The Singapore company is an established manufacturer of high pressure cylinders. They are looking for distributors in Europe under distribution services agreement. Secondly, they are looking at a joint venture agreement with a European company. Thirdly, they are seeking candidates for the purpose of merger & acquisition under the acquisition agreement. They are targeting Germany, Netherlands and France.
The Singapore company is a manufacturer of high pressure precision hydraulic cylinder. They have production facilities in Singapore and China with a plant size of 10,000 square meters with a work force of about 70 staff. The end products are suitable to be used in construction, marine, oil & gas, waste management and agriculture industries. The company is looking for partnering opportunities in Europe especially in Germany, Netherlands and France to further develop their business. They are seeking distributors in the targeted countries to distribute and sell their products to the relevant industries. The distributor should have an established supply chain and clientele of companies from the relevant industries that are ordering similar products in their respective region of coverage. This will be arranged under a distribution services agreement. The Singapore manufacturer is also looking to go into a joint venture partnership with a fellow hydraulic cylinder manufacturer in the targeted countries to do joint market development. The European company should be eyeing Singapore/ASEAN/Asia as their next growth market to achieve a win-win situation for both companies. This arrangement will be under joint venture agreement. The Singapore company is on interested to acquire companies in the targeted countries that add value to their entire supply chain as well as to complement their vision to expand into Europe. This will be arranged under acquisition agreement.
Innovations and advantages
- The Singapore company is ISO 9001 certified - Ability to manufacture double acting telescopic hydraulic cylinder in high volume - Built-in high pressure proximity sensor - Successfully developed high speed, low friction hydraulic cylinder - Third party surveyor approved
Market application codes
08001009 Speciality/performance materials: producers and fabricators
08003007 Other industrial equipment and machinery
09004008 Other manufacturing (not elsewhere classified)
Type of partner sought
For distribution services agreement: The distributor should have an established supply chain and clientele of that are currently utilizing such products. They should also be able to store and handle the logistics of such products in the regions that they cover respectively. This will be arranged under a distribution services agreement. For joint venture agreement: The European company should be eyeing Singapore/ASEAN/Asia as their next growth market to achieve a win-win situation for both companies. They should also be looking to innovate and share knowledge with the Singapore SME to possibly breakthrough and come up with something new. For acquisition agreement: The European company should be open to investments and capital injection from a third party and is willing to relinquish control of the company to the Singapore manufacturer.