Anna Schoors
Hamburg (DEU)
Role(s):
C-Level Executive (CEO, CFO, etc.)
Otto Tooling
Find More Startups
Startup
Location:
Hamburg
Industry:
Engineering
Year Founded:
1989
Number Employees:
50-100 people
Description:
Otto Tooling is looking for investment of 800.000 Euros with 15% own capital available as security deposit.
Otto Tooling, based in Hamburg, Germany has designed and built machines and industrial automated systems that are ready for markets in various sectors such as Metalworking machinery, Construction machinery, Food products machinery, Electrical equipment, Turbines, Motors & Generators.
The prime customer base for Otto Tooling is the US and the growing economies of Eastern Europe, Mexico, Brazil, China and India, targeting the industries of Automobile Seating Manufacturers, Fine blanking and stamping manufacturers, Manufacturers of complete product lines.
The funds will be used for developing new product lines, equipment purchase and market expansion. A Financial Plan is available for review.