Listed by:
Manufacture, Export and Design of Fine Handcrafted High Quality Jewellery
Supplying to the International Market
Ref no: AK19
Confidentially offered for sale
Location
Thailand
Asking price £1.5 Million
(100 Million Baht, 2.15 Million Euros)
Annual Growth exceeds 30% per annum
Assets (land, buildings,machinery, equipment,moulds etc.)exceed 50 Million Baht
The business produces an extensive collection of high quality, unique silver and gold jewellery, as well as combination silver/gold jewellery.
The company was established and started from scratch approximately sixteen years ago by the current vendors. Having started as a small concern with a small amount of jewellery the business has experienced steady growth each year and is today serving customers in approximately 25 countries around the world and is still expanding into new markets and regions.
Along with highly skilled and relatively cheap labour the company has a management with very long experience of jewellery and jewellery production as well as gemmologist competence and proficient designers.
The company has its presence in a country that is a centre for jewellery production. Concentrating on design and product development the designs are a blend between Thai and Northern European ideas, which has proved very successful. There is a collection of about 7,000 models in total: adding up to a very large number of new models every year.
The company is built not only with knowledge in manufacturing, but also in wholesale and retail and has gained its reputation through honesty and a high quality make.
Key Opportunities:
There is vast scope to expand sales. The company would benefit from more investment in development and also in staff with managerial and organisational skills. The addition of more employees would free up time for extra marketing that will inevitably increase future turnover.
The business has a regular and strong revenue generated by the already extensive client base and is now getting established in middle Europe, Belgium, Holland and Germany through main whole sellers.
Ongoing developments of products for a UK client now also seem very promising.
Northern Europe is the strongest market, where the company is dealing with most main players in the market and are getting ever more established with bigger business with more companies, both whole sellers and chain stores. The company supplies to a very successful Internet jewellery business that offers enormous potential for future trade. Supply to this major customer is expected to double in 2006, (notably business with this particular customer has already doubled in the last three consecutive years).
The company has been extremely successful at the annual trade fair that introduced many interesting new customers, it is now seeing a continuous expansion of turnover
Customer Service:
The company are able to adapt to more or less any market with a high grade of customer service.
Key Strengths:
The company has been established for over fifteen years and is very solid and now operates on a global scale. There are now over 40 customers in over 20 countries.
Production is not only in silver jewellery but also in gold and in combination of silver/gold. The company has extensive knowledge of producing pieces in precious metals using the latest laser technology and runs a complete in house operation with modern machinery.
The company has had the advantage of a positive development. To a very high degree this is due to the extensive network of customers all over the world.
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