Joy brings over 17 years of experience from the Price Waterhouse Coopers network, where he built deep expertise in transaction advisory and mid-market M&A. His extensive India market relationships and proven M&A capabilities strengthen our ability to serve clients navigating critical financial events – from growth funding to strategic acquisitions to exits. This partnership expands our M&A advisory offering, combining Joy’s deals expertise with our operational transformation capabilities.
The company is a profitable, operational grain-based ethanol producer with a 105 KLPD capacity and a 2.5 MW captive power plant. It is a key supplier under India’s government-mandated E20 biofuel blending program, boasting firm offtake agreements with leading Oil Marketing Companies (OMCs). The business offers high revenue visibility, multiple revenue streams from valuable by-products, and is positioned for exponential growth aligned with national energy security goals. This is a turnkey opportunity to acquire a critical asset in India’s sustainable energy infrastructure.
Products & Operations
The company’s core product is fuel-grade ethanol, supplied directly to government-mandated OMCs. Its fully integrated operations also generate valuable by-products, including:
The facility features its own logistics, storage, and a water treatment plant, ensuring operational efficiency and control over the entire supply chain. It is a zero-liquid discharge plant, emphasizing its strong ESG credentials.
Key Investment Highlights
Growth & Upside Potential
The acquisition offers immediate, de-risked growth through increased production capacity utilization. The future product pipeline includes high-margin specialties like Pharma Grade Spirit and Ethyl Acetate, providing a clear path to diversify and significantly increase earnings.
This is a unique chance to acquire a strategic asset in the high-growth green fuels sector, backed by national policy. The business is an ideal acquisition for strategic investors in energy transition, green infrastructure, or Agritech.
This globally recognized, vertically integrated manufacturer of non-ferrous copper alloy wires was established more than 20 years ago and is headquartered in a major industrial hub in India. The company has grown from a modest facility into an industry leader with a monthly production capacity of 275 MT. It holds a dominant position in several niche markets, including being one of the largest manufacturers of EDM wire in India and the world’s third-largest producer of toothbrush anchor wire. The company is a trusted supplier to a diverse range of industries, from atomic energy and aerospace to fashion and fast-moving consumer goods.
Products & Services
The company specializes in the production of over 20 different types of high-precision copper-based alloy wires, including Brass, Phosphor Bronze, Nickel Silver, and specialty Bronzes. Its product portfolio includes round and flat wires in various tempers and sizes, fine wires for specialized applications, special electrode wires, and non-ferrous castings. Key product lines with the strongest margins include EDM wire, toothbrush anchor wire, Jari (decorative) wire, and high-specification phosphorus bronze mesh for critical government nuclear projects.
Operations & Facilities
The company operates from an 80,000 sq. ft. company-owned facility equipped with state-of-the-art infrastructure that is included with the sale. This includes three induction furnaces, one oil-fired furnace, six annealing furnaces, and an NABL-approved in-house testing laboratory. The operation is supported by a robust power infrastructure of 1,500 KVA and backup DG sets, ensuring uninterrupted production. A significant competitive advantage is the fully integrated, in-house process from melting and casting to fine wire drawing, allowing for superior quality control and cost efficiency.
Key Investment Highlights
Reason for Sale
The shareholders are pursuing a sale due to a generational transition in career interests, presenting a unique opportunity for a new owner to acquire a mature, profitable, and well-established business with a highly experienced and stable workforce.
This is an opportunity to acquire a highly respected and established manufacturer of specialty instrumentation and fire survival cables, serving India’s core infrastructure sectors for over 40 years. Founded by a team of engineering professionals, the company has built an impeccable reputation as a trusted supplier to the nation’s most prestigious petrochemical, refining, and infrastructure projects. With a debt-free balance sheet and a premier approval from key government entities and consulting engineers, the company represents a unique, foundation-level investment in India’s growing industrial and urban development.
Products & Services
Operations & Facilities
The company operates from its manufacturing facility, with a supporting marketing office in Mumbai. It is ISO 9001:2015 and ISO 45001:2018 certified and maintains a comprehensive in-house testing facility. All dispatches undergo mandatory pre-dispatch inspection by renowned international agencies, ensuring global quality standards. The current operation runs on two shifts with a workforce of approximately 60 employees.
Key Investment Highlights
Business Highlights:
Owners are selling due to personal reasons (retirement and family divestment). The intention is to sell the business as a going concern to a buyer interested in entering the bitumen manufacturing space in Malaysia and Asia more broadly. The sale would also include the current clients, all assets (both tangible and intangible), and all current staff who are involved in running the business.
Current Business:
The current business generates revenue, is profitable, and cash flow positive. The intention is to sell the business as a going concern with a mixture of cash and seller financing.
Opportunity:
Buyers would ultimately be interested in purchasing the business in order to enter the bitumen manufacturing space via a profitable and successful local Malaysian business with management in place.
Financing: TBD
Business Highlights: Owner is selling due to financial restructuring in related businesses. The intention is to sell the business at NAV which includes the Air Operator Certificate (AOC) and license(s), and the equity in the aircraft that it currently has. The sale would also include the responsible officers tethered to the AOC and licensing agreements as well as the regulatory requirements for the continuation thereof.
Current Business: The current business generates revenue but is not profitable. The intention is to sell the business at NAV assuming that there is no equity value in the revenue generating portion of the business.
Opportunity: Buyers would ultimately be interested in purchasing the business in order to short-cut the process of acquiring an AOC and license to operate commercial aircraft in France and Europe more broadly.
Financing: TBD
**Remote Operation**
Business Highlights: Owners are selling due to business reorganization. The intention is to sell the business as a going concern to a buyer interested in purchasing a profitable online business. The sale would also include the current clients, all assets (both tangible and intangible), and all resources and accounts that are involved in running the business.
Current Business: The current business generates revenue, is profitable, and cash flow positive. The intention is to sell the business as a going concern with a mixture of cash and seller financing.
Opportunity: Buyers would ultimately be interested in purchasing the business in order to enter the online luxury watch retailing space via a profitable and successful business.
Financing: TBD
