About HASLE Refractories
HASLE Refractories is a Real Estate & Construction company based in Rønne (Denmark) founded in 1843, and was acquired by Capidea in November 2025. Refractory products, cement, and building materials are manufactured and supplied. HASLE Refractories has raised $229.89 thousand across 1 funding round from investors including IFU and Capidea. Its chief executive, as recorded, is Michael Bladt. Its Indian entity Hasle Refractories India Private Limited reported revenue of ₹2.21 Cr. HASLE Refractories offers products and services including Castables, Precast Elements, Ceramic Vortex Finder, Modular Lining, and Technical Design Service. Its focus areas include Real Estate and Construction, Building Materials and Suppliers. Its competitors include Celebert, DLH and Flid Tools.
Company details
HASLE Refractories was established in 1843 in Ronne, Denmark, within the building materials sector. Refractory products, cement, and related materials are produced and distributed by the company to support industrial applications. Operations focus on manufacturing and supply chains across Europe, with leadership provided by CEO Michael Bladt. The firm maintains a presence in refractory solutions for construction and heavy industry needs.
- Headquarters Rønne, Denmark
- Stage Acquired
- SectorsReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website hasle-refractories.com
- Social LinkedIn Facebook
- Acquired by Capidea (Nov 2025)
- Legal Name Hasle Refractories India Private Limited
- Date of Incorporation 09 Jan, 2013
- Jurisdiction New Delhi, Delhi, India
- Indian entity revenue₹2.21 Cr
FY 2025 · +9% YoY
- Indian entity net profit₹31.1 Lakh
FY 2025 · 14% margin
- Indian entity EBITDA₹21.3 Lakh
FY 2025 · 10% margin
- Total Equity Funding$229.89K (USD)
in 1 rounds
- Latest Funding Round$229.89K (USD), Private Equity Round
Jun 2012
- InvestorsIFU
& 1 more
- Acquired byCapidea
(Nov 2025)
Associated legal entities of HASLE Refractories
HASLE Refractories operates through Hasle Refractories India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Hasle Refractories India Private Limited CIN U51101DL2013FTC302354 | Active | 09 Jan 2013 | New Delhi, Delhi | ₹2.2 Cr | 3 | View details |
Products & Services of HASLE Refractories
HASLE Refractories offers a comprehensive portfolio of products and services, including Castables, Precast Elements, Ceramic Vortex Finder, Modular Lining, and Technical Design Service.
Materials for lining high-temperature industrial equipment.
Durable components resistant to alkali and abrasion.
Device for efficient material separation in processes.
System that reduces energy use in high-temperature settings.
Assistance in designing custom refractory elements.
Funding Insights of HASLE Refractories
HASLE Refractories has successfully raised a total of $229.89K through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $229.89 thousand completed in June 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $229,891
- Total Rounds 1
- Last Round Private Equity Round — $229,891
- First Round $229,891
(Jun 2012)
- Investors Count 1
All 1 funding rounds of HASLE Refractories with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2012 | $229,891 | Private Equity Round | – | IFU | – |
2 investors in total: 2 institutional.
Investors in HASLE Refractories
HASLE Refractories has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include IFU and Capidea.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investment firm | 1967 | ifu.dk | Copenhagen, Denmark | |
| capidea.dk |
Investor details for HASLE Refractories
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Hasle Refractories India Private Limited (HASLE Refractories)
Hasle Refractories India Private Limited is the primary company behind HASLE Refractories. The board of Hasle Refractories India Private Limited currently have 3 directors; the longest-serving is Michael Jorgen Bladt, appointed in 2013. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Michael Jorgen Bladt DIN 06439113 | Director | 09 Jan 2013 | 13 yrs 10 mo | Hasle Refractories India Private Limited |
| Abhishek Sharma DIN 05177791 | Director | 07 Aug 2019 | 7 yrs 3 mo | Hasle Refractories India Private Limited |
| Karen Bladt DIN 08563164 | Director | 19 Sep 2019 | 7 yrs 1 mo | Hasle Refractories India Private Limited |
People of HASLE Refractories
1 people are tracked at HASLE Refractories (1 in leadership).
| Name | Role | Group |
|---|---|---|
| CEO & Owner | Leadership |
Complete people profiles for HASLE Refractories
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of HASLE Refractories
Figures of Hasle Refractories India Private Limited, the primary company behind HASLE Refractories, for FY 2025. Revenue was ₹2.21 Cr (+9% year on year). Net profit was ₹31.1 Lakh (14% margin). EBITDA was ₹21.3 Lakh (10% margin). Revenue has grown at a compounded annual rate of -4% over three years and +1% over five years.
- ₹2.21 CrRevenue · FY 2025 · +9% YoY
- ₹31.1 LakhNet profit · 14% margin
- ₹21.3 LakhEBITDA · 10% margin
- ₹1.62 CrPaid-up capital
- -4%Revenue CAGR, 3 years
- +1%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Hasle Refractories India Private Limited are on its company page.
Detailed financial statements for HASLE Refractories
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of HASLE Refractories
3 dated milestones of HASLE Refractories across 182 years, from founding to its latest funding, stage changes and deals.
- Founded HASLE Refractories is founded.
- Funding First funding round of $230K.
- Exit Acquired by Capidea.
Competitors of HASLE Refractories
HASLE Refractories has 3 listed competitors in our database. They include Celebert, DLH and Flid Tools.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| celebert.dk | 2005 | Aalborg, Denmark | 17 | Bathroom and kitchen cabinets are manufactured in Denmark. | ||
| dlh.com | 2007 | Horsens, Denmark | 29 | Decking, terrace, facade, and panel products are supplied globally. | ||
| flidtools.dk | 2020 | Copenhagen, Denmark | Building materials are supplied by Flid Tools in Denmark. |
Detailed competitors of HASLE Refractories
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of HASLE Refractories
The website of HASLE Refractories (hasle-refractories.com) receives about 1.8K visits a month.
- Monthly visits1.8K
▼ 34.2% vs previous month
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about HASLE Refractories
HASLE Refractories was founded in 1843 and raised its 1st funding round 169 years after it was founded.
HASLE Refractories is headquartered in Rønne, Denmark. It is registered at Rønne, Region Hovedstaden, Denmark.
Michael Bladt is the CEO of HASLE Refractories, as recorded in our data.
HASLE Refractories is a funded company, having raised a total of $229.89K across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $229.89K, raised on Jun 2012.
The primary company behind HASLE Refractories, Hasle Refractories India Private Limited, reported revenue of ₹2.21 Cr for FY 2025, up 9% year on year.
HASLE Refractories was established in 1843 in Ronne, Denmark, within the building materials sector. Refractory products, cement, and related materials are produced and distributed by the company to support industrial applications. Operations focus on manufacturing and supply chains across Europe, with leadership provided by CEO Michael Bladt. The firm maintains a presence in refractory solutions for construction and heavy industry needs.
HASLE Refractories's top competitors include Celebert, DLH and Flid Tools.
HASLE Refractories offers Castables, Precast Elements, Ceramic Vortex Finder, Modular Lining, and Technical Design Service.
HASLE Refractories has 2 investors. Key investors include IFU, and Capidea.
HASLE Refractories operates through Hasle Refractories India Private Limited.
Yes. HASLE Refractories was acquired by Capidea in November 2025.
The legal entities of HASLE Refractories currently have 3 directors, including Karen Bladt, Michael Jorgen Bladt, Abhishek Sharma.