One German factory for kitchen and bathroom furniture in the luxury segment looking for strategic investor for takeover of 100%-stake in the company.
Country in which the Company is located: Germany
Does your company have representative offices abroad? If so, where? No
Industry, type of business: The company produces kitchen and bathroom furniture in the luxury segment. It includes a production plant with modern, computer-integrated machinery and three company-owned sales branches in Germany.
Products or services offered: Fitted kitchens account for 89% of revenue, bathroom furniture for 11%. The products are distributed via an intl. sales network (B2B, 44% or rev.) and by own sales branches (B2C, 56% of rev.).
Description of previous or current cooperation’s with companies in Greater China: The company has a successful trading partner in Taiwan. Several project assignments there show that the products are extremely attractive to a quality-conscious Chinese clientele.
What kind of business contacts the company is looking for: investment partner
Specification for business contacts: The company is owned by two shareholders, each with a 50% stake. In the absence of a family successor, both shareholders want to sell their shares. We are looking for an investor who will take over the company completely.
Description of the project proposal: The company is owned by two shareholders, each with a 50% stake. In the absence of a family successor, both shareholders want to sell their share. They are looking for an investor who would like to continue the company and continue to expand in the direction of China. If preferred on the buyer-side, a complete takeover may be a conceivable alternative.
In which region of China the company is looking for business partners: Mainland China (North China, East China, South & Southwest China), Hong Kong