Industry: Manufacturing Region: Turkey Transaction Price: USD 1 million Transaction Method: Equity Financing
Description of Requirement:
The Turkish company has been in the plastics industry for more than 40 years, providing injection molds for the accumulator industry. The company seeks partners operating in the bioplastics sector through joint venture agreements in the EU and beyond.
details: .
The Shichi company was established in 1979. The company is engaged in the manufacture of injection molded parts and technical parts for the accumulator industry. The company enjoys a good reputation in the domestic market and cooperates with well-known automotive battery brands with more than 40 years of experience in the field of plastic molding.
As the second generation, the company aims to develop its activities in the field of bioplastics. They have a good network of suppliers who can supply different kinds of raw materials for bioplastic production. The raw materials can be hazelnut shells, olives, Daphne, lavender, juniper, essential oil plant pulp, etc.
The company seeks strategic partners who want to invest in bioplastics production and work together through joint venture agreements. With new partnership opportunities, the company's facilities can be upgraded with new machines and production lines. The company also has a warehouse that can be transformed for production.
Understanding Industrial Demand/Performance in Industrial Operations
40 years of experience in the plastics industry
The company's logistics center in Kocaeli has always been a center for attracting industrial investment due to its road, sea and rail network linking Europe and Anatolia.