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Type of Business Entity: Limited Liability Company with single owner
Location: Istanbul, Turkey
Founded on: September 1985
Industry: Manufacturing (Industrial diamonds and superabrasive products)
Issued Capital: 30K TL
Annual Turnover (2018): 1.6 million TL
EBITDA (2018): %40.3
The company is a leading producer of industrial diamonds and superabrasive CBN wheels in Turkey. The company designs special products for carbides, steels, inconel materials, PCD, PCBN and titanium. Industrial diamonds and CBN products have a diverse range of applications. The company is serving to a wide range of industries including aviation, weapons-ammunition, automotive, food industry, paper- pressboard- packing-press industries, sanitary systems, gas armatures, machine-tools, connectors, medical industry, energy industry, woodworking (Circular saw-HSS saw), textiles and metal sheet industries.
The founder and owner of the company seeks for his retirement and therefore would like to sell his highly promising business.
Industrial Park, Umraniye/Istanbul, Turkey
The production facility is on lease. The leasing contract can be extended as long as it needed. The machinery inside the facility belongs to the company and they are being actively used by the company itself.
Within the last 30 years of company history, the company has managed to prove its capabilities to leading manufacturers in Turkey and in the region. The company supplies products to hundreds of leading manufacturers from a wide variety of industries. With high customer satisfaction and long-lasting relations with its clients, one of the most important assets of the company is its clients.
Gross margin in superabrasive wheels production business is very high in the world. The company is also enjoying very high gross and net margins thanks to its optimized production process and company reputation.
The owner wants to be retired.
The company has managed to develop innovative high-quality products and keep this know-how within the company for decades. The employees of the company have more than 10 year of experience in the business. The current company owner is open for providing advisory after selling the company.
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