Industry: Leather industry
Sector: Leather bags and accessoires manufacturer
SIC Code: 31110400 ACCESSORY PRODUCTS, LEATHER
Country of Origin: Croatia |
Target Areas: Worldwide
The Company was founded by in 1993 in Mali Bukovec, a small village not far away from the City of Varaždin. The Company has been founded in 1993 with the motto/slogan: “Fashion is a constant challenge” and quickly grew into a fashion house that is now one of the leading designer/producer/brand of leather/fashion accessories in SE European region.
Revenue 2015: EUR 1,250,000
EBITDA 2015: EUR 100,000
Asking Price: EUR negotiable
Revenue Multiple 2015: 0.00
EBITDA Multiple 2015: 0.00
- One of the leading leather manufacturers in Croatia/SE European region, factory 1 hour drive direction Hungary/Slovenia from Zagreb (capital of Croatia). The North of Croatia is a region with the long tradition and know-how in the leather industry and has been recognised by international brands from Austria/Germany (Boxmark) to start greenfield investment or create JV with local companies.
- Access to 500 million EU single market since Croatia became EU member in 2013.
- Opportunity to double/triple the production at the same location (implementing the second shift) or/and to start greenfield production/factory in nearby business zone by using EU structural funding opportunities (30 - 45% support from EU funding).
- Experience and expertise in leather industry in Croatia/SE European region for more than 20 years.
- Owner/CEO ready to support new owners 1 - 2 years in the managing and developing the business in Croatia/SE European region.
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