About Dana
Dana is a company based in Maumee (United States) founded in 1904 by Hugo Reinz, Joseph Victor, and J B Long was acquired by Apogee Global in February 2024.. The company has 39,600 employees as of December 31, 2024. Dana has completed 6 acquisitions, including Magnum Gaskets, Nordersa and Nordresa. Dana offers products and services including Drivetrain Systems, Electrified Propulsion, and Sealing Solutions. Dana operates in a competitive market with competitors including Linamar, Happy Forgings, Gates, Kinetic Engineering and Ricardo, among others.
- Headquarter Maumee, United States
- Employees 39600 as on 31 Dec, 2024
- Founders Hugo Reinz, Joseph Victor, J B Long
- Stage Public
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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
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- Legal Name Dana Incorporated
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Annual Revenue
$10.28 B-2.57as on Dec 31, 2024
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Net Profit
$-57 M-250as on Dec 31, 2024
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EBITDA
$754 M4.72as on Dec 31, 2024
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Latest Funding Round
$261.14 K (USD), Grant
Sep 01, 2022
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Investors
European Union
& 3 more
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Employee Count
39600
as on Dec 31, 2024
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Investments & Acquisitions
Magnum Gaskets
& 5 more
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Acquired by
Apogee Global
(Feb 22, 2024)
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IPO & Listings of Dana
Dana is a publicly listed company on the NYSE with ticker symbol DAN in USA, operating in the Producer manufacturing 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.
Products & Services of Dana
Dana offers a comprehensive portfolio of products and services, including Drivetrain Systems, Electrified Propulsion, and Sealing Solutions. 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.
Integrated systems for vehicle power and motion control
Solutions for electric and hybrid vehicle drivetrains
Thermal and sealing products for automotive applications
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Software Development Team
115 people
Human Resources and Administration
58 people
Leadership Team
30 people
Plant Team
30 people
Senior Team
27 people
Finance and Accounting
20 people
Operations Team
15 people
Product Management Team
15 people
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Funding Insights of Dana
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $261,138
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2022 | Amount | Grant - Dana | Valuation |
investors |
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| Sep, 2019 | Amount | Debt – Conventional - Dana | Valuation |
investors |
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| Oct, 2016 | Amount | Grant - Dana | Valuation |
investors |
| 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 Dana
Dana has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, IFU and Apogee Global. 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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Private equity investment firm
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Offers coaching programs for career development, leadership training, and team performance enhancement.
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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 Dana
Dana has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Magnum Gaskets, Nordersa and Nordresa. 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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Electric drivetrains for commercial vehicles are manufactured by Nordresa.
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2015 | ||||
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Gaskets, cylinder heads, and oils for vehicles are supplied.
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2012 | ||||
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Electric drivetrains and power electronics are manufactured for hybrid vehicles.
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1998 |
| 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 - Dana
| 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 |
Dana Comparisons
Competitors of Dana
Dana 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 Linamar, Happy Forgings, Gates, Kinetic Engineering and Ricardo, 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 |
Motor vehicle and agricultural parts are manufactured and supplied.
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| domain | founded_year | HQ Location |
Drive transmission components are manufactured and supplied.
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| domain | founded_year | HQ Location |
Transmission components are manufactured and supplied to the aftermarket.
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| domain | founded_year | HQ Location |
Gears, shafts, transmission assemblies, and auto components are manufactured.
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| domain | founded_year | HQ Location |
Drive transmission components are manufactured and supplied to OEMs.
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| 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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Latest news on Dana
Frequently Asked Questions about Dana
When was Dana founded?
Dana was founded in 1904 and raised its 1st funding round 112 years after it was founded.
Where is Dana located?
Dana is headquartered in Maumee, United States. It is registered at Maumee, Ohio, United States.
How many employees does Dana have?
As of Dec 31, 2024, the latest employee count at Dana is 39,600.
What is the annual revenue of Dana?
Annual revenue of Dana is $10.28B as on Dec 31, 2024.
What does Dana do?
Dana manufactures driveline products, power technologies and service parts for light and heavy manufacturers. Some of Danas latest acquisitions include Commercial Vehicle Business Division, Axels India, Glacier Vandervell Bearings Group and AE Clevite North American non-bearing aftermarket engine hard parts business. Its product offerings include components for passenger cars, crossovers, SUVs, vans, tractors, earthmovers, mining trucks, electric vehicles, and light trucks. It has received Superior Award for achievement in Value Analysis from Toyota Motor North America, Inc. In 2022, the company recorded annual revenues of 10.15B and a net loss of 0.24B.
Who are the top competitors of Dana?
Dana's top competitors include Happy Forgings, Linamar and Gates.
What products or services does Dana offer?
Dana offers Drivetrain Systems, Electrified Propulsion, and Sealing Solutions.
Is Dana publicly traded?
Yes, Dana is publicly traded on NYSE under the ticker symbol DAN.
How many acquisitions has Dana made?
Dana has made 6 acquisitions, including Magnum Gaskets, Nordersa, and Nordresa.
Who are Dana's investors?
Dana has 4 investors. Key investors include European Union, IFU, Apogee Global, and EiM Capital.
What is Dana's ticker symbol?
The ticker symbol of Dana is DAN on NYSE.
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