Back to Listings

Producer of Hoisting & Lifting Machinery and Household Appliances

Bulgaria
Contact M&A Advisor





    Compare Listings

    Receive a free, no obligation business valuation here X Dismiss

    Producer of Hoisting & Lifting Machinery and Household Appliances

    Asking Price:

    €9,000,000

    Gross Revenue

    TBA

    EBITDA

    TBA

    Property ID:

    L#20210039

    Country

    Bulgaria

    Description

    Main producer of stacking machines in Eastern Europe.The long experience in the production proves that the company’s products are reliable. They are distinguished for their low operating costs and have extremely long-term operation.

    • Establishment of the Company
    • Transformation in a state-owned company
    • The first Certification for CE marking by TUV- Germany
    • Transformation into a private company
      • increase in production volume;
      • opening new customers and markets;
      • sale of surplus properties;
      • increasing competition,
      • reduction of product prices,
      • increase in the prices of materials,
      • reduction of orders due to the crisis,
      • increase in credit indebtedness,Investment of over 1 500 000 EURO in buying new technological equipment;Many World-famous concerns started their activities at the beginning of the last century as small family businesses. This is how the history of a Bulgarian company develops. Founded a little over 100 years ago by 4 brothers, the small workshop today is a huge enterprise producing household stoves, hoists, trans manipulators and pallet trucks. In all the years of its existence the company has been a structural determinant and of a great public importance for the region.The first steps in founding were made in 1916. In the 1930s, modules and machine elements were produced for the developing Bulgarian industry. In the early 1950s, after nationalization, production of more complex structures, elements, platforms and electromechanical products began. In 1964, the first electrical hoist was produced. In the 1970s, the production of electric hoists and household appliances (cookers) increased significantly. In 1971 and 1973 respectively, the first rack-stacking crane and the first electric cooker is produced. In 1988 the first hand pallet truck is produced and in 1990 – the first wood burning stove.After 1989, the company went through a difficult transition, but found a market to realize the traditions and quality with European and Russian partners. In 1997 the company became a private company.In 2001 the company was certified according to ISO 9001: 2000.Certified quality Correctness Teamwork

        Dynamics

        Integrity Ethics

        Corporate Statement, Mission and Vision

        Mission

        With the lifting equipment to make the hard work lighter and more attractive, with the heating devices to warm the people.

        Vision

        In every company – our lifting equipment, in every home – our heating appliances.

        Corporate Statement

        Our aim is to provide optimal products in order to meet the needs of our customers. The company believes that by maintaining a healthy business relationship with its customers, suppliers and employees it will result in further success and future prosperity. We also believe in our people and value their commitment, skills, attitude and effort.

        Product & Market Structure

        60% Hoisting & Lifting Equipment
        40% Household Appliances
        Markets: Domestic and international, over 75% of sales to foreign markets: EU countries, Russia, South Africa, etc.

        Lines of Business

        Spanning more than ten decades, the Company is a fully integrated and innovative business with 2 main lines of business:

        –  Hoisting & Lifting Equipment including chain electric hoists with a capacity of 1 to 10 tons, rope electric hoists with a capacity of 1 to 25 tons, cantilever and gantry cranes, pallet trucks, forklifts, transmanipulators, manual chain reels.

        –  Household Appliances – a wide range of free-standing fireplaces and built-in chambers (dry and with water jackets), electric cookers, solid fuel cooking and heating stoves, pellet boilers and burners.

        SWOT

        large production capacity;
        trained and prepared staff;
        good location; developed customer network;
        developed foreign markets;
        excellent reputation among customers;
        high quality products, some of them unique; implemented quality system ISO9001: 2015; international licenses for some of the products;

        WEAKNESSES

        the production capacity is not loaded; insufficient orders;
        redundant real estate;

    Detail

    Updated on March 22, 2021 at 10:29 am

    Property ID:L#20210039
    Property Type:Manufacturing
    Property Status:For Sale
    Asking Price: €9,000,000
    Gross Revenue:TBA
    EBITDA:TBA
    Reason for Selling:Intention of the shareholders for restructuring of the group’s businesses. The current management is going to support the transition to the new owners and provide support, if needed
    Contact M&A Advisor





      Schedule a Tour

      Your information

      Similar Properties

      $12,000,000TBA/EBITDA
      制药

      This company for sale is a healthcare company based in Bangalore, India. The business is involved in the manufacturing and supply of medicines and nutritional supplements to people across the globe (Quality standards as specified ...

      $12,000,000TBA/EBITDA
      TBA

      Manufacturing

      $11,500,000$450,000/EBITDA

      This company has been in the Colombian market for 19 years, it owns the approved INVIMA registrations. There is a serious conversations to expand market to Guatemala and 5 more countries in Central America with one big distribu ...

      $11,500,000$450,000/EBITDA
      $450,000

      Manufacturing

      $4,000,000$114,567/EBITDA

      Growth Opportunities Management believes there are several growth opportunities which can be pursued including expanded operations, new product offerings, expanded customer markets, and geographic expansion. These opportunities ...

      $4,000,000$114,567/EBITDA
      $114,567

      Manufacturing

      €42,900,000TBD/EBITDA
      生产土方设备和农业机械“意大利制造”

      The company specialized in the production and design of components for medium-heavy carpentry for construction equipment, agricultural machinery, lifting equipment and military machines. Reference market: The target market is the ...

      €42,900,000TBD/EBITDA
      TBD

      sqft: 50000

      Manufacturing

      $175,000,000TBA/EBITDA

      This 30 Year Old International Shipping & Fuel Trading Energy Business aims to be the preferred regional provider of fuel trading in large quantities in all United Arab Emirates ports and off shore through their fleet of road ...

      $175,000,000TBA/EBITDA
      TBA

      Manufacturing

      $60,000,000$1,900,000/EBITDA
      铝型材的领先制造商

      Founded in 1991, this manufacturing metal company for sale is one of the leading Aluminum profile producer in Turkey. The Metal Company landed on a total area of more than 40.000m2 close to Istanbul.  The Company has 3 extrusion ...

      $60,000,000$1,900,000/EBITDA
      $1,900,000

      Manufacturing


      No Review ( 0 out of 5 )

      Write a Review

      Login for Review

      PREVIOUS PROPERTY

      System Integrator IT Company in Bulgaria

      NEXT PROPERTY

      30 Year Old Tobacco Manufacturer, Distributor, Retailer

      MergersCorp M&A
      International As seen on

      • brand 1
      • brand 1
      • brand 1
      • brand 1
      • brand 1
      Skype