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Romanian family-owned furniture manufacturer is offering its...
created · Updated
Deadline: Dec 16, 2023
Received 0 expressions of interest

Summary

A Romanian group of companies is looking for an acquirer for a family-owned furniture-producing business, which is located close to the border with Hungary. The group produces furniture from metal, melamine-coated chipboard, upholstered furniture, and any combination of the above-mentioned. The type of partnership sought is an investment agreement.

Description

A Romanian furniture producer, representing a family-owned group of interrelated companies, is offering an acquisition agreement to potential partners who would be interested in relocating and/or acquiring this particular business. The object of sale is the family-owned group of companies, located close to the border of Hungary, in the western part of Romania. The group produces ”tailor-made" furniture as well as serial production of metal beds, metal chairs, slatted metal frames, beds made of melamine-coated chipboard, upholstered beds, modular kitchen cabinets, wardrobes, medical furniture, school furniture, office furniture, etc. Some of the company's most attractive assets are: -The group owns 3 production sections: the metal furniture production factory, the melamine-coated chipboard furniture factory, and the upholstery workshop; - The enterprise is equipped with modern technology and quality machines, tools, and equipment (e.g. welding robot, electrostatic painting equipment, CNC wood cutting equipment, CNC drilling center for wood plates, and other specific tools). -A production plant of 2000 sqm on the highway, near the border of Hungary; -A second production plant and office building of 1200 sqm, near to city center, in the nearby town; -Owns more registered designs, and trademarks have applied for patents, owns granted patents -Owns know-how -Has a strong name in the national market -Has a good build network of furniture distribution -Has a strong presence in the field of public procurement in Romania The group specialized in manufacturing, wholesale, and retail of the following products: •metal beds, metal slatted frames, metal chairs •upholstered furniture for sitting and lying •furniture from melamine-coated chipboard •all types of melamine-coated chipboard, metal, and upholstered furniture:  office furniture  home furnishing  school furniture  HORECA furniture  medical furniture  military furniture Their customer base is 90% retail and 10% wholesale partners. The company is liquid, solvent, and profitable. The group's location is attractive thanks to the freeway, as the extension to the highway from Hungary, providing great convenience to customers from western Europe. The group operates in its own facilities: a production plant, offices, commercial space, and a showroom. The production plant covers an area of 2.000 square meters and is equipped with modern technology and quality machines, tools, and equipment. The Company employs 24 specialists representing the hard-working and dedicated team to empower the company for further development. The employees are a motivated team, always increasing the quality of services and products and being awarded by the satisfaction of customers, clients, and partners. The owner of the company group intends to sell the business because they consider that the company has a big development potential but needs some investments to grow more. The group of related companies is intended to be on sale in the frame of an investment agreement.

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