Business Overview
- Well-known premium furniture manufacturing company that has been operational for 25+ years.
- We are associated with more than 2,000 clients locally and internationally.
- Very well connected with exporting companies and our furniture is exported to Gulf countries such as KSA, Oman UAE, Kuwait, Iraq, Syria.
- We are the leader in the profession of manufacturing office furniture.
- Our clients include direct consumers, traders, exports, companies and offices.
- We operate one of the biggest factories for furniture in Jordan.
- Have a running contract with Arab Bank for all furniture needs to all the branches across the world.
- Production capacity at the moment is 10,000 units per month and before the pandemic, it was 30,000 units per month. For this reason, the revenue has dropped.
Products & Services Overview
Manufacturer of executive office chairs, office desks, kitchens sofas, home beds, living room sofas, wall partition, workstations.
Assets Overview
Factory land with buildings, commercial brand name, running stock, cars, manufacturing machinery, long term contracts with the biggest names locally and overseas.
Partial Stake Sale
USD
3.5 million
for
50.0%
stake
(Native Currency: JOD 2,500,000)
Reason:
- This is a profitable business, these days every country is trying to produce everything in-house h...
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Includes physical assets worth
USD
7 million
Interested to connect with advisors