Enterprise Europe Network

A Turkish barrel lock manufacturer is looking for investors in their company.

Country of origin:
Country: 
TURKEY
Opportunity:
External Id: 
BOTR20181212001
Published
04/02/2019
Last update
04/12/2019
Expiration date
27/08/2020

Keywords

Partner keyword: 
Other manufacturing (not elsewhere classified)
Manufacture of locks and hinges
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Summary

Summary: 
A barrel lock systems manufacturer from Turkey is looking for cooperation based on financial agreement. They are manufacturing brass cylinder lock in various sizes and looking for partners from UK, Czech Republic, Poland Germany and Italy.

Description

Description: 

The company was established in 2008 in Bodrum, Turkey.
The main field of the company is manufacturing brass cylinder locks for doors. Their product range differs from 68 mm to 110 mm that features polished MS 58 brass case and pins, stainless steel springs and digital technology (5 digits) dimple key (3) key combinations.
They are already well settled on the internal market as a manufacturer. Also, they have a good network as wholesaler&retailer and would like to broaden their activities.
They are seeking companies to partner with under a financial agreement to increase the production line and technological innovation. The partner is expected to support the company in the internationalization process so having a good network in target countries is preferable. They are targeting investors from UK, Czech Republic, Poland Germany and Italy and offering %50 share of the company.

Advantages & innovations

Cooperation plus value: 
-Has a good customer portfolio. -The company has a TS EN 1303 Certificate -%90 Customer Satisfaction in 2018. -All women-labor company. Its all production line is run by women.

Stage of development

Cooperation stage dev stage: 
Already on the market

Partner sought

Cooperation area: 
Type of partnership: Financial Agreement with a %50 of company shares. Companies with a 2+ million euro turn over are preferred. Role of partner: -Support company in the internationalization process and empower market capacity. -Technology investment. -Investment to increase production capacity. -Know-how transfer would be a plus.

Dissemination

Dissemination sector group : 
Dissemination preferred : 
Czechia, Germany, Italy, Poland, United Kingdom