Elotex

Los Angeles, United States Founded: 1989 • Age: 37 yrs Acquired By Celanese
Redispersible polymer powders and specialty additives are manufactured by Elotex.
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About Elotex

Elotex is a company based in Los Angeles (United States) founded in 1989 was acquired by Celanese in January 2020.. Elotex operates in a competitive market with competitors including Mapei, Asian Paints, Kansai Nerolac, Pidilite and Bostik, among others.

  • Headquarter Los Angeles, United States
  • Sectors
    Real Estate & Construction
  • Phone
    *********
  • Website
    *********
Operational Areas
Real Estate & Construction → Building Materials, Technology & Innovation
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Celanese

    (Jan 30, 2020)

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Funding Insights of Elotex

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

Investors in Elotex

Elotex has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Celanese. 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
Institutional
Investor Description Founded Year Domain Location
Special chemicals for industrial applications are developed by Celanese.
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 Elotex

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 - Elotex

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

Elotex Comparisons

Employees
+
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Competitors of Elotex

Elotex 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 Mapei, Asian Paints, Kansai Nerolac, Pidilite and Bostik, 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
Chemical products including adhesives and sealants for construction are manufactured.
domain founded_year HQ Location
Industrial and decorative paints are manufactured along with related solutions.
domain founded_year HQ Location
Industrial and decorative paints are manufactured by Kansai Nerolac.
domain founded_year HQ Location
Adhesives and sealants are manufactured by Pidilite in India.
domain founded_year HQ Location
Industrial adhesives are manufactured by Bostik for diverse applications.
domain founded_year HQ Location
Chemical products are manufactured and distributed by Wanhua Chemical Group.
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 Elotex

Celanese Completes Acquisition of Elotex®
Businesswire5 years ago

Frequently Asked Questions about Elotex

When was Elotex founded?

Elotex was founded in 1989.

Where is Elotex located?

Elotex is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.

What does Elotex do?

Elotex was established in 1989 and is based in Los Angeles, United States. Focus is placed on the production of redispersible polymer powders and specialty additives within the chemicals sector. These materials are supplied for use in construction, coatings, and related applications to improve durability and performance. Operations are conducted primarily from the US, with distribution reaching international markets.

Who are the top competitors of Elotex?

Elotex's top competitors include Asian Paints, Kansai Nerolac and Shalimar Paints.

Who are Elotex's investors?

Elotex has 1 investor. Key investors include Celanese.

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