ConvaTec Group

Reading, United Kingdom Founded: 1978 • Age: 48 yrs
Devices for chronic disease management are manufactured and supplied.
Annual revenue $2.2B Latest available
Total funding - 1 rounds
Employees 10490 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

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
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Convatec Group Plc
Operational Areas
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
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
    Not available
  • 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

Investors in ConvaTec Group

ConvaTec Group has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Nordic Capital.

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Venture Fund
Investor Description Founded Year Domain Location
-
Locked Locked Locked
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Investor details for ConvaTec Group

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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.

Investments
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Investment portfolio details for ConvaTec Group

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Regenerative medicine technologies for wound care and orthopedics are developed.
Locked Locked 2017 Locked
Pouches for gastrointestinal and urological procedures are supplied by Eurotec.
Locked Locked 1996 Locked
Direct-to-consumer distributor of health-related products
Locked Locked 1980 Locked
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Complete acquisition details for ConvaTec Group

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Financial Statements - ConvaTec Group

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Detailed financials for ConvaTec Group

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Convatec Group Comparisons

ConvaTec Group Primary company
Description
Devices for chronic disease management are manufactured and ...
Location
Reading, United Kingdom
Founded Year
1978
Annual Revenue
$2.24 B (USD)
Net Profit
$186.79 M (USD)
EBITDA
$549.48 M (USD)
Employees
10,490
As of 2024
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Peer comparison for ConvaTec Group

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Developer of wound care and surgical procedure solutions
Locked Locked Locked
Portfolio of wound care, ostomy care, stomacare, fecal management
Locked Locked Locked
Medical devices for ostomy, urology, and wound care are manufactured.
Locked Locked Locked
Developer of a device for the treatment of chronic wounds
Locked Locked Locked
An assessment system for early bedsore detection is provided.
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Detailed competitors of ConvaTec Group

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Latest news on Convatec Group

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Complete news archive for ConvaTec Group

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Frequently Asked Questions about ConvaTec Group

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

ConvaTec Group is headquartered in Reading, United Kingdom.

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

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

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.

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

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

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

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

The ticker symbol of ConvaTec Group is CTEC on LSE.

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