get in touch if you are interested in learning more about this stove manufacturer in Turkey for sale. For more housing/kitchen companies for sale please visit the section housing/kitchen companies for sale. For other housing/kitchen buyers, please visit the section housing/kitchen companies wanted. If you are instead interested in manufacturing companies for sale, please visit the manufacturing companies for sale section. For manufacturing buyers, please visit the section manufacturing companies wanted.

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Note: CFIE only works with formal companies. We do get a lot of requests and it is difficult to follow up on all inquiries from visitors to our website. For each company, we assess the likelihood of a future transaction. We only get back to you if we see a real opportunity to do a future acquisition or business sale. In order to increase your chances of receiving a reply as an individual, please explain as much as possible about your personal background, strategy, and fit with the target. There is also a possibility that your details will be kept on file, and we will get back to you once there is an opportunity to do a transaction. CFIE cannot guarantee you will receive an answer to your request.