About Glaston
Glaston is a company based in Tampere (Finland) founded in 1870. It operates as a Professional Services, and Reseller / Distribution. The company has 817 employees as of December 31, 2024. Glaston has completed 2 acquisitions, including A+W Software and Bystronic Glass. Glaston offers products and services including Tempering Solutions, Laminating Solutions, Insulating Glass Solutions, Automotive & Display Glass Solutions, and Technical Support & Spare Parts.
- Headquarter Tampere, Finland
- Employees 817 as on 31 Dec, 2024
- Stage Public
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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
*********
- Legal Name Glaston Oyj
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Annual Revenue
$226.81 M (USD)-0.59as on Dec 31, 2024
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Net Profit
$2.58 M (USD)-50.85as on Dec 31, 2024
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EBITDA
$16.53 M (USD)-16.08as on Dec 31, 2024
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Latest Funding Round
$30 M (USD), Debt – Conventional
Jun 01, 2009
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Investors
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Employee Count
817
as on Dec 31, 2024
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Investments & Acquisitions
A+W Software
& 1 more
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IPO & Listings of Glaston
Glaston is a publicly listed company on the OMXHEX with ticker symbol GLA1V in Finland, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Glaston
Glaston offers a comprehensive portfolio of products and services, including Tempering Solutions, Laminating Solutions, Insulating Glass Solutions, Automotive & Display Glass Solutions, and Technical Support & Spare Parts. 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 tempering glass is provided for durability.
Laminating solutions for glass are offered for safety.
Insulating glass equipment is supplied for energy efficiency.
Specialized glass solutions are provided for automotive industries.
Support and spare parts are offered for maintenance.
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Funding Insights of Glaston
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $30.0M
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First Round
First Round
(01 Jun 2009)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2009 | Amount | Debt – Conventional - Glaston | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Glaston
Glaston has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include A+W Software and Bystronic Glass. 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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Comprehensive solutions for glass, windows, and doors industry are developed.
|
1977 | ||||
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Glass processing equipment is designed and manufactured.
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1966 |
| 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 - Glaston
| 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 |
Glaston Comparisons
Competitors of Glaston
| 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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Latest news on Glaston
Frequently Asked Questions about Glaston
When was Glaston founded?
Glaston was founded in 1870 and raised its 1st funding round 139 years after it was founded.
Where is Glaston located?
Glaston is headquartered in Tampere, Finland.
How many employees does Glaston have?
As of Dec 31, 2024, the latest employee count at Glaston is 817.
What is the annual revenue of Glaston?
Annual revenue of Glaston is $226.81M as on Dec 31, 2024.
What does Glaston do?
Glaston is involved in the development and supply of advanced glass processing equipment and technology. Solutions are offered for tempering, laminating, insulating glass, automotive and display glass, and solar glass applications. The company serves industries such as architectural, appliances, mobility, display, and solar sectors. Services including technical support, spare parts, and equipment upgrades are provided to ensure continuous operation and efficiency for clients. Operations are supported by a global network of sales and service units across Europe, Middle East, Africa, Americas, and Asia.
What products or services does Glaston offer?
Glaston offers Tempering Solutions, Laminating Solutions, Insulating Glass Solutions, Automotive & Display Glass Solutions, and Technical Support & Spare Parts.
Is Glaston publicly traded?
Yes, Glaston is publicly traded on OMXHEX under the ticker symbol GLA1V.
How many acquisitions has Glaston made?
Glaston has made 2 acquisitions, including A+W Software, and Bystronic Glass.
What is Glaston's ticker symbol?
The ticker symbol of Glaston is GLA1V on OMXHEX.
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