With roots that date back to 1961, Asia Enterprises is a major distributor of steel products to industrial end-users in Singapore and Asia-Pacific. Over the past 39 years, the Group has continually expanded its product range and enhanced its value-added services to offer a 'one-stop' solution to its…
With roots that date back to 1961, Asia Enterprises is a major distributor of steel products to industrial end-users in Singapore and Asia-Pacific. Over the past 39 years, the Group has continually expanded its product range and enhanced its value-added services to offer a 'one-stop' solution to its customers. Today, Asia Enterprises supplies over 1,200 steel products to more than 700 active customers involved primarily in marine and offshore, oil and gas, construction as well as the precision metal stamping, manufacturing and engineering/fabrication industries. The Group has forged a strong reputation as a reliable distributor of steel products to the marine and offshore industries. Asia Enterprises presently operates out of three facilities in Singapore - two warehouses and a steel processing plant-cum-warehouse with a combined land area of 45,934 square metres.To complement its distribution business, the Group also provides value-added precision steel processing services through its steel service centre, which is a joint-venture with Marubeni-Itochu Steel Inc. Asia Enterprises plays a vital intermediary role in the steel industry value chain by bridging the gap that exists between demand from industrial end-users and supply from steel mills. Most industrial end-users of steel typically purchase a large assortment of steel products in relatively smaller quantities according to their usage, and require intermittent deliveries on a prompt basis. However, steel mills generally focus on a narrower range of product lines, require minimum order quantities and at least two to three months for delivery; hence it is uncommon for steel mills to sell directly to industrial end-users. As a steel distributor, we purchase steel products from steel mills and international steel traders in large quantities for resale in smaller quantities to industrial end-users. As such, we are able to provide our customers with readily available inventory, reliable and prompt delivery, and flexible order size. In addition, our steel processing services increase our value-add to customers as we are able to customize product dimensions to the needs of each industrial end-user.
Team (1)
Sectors Asia Enterprises Holdings LTD serves:
Business Services
Distribution
Materials
Join Axial's Private M&A Platform
Asia Enterprises Holdings LTD connects with qualified M&A advisors through the Axial Platform.
Looking for Buyers?
Reach this investor and hundreds more on Axial. No cost to advisors.