Profitable Ongoing Business of Industrial Tires and Tubes
The company is India’s Leading manufacturer and exporter of automotive tires, tubes and flaps and has State-of–the-art Manufacturing facility. Company manufactures:
• Tractors Tires
• Implement & Trailor Tires
• OTR & Earthmover Tires
• Excavator & Trailor Tires
• Truck & Light Truck Tires
The company is accredited with ISO 9001:2000 Quality System and deploys most machinery of European origin. Machinery has a residual life of at least 25-30 years.
Rs. 100 Crore with a profitability of 10-12%. Half of the revenue comes from Exports.
100% Exit is sought by promoters who wish to pursue other business interests.
Expected Enterprise value
Rs. 60-65 Crore
Why you should consider this opportunity?
This opportunity is ideal for investors who are seeking to acquire a stable business with secure customers and profitability since Day One.
The next steps
Alliance of Investment Bankers
Quoting AIB Reference: AIB/2015/9001