Personal Care Products Manufacturing Business for Sale in Tamilnadu
A JV (European & Indian) company focusing on developing innovative green products in microbiology and water treatment is for sale. Products manufactured - Hand Sanitizers, Mosquito repellent, baby products, floor cleaners etc. The business has gone active for the past one year. Indian associate holds 100% shares now. The foreign partner has a right for 26 to 30% shares over a period of time as per the agreement. The company’s products has its presence in 2 states – Tamil Nadu and Kerala. Revenue generated for last FY is Rs. 50 lacs. Land area (leased) is approx. 4000 sq.ft, production capacity - between 3000 to 4000 bottles/day, if run on one shift per day. The plant has semi-automated bottling machines. Asking Price: INR 1.5 Cr subject to the actual terms and conditions of sale.
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