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Paper Mill for Sale in Ranipet, India

For Sale: Solvent extraction company with significant assets that processes paper for wax and scrap.
This transaction has concluded.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 1.3 million
Run Rate Sales USD 1.41 million
EBITDA Margin 11 %
Industries Paper Mills
Locations  Bangalore + 1 more
Local Time 2:52 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 5.3 million (Native Currency: INR 450,000,000)
Reason: Our children are in different professions and we seek to retire. So, we want to sell it to someone w... View More
Includes physical assets worth USD 4.7 million
Interested to connect with advisors
Documents
Business Overview
- We are a solvent extraction company that imports paper scrap and processes it for scrap paper and wax.
- Our registered address is in Bangalore (Karnataka) but our factory and operations take place in Ranipet (Tamil Nadu)
- After processing dewaxed paper scrap is sold to paper mills for recycling and extracted wax is sold to match stick and candle industry.
- We have 10 paper customers and 30 wax customers that are mainly located in Karnataka, Tamil Nadu and Andhra Pradesh.
- On a monthly basis we can process 400 tons of paper a month but due to lack of availability of raw materials we have only processed 200 tons a month on average.
- Company has 4 main suppliers for scrap paper who we source from, located in USA and Canada.
- We have significant assets and machinery. With minor changes in the setup, the company could also venture into production of de-oiled rice bran, rice bran oil, neem oil and de-oiled neem cake.
- Factory could also be integrated with a paper mill so that all the economies of scale can be achieved to make the whole project a highly profitable one.
- Our company has a lot of unencumbered real estate apart from our factory on 3.67 acres of land.
- Outside the factory there is 4.5 acres of unutilized land. There is half an acre of land at Walajah industrial area and 48 acres of free hold dry land at Kaluvai which is 30 Kms from our factory in Ranipet.
- Further we have 6 vacant sites in Bangalore, which are very valuable. We do not have any loans from any banks or financial institutions.
- All the real estate is completely owned by us and would be included in the sale.
- Also included in the sale is a minority share in a partnership firm dealing in solvent extraction in the oils and fertilizers industry.
Products & Services Overview
Dewaxed waste paper, wax. Firm can also start production in de-oiled rice bran, rice bran oil, neem de-oiled cakes and neem oil with some minor changes to the setup.
Assets Overview
Buyer would receive the entire operational business and machinery. They would also receive 3.67 acres of industrial land fully with compound wall where the factory is located. Other real estate assets include 5 acres of industrial land outside and adjacent to the factory, 48 acres of plain land 30 km from the factory, half an acre industrial land at Walajah industrial estate. We also have 6 sites in Bangalore which are a 30' x 45' site near Modi Hospital road, 40' x 60' site at Nelamangala, 40' x 60' adjoining site at Nelamangala, 30' x 40' site on Mysore Road and a 40' 60' site at Nandagudi. The sale would also include a 43.75% share in a partnership firm in Andhra Pradesh, which has a solvent extraction unit.
Facilities Overview
3.67 acres of fully concrete floor secured by compound wall. Factory has two floors and godowns of 100,000 sq. ft. It is an owned freehold property.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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