1.5 cr + market value of land
Ad ID: 1635
Added: October 1, 2019
Sale Price: 1.5 cr + market value of land
Condition: Running Business
Reason for Sale/Buy/Lease: All the partners are wanting to retire and their heirs have diversified in other businesses.
Sector:Manufacturing Industry: Electronics Looking for (Transaction type):Complete Exit City:Vapi,Gujarat Customer base:Indian Navy and 25 Organisations Nature of organization:Partnership Establishment year:1961 Reason for sale:All the partners are wanting to retire and their heirs have diversified in other businesses.
Our client is one of the leading Manufacturer and supplier of general goods for marine application, navigational lights, tube light fittings, deck light fittings in the country since the last 60 years. They
have pan india operations and have been working with the Indian Navy since the last 53 years.
They have a range of over 1000+ products under their portfolio with great relations with leading ship manufacturers in the country.
Few of their products are as follows-
● Navigational Lights
● Signaling Lanterns and Torches
● Watertight Switches and Sockets
● Fire Fighting Helmets (one of the leading Supplier to the Navy)
Pending lawsuits/conflicts (If any): None
Offer Price: INR 1.5 Crores + Market Value of the Land
BID Stats : 0 Bids posted on this ad