Andercol

Medellin, Colombia Founded: 1965 • Age: 61 yrs Acquired By Akzo Nobel
Produces high-quality raw materials and solutions for various industries worldwide.
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About Andercol

Andercol is a company based in Medellin (Colombia) founded in 1965 was acquired by Akzo Nobel in June 2021. It operates as a B2B. Andercol offers products and services including TEXILAN® ECOLINE® AS 2553 CNT and CRISTALAN®.

  • Headquarter Medellin, Colombia
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Industrial Goods & Manufacturing → Industrial Materials & Resources
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Akzo Nobel

    (Jun 29, 2021)

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Products & Services of Andercol

Andercol offers a comprehensive portfolio of products and services, including TEXILAN® ECOLINE® AS 2553 CNT and CRISTALAN®. 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

Sustainable solution for construction and material science applications

Product for naval construction and recycled plastic benefits

Funding Insights of Andercol

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 Andercol

Andercol has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Akzo Nobel. 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
Institutional
Investor Description Founded Year Domain Location
Manufacturer & supplier of decorative paints, metal, wood, powder, and other coatings
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 Andercol

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

Financial Statements - Andercol

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

Andercol Comparisons

Employees
+
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Competitors of Andercol

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 Andercol

Frequently Asked Questions about Andercol

When was Andercol founded?

Andercol was founded in 1965.

Where is Andercol located?

Andercol is headquartered in Medellin, Colombia. It is registered at Medellin, Antioquia, Colombia.

What does Andercol do?

Andercol, a company under Grupo AkzoNobel, specializes in producing raw materials in Colombia and Ecuador. With 56 years of experience, it develops innovative solutions for better habitats and emphasizes sustainability through economic circular practices. The company exports to over 29 countries and serves clients in multiple sectors with high-quality products, focusing on technical-commercial support.

What products or services does Andercol offer?

Andercol offers TEXILAN® ECOLINE® AS 2553 CNT and CRISTALAN®.

Who are Andercol's investors?

Andercol has 1 investor. Key investors include Akzo Nobel.

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