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Invest In A Plastic Bag Manufacturing Company - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessInvest In A Plastic Bag Manufacturing Company (874 Views)

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Invest In A Plastic Bag Manufacturing Company by madtom85(op): 10:41am On Dec 02, 2016
Lyons Lemmy Nigeria Limited is looking for any interested, strategic investor or partner. We Manufacture quality sachet water bags (pure water nylon), retail bags, garbage bags e.t.c. In Akure, Ondo State.
If you understand the plastic film business (nylon), there is a wide margin of profitability from the manufacturers to the distributors which is the reason for a dense market in Lagos and Ogun State; however, demand still has not been met. I Consider Ondo State as a Virgin land in the sector because of no significant competition and we can't even meet the demands of the customers and that's why we are looking for a partner or partners ready to invest in the company.
Presently, we have 4 extruder, 2 printers, 2 cutters, 1 slitter with a 250 KVA generator. Please check the equipments in the plant below and call 07033278678 or 08139220663 if interested

Re: Invest In A Plastic Bag Manufacturing Company by omoola007(m): 6:20pm On Dec 02, 2016
How much are you looking for ? what will it ne used for? How much equity are you willing to give up? Whats the general upside.

You are right its very profitable but what will the investment do for you? will it allow you reach a certain goal faster or you just want to sell more and grow capacity?
Re: Invest In A Plastic Bag Manufacturing Company by madtom85(op): 9:07pm On Dec 02, 2016
omoola007:
How much are you looking for ? what will it ne used for? How much equity are you willing to give up? Whats the general upside.

You are right its very profitable but what will the investment do for you? will it allow you reach a certain goal faster or you just want to sell more and grow capacity?
I'm looking for an investment between #50-#100million which will allow us to give up an equity ranging from 25-40%.
The investment will allow us to go back into production because presently we lack working capital
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