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
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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 Duo Plast Ag
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Annual Revenue
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Net Profit
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Latest Funding Round
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Investors
VR Equitypartner
& 2 more
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Employee Count
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- Acquired by
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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.
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 Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2013 | Amount | Private Equity Round - Duo Plast | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 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.
| Investor | Description | Founded Year | Domain | Location |
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Tailored financing solutions are provided for mid-sized companies.
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Founded Year | Domain | Location | |
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Equity solutions are developed for mid-sized companies by SüdBG.
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Founded Year | Domain | Location | |
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Private equity investments are managed by a family office-backed firm.
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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 Duo Plast
| 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 |
Financial Statements - Duo Plast
| 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 |
Duo Plast Comparisons
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.
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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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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.