Wood processing company is looking for a distribution service agreement for existing products or manufacturing agreement with possible elements of financial agreement

OFFER from Bosnia and Herzegovina, reference: BOBA20200709007, valid from 09-07-2020 untill 29-07-2021

Business
  • Start date:
    9 juli 2020
  • End date:
    29 juli 2021
  • Summary:
    A company from Bosnia and Herzegovina,active in wood processing, currently produces wooden and metal legs for furniture (beds, sofas and tables). They are looking for a distribution service agreement for their products in Europe, but are also open to a manufacturing agreement with a financial agreement for other types of wooden products such as chairs, beds, tables and toys.
  • Description:
    The company from Bosnia and Herzegovina active in wood processing is looking for distribution or manufacturing with the financial agreement. Although the company has been active in Bosnia and Herzegovina market for 20 years, for the last two years they specialize in the production of wooden legs for furniture (beds, sofas, and tables) and are looking to expand sales of those products to the European market. The company primarily produces wooden legs, made from beech, oak, pine and fir in two main formats - round and square, with over 20 different varieties, but they also have some varieties which combine wood and metal.

    The distribution service agreement is aimed at finding new buyers from the European market for wooden legs that they already produce. At the moment they already have one buyer from the Netherlands that buys small quantities of legs from them and is looking for other similar arrangements with other companies from Europe.

    The company is fully equipped for rough cutting and drying of wood, and furniture legs production, and access to wood, but is lacking machines for final wood processing (such as contact grinding and CNC (Computer Numerical Control) machines). However, as the company is interested in producing other wooden products such as chairs, beds, tables and toys, it is also open for manufacturing agreement where the partners would be willing to assist in acquirement of equipment, by either advance payment to purchase the equipment, providing the equipment directly or leasing it to the company, so that they can earn it over time. The acquirement of the equipment could be the subject of a separate financial agreement with the partner or a part of the manufacturing agreement.
Partner Sought
  • Type of Partnership Considered:
    Financial agreement, Manufacturing agreement, Distribution services agreement
  • Technical Specification or Expertise Sought:

    The client is looking for partners active in the wood production whose role would be to invest in appropriate machines, finding new customers or being a customer for manufacturing services. The role of the partner could also be to directly provide equipment.

Organisation
  • Development stage:
    Already on the market
  • IPR Status:
  • Market keywords:
    Other Industrial Products (not elsewhere classified)
  • Technology keywords:
    Wood Products
  • NACE keywords:
    Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials
  • Advantages and Innovations:
    The company has 20 years of experience in the wood processing industry and an excellent reputation within the Bosnia and Herzegovina market. They have an assortment of beech, oak, pine, and fir wood with their own drying facilities and large storage area, and base production operation with some experience in cooperation with partners from the EU, as well as high-quality human resources.
Client
  • Type and Size of Organisation:
    Industry SME 11-49
  • Already Engaged in Trans-National Cooperation
    Ja
  • Year Established:
    1998
  • Turnover:
    <1M
  • Country of origin:
    Bosnia and Herzegovina
  • Languages spoken
    • English
    • Serbian