Requirement : Partial Exit for USD 7M
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Deal Synopsis
Project OEM is a Sole Proprietorship concern and is in the business of manufacturing Exhaust Fans, Table Fans, Farrata Fans, Pedestal Fans, Wall Fans, Ceiling Fans, Stampings, and Electric motors.
Their forte lies in the excellent quality of finished products that they have been able to sustain since inception. This has helped them to make ancillarization their mainline business.
They presently deal with professional organizations, both domestic and international and are proud to be associated with companies such as Crompton Consumer Limited, Havells, V-Guard, CG Power Ltd, and Luminous-Schneider India, among some others, where their long associations are 24 years old now. Crompton fans have rated them as one of the highest achievers in their SQP (six-sigma) quality certification program, AND Havells has rated us at A+
Supplies to the above companies have not only given them the capacity to handle large scale production of their product range, but also the ability to cater to stringent quality norms. Products of the highest quality standards help them strengthen their core competency of producing various designs of light fittings, fans, motors, and their accessories under the brand names of our customers.
They have their own sheet metal, automatic CNC machining centers, and automatic winding for fans and motors. They have two plants in Parwanoo and Goa.
The Company is proud to state that it has achieved a 40% increase in turnover every year since 1995.
Deal Highlights
Well established business in OEM Manufacturing segment with a strong YOY growth
Very strong order book with commitments over $10M
A+ ratings from reputed clients.
Established platform to develop new Products
