A vintage company looking to acquire

Posted On: 01 / Jun / 2023
0 387

Deal Details

Annual

Deal Type

Buy (Investor)
Maximum Loan

Industry

Manufacturing
Charge

Deal Status

Active

Deal Description

This is a 68 years old vintage company (established in 1955) having their segments (along with their products) in:

  1. Gaskets and Heat Shields - Automotive and Industrial Gaskets, Heat Shields, Nvh Solutions, Stampings
  2. Forgings - King Pins with Assembly, Tie Rods and Housings, Gear Blanks And Shafts (Machined), Yoke Shafts And Flang Yokes, Crown Blanks (Machined), Rod Eye And End Caps, Forged Connecting Rods
  3. Steering and Suspension Components - Ball Suspension Joints, Outer Ball Joints, Inner Ball Joints, Stabilizer Links, Gear Shifters, Suspension Control Arms, Drag Link Assemblies, Tie Rod Assemblies, Torque Rods, Toe Bar Assemblies, A-frames
  4. Chassis Systems - Front Cross Members, Suspension Control Arms, Twist Beams Rear Axles, Suspension Links, Wheel Group And Semi Corner Module Assemblies
  5. Rubber Hoses and NVH - Engine Mounts, Strut Mounts, Muffler Hangers, Suspension Bushes, Rubber Bushes, Extrusion Hoses, Moulded Hoses

The Traction of the company are as follows:

  1. 500+ Distributors Pan India
  2. Group Revenue Rs. 2,200+ Cr (USD 260+ Mil)
  3. 15 Manufacturing and 03 Distribution sites
  4. Employees 6,500+

The market components are as follows:

  1. Suspension
  2. Steering
  3. Engine
  4. Wipers
  5. Coolants
  6. Gas Springs
  7. Filters Drive
  8. Shafts
  9. Suspension Mounts

The company is looking to acquire companies in the sector of Manufacturing. The subsectors of the companies are as follows:

  1. Stabilizer Linkage
  2. Steering Suspension
  3. CV Joints
  4. Gaskets
  5. Plastics
  6. Castings
  7. Rubber Components

The turnover of the acquiree company should be  follows:

  1. Minimum Turnover = ₹ 50 Cr
  2. Maximum Turnover = ₹ 100 Cr

No Files Attached

Deal Value
1 Lakhs
Targeted Region
Asia Pacific

Revenue

2019-20
Undisclosed
2020-21
Undisclosed
2021-22
Undisclosed