Wood Products Company for Sale in Jelgava, Latvia
For Sale: Timber processing enterprise with over 25 years of successful operations in Latvia.
| Established | 20-30 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 2.37 million |
| Run Rate Sales | USD 2.5 million |
| EBITDA Margin | 10 % |
| Industries | Wood Products |
| Locations | Jelgava |
| Local Time | 4:09 AM Europe / Riga |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
5.9 million
(Native Currency: EUR 5,000,000)
Reason: Our family has decided to relocate to another country, necessitating the sale of the business.
Includes physical assets worth
USD
5.9 million
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Business Overview
• Business manufacturing and supplying value added timber products.
• 25+ years on the market producing premium glued-laminated timber (glulam).
• Well-established client base: Long-term relationships with timber frame manufacturers, contractors, architects, distributors, and export partners across Europe.
• Revenue model: Sales of glulam, kiln-dried timber, custom structural elements, plus logistics and technical support.
• Experienced promoter & management: Decades of hands-on expertise in timber production, business operations, and European markets.
• Strong business relationships: Verified suppliers, loyal customers, and trained operational staff ready for smooth transition.
• Growth-ready infrastructure: Automated equipment (never used) and modern facilities to scale production and expand markets. Automated equipment helps the company operate with just 10 full-time employees.
• In previous years, the company consistently achieved revenues of approximately €3.4 million per year, with a net profit around €1 million. Last year was less favorable, with revenues under €2 million and a loss of approximately €200,000, due to temporary market fluctuations and increased raw material costs. This year, the business is operating profitably and has already started offsetting previous losses.
• 25+ years on the market producing premium glued-laminated timber (glulam).
• Well-established client base: Long-term relationships with timber frame manufacturers, contractors, architects, distributors, and export partners across Europe.
• Revenue model: Sales of glulam, kiln-dried timber, custom structural elements, plus logistics and technical support.
• Experienced promoter & management: Decades of hands-on expertise in timber production, business operations, and European markets.
• Strong business relationships: Verified suppliers, loyal customers, and trained operational staff ready for smooth transition.
• Growth-ready infrastructure: Automated equipment (never used) and modern facilities to scale production and expand markets. Automated equipment helps the company operate with just 10 full-time employees.
• In previous years, the company consistently achieved revenues of approximately €3.4 million per year, with a net profit around €1 million. Last year was less favorable, with revenues under €2 million and a loss of approximately €200,000, due to temporary market fluctuations and increased raw material costs. This year, the business is operating profitably and has already started offsetting previous losses.
Products & Services Overview
Top-selling products/services:• Premium glued-laminated timber (glulam)
• Kiln-dried and graded sawn timber.
• Precision cutting, machining, and finishing.
• Custom structural elements (trusses and beams)
• Logistics & delivery.
• Technical support / production training.
Who uses them:
• Timber frame - prefabricated house manufacturers.
• Construction companies & contractors.
• Architects & engineers.
• Distributors & wholesalers.
• High-end joinery & furniture makers.
• Institutional clients & municipal projects.
• Export customers in EU.
Assets Overview
Tangible assets include the real estate, land, production facilities, modern equipment.The production facility is located in Jelgava and is fully owned by our company. There are no other properties on the company's balance sheet.
Intangible assets include an experienced workforce, a stable customer base, and established raw material supply channels.
Facilities Overview
We operate from a completely owned production facility located in Jelgava, Latvia.
Capitalization Overview
Outstanding debt: The company currently has a bank loan of €800,000, taken to finance the acquisition of production equipment.Completely is family owned.
Recent Activity
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Earlier than 15 daysOwner, Wood Construction, Riga, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysManager, Wood Traders, Riga, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysCOO, Firewood Producer, Palanga, Individual Investor / Buyer connected with the Business
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