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Textile Packaging Company for Sale in Dhaka, Bangladesh

Non-operational RMG complex, fully equipped with companies' bond licenses for import and export, packaging facilities.

Established 20-30 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 100 million
Run Rate Sales Nil
EBITDA Margin Nil
Industries Textile Packaging + 1 more
Locations  Dhaka
Local Time 10:42 AM Asia / Dhaka
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 61 million (Native Currency: BDT 7,500,000,000)
Reason: Owners wish to sell due to personal circumstances, including family living abroad and plans for reti... View More
Includes physical assets worth USD 61 million
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Business Overview
- Our textile packaging business is located in Dhaka and has not been operational for the past 6 years.
- It used to be a family-run business. One by one, all the units were shut down, and the last remaining unit handled packing and printing for local markets.
- We used to be a full-service composite ready-made garment (RMG) group, established 26 years ago.
- At our peak, we had around 10,000 employees and brought in roughly USD 200 million in annual revenue, but now we have just 30 watchmen where 12 of them are armed and the rest are to look after the facility.
- Our facility covers everything from knitting and dyeing to garment manufacturing and denim production, all the way to washing, printing, and packaging.
- We also provide yarn dyeing and fabric processing services primarily across about 10 operating companies with 8 bonded warehouse licenses for import–export oriented RMG buyers, making us an integral piece of the supply chain.
- The complex has all the necessary regulatory licenses and approvals, including environmental and trade licenses, to operate smoothly.
- We own substantial tangible assets valued at about BDT 750 crore, including land, buildings, machinery, and utilities.
- The business is now available for outright sale, including its goodwill and infrastructure, plus some outstanding loans totalling around BDT 130 crore.
Products & Services Overview
Non-operational business, we used to produce knit and woven garments, as well as denim bottoms, with fully integrated facilities for knitting, dyeing, washing, printing, embroidery, packaging, and accessories. We also offer yarn dyeing and fabric processing services, catering mainly to export-oriented RMG buyers.
Assets Overview
- Physical and operational assets include: approximately 1,617 decimal of land within and around the boundary wall; around 754,789 sqft of built-up area across multiple multi-story and single-story RCC, steel and tinshed factory, warehouse and utility buildings; full composite knit garments factory with about 2,000 sewing machines (approximately 75 sewing lines for knit and 8 lines for denim bottoms with around 500 sewing machines), cutting, finishing and support facilities; circular knitting machines (about 62–84 units including Mayer & Cie and Taiyo brands) plus collar and cuff knitting machines; fabric dyeing capacity of around 30 tons per day; boilers (about 3 units, total 30 tons capacity); denim and non-denim washing facilities with capacity of roughly 15,000–20,000 pieces per day including dry process; sweater yarn dyeing facility with capacity of about 40,000 lbs per day; packaging and accessories units producing woven and printed labels, hang tags, elastic, twill, sewing thread, polybags, photo inlay and boxes, scotch/gum tape, cartons and related items; 2–2.2 MW Caterpillar gas generators; 14 individual air compressors (BOGE, Atlas Copco); high-pressure water pumps; REB electricity connection via own transformer; ETP plant; fire hydrant system covering the whole factory; laboratory equipment for fabric, yarn dyeing and washing tests; furniture, utilities and compliant infrastructure; internal roads, gardens and logistics facilities; security camp; multiple warehouses and godowns; and various supporting machines and equipment not exhaustively listed.
- Intangible assets include goodwill and multiple regulatories, incorporation, The complex holds various regulatory approvals and licenses (environment, building approval, EPB, BTMEA, BGMEA, trade license, Accord Alliance, etc, bonded warehouse licenses for 8 companies which helps import duty free and export it.
Facilities Overview
Industrial complex on approximately 1,617 decimals of land (about 50+ bigha) with around 700,000–754,789 sq. ft of tile-fitted floor space. Buildings include multiple RCC and steel/tinshed structures: 8-storied (112,000 sq. ft), 14-storied proposed with helipad up to 6 floors completed (162,000 sq. ft), 9-storied (170,000 sq. ft), 5-storied (40,000 sq. ft), 3-storied dining building (8,649 sq. ft), several 1-storied and 2-storied godown/production buildings and dedicated ETP, boiler house, generator room, substation and chemical godown. The site has its own ETP system, internal roads, gardens, logistics infrastructure, security camp (Ansar), gas and REB electricity connections with about 1,250 KVA electricity and 2.175 MW gas generator capacity, plus high-capacity gas lines for different units.
Capitalization Overview
The company is backed by promoters and bank financing, carrying outstanding loans of about BDT 130 crore. It has four (4) directors in total, with 17% to 18% of shares split among three siblings, and the remaining shares owned by one individual.
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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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