About Berkel
Berkel is a company based in Louisville (United States) founded in 1898 was acquired by Illinois Tool Works in September 2007. It operates as a Reseller / Distribution. Berkel offers products and services including Berkel Slicers and Vacuum Packaging. Berkel operates in a competitive market with competitors including TOSEI, SEALPAC, ENGI TECHNOLOGIES, Shandong Xiaokang Machinery and Rollstock, among others.
- Headquarter Louisville, United States
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
- Legal Name Itw Food Equipment Group Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Illinois Tool Works
(Sep 28, 2007)
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Products & Services of Berkel
Berkel offers a comprehensive portfolio of products and services, including Berkel Slicers and Vacuum Packaging. 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.
Slicers are provided for precise meat cutting solutions.
Vacuum packaging solutions are offered for food preservation.
Funding Insights of Berkel
| 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 |
Investors in Berkel
Berkel has secured backing from 1 investor. Prominent investors backing the company include Illinois Tool Works. 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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Major auto components are manufactured and supplied to OEMs.
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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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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Berkel
| 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 - Berkel
| 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 |
Berkel Comparisons
Competitors of Berkel
Berkel operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TOSEI, SEALPAC, ENGI TECHNOLOGIES, Shandong Xiaokang Machinery and Rollstock, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Industrial cleaning and packaging equipment is manufactured by TOSEI.
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Produces high-quality dual-compartment vacuum packaging systems.
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Designs and produces machines for rice cakes, snacks, and food processing lines.
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| domain | founded_year | HQ Location |
Produces vacuum packaging machines for food processing, preservation, and non-food applications.
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| domain | founded_year | HQ Location |
Rollstock designs and builds packaging machines for industrial applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Berkel
When was Berkel founded?
Berkel was founded in 1898.
Where is Berkel located?
Berkel is headquartered in Louisville, United States. It is registered at Louisville, Kentucky, United States.
What does Berkel do?
Berkel is engaged in the production of food equipment, specializing in slicers and vacuum packaging solutions. The company operates within the food service industry, offering sturdy and affordable kitchen tools. Products are designed to meet the needs of butcher shops and other food-related businesses, ensuring precision and reliability. A legacy of innovation is maintained since its founding in 1898.
Who are the top competitors of Berkel?
Berkel's top competitors include TOSEI, SEALPAC and ENGI TECHNOLOGIES.
What products or services does Berkel offer?
Berkel offers Berkel Slicers and Vacuum Packaging.
Who are Berkel's investors?
Berkel has 1 investor. Key investors include Illinois Tool Works.