1. Businesses
  2. Healthcare & Pharmaceuticals
  3. Maharashtra
  4. Mumbai
  5. SL001329
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Medical Device Manufacturing Business for Partnership or Outright sale in Mumbai

Listing ID: SL001329
Posted By: Owner
Last Active: 1+ year ago
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About Business

This medical device business was established in the year 1992. It is into manufacturing OEM products for surgical companies. The manufacturing unit is in a rented premise in Navi Mumbai with 5 years lease, it also has in-house R&D setup. Surgical companies are their direct clients and they have exported their products to Egypt, UK, USA and gulf countries in the past. The company has developed state-of-the-art technology in India. All their products are approved by well-recognised Institution & hospitals throughout India. Now to export their products into foreign countries the manufacturer requires to have FDA approval. To fulfill the FDA approval related regulations, the company is required to upgrade the unit. The up-gradation project is on the urge of completion as is about 90% complete. To finish the remaining work the company needs INR 50 Lakhs more. It has already infused around INR 1.5 Crores in the upgradation process till date. The owners are ready for both partnership and takeover depending on the proposal.

Reason

Funding Requirement

Keywords

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₹10 to ₹200 Cr

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  • What decisions are to be taken to improve the profitability of the business?
  • Time period of payback or return is envisaged from the business?
  • Any long-term strategic benefit or synergy with your existing business?
    • Will the clients continue with the business after the acquisition?

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