Opportunity Overview
1. Location: Dammam, Saudi Arabia
2. Asking Price: 20 Million Bahrain Dinar (Negotiable)
3. Sector: Fiberglass and steel products manufacturing
4. Client Base: Strong, with ~59% of trade receivables linked to Saudi Electricity Company
Confidentiality & Market Status
This opportunity is not announced in the market.
It is being offered on a confidential and selective basis to a limited number of potential buyers.
Current Interest
There are currently two investors actively interested and under negotiation with us.
Both parties have expressed serious interest and are in discussions.
Urgency – Reason for Sale
The owner is over 70 years old, facing health challenges, and has no direct successors to continue managing the business.
Due to his health situation, he does not have enough time to wait for lengthy or uncertain processes.
The intention is to ensure a smooth and timely transition to a capable investor who can sustain and grow the company.
Next Steps – If You Are Interested
Due to the ongoing negotiations and the seller's requirement to engage only with financially qualified buyers, we kindly request that, if you wish to proceed, you provide the following:
• A formal Letter of Interest (LOI) confirming your intention to acquire the company.
• Proof of Funds or a Bank Comfort Letter demonstrating your financial capability to complete the transaction.
Upon receipt of the above, we will be pleased to consider your interest alongside the other parties currently engaged in the acquisition process.
For more details, contact me +97339335958 (WhatsApp)