Covit

Torello, Spain Founded: 1977 • Age: 49 yrs Acquired By Albéa Group
Packaging products are supplied by Covit to industrial clients.
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About Covit

Covit was established in 1977 in Torello, Spain, as a provider in the packaging sector. Operations are centered on the production and distribution of packaging materials for various industries. Services include customization of products to meet specific client needs, with a focus on reliability and efficiency. The company maintains its headquarters in Spain, supporting regional and international markets through its domain, covit.com.

  • Headquarter Torello, Spain
  • Phone
    *********
  • Website
    *********
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Albéa Group

    & 1 more

    (Feb 28, 2018)

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Funding Insights of Covit

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

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Investors in Covit

Covit has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Albéa Group and PHI Industrial. 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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Founded Year Domain Location
Cosmetic and personal care packaging solutions are manufactured worldwide.
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 Covit

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

Financial Statements - Covit

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

Covit Comparisons

Employees
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Competitors of Covit

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 Covit

Frequently Asked Questions about Covit

When was Covit founded?

Covit was founded in 1977.

Where is Covit located?

Covit is headquartered in Torello, Spain. It is registered at Torello, Cataluna, Spain.

What does Covit do?

Covit was established in 1977 in Torello, Spain, as a provider in the packaging sector. Operations are centered on the production and distribution of packaging materials for various industries. Services include customization of products to meet specific client needs, with a focus on reliability and efficiency. The company maintains its headquarters in Spain, supporting regional and international markets through its domain, covit.com.

Who are Covit's investors?

Covit has 2 investors. Key investors include Albéa Group, and PHI Industrial.

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