The company specializes in manufacturing IML and  PET (polyethylene terephthalate) products, including preforms, blown bottles, and jars, and has over 30 years of industry experience. Their offerings cater to client-specific customization needs in terms of color and design, which enhances their competitive edge.

Key Aspects of the Company’s Operations and Offerings:

• Product Range and Customization: The company offers a variety of IML and PET products, which are lightweight, durable, and designed to reduce environmental impact by cutting down on carbon footprint, fuel emissions, and material use. They also provide options for eco-friendly and biodegradable plastic solutions using advanced bioplastics technology
• Manufacturing and Capacity: Operating from an ISO 9001:2008-certified facility, the company has a substantial production capacity, with facilities that support the production of up to 5,500 tonnes annually. Current production is 2,100 tons out of the 5,500 Tonnes. 1500 tonnes expansion has been completed in December 24. The manufacturing facility is well-equipped with high-power electricity infrastructure, including a solar power setup that meets a portion of its power needs
• Clientele and Industries Served: The company maintains a strong client portfolio across various food and beverages industries, including personal care, home care, pharmaceuticals, food and beverages, liquor, and agrochemicals. This diversified client base includes both domestic and international markets
• A profit making company with a huge growth potential, no capex required for next 2 years. The infrastructure has been developed to accommodate further expansion of around 1,500 tonnes of IML
• An EPR compliant group making it one of the few in its size and sector which can cater to any rqeuirement

Business Divisions

• PET
• IML 

Products & Services

• IML Containers and Jars
  
  
• PET Preforms: Specializing in bottle preforms suitable for various applications, including:
  • Edible oils
  • Mineral water
  • Carbonated soft drinks (soda-grade preforms)
  • Warm-filled juices
  • Liquor
  • Flavored hair oils
  • Pharmaceuticals
  • Cosmetics

• Caps and Closures: Producing a variety of caps and closures designed to complement their range of PET preforms, ensuring secure and reliable sealing for diverse products

• Blown Bottles: Offering fully formed bottles for clients seeking ready-to-fill packaging solutions

Additional Information

Key advantages for the acquirer:

• The infrastructure is self-owned and spread over 5000 sqm of land area
• In case required, further expansion can be done in the present premises
• Currently the IML vertical, being brand new, has the full potential of growth, and the PET is being run at 50%, as the expansion in this just got completed on December 24.
• Only PET Manufacturing unit in the region that manufactures jars with metal seal covers
• The group is eligible for subsidy of INR 9 Crores not availed yet, can be availed by the acquirer
• Under-leveraged business with possibility to support additional bank finance
• Current management is open to handholding the acquirer for 12 months post-acquisition.

Projections:

• The installed capacity is enough to take this to over INR 135 CR.
• With increase is sales and economizing on cost, one can achieve an EBIDTA of almost 18 to 20%

Industry Packaging/ Labelling	Sub Industry Packaging (Plastic - Pet Bottles, Jars & Containers)
Nature of Business B2B, B2C	Sector Manufacturing (Own Brand & Contract Manufacturing)
Reason for sell-off Retirement or Personal Reasons
Location India	Region Western
Open For Dilution 100 % (Complete Buyout)	Top Customer
Deal Size INR 50 - 60 Cr	Justification The valuation is based on the financials projected based on the expansion made by the group. Based on the projected financials the group is expecting a 10X multiple to EBIDTA

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