ConvaTec Group

Reading, United Kingdom Founded: 1978 • Age: 48 yrs
Devices for chronic disease management are manufactured and supplied.
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About ConvaTec Group

ConvaTec Group is a company based in Reading (United Kingdom) founded in 1978.. The company has 10,490 employees as of December 31, 2024. ConvaTec Group has completed 4 acquisitions, including Eurotec, Jandrmedical and Triad Life Sciences. ConvaTec Group operates in a competitive market with competitors including Molnlycke Health Care, ConvaTec, Coloplast, VulCur Medtech and Rubitection, among others.

  • Headquarter Reading, United Kingdom
  • Employees 10490 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Convatec Group Plc
Operational Areas
Healthcare → Medical Devices & Diagnostics
Healthcare → Medical Devices & Diagnostics
Key Metrics
  • Annual Revenue
    $2.24 B (USD)
    3.95
    as on Dec 31, 2024
  • Net Profit
    $186.79 M (USD)
    42.22
    as on Dec 31, 2024
  • EBITDA
    $549.48 M (USD)
    8.88
    as on Dec 31, 2024
  • Latest Funding Round
  • Investors
  • Employee Count
    10490

    as on Dec 31, 2024

  • Investments & Acquisitions
    Eurotec

    & 3 more

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IPO & Listings of ConvaTec Group

ConvaTec Group is a publicly listed company on the LSE with ticker symbol CTEC in UK, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: LSE · Ticker: CTEC . Sector: Health technology · UK
People of ConvaTec Group
Headcount 5000-10000
Employee Profiles 1
Employee Profiles
People
Karim Bitar
Chief Executive Officer

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Teams

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Funding Insights of ConvaTec Group

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2008 Amount Private Equity Round - ConvaTec Group 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 ConvaTec Group

ConvaTec Group has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Nordic Capital. 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
Investor Description Founded Year Domain Location
-
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 ConvaTec Group

ConvaTec Group has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Eurotec, Jandrmedical and Triad Life Sciences. 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
Regenerative medicine technologies for wound care and orthopedics are developed.
2017
Pouches for gastrointestinal and urological procedures are supplied by Eurotec.
1996
Direct-to-consumer distributor of health-related products
1980
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 - ConvaTec Group

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

Convatec Group Comparisons

Employees
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Competitors of ConvaTec Group

ConvaTec Group 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 Molnlycke Health Care, ConvaTec, Coloplast, VulCur Medtech and Rubitection, 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
Developer of wound care and surgical procedure solutions
domain founded_year HQ Location
Portfolio of wound care, ostomy care, stomacare, fecal management
domain founded_year HQ Location
Medical devices for ostomy, urology, and wound care are manufactured.
domain founded_year HQ Location
Developer of a device for the treatment of chronic wounds
domain founded_year HQ Location
An assessment system for early bedsore detection is provided.
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 Convatec Group

Frequently Asked Questions about ConvaTec Group

When was ConvaTec Group founded?

ConvaTec Group was founded in 1978 and raised its 1st funding round 30 years after it was founded.

Where is ConvaTec Group located?

ConvaTec Group is headquartered in Reading, United Kingdom.

How many employees does ConvaTec Group have?

As of Dec 31, 2024, the latest employee count at ConvaTec Group is 10,490.

What is the annual revenue of ConvaTec Group?

Annual revenue of ConvaTec Group is $2.24B as on Dec 31, 2024.

What does ConvaTec Group do?

ConvaTec Group was established in 1978 and is based in Reading, United Kingdom. Operations center on the medical devices sector, where therapy products for chronic conditions are developed and distributed. Key areas addressed include wound care, ostomy care, continence care, and infusion care. Specific offerings encompass Aquacel dressings for wounds and the Esteem one-piece drainable pouch system.

Who are the top competitors of ConvaTec Group?

ConvaTec Group's top competitors include Coloplast, Molnlycke Health Care and ConvaTec.

Is ConvaTec Group publicly traded?

Yes, ConvaTec Group is publicly traded on LSE under the ticker symbol CTEC.

How many acquisitions has ConvaTec Group made?

ConvaTec Group has made 4 acquisitions, including Eurotec, Jandrmedical, and Triad Life Sciences.

Who are ConvaTec Group's investors?

ConvaTec Group has 1 investor. Key investors include Nordic Capital.

What is ConvaTec Group's ticker symbol?

The ticker symbol of ConvaTec Group is CTEC on LSE.

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