Polyethylene / Film Packaging Manufacturer

www.GlobalBX.com

Listing ID: 700232765

Listing Title: Polyethylene / Film Packaging Manufacturer

Quick Link: http://www.globalbx.com/listing.asp?bId=232765

Industry: Manufacturing

Industry Segment: Paper and Packaging Manufacturing

Country: Turkey

State / Province:

Area

City:

Asking Price Range: $10.0M - $20.0M

Gross Revenues: $15,000,000

Cash Flow: $1,200,000

Cash Flow Type: EBITDA

Year Established: 1998

Number of Employees: 50 - 99

Business Description:
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



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