Location: Romania
Sales: $2.8 Million USD (2011) -Plant has capacity of $10M in sales
Price: $7.0 Million USD for an Asset Sale (Includes $2.7M in land and buildings)
EBITDA: $648,000 USD and growing

� Growing manufacturer of quality hardwood lumber and related products established in 1993 seeks new ownership to bring additional vision and growth to the company
� Products include lumber (beech, maple, oak), edge glued panels, chopping boards, countertops, wooden stairs, and solid wood furniture and are sold in China, USA and Europe
� Factory is Certified ISO 14001, 18001 and FSC (Forest Stewardship Council) with a sawmill capacity of 2,500cubm monthly and panel plant capacity of 150-200cubm monthly
� New capital investments (using EU Grants) include an industrial boiler with automatic feeding system and a twin band saw and stacking equipment
� Solid management team utilize modern manufacturing and HR practices and state-of-the-art technology to maintain high productivity, low costs and enable new product development
� Sales are expected to grow 20% in 2012 and the gross profit margin is consistently over 50%
� Future approved (EU Grant) capital projects are for new panel machinery and a pellet plant
� Sale includes 8 acres of land, 100,000sf in buildings (panel plant, sawmill, kiln, dying rooms, storage, warehouses) with an appraised value of $2.7 Million USD
Seller is seeking to pass their business to experienced operators who can build on growing sales. It is important that new ownership continue the company�s social legacy of investing in the community and creating a positive work culture. Seller will be a strong asset during the transition.

For more information contact Frank Kusmer or Chris Kassardjian in Vancouver (Canada) at: +1 604 909-1271