Armacell

Luxembourg, Luxembourg Founded: 2000 • Age: 26 yrs Acquired By PAI Partners
Flexible insulation foams are manufactured for equipment insulation markets.

About Armacell

Armacell is a company based in Luxembourg (Luxembourg) founded in 2000 was acquired by PAI Partners in December 2019.. Armacell has completed 7 acquisitions, including Austroflex, Guarto and IZOLIR.

  • Headquarter Luxembourg, Luxembourg
  • Sectors
    Energy & Utilities
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Energy Storage & Efficiency
Industrial Goods & Manufacturing → Oil, Gas & Energy Equipment
Key Metrics
  • Annual Revenue
  • Net Profit
    $6.67 K (USD)
    -22
    as on Dec 31, 2022
  • EBITDA
  • Latest Funding Round
    $154.54 K (USD), Grant

    Jan 06, 2017

  • Investors
    Blackstone

    & 5 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Austroflex

    & 6 more

  • Acquired by
    PAI Partners

    & 3 more

    (Dec 04, 2019)

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal
People of Armacell
Headcount 1000-5000
Employee Profiles 70
Employee Profiles
People
Anupama Nair
Human Resources And Administration Manager- Middle East And Africa
People
Vinny Corrao
Sales And Market Manager - Northeast
People
Christof Heimlich
Manager Human Resources Europe Central
People
Andrew Holmes.
General Manager UK & Ireland

Unlock access to complete

Funding Insights of Armacell

  • Total Funding
  • Total Rounds 1
  • Last Round Grant — $154,540
  • First Round

    (06 Jan 2017)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2017 Amount Grant - Armacell 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 Armacell

Armacell has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Blackstone, European Union and PAI Partners. 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
Institutional
Investor Description Founded Year Domain Location
Private equity investments in market-leading companies across global sectors.
Founded Year Domain Location
Diversified investment management is provided across multiple asset classes.
Founded Year Domain Location
Private equity, real estate, and credit investments are managed globally.
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 Armacell

Armacell has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Austroflex, Guarto and IZOLIR. 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
Card personalization and packaging services are provided by Polipex.
2004
Adhesives, tapes, coatings, and related materials are manufactured and distributed.
2000
Pipe shields and saddles are supplied for industrial piping protection.
1998
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 - Armacell

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

Armacell Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of Armacell

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 Armacell

Frequently Asked Questions about Armacell

When was Armacell founded?

Armacell was founded in 2000 and raised its 1st funding round 17 years after it was founded.

Where is Armacell located?

Armacell is headquartered in Luxembourg, Luxembourg.

What does Armacell do?

Armacell was established in 2000 and is headquartered in Luxembourg. Operations center on the production of flexible insulation foams within the industrial materials sector. Two primary divisions are maintained: Advanced Insulation, where foam products are created for insulating mechanical equipment in energy distribution areas like refrigeration, and Engineered Foams. Net sales reached EUR 540.2 million in 2015, reflecting activity across global markets.

How many acquisitions has Armacell made?

Armacell has made 7 acquisitions, including Austroflex, Guarto, and IZOLIR.

Who are Armacell's investors?

Armacell has 6 investors. Key investors include Blackstone, European Union, PAI Partners, Investcorp, and Charterhouse Capital Partners.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available