50+Year-Old Italian Automotive Manufacturing Business

Italy

Asking Price: On Request

Business For Sale Details

Listed on Apr 22, 2024

The Company was founded in 1965 and boasts 55 years of industry experience. It is active in the Design and implementation of equipment and solutions for various industrial vehicles characterise the company.

The main products include standard compositions, such as fittings with sides, caissons, ribs, galvanized sheet metal for diverse activities and setups. The company has a portfolio of 660 clients, diversified by product sector.

In terms of products, fittings are produced according to customer requests. The manufacturing process, starting from raw materials, constructs the structure, which is then painted and equipped with appropriate electrical and hydraulic systems. The completed truck undergoes internal testing with civil motorisation.

Financial Data & Location

In 2021, the company demonstrated solid financials, with debts vs. banks at Mln 0.494 and debts, e.g., next.vo 2021, at Ml 0.640.

The company is situated in Central Italy, and it is 100% directly owned.

Self-financing in 2021 was above average. The cash and cash equivalents in 2021 amounted to €1.193 million.

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Financials (USD)

Asking Price Not Disclosed

Cash Flow Not Disclosed

Sales Not Disclosed

Deal Terms

Represented by broker? Yes

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? Available On Request

Management will stay? Available On Request

Relocatable? Available On Request

Real Estate? Available On Request

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