Aluminium Formwork Business in India available for Acquisition

Project Summary

The company used manufactures and supply high-quality products in Aluminium Formwork and Scaffolding. In 2008, it started manufacturing Aluminium Formwork and has carved a niche for itself through R&D focus, innovative product range and excellent technical support services. More than 100 sites are running for client’s aluminium and scaffolding under the supervision of qualified engineers and technicians.

With corporate office in Delhi, it has a manufacturing plant in Uttarakhand, India with capacity of 800 tones / month each for formwork and scaffolding and constructible area of 7756 sq.mt. The Company has a significant in-house R&D and engineering capability with world class captive tool room for designing and prototyping and 250 fully computerized machines. It has more than 350 highly trained employees.

The company has a strong clientele consisting of Tata, Godrej, Reliance, GMR, DLF, Shapoorji Pallonji, Indian Oil, GAAR, BHEL, TVS, etc. It has obtained ISO 9001:2008 and OHSAS 18001:2007 certifications and is recipient of various awards & recognitions.

Transaction

The promoters are looking to sell 100% of the business or a significant stake on a deferred basis. The director will remain part of the team for 1-2 years to ensure a smoother transition after the takeover. The investor can participate in the growth story of this exciting business, bring in capital and the management bandwidth in order to expand beyond the current scale.

Reasons to invest:

1. Excellent product quality and manufacturing capability
2. Reduced project turnaround time and environment friendly construction system.
3. Promising returns owing to growing industry and robust client network.