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Foundry Investment Opportunity in Štore, Slovenia

Slovenian steel manufacturer with a 170-year legacy, specializing in high-quality rolled and finished steel bars.

Established 170-180 year(s)
Employees 500 - 1000
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 170 million
Run Rate Sales USD 188 million
EBITDA Margin 9 %
Industries Foundries
Locations  Štore
Local Time 8:26 AM Europe / Ljubljana
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1.23 million for 1.0% stake (Native Currency: EUR 1,100,000)
Reason: Here are several compelling reasons to consider acquiring a 1.5% equity stake: - Attractive valuati... View More
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Business Overview
- Client base & market position:
Serves the European automotive supply chain with customized spring, engineering (forging) and Exem steels, maintaining long-term partnerships with OEMs and Tier-1 suppliers across Europe.
- Financial performance:
Recorded sales of EUR 144.6 million (69% year on year growth), with a net profit of EUR 6 million.
Revenue increased from EUR 145 million to EUR 190 million, EBITDA grew from EUR 12.5 million to EUR 18 million, and net profit rose to EUR 10.5 million.
Recently invested EUR 24 million in a new secondary metallurgy center to produce cleaner, high-strength, and stainless steels.
- Revenue model:
Operates a B2B made-to-order model for special steels, leveraging just-in-time delivery for cost-efficiency and low-risk planning; provides in-house finishing, heat treatment, and rigorous chemical & mechanical testing to meet exact customer specifications.
- Production capacity & utilization:
The company has a production capacity of 200,000 tons per year, with a current utilization rate ranging between 100,000 and 150,000 tons annually.
- Strategic partnerships & business relationships:
Part of the UNIOR d. d. group and engaged in a shareholding consortium advised by NLB; member of Eurofer and the World Steel Association; collaborates with University of Ljubljana’s Faculty NTF and IMT on R&D and quality systems.
- Awards & recognition:
1. 2011 Slovenian chamber of commerce award for exemplary business achievements.
2. Bronze distinction for innovation from GZS & RGZ for its youth creativity workshops.
3. Shortlisted for the World Steel Association Steelie Awards.
4. Econsteel award as the most innovative steel company in its branch.
Products & Services Overview
Top-selling products and services:
- Spring steels: Round and flat bars in grades such as 51CrV4, 52CrMoV4, 56SiCr7, etc. , offered hot-rolled or peeled for high dynamic strength and fatigue resistance.
- Engineering (forging) steels: Alloyed steel bars tailored for subsequent forging into gears, shafts, and safety-critical components.
- Exem steels: Free-cutting and case-hardening bars marketed under the Exem Steel brand for tooling and precision applications.
- Secondary processing & testing: Peeling, sand-blasting, cutting-to-length, soft quenching (spheroidisation, stress relieving, normalizing), hardening/tempering and 100% dimensional inspection with full chemical and mechanical testing. store-steel. sislo export.
Customers:
- Automotive industry suppliers: OEMs and Tier 1/Tier 2 suppliers for both commercial and passenger vehicles, using spring and engineering steels for suspension systems, driveline parts, chassis components and fasteners.
- Spring manufacturers: Producers of coil and leaf springs in automotive and industrial applications.
- Tool & die shops: Users of Exem steel for precision moulds, dies and tooling components.
Application & delivery model:
Customers integrate bars directly into their production chains:
- Spring makers bend and heat-treat spring steel to meet stringent return-to-shape requirements.
- Forging houses heat and forge engineering steels into gears, shafts and other critical parts.
- Automotive OEMs machine peeled and ground bars into half-axles, drive shafts, fasteners and bearing components.
Employs a just-in-time, made-to-order planning system: partners submit monthly orders with detailed specifications, and the company synchronizes casting, rolling and finishing sequences to match capacity, minimizing inventory, reducing costs and ensuring rapid turnaround.
Assets Overview
The transaction does not involve any significant tangible assets.
Intangible assets include the ownership stake in the company, and business registration certificate, and all the necessary licenses.
Facilities Overview
In broad terms, the site comprises:
Single-storey production halls (high-bay, clear-span structures housing the rolling, peeling and finishing lines).
Multi-storey administrative annex containing offices, laboratories and meeting rooms.
All buildings are situated on company-owned land (freehold title)
Capitalization Overview
The business is funded by total shareholders: 23 (1 major shareholder, 4 other corporate investors, and 18 individual investors)
Recent Activity
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2 Investors contacted this Business this week. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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