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 İstanbul

Turkish company involved in the production and wholesale trade of metalworking oils.

Key Business Facts
Yearly Sales USD 690 thousand
EBIDTA Margin Nil
Industries Industrial Machinery Wholesale
Locations  İstanbul
Business Overview
- Company involved in the import, export, and manufacturing of metal working oils and associated products.
- Our products have applications in almost every industry, from aviation to agriculture.
- Clients include renowned companies across Turkey, Bulgaria, Georgia, and Egypt.
- Most clients are end-users.
- We have annually renewable LTA's with most of our clients.
- Clients pay us in advance and some avail of credit payment period according to their contract.
- We are the assigned importer for a French-Italian car manufacturer and also manufacture products for 11 private brands.
- The company has witnessed a slight drop in its monthly sales due to a pandemic-induced slowdown.
- The owner has almost 20 years of experience in this industry.
Products & Services Overview
Metalworking oils- that reduce the heat and friction between the cutting tool and the workpiece, and help prevent burning and smoking; dosing pumps, equipment for metalworking oil preparation and filtration.
Assets Overview
2 owned company warehouses (200 sq. m and 300 sq. m. ), owned office (200 sq. m. ), laboratory (14 sq. m. ), cars, and trucks.
Partial Stake Sale
USD 1.7 million for 50.0% stake (Native Currency: TRY 65,912,465)
Reason: We would like to have an investor with whom we can explore the possibility of business expansion.
Includes physical assets worth USD 260 thousand
Interested to connect with advisors
In talks with 2 Investors
Contact Business or Enquire on WhatsApp