Join a well-funded and experienced automotive manufacturing companyThe Business
The Company is keen to make overseas acquisitions to help it strengthen its focus on its existing automotive products and broaden its product range. The Company is interested to make an overseas acquisition with focus on Germany and Western Europe, the United States and Brazil.
The Company is a leading manufacturer of automotive components and systems, and heavy fabricated construction equipment aggregates in India. It has consolidated revenues of approximately USD 300 million. The Company has received investment from two private equity funds.
Market
The Company’s target automotive product interest include:
• Propeller shafts for commercial and sports utility vehicles;
• Axle assembly, preferably complete and/or with live axle technology for sports utility vehicles, light commercial vehicles, and medium and heavy commercial vehicles;
• Shifter sleeves and hubs, and complete clutch assembly for commercial vehicles and passenger cars.
Preferably, the target business should be an OEM and Tier I manufacturer. The top line of the target should be in the range of USD 60m to USD 100m, with EBITDA level around 6-12%.
Sector: ManufacturingSegment: AutomotiveRegion: IndiaFinancing Size: More than $100mContact: Brijesh Kukreja
Company: PwCTelephone: +91 093 2004 4459Email: [email protected]