China In Italy

Production: handles for doors and furniture

 

Location: Northern Italy

 

Price: reserved

 

Features

 

The company projects, produces and markets aluminium and other alloys handles for doors and furniture.

 

The company is a joint venture where the project office of the company is in Italy and 95% of the handles are made in China.

 

The warehouse in Italy is of 2.500 square metres totally owned by Italian partner.

 

70% of the products are sold to industrial producers of furniture, the remaining 30% is sold to wholesales dealers.

 

50% of products are distributed in Italy, remaining 50% is exported.

 

The company in Italy has 13 employees.

 

The developing programs of the company forecast the launch of an own trademark and the increase of the sales abroad.

 

Turnover: over € 10 millions.

 

Earnings Before Interests, Taxes, Depreciations and Amortisation (EBTIDA): 25%.