Enterprise Europe Network

A leading Jordanian company with a wide range of products in the world of disposables, plastic, and food packaging solutions, and which has over 20 years of experience seeks acquisition of other companies working in the field of such products.

Country of origin:
Country: 
JORDAN
Opportunity:
External Id: 
BRJO20181016001
Published
16/10/2018
Last update
23/11/2018
Expiration date
24/11/2019

Keywords

Partner keyword: 
Foil, fils
Packaging for materials
Plastic bags
Plastics, Polymers
Housewares
Other consumer products
Other Consumer Related (not elsewhere classified)
Other Industrial Products (not elsewhere classified)
Packing products and systems
Manufacture of other articles of paper and paperboard
Other manufacturing n.e.c.
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Summary

Summary: 
An internationally-known Jordanian company in the field of packaging that can provide complete and integrated solutions of food packaging products, wrappings, and disposables, which made it a one-stop-shop for hotels, restaurants, hypermarkets, wholesalers, airlines, catering companies, households and others, seeks acquisition agreements to buy established entities as distribution companies, catering companies, wholesaler, importers…who are supplying their customers with such products.

Description

Description: 

A leading Jordanian internationally-known manufacturer established in 1998 as a limited liability company serving the field of disposables and food packaging solutions. With a facility of 3 buildings and a total area of 20,000sqm employing about 120 employees, the company can produce about 200 ton of different products in one working-shift including the following main three categories:

1. Food, industrial, catering, and household wrapping solutions including: Aluminium foil, cling wrap films, sandwich paper, and industrial stretch wrap films. This category contributes to about 70-75% of the export turnover.

2. Food-to-go packing solutions including: customized paper packing products, paper bags, paper cups, and pizza boxes. This category contributes about 15-20% of the export turnover.

3. Aluminium food containers with different shapes and sizes contribute to 5-10 % of the export turnover.

The company can supply all the above products with the needed quantities, on-time delivery, and the superior quality for customer satisfaction. In which all the above products except for the industrial stretch wrap are food-grade certified products having the international and local required certificates such as ISO 22000, ISO 14001, JFDA (Jordan food and drug administration), ISO 9001, and in-process to get the BRC (British retail consortium) certificate. In addition, the company was approved as the only strategic partner by the union of restaurants and confectionary proprietors in Jordan. In fact, all the used raw materials in addition to all the used machinery are European-made with the European know-how.

The company is working with big clients as Carrefour, Sheraton, Marriott, Kempinski, Le Royal, Cozmo, Miles, and others. And is exporting to countries such as Germany, UK, Sweden, Saudi Arabia, Iraq, Yemen, Lebanon, Palestine, Qatar, Libya, Kuwait, Morocco, and others. It is one of the first 4 major suppliers of food packaging solutions in the Middle East and Gulf area and owns over 65% of local market share.

The company is looking to expand its business in the EU countries by buying other similar companies through acquisition agreements such as distributors, wholesalers, catering services, importers…etc. In fact, the company is willing either to buy entire companies completely or buy at least 51% of the shares with no conditions related to management or operations. In which the partner company after offering its shares can still continue to take care of operations and management. However, the partner has to be working with such products and own good network of clients with good reputation in the market.

The partner company has to be working for at least 5 years in the field of food items, packaging, disposables, and plastics. The partner company can be a wholesaler, distributor, catering provider, retailer….etc. The partner must have a good reputation supplying a good network of customers through its established distribution channels.

Technical Specification or Expertise Sought

Cooperation sought: 
The partner company has to be working for at least 5 years in the field of food items, packaging, disposables, and plastics. The partner company can be a wholesaler, distributor, catering provider, retailer….etc. The partner must have a good reputation supplying a good network of customers through its established distribution channels.

Stage of development

Cooperation stage dev stage: 
Already on the market

Partner sought

Cooperation area: 
The company is looking to acquire other companies either entirely or at least 51% of shares of those who work in the field of food items, packaging, disposables, plastics.... as wholesalers, distributors, importers, catering companies...etc. Those partner companies should have at least 5 years of experience in the field of work. In addition to that, the partner should have the following: 1. Strong network of customers and business relations linked to hotels, restaurants, hypermarkets, wholesalers, bakeries, airlines, households, catering companies, retailers, and others. 2. The partner should have the know-how and experience in this field of business with solid marketing department to provide the needed marketing, quality services to customers, and quality after-sales service.

Type and size

Cooperation task: 
SME 11-50,SME <10,251-500,SME 51-250,>500