X Ray Baggage Scanner Company for Sale
This family-owned company is engaged in the production of X-ray machines, as well as products for the security, health care, sanitation and industrial sectors. The business is ranked as Top Tier Local Supplier according to India’s Manufacturing Index.
Business is profitable. Also, this firm has its own investigation and technical expanding structure, which consists of three PhDs and about twenty engineers working in relevant industry.
Seller has a desire to sell the company directly to a potential buyer for personal reasons.
Among the main competitive advantages that distinguish this company are the following:
- All approvals in place including time consuming Atomic Energy Regulatory Boards approval which normally take up to 3 years for certifications. All models of baggage scanners are certified for public use. The facility is also certified for manufacturing, storing and trading of radioactive materials.
- Class 1 supplier for all Government contracts. This enables it to bid and qualify for all contracts to supply baggage scanners for railways, ports, airports and other sensitive installations. More than 50% of components going into the baggage scanners are manufactured locally.
- Recent thrust by the Indian government for ‘Make in India’ has opened up contracts worth INR 200 Crores ($20million approx) locally. That is; now the tenders are floated locally and are not a Global tender anymore.
- With this acquisition your company becomes eligible for all biddings in the Government orders as well as Private institutions.
- Qualified and experienced people, all SOPs in place, Curated suppliers, Cost arbitrage for the acquirer are few important take aways from this acquisition.
- Asian markets are price sensitive and a low cost robust equipment manufacturer can enter and supply these profitably. All major SE Asian markets can be served from this company.
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