No photo available
May 17, 2020 — The plant is located in the East of Bosnia Herzegovina. The origin of the water goes back centuries and is located in the Majevica mountain range in the North East of Bosnia and Herzegovina at a height of 3,000 feet above sea level. The source of the water for production is source from within the environment of fresh clean mountain air, natural wildlife and the refreshing clean water of the spring.
The bottled spring water has been sold in the internal market of Bosnia and Hercegovina, across the Balkan nations and its export has been throughout Europe and the Middle East as far afield as Saudi Arabia. Access to the Adriatic Sea is easily achieved via Port Neum or Rijeka (HR).
The company has a 7 year history, proven track record, healthy sales and assets with a good “order book” showing positive financials. The onsite factory is a modern building that meets all international quality and safety standards. The process of the filling of natural spring water flows from the source to the production line in a closed, fully sterile system. So this allows the filling of the same quality water as at the source.
The capacity of the source is approx. 37.6 million liters a month. The concession is valid from 2015 for another 30 years from the state. As part of the spring is also a modern equipped laboratory that
constantly controls the production of microbiological and physic-chemical water quality. The system/device/object is controlled by the TUV Nord system and is permitted as such.
The company is currently working only at 10% of its production capacity, with a humble stall of 12 people. The full overview of the company financials for 2016, will be given in advanced stage of negotiations. The current owner is seeking to retire at the tender age of 66. He is ready to pass on the torch to an ambitious and success driven team to continue his legacy and ensure that brand becomes not only a household name across Europe, but across the globe.
The current owner is seeking to sell the entire company, with all assets and the trade marks for a total of 5,000,000 Euros. Should you wish to explore this opportunity further, we would invite you to end us you companies letter of intent, after which a more detailed set of documentation can be furnished with a site visit and a meeting with the current owner arranged within 7 days. Interested buyers are required to provide a Letter of Intent and proof of funds.
Disclaimer: DealStream has not independently verified any of the information in this post and makes no warranty as to its accuracy or completeness.