Italmatch

Genoa, Italy Founded: 1997 • Age: 29 yrs Acquired By Bain Capital Private Equity
Additives for lubricants, plastics, water, and oil markets are produced.

About Italmatch

Italmatch is a Chemicals & Materials company based in Genoa (Italy) founded in 1997, and was acquired by Bain Capital Private Equity in June 2018. Additives for lubricants, plastics, water, and oil markets are produced. The company has 12 employees. Italmatch has completed 6 acquisitions, including BWA Water Additives, Compass Chemical and Detrex Chemicals. Its Indian entity Italmatch Chemicals India Private Limited reported revenue of ₹119 Cr. Italmatch offers products and services including Advanced Water Solutions, Lubricant Performance Additives, and Specialty Additives. Its focus areas include Chemicals and Materials, Diversified Chemicals and Diversified.

Company details

Italmatch was established in 1997 in Genoa, Italy, within the chemicals sector. Additives are manufactured by the company for applications in lubricants, plastics processing, water treatment, and oil industries. Operations focus on formulation and supply to global markets, with a base in Europe supporting distribution across multiple regions. The companys domain is italmatch.com, facilitating industry connections.

Key Metrics

Products & Services of Italmatch

Italmatch offers a comprehensive portfolio of products and services, including Advanced Water Solutions, Lubricant Performance Additives, and Specialty Additives.

Advanced Water Solutions
Water Treatment

Additives for efficient water management in industrial applications

Lubricant Performance Additives
Lubricants

Enhancers for lubricant performance in automotive and industrial uses

Specialty Additives
Energy Solutions

Products for energy, electrification, and oleochemical applications

Apps and channels of Italmatch

its YouTube channel Italmatch Chemicals has 163 subscribers and 30 videos.

Italmatch Chemicals
YouTube 163 subscribers 30 videos Science & Technology
Open channel

Videos from Italmatch

The most watched videos on Italmatch's YouTube channel, Italmatch Chemicals (163 subscribers). Click a video to play it here.

Italmatch Chemicals CEO Sergio Iorio interviewed on Class CNBC (subtitles)
1.1K views
GRS Chemical Technologies - Italmatch Chemicals Group
748 views
Italmatch Chemicals Group - 2021
663 views
How does Lumiclene® work? Benefits of Italmatch's tagged polymers for cooling towers
661 views

More on Italmatch Chemicals.

Funding Insights of Italmatch

  • Total Rounds 2
  • First Round $1.92M

    (May 2021)

  • Investors Count 2

All 2 funding rounds of Italmatch with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2023Unspecified––
May 2021$1.92MGrant––
Valuation history

6 investors in total: 6 institutional.

Investors in Italmatch

Italmatch has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Bain Capital Private Equity, European Union and Dussur.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Industrial investments are facilitated by Dussur in Saudi Arabia.
dussur.comRiyadh, Saudi Arabia
Private investment firm managing assets and expanding into equity, credit, and real estate services.
1984baincapitalprivateequity.comLondon, United Kingdom
Private investment firm specializing in markets and partnerships.
ardian.com
Argos is engaged in private equity investments across Europe.
1989argos.wityu.fundParis, France
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
mcpinvest.lu
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Investor details for Italmatch

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Board of directors of Italmatch Chemicals India Private Limited (Italmatch)

Italmatch Chemicals India Private Limited is the primary company behind Italmatch. The board of Italmatch Chemicals India Private Limited currently have 3 directors; the longest-serving is Maurizio Turci, appointed in 2018. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Maurizio Turci
DIN 08263469
Director15 Nov 20187 yrs 11 moItalmatch Chemicals India Private Limited
Foort De Jong
DIN 08278136
Director15 Nov 20187 yrs 11 moItalmatch Chemicals India Private Limited
Namdev Chandrakant Malusare
DIN 07682357
Additional Director01 Jan 20269 moItalmatch Chemicals India Private Limited

People of Italmatch

112 people are tracked at Italmatch (26 in leadership, 86 in team); the tracked headcount is 12.

NameRoleGroup
Group General Manager CorporateLeadership
Christopher Houston
Regional Sales And Marketing Director - North AmericaLeadership
Adriano Costantini
Chief Commercial Officer (cco)Leadership
Richard Barwell
Sales & Marketing Director MENALeadership
Saud al-Osaimi
General Manager Aubin UAE And Sales & Marketing Manager Oil & Gas – Mea&apLeadership
David Cardy
Regional VP Sales & Marketing, LPA North AmericaLeadership
Anna Zhukovskaya
Chief Treasury OfficerLeadership
Brian Downward
VP Oil And Gas Global Business UnitLeadership
Alastair Sholl
Global Product Regulatory & Innovation VPLeadership
Carlos Galeano
Beyond Innovation Project DirectorLeadership
Mark Wanner
Global Business Development Director - Oil & GasLeadership
Jessica Marchi
Head Of Consolidated Financial Statements And General AccountingLeadership
Belinda Rosario
Chief Financial Officer, AmericasLeadership
Enrica Mambelli
Group Chief Financial OfficerLeadership
Tiziano B.
Group General Manager Operations & Industrial ProjectsLeadership
Sergio Iorio
CEOLeadership
Roberto Delgado
Regional Sales And Marketing Director California & Latin AmericaLeadership
Dave Millin
Global Vice President Sales And Marketing Lubricant Performance AdditivesLeadership
Gianni Pilati
Global Business Development And Marketing VPLeadership
Alan Savidge
Vice President Of SalesLeadership

92 more people are available in the full profile.

