About GRITEC
GRITEC is a company based in Waghausel (Germany) founded in 1963 was acquired by Viessmann in November 2024.. GRITEC offers products and services including Walk-in concrete stations, Compact concrete substations, Doors and locking systems, and Ventilation systems. GRITEC operates in a competitive market with competitors including Fraport Greece, ISKA Schön, RKI, Neuer Kanzlerplatz and Tegel Projekt, among others.
- Headquarter Waghausel, Germany
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Sectors
Real Estate & Construction
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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 Gritec Steel S.R.O.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Viessmann
(Nov 13, 2024)
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Products & Services of GRITEC
GRITEC offers a comprehensive portfolio of products and services, including Walk-in concrete stations, Compact concrete substations, Doors and locking systems, and Ventilation systems. 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.
Prefabricated stations for electrical and industrial use.
Compact units for power distribution and supply.
Aluminum components for access and safety in technical buildings.
Systems for air management in infrastructure installations.
Funding Insights of GRITEC
| 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 GRITEC
GRITEC has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Viessmann Generations Group. 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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Viessmann Generations Group is engaged in sustainable investment across energy, health, and agriculture sectors.
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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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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 GRITEC
| 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 - GRITEC
| 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 |
Gritec Comparisons
Competitors of GRITEC
GRITEC 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 Fraport Greece, ISKA Schön, RKI, Neuer Kanzlerplatz and Tegel Projekt, 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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| domain | founded_year | HQ Location |
Airports in Greece are developed and operated.
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Infrastructure development and civil engineering services are provided across Germany.
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Infrastructure projects are managed through construction and engineering by RKI.
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Platform offers building architectural and infrastructure development
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| domain | founded_year | HQ Location |
Webmail platform for login and account administration services.
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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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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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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Gritec
Frequently Asked Questions about GRITEC
When was GRITEC founded?
GRITEC was founded in 1963.
Where is GRITEC located?
GRITEC is headquartered in Waghausel, Germany. It is registered at Waghausel, Baden-wurttemberg, Germany.
What does GRITEC do?
GRITEC was founded in 1963 and is based in Waghausel, Germany. Operations focus on the infrastructure and technical construction sector. Full services are offered for the design, development, and implementation of infrastructure projects. Solutions are developed for applications such as walkable concrete bodies, cells, compact stations, concrete components, facades, roofs, and technical installations. The company serves various industrial needs through these specialized offerings.
Who are the top competitors of GRITEC?
GRITEC's top competitors include Fraport Greece, RKI and Neuer Kanzlerplatz.
What products or services does GRITEC offer?
GRITEC offers Walk-in concrete stations, Compact concrete substations, Doors and locking systems, and Ventilation systems.
Who are GRITEC's investors?
GRITEC has 1 investor. Key investors include Viessmann Generations Group.