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Details - Information last confirmed on September 6, 2020

100% family owned entity manufacturing X-ray machines with products catering to Security, Healthcare, Sanitization and Industrial sectors
Classified as “Class I Local Supplier” under Make in India
Business has high entry barrier with approvals needed from AERB* of 12-36 months for product, facility and production
Company has R&D culture with 3 PhDs and ~20 engineers
Promoter wants to outrightly sell business due to personal reasons

Key competitive advantages

Few indigenous manufacturers in high entry barrier business
Favourable Govt. policies
Rental/AMC are annuity revenue streams
Under-penetrated market for dental products
Under-utilized manufacturing capacity

Deal Size; USd 5 Million

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