About ELRO
ELRO is a company based in Bremgarten (Switzerland) founded in 1934 was acquired by Illinois Tool Works in September 2010.. ELRO offers products and services including MetaTherm, VacuTherm, MixaTherm, and Cooking Ranges. ELRO operates in a competitive market with competitors including gmüesgarte, Gabbani and Evento Class Food, among others.
- Headquarter Bremgarten, Switzerland
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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Annual Revenue
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Illinois Tool Works
(Sep 08, 2010)
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Products & Services of ELRO
ELRO offers a comprehensive portfolio of products and services, including MetaTherm, VacuTherm, MixaTherm, and Cooking Ranges. 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.
Versatile system for multiple cooking methods like boiling and pressure cooking.
Multifunctional kettle designed for various kitchen applications.
Kettle that combines mixing and cooling functions for professional use.
Modular ranges for diverse kitchen needs in commercial settings.
Funding Insights of ELRO
| 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 ELRO
ELRO has secured backing from 1 investor. Prominent investors backing the company include Illinois Tool Works. 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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Major auto components are manufactured and supplied to OEMs.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by ELRO
| 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 - ELRO
| 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 |
Elro Comparisons
Competitors of ELRO
ELRO 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 gmüesgarte, Gabbani and Evento Class Food, 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 |
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Catering services are provided for events in Switzerland.
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Provides hotel stays, dining, gourmet retail, and catering services in Lugano.
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Provides professional event planning, catering, and wedding services with quality focus.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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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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 ELRO
When was ELRO founded?
ELRO was founded in 1934.
Where is ELRO located?
ELRO is headquartered in Bremgarten, Switzerland. It is registered at Bremgarten, Aargau, Switzerland.
Who is the current CEO of ELRO?
Rene Fohn is the current CEO of ELRO.
What does ELRO do?
ELRO was established in 1934 in Bremgarten, Switzerland, within the hospitality sector. Catering services for corporate, private, and social events are delivered by the company, including food preparation, beverage arrangements, and event support. Operations are centered in Switzerland, with a focus on reliable execution for clients. Leadership is provided by CEO Rene Fohn, overseeing daily activities and strategic direction in the competitive catering market.
Who are the top competitors of ELRO?
ELRO's top competitors include gmüesgarte, Gabbani and Evento Class Food.
What products or services does ELRO offer?
ELRO offers MetaTherm, VacuTherm, MixaTherm, and Cooking Ranges.
Who are ELRO's investors?
ELRO has 1 investor. Key investors include Illinois Tool Works.