Newly Established Building Contractor Equity Stake For Sale in Peliyagoda, Sri Lanka
One of the largest piling contractors in Sri Lanka seeks investor for JV in Bangladesh.
Premium Plan
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Building Contractors |
| Locations | Peliyagoda |
| Local Time | 3:22 AM Asia / Colombo |
| Listed By | Advisor / Business Broker |
| Status | Moderately Active |
Partial Stake Sale
USD
2.2 million
for
44.0%
stake
(Native Currency: USD 2,158,559)
Reason: The company is seeking to set up a joint venture in Bangladesh to expand its operations in South Asi...
View More
Includes physical assets worth
USD
2.7 million
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Information Memorandum
(2.1 MB)
Business Overview
Sri-Lanka based piling contractors that has completed over 500 projects. The company is 68 years old and has 150 employees.
Key projects include piling work for Lotus Tower (the second tallest structure in South Asia), Shangri-La Colombo, and John Keells' Waterfront.
The investor will get a 44% stake in a new joint venture in Bangladesh.
This Sri Lankan company has reported revenue of USD 6.86 million at a 14% EBITDA margin. Their current monthly revenue is USD 571,000.
This transaction is being handled by an advisory.
Key projects include piling work for Lotus Tower (the second tallest structure in South Asia), Shangri-La Colombo, and John Keells' Waterfront.
The investor will get a 44% stake in a new joint venture in Bangladesh.
This Sri Lankan company has reported revenue of USD 6.86 million at a 14% EBITDA margin. Their current monthly revenue is USD 571,000.
This transaction is being handled by an advisory.
Products & Services Overview
Bored Cast In-Situ piling.Truck-mounted rotary drilling.
Secant piling.
Percussion drilling.
Testing and hacking.
Assets Overview
The company that's seeking an investor for this JV owns the following assets worth USD 2.7 million.Bauer boring machines - 11.
MAIT boring machines - 8.
Micropile machine - 1.
Crane crawler - 12.
Mobile crane - 9.
Excavators - 8.
Other machinery - Backhoe loaders, bulldozers, desanders, welding machines, vibro hammers, circle machines, generators, compressors, pumps, and bentonite mixtures.
Vehicles - Prime movers, boom trucks, self-loaders, cargo trucks, concrete truck mixers, tippers, fuel bowsers, forklifts, bed trailers, and cabs.
Facilities Overview
The office will be set up in a location the Joint Venture will be set up.
Capitalization Overview
Zero debt entity to be set up for the purpose of this project. The venture will be funded by this piling company and the venture partner.
Recent Activity
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Earlier than 15 daysManaging Director, Trading (Exports), Chennai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysMD, Construction & Real Estate, Chennai, Individual Investor / Buyer connected with the Business
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