Altrad

Montpellier, France Founded: 1985 • Age: 41 yrs Acquired By Adyard AbuDhabi
Industrial services and equipment manufacturing are provided for various sectors.
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About Altrad

Altrad is a company based in Montpellier (France) founded in 1985 was acquired by Adyard AbuDhabi in April 2020.. Altrad has raised $105.39 million across 2 funding rounds from investors including Tikehau Capital, Arkea Capital and BNP Paribas Developpement. Altrad has completed 13 acquisitions, including Beaver 84, Cape PLC and Doosan Babcock. Altrad offers products and services including Industrial Services and Equipment.

  • Headquarter Montpellier, France
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Altrad Group
Operational Areas
Industrial Goods & Manufacturing → Industrial Equipment & Machinery
Key Metrics
  • Annual Revenue
    $32.79 M (USD)
    -99
    as on Aug 31, 2024
  • Net Profit
    $454.92 M (USD)
    410
    as on Aug 31, 2024
  • EBITDA
    $476.22 M (USD)
    45
    as on Aug 31, 2024
  • Total Equity Funding
    $105.39 M (USD)

    in 2 rounds

  • Latest Funding Round
    $105.39 M (USD), Unspecified

    Mar 17, 2015

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Beaver 84

    & 12 more

  • Acquired by
    Adyard AbuDhabi

    (Apr 01, 2020)

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Products & Services of Altrad

Altrad offers a comprehensive portfolio of products and services, including Industrial Services and Equipment. 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.

Primary

Services are offered for maintenance and inspection of industrial assets in sectors like oil and gas and renewable energy

Products are supplied for the building industry, including scaffolding and street furniture

People of Altrad
Headcount 10000+
Employee Profiles 43
Employee Profiles
People
Ran Oren
Group CEO
People
Simon Cano
Contrôleur Financier
People
Jan Vanderstraeten
Group CEO
People
Antoine Martinez
Head Of Group Communications

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Funding Insights of Altrad

Altrad has successfully raised a total of $105.39M across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $105.39 million completed in March 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Unspecified — $105.4M
  • First Round
  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2015 Amount Unspecified - Altrad Valuation

investors

Nov, 2013 Amount Private Equity Round - Altrad Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Altrad

Altrad has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Tikehau Capital, Arkea Capital and BNP Paribas Developpement. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Venture capital is provided to French companies by the firm.
Founded Year Domain Location
Debt and equity investments are managed by the private fund.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Altrad

Altrad has strategically engaged in corporate development activities, having acquired 13 companies. Notable acquisitions include Beaver 84, Cape PLC and Doosan Babcock. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of installation and rental services for scaffolding and temporary structures
2022
Building construction services are provided across the United Kingdom.
1984
Provider of engineering, inspection, and maintenance services for energy and industrial sectors
1975
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Altrad

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Altrad Comparisons

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Competitors of Altrad

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Altrad

Frequently Asked Questions about Altrad

When was Altrad founded?

Altrad was founded in 1985 and raised its 1st funding round 28 years after it was founded.

Where is Altrad located?

Altrad is headquartered in Montpellier, France. It is registered at Montpellier, Occitanie, France.

Is Altrad a funded company?

Altrad is a funded company, having raised a total of $105.39M across 2 funding rounds to date.

What is the annual revenue of Altrad?

Annual revenue of Altrad is $32.79M as on Aug 31, 2024.

What does Altrad do?

Provider of industrial services and equipment manufacturing. It offers maintenance engineering, inspection, access solutions, insulation, surface treatment, passive fire protection, and mechanical works. The company also manufactures and supplies scaffolding systems, building and construction products, and street furniture. Its services cater to various sectors including oil and gas, nuclear power generation, and the process industry. The equipment manufacturing arm focuses on products for the building industry and public authorities. After-sales service is also provided.

What products or services does Altrad offer?

Altrad offers Industrial Services and Equipment.

How many acquisitions has Altrad made?

Altrad has made 13 acquisitions, including Beaver 84, Cape PLC, and Doosan Babcock.

Who are Altrad's investors?

Altrad has 4 investors. Key investors include Tikehau Capital, Arkea Capital, BNP Paribas Developpement, and Adyard.

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