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Complete people profiles for Italmatch

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Financials of Italmatch

Figures of Italmatch Chemicals India Private Limited, the primary company behind Italmatch, for FY 2025. Revenue was ₹119 Cr (+24% year on year). Net profit was ₹13.61 Cr (11% margin). EBITDA was ₹20.19 Cr (17% margin). Revenue has grown at a compounded annual rate of +23% over three years and +21% over five years.

  • ₹119 CrRevenue · FY 2025 · +24% YoY
  • ₹13.61 CrNet profit · 11% margin
  • ₹20.19 CrEBITDA · 17% margin
  • ₹2.00 CrPaid-up capital
  • 12Employees (provident fund records)
  • +23%Revenue CAGR, 3 years
  • +21%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Italmatch Chemicals India Private Limited are on its company page.

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Detailed financial statements for Italmatch

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Investments & Acquisitions by Italmatch

Italmatch has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include BWA Water Additives, Compass Chemical and Detrex Chemicals.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Producer of chemical solutions
eco-inhibitors.comStavanger, Norway2011Apr 2019••••
Water management solutions and additives are provided for industrial use.
wateradditives.comManchester, United Kingdom1973Dec 2018••••
High-quality semiconductor hydrochloric acid is produced, packaged, and tested.
detrexchemicals.comCleveland, United States2000Dec 2017••••
Manufacturer of phosphoric acid, calcium & sodium phosphates, and other market chemicals
sudamfos.com.arBuenos Aires, Argentina2013Oct 2017••••
Metals are extracted from difficult-to-treat waste via filtration technology.
magpie-polymers.comNemours, France2010Jul 2017••••
Chemical products are manufactured and supplied by the company.
compasschemical.comSmyrna, United States1999Jun 2016••••
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Complete acquisition details for Italmatch

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  • Exports

Verified entity values are shown only after access is granted.

Timeline of Italmatch

13 dated milestones of Italmatch across 26 years, from founding to its latest funding, stage changes and deals.

  1. Founded Italmatch is founded.
  2. Exit Acquired by Argos Wityu.
  3. Exit Acquired by Mandarin Capital Partners.
  4. Exit Acquired by Ardian.
  5. Acquisition Acquires Compass Chemical.
  6. Acquisition Acquires Magpie Polymers.
  7. Acquisition Acquires Sudamfos.
  8. Acquisition Acquires Detrex Chemicals.
  9. Exit Acquired by Bain Capital Private Equity.
  10. Acquisition Acquires BWA Water Additives.
  11. Acquisition Acquires Eco Inhibitors.
  12. Funding First funding round of $1.9M.
  13. Funding Latest funding round, Unspecified,.

Web traffic of Italmatch

The website of Italmatch (italmatch.com) receives about 9K visits a month.

  • Monthly visits
    9K

    ▼ 18.9% vs previous month

Similar websites

Websites whose visitors overlap most with Italmatch. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
kuraray.eu
kuraray.eu
100%
–
desalination.com
61%
#4,718,828View details
watertreatmentservices.co.uk
59%
680.7K#2,326,953View details
biwater.com
50%
View details
utilities-me.com
utilities-me.com
50%
#954,409–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 12 similar websites and full traffic analytics for Italmatch

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

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Related news about Italmatch

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Complete news archive for Italmatch

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Frequently Asked Questions about Italmatch

Italmatch was founded in 1997 and raised its 1st funding round 24 years after it was founded.

Italmatch is headquartered in Genoa, Italy. It is registered at Genoa, Liguria, Italy.

Italmatch has 12 employees.

The primary company behind Italmatch, Italmatch Chemicals India Private Limited, reported revenue of ₹119 Cr for FY 2025, up 24% year on year.

Italmatch was established in 1997 in Genoa, Italy, within the chemicals sector. Additives are manufactured by the company for applications in lubricants, plastics processing, water treatment, and oil industries. Operations focus on formulation and supply to global markets, with a base in Europe supporting distribution across multiple regions. The companys domain is italmatch.com, facilitating industry connections.

Italmatch offers Advanced Water Solutions, Lubricant Performance Additives, and Specialty Additives.

Italmatch has made 6 acquisitions, including BWA Water Additives, Compass Chemical, and Detrex Chemicals.

Italmatch has 6 investors. Key investors include Bain Capital Private Equity, European Union, Dussur, Mandarin Capital Partners, and Ardian.

Italmatch operates through Italmatch Chemicals India Private Limited.

Yes. Italmatch was acquired by Bain Capital Private Equity in June 2018.

The legal entities of Italmatch currently have 3 directors, including Maurizio Turci, Foort De Jong, Namdev Chandrakant Malusare.

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