Investor required to become part of a well known/ well established/profitable textile business.

Investor required to become part of a well known/ well established/profitable textile business.

Introduction:

• This company is a leading manufacturer of industrial non-woven textiles and has been in this industry for over 5 decades.
• The company specializes in a niche market producing highly technical products inter alia in the auto industry, shoe market, clothes section and various household products.
• Due to their experience, they stock various products which they know are in high demand, which is then readily available and can be delivered immediately.
• This ensures the continued success of the business by delivering tailored solutions to its customers, while maintaining high standards across all its operation.

Finances:

• R104 million revenue/annum
• EBITDA R17,5 million/annum- 17,6% historical margin
• Forecast growth 12,53%
• Net asset value R29,6 million
• Valuation – R68 million

Investment required:

• 51% Shares available