Business for Sale
We have recently been approached by a Turkish client who owns a successful fashion and textile business near Istanbul. Our client established the business over 30 years ago and is now considering retirement. The business has a turnover of about EUR 12 million per annum but the owner believes that could be doubled or trebled with the right investor. With tariff free access to the EU the business is focussed on the design and production of female and male fashions for the European market and it lists many of the leading European fashion labels as its clients.
The business operates from modern factory premises extending to about 7,000m2 and has a nominal production capacity of about 150,000 garments per month. The client would like to sell the business but would be willing to stay on for up to 3 years to ensure a smooth transition.
NDA requests to Charles.Moses@eddisons.com