About Afrox
Afrox is a company based in Alberton (South Africa) founded in 1927 was acquired by Linde in October 2020. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. Afrox offers products and services including Handigas LPG, Argoshield 5, Oxygen Technical, and Afrox Vitemax.
- Headquarter Alberton, South Africa
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
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Social
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- Legal Name Afrox
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Products & Services of Afrox
Afrox offers a comprehensive portfolio of products and services, including Handigas LPG, Argoshield 5, Oxygen Technical, and Afrox Vitemax. 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.
Liquefied petroleum gas is supplied for various applications.
Shielding gas is provided for welding protection needs.
Technical oxygen is offered for industrial usage purposes.
Welding material is supplied for industrial welding tasks.
Funding Insights of Afrox
| 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 |
Investors in Afrox
Afrox has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Linde. 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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Industrial gases and engineering services are supplied to diverse sectors.
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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 Afrox
| 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 - Afrox
| 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 |
Afrox Comparisons
Competitors of Afrox
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Afrox
When was Afrox founded?
Afrox was founded in 1927.
Where is Afrox located?
Afrox is headquartered in Alberton, South Africa. It is registered at Alberton, Gauteng, South Africa.
What does Afrox do?
Afrox is recognized as a market leader in the supply of industrial gases and welding products in South Africa since 1927. The company is involved in providing a wide range of gases such as Handigas LPG, oxygen, acetylene, and shielding gases like Argoshield. Additionally, welding consumables and equipment are offered to meet industrial needs. Solutions are developed to add value to customer applications across various sectors including healthcare, food preservation, and manufacturing. The Afrox eShop platform is utilized to facilitate online account management, reordering, and payments for enhanced customer convenience.
What products or services does Afrox offer?
Afrox offers Handigas LPG, Argoshield 5, Oxygen Technical, and Afrox Vitemax.
Who are Afrox's investors?
Afrox has 1 investor. Key investors include Linde.