About Eriez
Eriez is a company based in Erie (United States) founded in 1942. It operates as a Reseller / Distribution. Eriez has completed 2 acquisitions, including Canadian Process Technologies and FaultCurrent. Eriez offers products and services including Magnetic Separation, Flotation, Metal Detection, and Material Handling.
- Headquarter Erie, United States
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Sectors
Industrial Goods & Manufacturing
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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 Eriez Manufacturing Co.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Canadian Process Technologies
& 1 more
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Products & Services of Eriez
Eriez offers a comprehensive portfolio of products and services, including Magnetic Separation, Flotation, Metal Detection, and Material Handling. 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.
Equipment for separating magnetic materials is provided by Eriez.
Flotation systems for material separation are offered by Eriez.
Metal detection solutions are designed and supplied by Eriez.
Material handling equipment is manufactured and distributed by Eriez.
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Funding Insights of Eriez
| 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 |
Investments & Acquisitions by Eriez
Eriez has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Canadian Process Technologies and FaultCurrent. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Fault current limiting technology for power grids is developed.
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2012 | ||||
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Mineral processing equipment is distributed to industry clients.
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2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Eriez
| 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 |
Eriez Comparisons
Competitors of Eriez
| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Eriez
When was Eriez founded?
Eriez was founded in 1942.
Where is Eriez located?
Eriez is headquartered in Erie, United States. It is registered at Erie, Pennsylvania, United States.
What does Eriez do?
Eriez is established as a global leader in separation technologies, designing and manufacturing equipment such as magnetic separation, flotation, metal detection, and material handling solutions. Operations are conducted through 12 subsidiaries worldwide, serving diverse industries including mining, minerals processing, packaging, and heavy industries. Innovation is prioritized to address needs across food processing and mineral applications. Technical support and repair services are provided to ensure equipment longevity and performance.
What products or services does Eriez offer?
Eriez offers Magnetic Separation, Flotation, Metal Detection, and Material Handling.
How many acquisitions has Eriez made?
Eriez has made 2 acquisitions, including Canadian Process Technologies, and FaultCurrent.