About Granges
Granges is a company based in Stockholm (Sweden) founded in 1972.. Granges has completed 1 acquisition, including Shandong Innovation Metal. Granges operates in a competitive market with competitors including Modine Manufacturing Company, Hanon Systems, TitanX, BHTC and Nissens, among others.
- Headquarter Stockholm, Sweden
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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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 Granges Ab
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Annual Revenue
$2.13 B (USD)4.85as on Dec 31, 2024
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Net Profit
$91.57 M (USD)0.3as on Dec 31, 2024
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EBITDA
$214.87 M (USD)0.85as on Dec 31, 2024
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Latest Funding Round
$320.33 K (USD), Grant
Dec 01, 2022
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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IPO & Listings of Granges
Granges is a publicly listed company on the OMXSTO with ticker symbol GRNG in Sweden, operating in the Non-energy minerals 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.
Funding Insights of Granges
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $320,332
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First Round
First Round
(01 Apr 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Grant - Granges | Valuation |
investors |
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| Jun, 2021 | Amount | Grant - Granges | Valuation |
investors |
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| Apr, 2021 | Amount | Grant - Granges | Valuation |
investors |
| 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 |
Investors in Granges
Granges has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Granges
Granges has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Shandong Innovation Metal. 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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Aluminum products are manufactured and distributed globally.
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2002 |
| 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 - Granges
| 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 |
Granges Comparisons
Competitors of Granges
Granges 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 Modine Manufacturing Company, Hanon Systems, TitanX, BHTC and Nissens, 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 |
Heat transfer products for vehicles are manufactured and supplied.
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| domain | founded_year | HQ Location |
Thermal management systems are provided for automotive applications.
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| domain | founded_year | HQ Location |
Medium and heavy-duty diesel engine cooling solutions are manufactured.
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| domain | founded_year | HQ Location |
HVAC solutions are provided for the automobile industry.
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| domain | founded_year | HQ Location |
Manufacturer of automotive aftermarket parts for engine cooling, climate systems, and emissions
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| 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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Latest news on Granges
Frequently Asked Questions about Granges
When was Granges founded?
Granges was founded in 1972 and raised its 1st funding round 49 years after it was founded.
Where is Granges located?
Granges is headquartered in Stockholm, Sweden.
Who is the current CEO of Granges?
Johan Menckel is the current CEO of Granges.
What is the annual revenue of Granges?
Annual revenue of Granges is $2.13B as on Dec 31, 2024.
What does Granges do?
Granges was founded in 1972 in Stockholm, Sweden, where operations are headquartered. Rolled aluminium products are produced and distributed by the company, primarily for heat exchanger applications in the automotive and industrial sectors. Supplies are directed to original equipment manufacturers worldwide. The focus remains on aluminium processing and delivery, supporting thermal management needs across various markets. Leadership is provided by CEO Johan Menckel.
Who are the top competitors of Granges?
Granges's top competitors include BHTC, Hanon Systems and Nissens.
Is Granges publicly traded?
Yes, Granges is publicly traded on OMXSTO under the ticker symbol GRNG.
How many acquisitions has Granges made?
Granges has made 1 acquisition, including Shandong Innovation Metal.
Who are Granges's investors?
Granges has 1 investor. Key investors include European Union.
What is Granges's ticker symbol?
The ticker symbol of Granges is GRNG on OMXSTO.
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