About Aak Safety
Aak Safety is a company based in Andalsnes (Norway) founded in 1987 was acquired by Bergman & Beving in December 2016.. The company has 26 employees as of December 31, 2023. Aak Safety offers products and services including Grillon Support Strap, Smartline X Set, SAR Pole Sling, and Cresto Sling 25. Aak Safety operates in a competitive market with competitors including Sandbäckens, ORR Safety, Scott Group, Breathe Safety and TFS, among others.
- Headquarter Andalsnes, Norway
- Employees 26 as on 31 Dec, 2023
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
$11.75 M (USD)35as on Mar 31, 2022
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Net Profit
$1.15 M (USD)118as on Mar 31, 2022
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EBITDA
$1.47 M (USD)117as on Mar 31, 2022
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Latest Funding Round
- Investors
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Employee Count
26
as on Dec 31, 2023
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Acquired by
Bergman & Beving
(Dec 22, 2016)
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Products & Services of Aak Safety
Aak Safety offers a comprehensive portfolio of products and services, including Grillon Support Strap, Smartline X Set, SAR Pole Sling, and Cresto Sling 25. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Adjustable strap for work positioning and fall arrest systems.
Kit for pole and mast work, including evacuation tools.
Device to secure workers on poles and prevent slipping.
Anchoring loop for secure attachment in high-risk areas.
Funding Insights of Aak Safety
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Aak Safety
Aak Safety has secured backing from 1 investor. Prominent investors backing the company include Bergman & Beving. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Construction tools, consumables, building materials, and safety products are supplied.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Aak Safety
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Aak Safety
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aak Safety Comparisons
Competitors of Aak Safety
Aak Safety operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sandbäckens, ORR Safety, Scott Group, Breathe Safety and TFS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Industrial safety products are supplied to various sectors by Sandbäckens.
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| domain | founded_year | HQ Location |
Industrial safety tools and equipment are distributed online.
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| domain | founded_year | HQ Location |
Pallets, timber packaging, agricultural boxes, tools, and workwear are manufactured.
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| domain | founded_year | HQ Location |
Provides safety training, equipment, and consultancy for confined spaces.
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| domain | founded_year | HQ Location |
Cloud-based systems for industrial pressure control are supplied by TFS.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Aak Safety
When was Aak Safety founded?
Aak Safety was founded in 1987.
Where is Aak Safety located?
Aak Safety is headquartered in Andalsnes, Norway. It is registered at Andalsnes, Møre And Romsdal, Norway.
How many employees does Aak Safety have?
As of Dec 31, 2023, the latest employee count at Aak Safety is 26.
What is the annual revenue of Aak Safety?
Annual revenue of Aak Safety is $11.75M as on Mar 31, 2022.
What does Aak Safety do?
Aak Safety was established in 1987 in Andalsnes, Norway. Operations are centered on the industrial safety sector, where equipment is distributed via an online retail platform. Services encompass the supply of protective gear and related products to businesses and professionals. The domain aaksafety.no facilitates these transactions, with a focus on the Norwegian market and broader European reach. Inventory management and customer support are handled remotely from the headquarters.
Who are the top competitors of Aak Safety?
Aak Safety's top competitors include Sandbäckens, Rectitude and Scott Group.
What products or services does Aak Safety offer?
Aak Safety offers Grillon Support Strap, Smartline X Set, SAR Pole Sling, and Cresto Sling 25.
Who are Aak Safety's investors?
Aak Safety has 1 investor. Key investors include Bergman & Beving.