About Arix
Arix is a company based in Viadana (Italy) founded in 1969 by Silvio Ballasini.. Arix has completed 1 acquisition, including Coronet. Arix offers products and services including Sponges and Microfiber Cloths.
- Headquarter Viadana, Italy
- Founders Silvio Ballasini
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Phone
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Website
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Social
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- Legal Name Arix S.P.A
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$67.09 M (USD), Debt – Conventional
Apr 21, 2017
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Arix
Arix offers a comprehensive portfolio of products and services, including Sponges and Microfiber Cloths. 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.
Sponges are designed for household cleaning and are often made from recycled materials to support sustainability efforts
Microfiber cloths are utilized for multi-purpose cleaning tasks, including antibacterial options that are incorporated into daily hygiene routines
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Funding Insights of Arix
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $67.1M
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First Round
First Round
(21 Apr 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2017 | Amount | Debt – Conventional - Arix | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Arix
Arix has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Coronet. 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.
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Financial Statements - Arix
| 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 |
Arix Comparisons
Competitors of Arix
| 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 Arix
When was Arix founded?
Arix was founded in 1969 and raised its 1st funding round 48 years after it was founded.
Where is Arix located?
Arix is headquartered in Viadana, Italy. It is registered at Viadana, Lombardy, Italy.
What does Arix do?
Arix was founded in 1969 in Viadana, Italy, where stainless steel and nickel alloy flanges are produced for energy markets and OEMs. Compact flanges are supplied through a maintained professional chain. The manufacturing process is certified to BS EN ISO 9001:2015 and runs 24 hours daily, with support from experts in all departments. Customer requirements are addressed via consistent service delivery.
What products or services does Arix offer?
Arix offers Sponges and Microfiber Cloths.
How many acquisitions has Arix made?
Arix has made 1 acquisition, including Coronet.