premiumPremium

Products/Service

Tied Expansion Joints, Hinge Expansion Joints, Gimble Expansion Joints, Pressure Balanced Expansion Joints, Single Expansion Joints, Universal Expansion Joints, Rectangular Expansion Joints, Refractory Lined Expansion Joints, Thick Walled Expansion Joints, Rubber Bellows, Single Expansion Bellows, Universal Expansion Bellows, Tied Universal Expansion Bellows, Hinge Expansion Bellows, Pressure Balanced Bellows, In-Line Pressure Balanced Bellows, Gimbal Expansion Bellows, Square / Rectangular Expansion Bellows, Rectangular Expansion With Miter Corners, Single Circular Bellows With Rectangular Opening.

Clientele Type

L&T Heavy Engineering, JSW Steel, Essar Steel, Reliance, Kirloskar Oil Engines, L&T Hydrocarbon, BHEL, Praj, Cummins. Steel and Power industries

Premises

Self Network and Sales Team

Asking Price Includes

Full sale includes - Land and building INR 10 Cr., machinery, Goodwill, clientele INR 2.5 Cr., stock inventory INR 1.5 Cr.

Reason

One of the partners wants to Exit

Other Details

It is a Partnership business with 2 partners. The Company was established in the year 1988 and Manufacturing was commenced in 1992.
An ISO 9001‐2008, IBR Certified and India's First Lloyd's Type Approved (For Marine Application) conglomerate known for Quality & Commitment at the marketplace.
One of the leading company having core businesses of Design, Manufacture & Supply of Expansion Bellows/Compensator/Joints, Corrugated Hoses and Engineering Fabrication.
They have Clients from India and South Asian Countries.
Land area is 20,000 sq.ft. and build up area is approx. 3300 sq.ft. There is a 2 storey building.
Turnover FY 2018-19 was INR 7.4 Cr.
They are looking for
a) Working Partner with Investment of INR 7 Cr. for 50% Stake.
b) Full Sale INR 14 Cr. (negotiable)

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