Business Catalogue

Manufacturer of rubber seeking for Joint & Venture project
Manufacturer  of  rubber  seeking  for  Joint  &  Venture  project 

Selling price: 1,000,000 EUR
Real Estate Value: 0 EUR
City: West Region
Annual turnover: 12,500,000 EUR
Operating profit (EBITDA): 625,000 EUR
Country: Bulgaria
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The EU's rubber conveyor belt market is experiencing consistent growth driven by industrial automation, infrastructure projects, and a shift towards eco-friendly practices to meet sustainability regulations along entire supply chains. • Tyre production in the EU is strongly propelled by the region's robust automotive industry, increasing demand for technologically advanced and eco-friendly tyres, and a focus on meeting sustainability standards through innovations in tyre manufacturing. • Southeast Europe is a key region for tyre manufacturing with production sites in Serbia, Romania, Poland and Turkey.
Capacity of production is semnificative on the market about 7k tonnes/year and products are mainly exported in 5 countries from european market. Each country has its share from the total value of production, including 31% exported in Czech Republic, 21% in Bulgaria, 17% in Serbia, 11% in North Macedonia, 4% in Germany, and 16% in other nearby countries. The sales model of the company is B2B based on cooperation agreements.
•3 buildings •160k m2 built-up area •10 mixing lines • Electric station
The opportunity of current facilities and spare capacity allow the company to initiate a pivot towards rubber tyre manufacturing as a higher margin production activity. A strategic investor with industry expertise and solid R&D would help leverage existing capabilities in order to launch a new production line; existing lines of business allow low raw material costs and streamlined production with minimum capital expenditures.

Detailed information

Turnover from previous years 1,741,407 EUR
Inventory included in price No
Number of Employees 200
Reason for sale Strategic pivot
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