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Auto Spare Parts Manufacturer from Turkey – Seeking to Buy Suspension & Steering Systems Targets
| Project highlights | The company with a strong capital structure and global OEM parts customers is looking for a target to expand internationally. The target firm should have annual sales of 10 to 50 million Euro equivalents and preferably possesses forging and machining capabilities, while painting and assembly are minimum requirements. The target must be supplying passenger cars and light duty commercial vehicles and ideally has heavy duty and construction machinery customers as well. The company is looking to increase its market share and expedite new product development cycles. Hence, engineering capabilities for product development and manufacturing are key assets of the target. Warehousing and distribution for aftermarket products are required. The company is willing to buy the majority shares of the target. |
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