About Budweg
Budweg is a company based in Odense (Denmark) founded in 1978 was acquired by BBB Industries in April 2022.. The company has 199 employees as of March 31, 2024. Budweg has completed 1 acquisition, including Inter-Turbo.
- Headquarter Odense, Denmark
- Employees 199 as on 31 Mar, 2024
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Budweg Caliper A/S
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Annual Revenue
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Net Profit
$7.56 M (USD)-21as on Dec 31, 2022
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EBITDA
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Latest Funding Round
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Investors
TERREPOWER
& 1 more
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Employee Count
199
as on Mar 31, 2024
- Investments & Acquisitions
- Acquired by
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Funding Insights of Budweg
| 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 |
Investors in Budweg
Budweg has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include TERREPOWER and Capidea. 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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Founded Year | Domain | Location | |
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TERREPOWER is engaged in sustainable manufacturing and circular economy solutions.
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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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Founded Year | Domain | Location | |
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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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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Budweg
Budweg has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Inter-Turbo. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Regeneration services for turbochargers and injection systems are provided.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Budweg
| 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 |
Budweg Comparisons
Competitors of Budweg
| 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 Budweg
When was Budweg founded?
Budweg was founded in 1978.
Where is Budweg located?
Budweg is headquartered in Odense, Denmark.
Who is the current CEO of Budweg?
Christer Mysling is the current CEO of Budweg.
How many employees does Budweg have?
As of Mar 31, 2024, the latest employee count at Budweg is 199.
What does Budweg do?
Founded in 1978 and based in Odense, Denmark, operations are centered on the automotive aftermarket sector. Brake calipers are remanufactured to align with original equipment standards, while repair kits and various caliper options are provided for a substantial share of the European car market. Technical support is extended, alongside efforts to maintain product quality and assist customers.
How many acquisitions has Budweg made?
Budweg has made 1 acquisition, including Inter-Turbo.
Who are Budweg's investors?
Budweg has 2 investors. Key investors include TERREPOWER, and Capidea.