The subject of sale is a company focused on wholesale and distribution of lamps and LED lamps on the European market. There are two related companies for sale – an Italian company and a Slovak company, both of which have the same owner and operate as sister companies. The company represents all the popular and best-known manufacturers of lamps, such as PHILIPS, OSRAM, etc. In addition to standard lighting elements, the company specializes in technical lighting and special lighting elements used in industry and agriculture.
The company has won a leading position among suppliers of lighting elements in Central Europe. The company’s customers are entities from the EU, but also from countries outside Europe, the company currently processes and ships approximately 60 orders per month. The company procures goods directly from European manufacturers.
Slovak and Italian companies complement each other perfectly, help each other and take advantage of the opportunities and demand that arise in their own regions. The intention is to sell individual companies separately, or both together. The owner’s son is the business heart of both companies and would very much like to continue his activities if the new owner is interested. There are two sales options:
Sales of Italian and Slovak companies. The price expectation of the owner in the case of this variant is EUR 5,000,000. The interested party will take over the entire distribution business and representation throughout Europe.
Sale of the Slovak company, without the Italian company. The owner’s price expectation for this variant is EUR 2,100,000. The interested party will thereby take over the business in Eastern Europe, while the cooperation between the Italian and Slovak sister companies will be contractually ensured.
The warehouse and office premises of the Slovak company are located in a rented hall in the Bratislava region with an area of approximately 460 m2, where it moved in May 2022 for capacity reasons. Currently, the company has only 3 permanent employees, of which 2 are storekeepers. The amount of stock is constantly changing over time, the owners also accept the possibility of selling without stock.
The current owner is responsible for the management of the company and partly also for the business, but currently the owner devotes an average of max. 15 hours of time per week. According to the current owner, with good management, the company has great potential for the development of the company’s activities in the EU and outside the EU. The main reason for the sale of the company is the older age of the owner. The company is fully functional and immediately available for transfer to the new owner.
The price of the Slovak company stated in this offer includes a warehouse in the amount of 650 thousand. EUR in purchase prices, the sale price will be adjusted, if necessary, also taking into account the current level of working capital at the time of sale (e.g. in the case of substantially higher/lower inventory at the time of sale, the price will be higher/lower). The company price does not include cash in the company’s accounts.
Warehouse and office space
Total annual turnover
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