Closed Deal: Copper Wiring Machinery (Heavy Industry)

Just to inform all the colleagues in the platform. After some thrilling months; I've been able to self-funded acquire a company in the Copper Wiring Machinery Industry. The company was raised in 1973 and, after 2 different generations, they were heading to bankruptcy (not because of the quality and technology of the product but because they were completely blind to Working Capital Cicles, Debt structuring and all the Business and Financial Administration taks) I know that usually; the searchers (even more if they have to be funded) look for already good businesses that, for any reason, are selling on a bargain or discount. I encourage to all of you to also look at hidden gems behind poor management or "crisis-critical" situations. I've been able to fully own a technology that has been in the market for already more than 50 years. With an existing Costumer Base. With an existing pool of installed machinery (that allows me to exploit spare parts and services). At a bargaining price (at liquidation). I also would like to ask my colleagues around Europe that if they find a deal that is not attractive enough do to "crisis" or "finance critial situations" I would love to take a look into it. To those that want to ask anything or that see some sinergies on the line, do not hesitate on contact me. Attached you'll find the website of the bankrupt company (just in order to make you all an idea of the industry) - https://www.tecalsa.eu/es/inicio/ My team is working on the new one. Cheers and have an amazing weekend Squirrels!