Duo Plast

Antigua And Barbuda Founded: 1983 • Age: 43 yrs Acquired By Paragon Partners
Manufacturer of stretch films packaging films for food safety
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About Duo Plast

Duo Plast is a company based in Antigua And Barbuda founded in 1983 by Norbert Jager was acquired by Paragon Partners in July 2019.. Duo Plast offers products and services including Stretch Films and Packaging Machines.

  • Headquarter Antigua And Barbuda
  • Founders Norbert Jager
  • Email
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  • Phone
    *********
  • Website
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  • Social
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  • Legal Name Duo Plast Ag
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Paragon Partners

    & 1 more

    (Jul 11, 2019)

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Products & Services of Duo Plast

Duo Plast offers a comprehensive portfolio of products and services, including Stretch Films and Packaging Machines. 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.

Primary

Stretch films are produced for secure transport and protection of goods, utilizing high-performance materials in various applications

Packaging machines are distributed and serviced for efficient wrapping and handling of products in industrial settings

Funding Insights of Duo Plast

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2013 Amount Private Equity Round - Duo Plast 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

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Investors in Duo Plast

Duo Plast has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include VR Equitypartner, SüdBG and Paragon Partners. 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
Tailored financing solutions are provided for mid-sized companies.
Founded Year Domain Location
Equity solutions are developed for mid-sized companies by SüdBG.
Founded Year Domain Location
Private equity investments are managed by a family office-backed firm.
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 Duo Plast

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 - Duo Plast

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

Duo Plast Comparisons

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Competitors of Duo Plast

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 Duo Plast

Frequently Asked Questions about Duo Plast

When was Duo Plast founded?

Duo Plast was founded in 1983 and raised its 1st funding round 30 years after it was founded.

Where is Duo Plast located?

Duo Plast is headquartered in Antigua And Barbuda.

Who is the current CEO of Duo Plast?

Detlef Kaase is the current CEO of Duo Plast.

What does Duo Plast do?

Duo Plast was founded in 1983 by Norbert Jager and operates as a manufacturer in the packaging sector. Stretch films and packaging films are produced primarily for food safety uses. The company is headquartered in Antigua And Barbuda, with leadership provided by co-CEOs Detlef Kaase and Erich Steiner, alongside Jagers ongoing involvement. Operations focus on film production to meet industry standards for preservation and protection.

What products or services does Duo Plast offer?

Duo Plast offers Stretch Films and Packaging Machines.

Who are Duo Plast's investors?

Duo Plast has 3 investors. Key investors include VR Equitypartner, SüdBG, and Paragon Partners.

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