About Colorcon
Colorcon is a company based in Harleysville (United States) founded in 1961 was acquired by Berwind in June 1978.. The company has 241 employees as of April 08, 2024. Colorcon has completed 2 acquisitions, including Airnov Healthcare Packaging and Ideal Cures. Colorcon offers products and services including Opadry Coating Systems, Starch 1500, and Desiccant Packets. Colorcon operates in a competitive market with competitors including Pfanstiehl, SPI Pharma, Scope Ingredients, DFE Pharma and Crest Cellulose, among others.
- Headquarter Harleysville, United States
- Employees 241 as on 08 Apr, 2024
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Colorcon Asia Private Limited
- Date of Incorporation 22 Apr, 1994
- Jurisdiction Goa, Goa, India
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Annual Revenue
$169.87 M (USD)28.76as on Mar 31, 2023
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Net Profit
$40.42 M (USD)29.3as on Mar 31, 2023
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EBITDA
$56.33 M (USD)29.29as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
241
as on Apr 08, 2024
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Investments & Acquisitions
Airnov Healthcare Packaging
& 1 more
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Acquired by
Berwind
(Jun 01, 1978)
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Products & Services of Colorcon
Colorcon offers a comprehensive portfolio of products and services, including Opadry Coating Systems, Starch 1500, and Desiccant Packets. 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.
Provides protective coatings for pharmaceutical tablets to enhance stability.
Acts as a binder and filler in solid oral dosage forms for drug formulation.
Controls moisture to maintain medication integrity during storage.
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Software Development Team
55 people
Sales and Marketing
21 people
Finance and Accounting
17 people
Human Resources and Administration
13 people
Product Management Team
12 people
Leadership Team
9 people
Operations Team
6 people
Senior Team
5 people
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Funding Insights of Colorcon
| 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 Colorcon
Colorcon has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Berwind. 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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Berwind is operated as a family-owned investment management company.
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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 Colorcon
Colorcon has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Airnov Healthcare Packaging and Ideal Cures. 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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Manufacturer of pharmaceutical excipients and coatings systems for solid oral dosage forms
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1999 | ||||
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Healthcare packaging is manufactured for pharmaceutical and drug applications.
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1952 |
| 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 - Colorcon
| 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 |
Colorcon Comparisons
Competitors of Colorcon
Colorcon 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 Pfanstiehl, SPI Pharma, Scope Ingredients, DFE Pharma and Crest Cellulose, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
APIs, injectable excipients, and bioprocessing solutions are manufactured.
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| domain | founded_year | HQ Location |
Excipient products and formulations are manufactured for pharmaceutical uses.
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| domain | founded_year | HQ Location |
Formulations, warehousing, and logistics services for pharmaceuticals are provided.
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| domain | founded_year | HQ Location |
Developer and manufacturer of excipients for oral solid dosage forms and dry powder inhalations
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| domain | founded_year | HQ Location |
Pharmaceutical excipients and food ingredients are developed and manufactured.
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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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Latest news on Colorcon
Frequently Asked Questions about Colorcon
When was Colorcon founded?
Colorcon was founded in 1961.
Where is Colorcon located?
Colorcon is headquartered in Harleysville, United States. It is registered at Harleysville, Pennsylvania, United States.
Who is the current CEO of Colorcon?
Martti Hedman is the current CEO of Colorcon.
How many employees does Colorcon have?
As of Apr 08, 2024, the latest employee count at Colorcon is 241.
What is the annual revenue of Colorcon?
Annual revenue of Colorcon is $169.87M as on Mar 31, 2023.
What does Colorcon do?
Colorcon was founded in 1961 and is headquartered in Harleysville, United States. Specialty excipients for pharmaceutical applications are developed and supplied by the company. Operations include the management of a corporate-backed venture capital fund, through which investments are directed toward healthcare startups. Focus is placed on excipient technologies and early-stage healthcare innovations across the United States.
Who are the top competitors of Colorcon?
Colorcon's top competitors include DFE Pharma, Crest Cellulose and Scope Ingredients.
What products or services does Colorcon offer?
Colorcon offers Opadry Coating Systems, Starch 1500, and Desiccant Packets.
How many acquisitions has Colorcon made?
Colorcon has made 2 acquisitions, including Airnov Healthcare Packaging, and Ideal Cures.
Who are Colorcon's investors?
Colorcon has 1 investor. Key investors include Berwind.