HETA Asset Resolution Bulgaria OOD as seller announces the first stage of a tender procedure for sale of the industrial property

HETA Asset Resolution Bulgaria OOD as seller announces the first stage of a tender procedure for sale of the industrial property

HETA Asset Resolution Bulgaria OOD as seller announces the first stage of a tender procedure for sale of the industrial property
TENDER NOTIFICATION
HETA Asset Resolution Bulgaria OOD ("HETA BG") as seller announces the first stage of a tender procedure for sale of the industrial property "Keramika Pliska Glazed Tiles Plant"- a factory for production of glazed tiles, situated in Novi Pazar town, Shumen region, Bulgaria as asset deal (this is not a sale of shareholding).
Description:
Glazed tiles production plant Keramika Pliska in an advanced construction stage, consisting of: (i) production plant with 19,202 sq. m. of total build-up area, (ii) full production equipment and (iii) land plot with total area of 40,665 sq. m.
Equipment description: The equipment was produced and assembled by the Italian company Siti – B&T Group S.p.A. in 2008. The production range of the plant includes producing glazed floor tiles, wall tiles and technical porcelain tiles. The overall annual production is around 5.5 million square meters, split-up into the three types of product, with the possibility to obtain the most popular sizes in accordance with the market demand - from 250 x 330 to 600 x 600 mm. Description of all sections of the production plant:
1. Preparation Section;
1.1 Raw Materials Handling Section;
1.2 Body Slip Preparation Section;
1.3 Powders Preparation and Treatment Section;
1.4 Glaze Preparation Section;
2. Pressing and Drying Section;
3. Glazing Section;
4. Movement and Storage Section;
5. Firing Section;
6. Selection and Palletization Section;
7. Auxiliary Plants.
Upon interest of the shortlisted bidders, HETA BG will extend its offer also to receivables against the former lessee Keramika Pliska I.P. AD, collateralized in favor of HETA BG by way of a mortgage over a resort hotel located on the Bulgarian seaside.
Tender procedure:
The tender will be organized in three stages: (i) first stage is identifying interested bidders, (ii) second stage includes a due diligence process and submission of binding offers, (iii) third stage is nominating the best bidder and closing the transaction. This tender notification concerns the commencement of the first stage.
Tender participation:
Bidders are required to express and confirm their participation interest by contacting the persons below not later than 22 October 2015 and delivering an executed Non-Disclosure-Agreement ("NDA") not later than 26 October 2015. Those bidders, who express their participation interest in the announced tender not later than 22 October 2015, would be required to sign a NDA, unilaterally prepared by HETA BG, and to provide documents for legal standing and powers of representation. Please note that only bidders, who have signed and delivered the NDA together with the requested documents to HETA BG (in a scanned copy per email) would be shortlisted for the second tender stage and would be provided with an access to the industrial property for on-site visits.
Contact details:
Ivelina Dimitrova, Sonya Koleva,
Communications shall be sent simultaneously to both contact persons.
Deadline for expressing participation interest – 22 October 2015, 6 p.m. EEST (UTC+02:00 - Helsinki, Kyiv, Riga, Sofia, Tallinn, Vilnius)
Deadline for execution and delivering the Non-Disclosure Agreement: 26 October 2015, 6 p.m. EET (UTC+02:00 - Helsinki, Kyiv, Riga, Sofia, Tallinn, Vilnius)
Short references:
Seller:HETA Asset Resolution Bulgaria OOD
Description: Glazed tiles production plant Keramika Pliska, in an advanced construction phase, consisting of production plant with 19,202 sq. m., full equipment and land plot of 40,665 sq. m.
Tender procedure: Tender notification for the first stage – identification of interested bidders
Tender participation: By expressing interest for participation and delivering executed NDA
Deadlines: 22 October 2015, 6 p.m. EEST for participation interest and 26 October 2015, 6 p.m. EET for the executed NDA and the submission of the requested documents (documents/certificates for legal standing and powers of representation).