Property ID : GREECE100
For Sale 20,000,000€ - Investment Proposals
Building Materials Business In Industrial Park With 6 Factories For Sale in Greece
The business was operating for years in the building materials sector and includes 6 running factories and has a total value of about 170,000,000 Euro. It has been inactive during the last two years.
The production process of the factories every year was about 20-30 million Euro up to when the company was active and if all went well in the last year the company’s value would exceed the threshold of 300.000.000 Euro. The crisis that began in Greece after 2008 almost completely stopped the construction activities in the country and forced the owner to sell the factories to cover his obligations at a fraction of the actual value.
The factories can be relocated to another country (with additional cost) and be operated there almost instantly.
- Company currently owns an industrial park of 100 acres with six factories covering the entire construction sector:
-Production of bricks
-Roof tile production
-Ready concrete production
-Dry mill factory
The total cost of the investments conducted during the last 10 years amounts to 170 million Euro.
Under normal circumstances the projected value of the company would exceed 300 million Euro
Details available to interested parties.