Plastic Bag Company For Sale
Location Vietnam
Asking Price Range $2.5M - $5.0M
Gross Revenues $0
Net Profit / Cash Flow $500000000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1996
Number of Employees > 200
Relocatable Not Disclosed
Number of Employees > 200
Real Estate Leased
Description Kong Wai was established in 1996 in Hong Kong. It produces all kind of plastic bags. In 2003, we would like to improve the quantity of output. Therefore, we move to Shenzhen, China, this is Wui Hing Plastic Bags Printing (Shenzhen) Co., Ltd
In 2006, as to meet the Anti-Dumping Duty of European Union of plastic bags, we established a branch (Hoi Hung Co., Ltd.) in Vietnam where does not have the anti-dumping duty of European Union and USA. At the same time, we get a privilege in mainland China successfully, which means the Anti-Dumping tariff of European Union was reduced to 8.4%.
We both have product lines in mainland China and Vietnam, they can manufacture all kind of plastic bags and delivery the products abroad. The innovative business system which include a systematic one stop service is more beneficial and convenience to both of our customers and our company. We do know customer's satisfaction and benefit are the origin of our treasure.
We gained rich manufacture experience during these ten years development which was with continuous improvement and innovation. We use high technological equipment, most experienced technicians and high qualified staff and workers.
Due to the above reasons, we become one of the most powerful companies in the plastic industry. We pursue " high efficiency and good quality. " Our products are very popular with our customers. If you are interested, please don ' t hesitate to contact us.
The raw materials of plastic bags include HDPE ( PO), LDPE (PE) and LLDPE.
Our product selections includeVest bags, Soft/Hard handle bags, Shopping bags, Varigauge bags, Wave top bags, Patch bag, Roll bags, Square bottom bags, Draw string bags, some hand-made bags, plastic aprons and gloves.
Factory Size (Sq.meters): China 9,500, Vietnam 5,000.
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