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Robot Manufacturing Business Investment Opportunity in Haugesund, Norway

Autonomous golf greens mower company with necessary patent seeks investment to build a prototype.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees < 2
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Robot Manufacturing
Locations  Haugesund
Local Time 3:35 PM Europe / Oslo
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 320 thousand for 25.0% stake (Native Currency: EUR 300,000)
Reason: To make worlds first autonomous Golf Greens Mower retrofit kit, to be made at CPAC, a VOLVO owned co... View More
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Business Overview

- We have tied up with CPAC, owned by Volvo.

- First prototype will be ready 3 months after the investment is received.

- Investment of EUR 100k has been done in obtaining the necessary patents.

- The company does not have any loans and has 10 shareholders.

Products & Services Overview

Retrofitting golf greens mower:

>5,000 Eclipse 322 existing golf mowers are available to be converted to autonomous mowers.

Assets Overview

US patent granted.

Australian patent, Pat. Pend. in the EU.

See attached PDF for more information.

Facilities Overview

We have not set up a facility yet. We will finalize this once we find our investor.

Capitalization Overview

The company has a loan from the owner EUR 100k, no depts outstanding.

We have invested EUR 100k in patents.

There are 10 shareholders, and the owner has 79% of the shares in the company.

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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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