Interesting opportunity to grow in Italian bearings market
An historical bearings and power transmission components distributor located in North of Italy is on sale. The company was born last century as a specialist in the manufacture of connecting rods and crankshafts for motorcycles and later on specialized in the distribution of spare parts for the industrial, agricultural, iron and steel, food, office automation, automotive, textile and construction sectors.
With quality management system certified according to ISO 9001, the company counts more than 1100 customers, mostly located in Italy. With 14 employees in total, the target company distribute primary brands and developed its own bearing brands too.
After organization restructuring in the years of Covid epidemic, the company became again profitable in the last 2 years. Its turnover in year 2022 was of about 4 million Euro, while the net income overcome 9%.
The shareholders are interested to sell the debt-free operational unit, without the building and the land. The opportunity may be interesting for those bearings and power transmission distributors who want to reinforce their sales position in Italian market or who want to step-in for first time a new market.
For more information about the project, get in touch with ICT writing at m&a@consulting-trading.com or calling at +39 (0)121 376811. For information about ICT Advisory Division, please visit the web-site www.ict-advisorydivision.com.
