A Turkish-based manufacturing company that has been operating for 23 years, specializing in industrial pastry ingredients. The company offers a diverse range of around 360 products categorized into four groups: Liquid, Powder, Cream, and Nuts. These products, which include items like vanillin with sugar, cold glazes, cream fillings, baking powders, and various chocolate products, cater to both domestic and international markets.
The company serves a wide customer base through multiple channels, including chain markets, domestic dealers, industrial producers, wholesalers, bakeries, exports, and online sales. The company ranks among the top 10 manufacturers in Turkey's industrial pastry sector, with a focus on delivering quality ingredients for a variety of pastry and dessert applications.
Financials
Year
2021
2022
2023
Net sales
4,410,750
6,800,583
6,715,207
EBITDA
18%
27,4%
24,8%
Currency: USD
Target Price / Revenue: TBD
Target Price / EBITDA: TBD
