About Adico
Adico is a company based in Avanca (Portugal) founded in 1920. It operates as a B2C, and D2C. Adico has completed 1 acquisition, including JMS Adico Care. Adico offers products and services including Chair, Table, Sofa, Desk, and Stool. Adico operates in a competitive market with competitors including La-Z-Boy, Knoll, Laura Ashley, Europalco and Temahome, among others.
- Headquarter Avanca, Portugal
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Sectors
Industrial Goods & Manufacturing
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Website
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Annual Revenue
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- Investments & Acquisitions
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Products & Services of Adico
Adico offers a comprehensive portfolio of products and services, including Chair, Table, Sofa, Desk, and Stool. 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.
Provides ergonomic seating for homes and offices.
Offers sturdy surfaces for daily use and workspaces.
Delivers comfortable lounging options with durable materials.
Supports work and study with functional design elements.
Serves as versatile seating for various settings.
Provides storage solutions with a focus on organization.
Facilitates hanging storage for coats and accessories.
Funding Insights of Adico
| 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 |
Investments & Acquisitions by Adico
Adico has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include JMS Adico Care. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Physiotherapy equipment and hospital furniture are supplied by JMS.
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1991 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Adico
| 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 |
Adico Comparisons
Competitors of Adico
Adico 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 La-Z-Boy, Knoll, Laura Ashley, Europalco and Temahome, 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 |
Home furniture is manufactured and retailed by La-Z-Boy.
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| domain | founded_year | HQ Location |
Modern furniture for homes and offices is designed and manufactured.
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| domain | founded_year | HQ Location |
Home goods are retailed online and through international stores.
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| domain | founded_year | HQ Location |
Multi-category furniture and home decor are provided by Europalco.
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| domain | founded_year | HQ Location |
Home furniture is provided by TemaHome in multiple room categories.
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| domain | founded_year | HQ Location |
Produces high-quality laminates, compacts, and finishes for architecture and design.
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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 Adico
When was Adico founded?
Adico was founded in 1920.
Where is Adico located?
Adico is headquartered in Avanca, Portugal.
What does Adico do?
Adico is a historic metal furniture manufacturer based in Portugal, specializing in products like chairs, tables, and stools that emphasize ergonomics, comfort, and sustainability. The company operates an online shop for direct sales, collaborates on design projects, and has a legacy dating back to 1920. It engages in innovation through design labs and partnerships, serving global consumers with high-quality home furnishings while maintaining a focus on durability and environmental responsibility.
Who are the top competitors of Adico?
Adico's top competitors include La-Z-Boy, Knoll and Laura Ashley.
What products or services does Adico offer?
Adico offers Chair, Table, Sofa, Desk, and 3 more products and services.
How many acquisitions has Adico made?
Adico has made 1 acquisition, including JMS Adico Care.