Summary
This company is a leading manufacturer of industrial non woven textiles and has been in this industry for over 5 decades
The company specializes in a niche market producing highly technical products inter alia in the auto industry, shoe market, clothes section and various households products- at this stage there are 11 production lines operational
Due to their experience, they stock various products which they know are in high demand, which is then readily available and can be delivered immediately
This ensures the continued success of the business by delivering tailored solutions to its customers, while maintaining high standards across all its operation
Give me more informationProducts and Services
Auto industry, shoe market, clothes section, various households appliances
Assets
An asset list is available which includes an industrial building where the operation is running from
Employees
95 employees
Financials and Forecasts
R104 mill revenue/annum
EBITDA R17,5 mill/annum- 17,6% historical margin
Forecast growth 12,53%
Net asset value R29,6 mill
Reason for Sale
NOTE: This is not a sale but the company seeks an investor to take the business to the next strategic level

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