Business Overview
- Manufacturing plastic and paper bags and importing disposable products.
- Have our own factory unit with a maximum production capacity of 300 tons per month for plastic bags and 150 tons per month for paper bags.
- Our current capacity utilization is at 70%
- We also export to clients in GCC but 95% of our sales are local.
- We sell our products at KWD 500-700 per ton.
- Have major B2B and B2C clients including restaurants, hotels, airlines, grocery, laundries, construction companies, catering companies, bakeries, factories, shops, and individuals from showrooms.
Products & Services Overview
Plastic and paper bags and disposable products. Our products are used by many major companies and markets for product packaging.
Capitalization Overview
We are 2 partners 80% and 20%. The partners are friends.
Have a loan from a bank and others, and some funds from owners.
Assets Overview
Machinery, land, offices & showroom, equipment, and vehicles.
Partial Stake Sale
USD
4.1 million
for
25.0%
stake
(Native Currency: KWD 1,250,000)
Reason: Funds will be used for the clearance of debt and for further development.
Includes physical assets worth
USD
6.5 million
Interested to connect with advisors
In talks with 3 Investors