About IVC Group
IVC Group is a company based in Avelgem (Belgium) founded in 1997 was acquired by Mohawk Industries in January 2015. It operates as a Direct-to-Consumer (D2C), and B2B2C. IVC Group offers products and services including Luxury Vinyl Tiles (LVT), Sheet Vinyl, Carpet Tiles, and Flooring Accessories (Xtrafloor). IVC Group operates in a competitive market with competitors including Somany Ceramics, Fireclay Tile, Simpolo, RAK Ceramics and Armstrong Flooring, among others.
- Headquarter Avelgem, Belgium
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Sectors
Real Estate & Construction
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Phone
*********
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Website
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Social
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- Legal Name Ivc Group
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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
Mohawk Industries
(Jan 13, 2015)
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Products & Services of IVC Group
IVC Group offers a comprehensive portfolio of products and services, including Luxury Vinyl Tiles (LVT), Sheet Vinyl, Carpet Tiles, and Flooring Accessories (Xtrafloor). 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.
Luxury vinyl tiles are manufactured for durable flooring solutions.
Sheet vinyl is produced for versatile and practical flooring needs.
Carpet tiles are crafted for commercial and residential flooring use.
Flooring accessories are offered for installation and maintenance support.
Funding Insights of IVC Group
| 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 IVC Group
IVC Group has secured backing from 1 investor. Prominent investors backing the company include Mohawk Industries. 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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Carpet, rugs, and flooring products are manufactured and distributed.
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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by IVC Group
| 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 - IVC Group
| 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 |
Ivc Group Comparisons
Competitors of IVC Group
IVC Group 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 Somany Ceramics, Fireclay Tile, Simpolo, RAK Ceramics and Armstrong Flooring, 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 |
Ceramic tiles are manufactured by Somany Ceramics in India.
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| domain | founded_year | HQ Location |
Made-to-order tiles are manufactured by Fireclay Tile.
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| domain | founded_year | HQ Location |
Vitrified tiles and bathware products are manufactured for diverse applications.
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Manufacturer of wall and floor ceramic and porcelain tiles for interiors and exteriors
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Manufacturer of flooring products and building materials
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| domain | founded_year | HQ Location |
Ceramic flooring tiles are manufactured for construction applications.
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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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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 Ivc Group
Frequently Asked Questions about IVC Group
When was IVC Group founded?
IVC Group was founded in 1997.
Where is IVC Group located?
IVC Group is headquartered in Avelgem, Belgium. It is registered at Avelgem, West Flanders, Belgium.
What does IVC Group do?
IVC Group is established as a prominent manufacturer of luxury vinyl tiles, sheet vinyl, and carpet tiles, primarily operating in Europe. The company is supported by 10 production units across Belgium, Luxembourg, Russia, and the United States. Solutions are provided for both residential and commercial sectors, including corporate offices, retail, hospitality, education, and healthcare projects. Innovation in design, performance, and sustainability is prioritized, with products developed to meet contemporary trends and future-proof needs. A commitment to environmental responsibility is emphasized through sustainable operations targeting zero impact by 2040. As part of Mohawk Industries since 2015, global reach and craftsmanship heritage are enhanced.
Who are the top competitors of IVC Group?
IVC Group's top competitors include Somany Ceramics, Simpolo and Fireclay Tile.
What products or services does IVC Group offer?
IVC Group offers Luxury Vinyl Tiles (LVT), Sheet Vinyl, Carpet Tiles, and Flooring Accessories (Xtrafloor).
Who are IVC Group's investors?
IVC Group has 1 investor. Key investors include Mohawk Industries.
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