About Kurekss
Kurekss is a company based in Ventspils (Latvia) founded in 1995 was acquired by HS Timber Group in January 2025.. The company has 171 employees as of December 31, 2022. Kurekss offers products and services including Construction Materials, Laths, Terrace Boards, and Finishing Boards. Kurekss operates in a competitive market with competitors including Interfor, Mannington, Stella-Jones, Weyerhaeuser and HASSLACHER, among others.
- Headquarter Ventspils, Latvia
- Employees 171 as on 31 Dec, 2022
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Kurekss
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Annual Revenue
$94.25 M (USD)10as on Dec 31, 2022
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Net Profit
$2.12 M (USD)-90as on Dec 31, 2022
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
171
as on Dec 31, 2022
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Acquired by
HS Timber Group
(Jan 29, 2025)
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Products & Services of Kurekss
Kurekss offers a comprehensive portfolio of products and services, including Construction Materials, Laths, Terrace Boards, and Finishing Boards. 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.
Sawn timber products for structural applications in construction.
Roof laths ranging from 3.0 to 6.0 meters for roofing needs.
Dried and profiled boards for decking and outdoor use.
Profiled boards with tongue and groove for interior applications.
Funding Insights of Kurekss
| 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 Kurekss
Kurekss has secured backing from 1 investor. Prominent investors backing the company include HS Timber Group. 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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Processes wood into timber products for commercial clients worldwide with sustainability focus.
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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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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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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 Kurekss
| 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 - Kurekss
| 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 |
Kurekss Comparisons
Competitors of Kurekss
Kurekss 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 Interfor, Mannington, Stella-Jones, Weyerhaeuser and HASSLACHER, 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 |
Lumber is manufactured and supplied by Interfor in global markets.
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| domain | founded_year | HQ Location |
Provider of residential & commercial cleaning services
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| domain | founded_year | HQ Location |
Pressure-treated wood products are manufactured for industrial and utility applications.
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| domain | founded_year | HQ Location |
Manufacturer of timber lands, wood products, and other building materials
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| domain | founded_year | HQ Location |
Timber and wood products for buildings are manufactured.
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| domain | founded_year | HQ Location |
Trusses and engineered wood products are supplied by the company.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
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 Kurekss
Frequently Asked Questions about Kurekss
When was Kurekss founded?
Kurekss was founded in 1995.
Where is Kurekss located?
Kurekss is headquartered in Ventspils, Latvia.
How many employees does Kurekss have?
As of Dec 31, 2022, the latest employee count at Kurekss is 171.
What is the annual revenue of Kurekss?
Annual revenue of Kurekss is $94.25M as on Dec 31, 2022.
What does Kurekss do?
Kurekss was established in 1995 in Ventspils, Latvia, within the timber industry. Operations are centered on sawmills, where a variety of products including roof battens and decking are produced. Environmental protection is prioritized throughout the manufacturing process. The company has maintained activities in the region for over 25 years, supplying timber goods to domestic and international markets.
Who are the top competitors of Kurekss?
Kurekss's top competitors include Interfor, Mannington and Stella-Jones.
What products or services does Kurekss offer?
Kurekss offers Construction Materials, Laths, Terrace Boards, and Finishing Boards.
Who are Kurekss's investors?
Kurekss has 1 investor. Key investors include HS Timber Group.
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