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Polyethylene / Film Packaging Manufacturer
Location: Turkey
Industry: Manufacturing > Paper and Packaging Manufacturing




Business Summary

Company is active in plastic packaging business for 17 years, producing various
Polyethylene (PE) Films for protection purposes, being the biggest Bubble PE film
producer in Turkey, with its 3 high-tech extruders with co-ex and in-line coating
technology, also producing shrink and Plain PE films at 5 different monoextruders
and tailoring them with 5 bag-making lines

- Serves home appliance, furniture, ceramic/porcelain, glass, HVAC industries, and
plans to move into new industries as the demand is increasing
- Customers include Vaillant Group (Türk DemirDöküm), Alarko Radiators, Daikin,
İstikbal (furniture), Arçelik (home appliances), Koçtaş (DIY retail), Zehnder Group,
Renault, and Ford
- Having the experience and know-how in protective packaging films, Company
established a subsidiary, which only produces Technical Multi-layer PE Films for
the domestic and international converters in mainly food packaging industry
- Company is currently located at Gebze Plastics Industrial Zone (GEPOSB) since
1997. However, the new factory investment was made in Bozüyük Industrial Zone
in 2011, around 250 km from Istanbul, to meet the increasing demand of the
market, while taking the advantage of perfect logistics zone. The new factory
building has 6,600 m2 closed area on land plot of 72,500 m2 and already
operational

Investment Highlights:
- 17 years of experience with a reliable brand
- Expanding in the region with high quality machines
- Leader position in plastic packaging market
- Well-positioned brand with its multi-purpose products
- Bubble Wrap PE Film with 4,520 tons/year capacity
- Plain Shrink PE Film with 1,950 tons/year capacity
- Specialty Technical PE Film with 4,450 tons/year capacity
- Widest network with more than 400 customers having long-lasting relations
- Leadership of usage and adapting ERP system to its full operations and machines


Financials

Asking Price Range:  $10.0M - $20.0M
Gross Revenues:   $15,000,000
Cash Flow:   $1,200,000
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  1998
Number of Employees:  50 - 99
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale




Print Listing Id: 700232765
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