Kendrion

Zeist, Netherlands Founded: 1999 • Age: 27 yrs Acquired By Solero Technologies
Electromagnetic components are developed for industrial and automotive sectors.
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About Kendrion

Kendrion is a company based in Zeist (Netherlands) founded in 1999 was acquired by Solero Technologies in October 2024.. The company has 1,610 employees as of December 31, 2024. Kendrion has completed 2 acquisitions, including Kendrion and Kendrion Fas Controls. Kendrion operates in a competitive market with competitors including ZF, Cummins, Cooper Standard, Schaeffler and Valeo, among others.

  • Headquarter Zeist, Netherlands
  • Employees 1610 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Kendrion N.V.
Operational Areas
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering
Key Metrics
  • Annual Revenue
    $313.23 M (USD)
    -2.43
    as on Dec 31, 2024
  • Net Profit
    $-4.68 M (USD)
    -145.45
    as on Dec 31, 2024
  • EBITDA
    $34.28 M (USD)
    -16.67
    as on Dec 31, 2024
  • Latest Funding Round
    $150 M (USD), Debt – Conventional

    Aug 01, 2014

  • Investors
  • Employee Count
    1610

    as on Dec 31, 2024

  • Investments & Acquisitions
    Kendrion

    & 1 more

  • Acquired by
    Solero Technologies

    (Oct 10, 2024)

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IPO & Listings of Kendrion

Kendrion is a publicly listed company on the EURONEXT with ticker symbol KENDR in Netherlands, operating in the Producer manufacturing 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: EURONEXT · Ticker: KENDR . Sector: Producer manufacturing · Netherlands
People of Kendrion
Headcount 1000-5000
Employee Profiles 4
Board Members and Advisors 3
Employee Profiles
People
Joep van Beurden
Chief Executive Officer
People
Jeroen Hemmen
Chief Financial Officer
People
Denisa Gheorghe
Full-cycle Hr, Payroll & Compliance
People
Olaf Detlef
Business Group Director – Industrial Brakes

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Board Members and Advisors
people
Erwin Doll
Director
people
Frits Van Hout
Chairman, Supervisory Board

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Funding Insights of Kendrion

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $150.0M
  • First Round

    (01 Aug 2014)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2014 Amount Debt – Conventional - Kendrion 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 Kendrion

Kendrion has secured backing from 1 investor. Prominent investors backing the company include Solero Technologies. 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
Investor Description Founded Year Domain Location
Provider of auto parts and aftermarket sales services
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 Kendrion

Kendrion has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Kendrion and Kendrion Fas Controls. 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
Limited information available
2012
Kendrion is engaged in developing industrial automation and electromagnetic solutions.
2005
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 - Kendrion

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

Kendrion Comparisons

Employees
+
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Competitors of Kendrion

Kendrion 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 ZF, Cummins, Cooper Standard, Schaeffler and Valeo, 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
Mobility systems are developed for cars, vehicles, and industrial uses.
domain founded_year HQ Location
Manufacturer of gas-powered construction equipment
domain founded_year HQ Location
Systems and components for the automotive industry are supplied worldwide.
domain founded_year HQ Location
Manufacturer of bearings for the automotive industry
domain founded_year HQ Location
Automotive products and services are supplied globally to automakers.
domain founded_year HQ Location
Automotive cooling systems, pistons, and aftermarket components are manufactured.
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.

Frequently Asked Questions about Kendrion

When was Kendrion founded?

Kendrion was founded in 1999 and raised its 1st funding round 15 years after it was founded.

Where is Kendrion located?

Kendrion is headquartered in Zeist, Netherlands. It is registered at Zeist, Utrecht, Netherlands.

How many employees does Kendrion have?

As of Dec 31, 2024, the latest employee count at Kendrion is 1,610.

What is the annual revenue of Kendrion?

Annual revenue of Kendrion is $313.23M as on Dec 31, 2024.

What does Kendrion do?

Kendrion was founded in 1999 and is headquartered in Zeist, Netherlands. Electromagnetic components, including solenoids and holding magnets, are produced for industrial and automotive applications. Industrial products are divided into magnetic systems, control systems, and drive systems. Automotive offerings cover valves, sensors, ECUs, engine cooling systems, clutches, and compressor drives for passenger cars and commercial vehicles.

Who are the top competitors of Kendrion?

Kendrion's top competitors include Cummins, Valeo and Cooper Standard.

Is Kendrion publicly traded?

Yes, Kendrion is publicly traded on EURONEXT under the ticker symbol KENDR.

How many acquisitions has Kendrion made?

Kendrion has made 2 acquisitions, including Kendrion, and Kendrion Fas Controls.

Who are Kendrion's investors?

Kendrion has 1 investor. Key investors include Solero Technologies.

What is Kendrion's ticker symbol?

The ticker symbol of Kendrion is KENDR on EURONEXT.

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