Industry: Manufacturing Region: Germany Deal price: $1 million Deal Method: equity financing
Brief introduction:
The company's shareholders plan to sell all their shares.
Details:
The company is a leading developer and manufacturer of advanced metal casting moulds in Europe, producing moulds capable of casting highly complex metal geometry, primarily for the automotive industry.
The company has world-class expertise in developing and manufacturing the most complex and advanced moulds in all processes and materials including casting materials including light metals (aluminum, magnesium) and cast iron (gray and vermicular cast iron), casting processes including high and low pressure die casting, gravity die casting and sand casting.
As a solution provider, The German company has the most advanced engineering, development, process simulation, manufacturing, project management and service capabilities.
As a key technology supplier to the global automotive industry, the company's customers include well-known oems and parts suppliers in the global passenger and commercial vehicle markets.
The company's molds are used in the production of various vehicle system components, including powertrain components (such as battery boxes), structural components and suspension components.
Moulds are not only used in traditional fuel vehicles, but also widely used in new energy vehicles.
Company has a good prospect, including electric and hybrid cars need to be a new type of precision casting parts, the structure of the enterprise to use more casting parts to reduce vehicle weight, the strict environmental regulations demand to enterprise's senior professional knowledge to the complex parts in heavy vehicle market demand continues to grow and now die casting market integration provides opportunities for future growth.