About MAGNUM+
MAGNUM+ is a Transportation, Automotive & Logistics company based in United States founded in 2000, and was acquired by Martins Industries in November 2019. Auto parts and accessories are retailed online by MAGNUM. MAGNUM+ offers products and services including MAGNUM+ Tire balancing beads. Its focus areas include Auto, Auto Retail & Aftersales, Parts & Accessories and B2C. Its legal entity is Martins Industries. Its competitors include Advance Auto Parts, Hopkins and Motorcar Parts; 1 of its 3 listed competitors has raised funding.
Company details
MAGNUM was established in 2000 in the United States as an online retailer focused on the automotive sector. Operations are centered on e-commerce through the domain magnumbalance.com, where a variety of auto parts and accessories are offered to customers. Services include product sourcing, inventory management, and nationwide shipping within the domestic market. The company maintains a presence in the competitive online retail landscape for vehicle-related components.
- Headquarters United States
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Website magnumbalance.com/en-us
- Social LinkedIn X Facebook
- Acquired by Martins Industries (Nov 2019)
- Legal Name Martins Industries
- Investors
- Acquired byMartins Industries
(Nov 2019)
Products & Services of MAGNUM+
MAGNUM+ offers a comprehensive portfolio of products and services, including MAGNUM+ Tire balancing beads.
Self-adjusting beads that balance tires for better fuel efficiency and reduced vibration.
Investors in MAGNUM+
MAGNUM+ has secured backing from 1 investor. Prominent investors backing the company include Martins Industries.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Produces tyre racks, inflators, and handling tools for automotive maintenance. | 1987 | martinsindustries.com | Oud Gastel, Netherlands |
Investor details for MAGNUM
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Timeline of MAGNUM+
2 dated milestones of MAGNUM+ across 19 years, from founding to its latest funding, stage changes and deals.
- Founded MAGNUM+ is founded.
- Exit Acquired by Martins Industries.
Competitors of MAGNUM+
MAGNUM+ has 3 listed competitors in our database, 1 of them funded. They include Advance Auto Parts, Hopkins and Motorcar Parts.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| advanceautoparts.com | 1932 | Roanoke, United States | 40,000 | Automotive parts and accessories are retailed to aftermarket dealers. | ||
| hopkinsmfg.com | 1997 | Emporia, United States | $25M | Hopkins is recognized as a leading manufacturer of automotive aftermarket products. | ||
| motorcarparts.com | 2000 | Torrance, United States | 5,600 | Automotive components are manufactured and supplied by Motorcar Parts. |
Detailed competitors of MAGNUM
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Web traffic of MAGNUM+
The website of MAGNUM+ (magnumbalance.com) receives about 1.8K visits a month.
- Monthly visits1.8K
▲ 11.5% vs previous month
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Related news about Magnum+
Complete news archive for MAGNUM
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Frequently Asked Questions about MAGNUM+
MAGNUM+ was founded in 2000.
MAGNUM+ is headquartered in United States.
MAGNUM was established in 2000 in the United States as an online retailer focused on the automotive sector. Operations are centered on e-commerce through the domain magnumbalance.com, where a variety of auto parts and accessories are offered to customers. Services include product sourcing, inventory management, and nationwide shipping within the domestic market. The company maintains a presence in the competitive online retail landscape for vehicle-related components.
MAGNUM+'s top competitors include Advance Auto Parts, Motorcar Parts and Hopkins.
MAGNUM+ offers MAGNUM+ Tire balancing beads.
MAGNUM+ has 1 investor. Key investors include Martins Industries.
MAGNUM+ operates through Martins Industries.
Yes. MAGNUM+ was acquired by Martins Industries in November 2019.