Summary:
A well equipped Hungarian sewing company offers acquisition agreement. The owner is looking for a successor and offers the company for sale due to cleaning his portfolio. The production is geared on functional underwear, workwear and leisurewear, first and mid layer, made of knitted fabrics. The company has GOTS, STeP and ISO certifications, it covers its electricity-need with self produced solar energy. The company (acquisition) or its production capacity (manufacturing agreement) is offered.
Description:
The company is since over 20 years on the market. It is a modern one offering multi-faceted services and an environment friendly, sustainable production, which is also socially compatible. Most of its revenue comes from international sales.
The products are made of technical fabrics, biocotton and bamboo.
The cooperation with international retailers and distributors - via partner office in Switzerland - started over 20 years ago. The volume of exports was 99,5 % of the turnover in 2017. The main export country is Switzerland. New contacts are in Germany and Austria.
They select their feedstock delivery partners according to the following criteria: eco-friendlyness, sustainability, social responsibility.
The company has the Sustainable Textile Production (STeP), Global Organic Textile Standard (GOTS), ISO 9001, ISO 14001 certificates, and their products are CO2 neutral.
The company covers its electricity-need 100% by its own solar energy production.
The Hungarian company is offering an acquisition agreement. It offers the company for sale.
Naturally the owner is open to good business opportunities, thus the company is ready to carry out orders in the framework of manufacturing agreement.
Type (e.g. company, R&D institution…), field of industry and Role of Partner Sought:
The Hungarian company is offering an acquisition (sale) or manufacturing agreement.
Retailers with own brands, designs and experience in getting products manufactured could be good candidates.
The ideal buyer/partner would also have distribution channel(s) (with chain of retail shops, or department store etc.) to launch products for consumers as larger collection of different products.
External code:
BOHU20180628002
