Gurit

Zurich, Switzerland Founded: 1835 • Age: 191 yrs
Composite materials and tooling equipment are manufactured and supplied.

About Gurit

Gurit is a company based in Zurich (Switzerland) founded in 1835.. The company has 2,350 employees as of December 31, 2024. Gurit has completed 5 acquisitions, including Fiberline, JSB Global and JSB Group. Gurit offers products and services including Composite Materials, Core Materials, and Prepregs. Gurit operates in a competitive market with competitors including Moog, Swancor, Schaffner, FIXATOR and SSB Wind Systems, among others.

  • Headquarter Zurich, Switzerland
  • Employees 2350 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Gurit Holding Ag
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
    $476.5 M (USD)
    -6.12
    as on Dec 31, 2024
  • Net Profit
    $-30.84 M (USD)
    -474.75
    as on Dec 31, 2024
  • EBITDA
    $48.19 M (USD)
    25.16
    as on Dec 31, 2024
  • Latest Funding Round
  • Investors
  • Employee Count
    2350

    as on Dec 31, 2024

  • Investments & Acquisitions
    Fiberline

    & 4 more

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IPO & Listings of Gurit

Gurit is a publicly listed company on the SIX with ticker symbol GURN in Switzerland, 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.

Exchange: SIX · Ticker: GURN . Sector: Process industries · Switzerland

Products & Services of Gurit

Gurit offers a comprehensive portfolio of products and services, including Composite Materials, Core Materials, and Prepregs. 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.

Primary

Advanced materials for lightweight construction in various industries

Foam and panels for marine and industrial applications

Pre-impregnated fibers for wind energy and manufacturing solutions

People of Gurit
Headcount 1000-5000
Employee Profiles 10
Board Members and Advisors 5
Employee Profiles
People
Lance Hill
General Manager, BU Marine & Industrial Materials
People
Valérie Collaudin
Group General Counsel │ Board Secretary │ Head Of Sustainability
People
Chris Moors
New Zealand Sales Manager
People
Damian Bannister
Director Of Business Development (marine And Industrial)

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Board Members and Advisors
people
Nick Huber
Board Member
people
Rudolph Hadorn
Board Member
people
Stephen Breitenstein
Board Member
people
Philip Royer
Board Member

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Funding Insights of Gurit

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2021 Amount Grant - Gurit Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Gurit

Gurit has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Gov.uk. 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.

All
Institutional
Investor Description Founded Year Domain Location
Online government services and information are provided to users.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Gurit

Gurit has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Fiberline, JSB Global and JSB Group. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Innovative blade manufacturing systems for wind turbines are supplied.
2002
Recycling services for plastics are provided in Padova, Italy.
2001
Labeling and packaging solutions are provided to food manufacturers.
1997
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Gurit

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Gurit Comparisons

Employees
+
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Competitors of Gurit

Gurit 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 Moog, Swancor, Schaffner, FIXATOR and SSB Wind Systems, 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
Solutions are specialized in space, defense, security, and surveillance sectors.
domain founded_year HQ Location
Carbon-based composites for wind turbine blades are manufactured and sold.
domain founded_year HQ Location
EMC filters, power quality and power magnetics components manufacturer
domain founded_year HQ Location
Manufactures winches and systems for safe height access in various sectors.
domain founded_year HQ Location
Wind measurement solutions for turbines are provided and developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Gurit

Frequently Asked Questions about Gurit

When was Gurit founded?

Gurit was founded in 1835 and raised its 1st funding round 186 years after it was founded.

Where is Gurit located?

Gurit is headquartered in Zurich, Switzerland.

How many employees does Gurit have?

As of Dec 31, 2024, the latest employee count at Gurit is 2,350.

What is the annual revenue of Gurit?

Annual revenue of Gurit is $476.5M as on Dec 31, 2024.

What does Gurit do?

Founded in 1835 and headquartered in Zurich, Switzerland, Gurit operates as a public company in the composites sector. Prepreg materials, structural cores, adhesives, and infusion systems are produced for applications in wind energy, aerospace, automotive, marine, defense, and industrial markets. Tooling materials, coatings, and reinforcements are also provided to support these industries globally.

Who are the top competitors of Gurit?

Gurit's top competitors include Moog, Swancor and Schaffner.

What products or services does Gurit offer?

Gurit offers Composite Materials, Core Materials, and Prepregs.

Is Gurit publicly traded?

Yes, Gurit is publicly traded on SIX under the ticker symbol GURN.

How many acquisitions has Gurit made?

Gurit has made 5 acquisitions, including Fiberline, JSB Global, and JSB Group.

Who are Gurit's investors?

Gurit has 1 investor. Key investors include Gov.uk.

What is Gurit's ticker symbol?

The ticker symbol of Gurit is GURN on SIX.

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