Daramic

Charlotte, United States Founded: 1930 • Age: 96 yrs Acquired By Kingswood Capital
Lead-acid battery separators are manufactured and supplied for various applications.
Annual revenue $42.6M Latest available
Total funding - 1 rounds
Employees 300 Tracked headcount
Investors 2 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About Daramic

Daramic is a company based in Charlotte (United States) founded in 1930 was acquired by Kingswood Capital in December 2025. The company has 300 employees as of March 27, 2024. Daramic offers products and services including Daramic® HD Plus™, Motive Power Separators, Deep Cycle Separators, and Stationary Separators. Daramic operates in a competitive market with competitors including Livguard, Exide, LG Chem, East Penn Manufacturing Co and Amara Raja Group, among others.

  • Headquarter Charlotte, United States
  • Employees 300 as on 27 Mar, 2024
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Daramic Battery Separator India Private Limited
  • Date of Incorporation 29 Feb, 2008
  • Jurisdiction Bengaluru, Karnataka, India
Operational Areas
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $42.59 M (USD)
    28.46
    as on Mar 31, 2023
  • Net Profit
    $1.54 M (USD)
    9.16
    as on Mar 31, 2023
  • EBITDA
    $10.33 M (USD)
    6.3
    as on Mar 31, 2023
  • Latest Funding Round
    $169.11 K (USD), Grant

    Jun 01, 2015

  • Investors
  • Employee Count
    300

    as on Mar 27, 2024

  • Acquired by
    Kingswood Capital

    (Dec 02, 2025)

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Products & Services of Daramic

Daramic offers a comprehensive portfolio of products and services, including Daramic® HD Plus™, Motive Power Separators, Deep Cycle Separators, and Stationary Separators.

Product name locked
Category locked
Primary

Advanced separator for automotive and lead acid batteries

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Separators designed for motive power battery applications

Product name locked
Category locked
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Products for deep cycle battery performance and durability

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Separators for stationary and specialty battery uses

People of Daramic

Headcount 1000-5000
Employee Profiles 35
Employee Profiles
People
Raghavsinh Solanki
Production Shift Engineer
People
Eric Miller
Senior Director Of Technology
People
Naveen Prabhu Shanmugam
Application And Customer Engineering Manager
People
Ba Myra Stilwell
Human Resources Manager

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Funding Insights of Daramic

Investors in Daramic

Daramic has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and Kingswood Capital.

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Venture Fund
Institutional
Investor Description 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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Investor details for Daramic

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  • Investor locations
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Investments & Acquisitions by Daramic

Investments
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Investment portfolio details for Daramic

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Financial Statements - Daramic

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Detailed financials for Daramic

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Daramic Comparisons

Daramic Primary company
Description
Lead-acid battery separators are manufactured and supplied f...
Location
Charlotte, United States
Founded Year
1930
Annual Revenue
$42.59 M (USD)
Net Profit
$1.54 M (USD)
EBITDA
$10.33 M (USD)
Employees
300
As of 2024
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Peer comparison for Daramic

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Competitors of Daramic

Daramic 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 Livguard, Exide, LG Chem, East Penn Manufacturing Co. and Amara Raja Group, among others.

Company Name Domain Founded year HQ Location Description
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Automotive batteries and solar products are manufactured by Livguard.
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Automotive power storage systems are manufactured and supplied worldwide.
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Manufacturer and supplier of automotive battery to OEMs
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Batteries and wiring products are manufactured for vehicles and industries.
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Batteries and automotive components are manufactured by Amara Raja Group.
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Forklift batteries are manufactured by UGOWORK for industrial applications.
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Detailed competitors of Daramic

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Latest news on Daramic

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Complete news archive for Daramic

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Frequently Asked Questions about Daramic

Daramic was founded in 1930 and raised its 1st funding round 85 years after it was founded.

Daramic is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.

Bryan Moorehead is the current CEO of Daramic.

As of Mar 27, 2024, the latest employee count at Daramic is 300.

Annual revenue of Daramic is $42.59M as on Mar 31, 2023.

Daramic was established in 1930 and is based in Charlotte, United States. Separators for lead-acid batteries are produced by the company, targeting sectors such as automotive, motive power, deep cycle, and stationaryspecialty uses. Key products include Daramic HP, DuraLife, Daramic XP, and Daramic EFS separators, which support battery performance in industrial and transportation contexts. Operations focus on material innovation for battery efficiency.

Daramic's top competitors include Amara Raja Group, LG Chem and Livguard.

Daramic offers Daramic® HD Plus™, Motive Power Separators, Deep Cycle Separators, and Stationary Separators.

Daramic has 2 investors. Key investors include European Union, and Kingswood Capital.

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