A selective auto parts manufacturer in Turkey is either seeking for potential strategic investors in the same market for partnerships or investors which could approach for a full acquisition.
As a selected manufacturer in Turkey, the firm produces lamplights, seatbelts,reflectors etc.. for global auto makers such as Ford, Magna,Autoliv, Fiat and Renault.
Operating with 200 employees at 8,000 m2 facilities, the company aims to raise its turnover to € 20 by 2012.
The company's inventories & financial debt as of March 2010 is $ 2.75 Million and $ 1.3 Million respectively where as the EBITDA margin in 2009 is in the range of 8-10% out of $ 14.7 Mio sales.