Meteor

Bockenem, Germany Founded: 1951 • Age: 75 yrs Acquired By AEQUITA
Optimum sealing solutions are developed for individual applications.
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About Meteor

Meteor is a company based in Bockenem (Germany) founded in 1951 was acquired by AEQUITA in November 2019. It operates as a B2B2C. The company has 254 employees as of December 31, 2021. Meteor has completed 1 acquisition, including Creative Extruded Products. Meteor offers products and services including Automotive Sealing Systems, Industrial Sealing Profiles, and Compounding Solutions.

  • Headquarter Bockenem, Germany
  • Employees 254 as on 31 Dec, 2021
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Meteor Sealing Systems, Inc
Operational Areas
Industrial Goods & Manufacturing → Contract & Custom Manufacturing
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $565.29 K (USD), Grant

    Aug 13, 2021

  • Investors
    BAFA

    & 1 more

  • Employee Count
    254

    as on Dec 31, 2021

  • Investments & Acquisitions
  • Acquired by
    AEQUITA

    (Nov 26, 2019)

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Products & Services of Meteor

Meteor offers a comprehensive portfolio of products and services, including Automotive Sealing Systems, Industrial Sealing Profiles, and Compounding Solutions. 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.

Primary

High-performance sealing systems are developed for automotive industry.

Tailor-made sealing solutions are provided for various industries.

Custom mixture recipes are created for specific requirements.

Funding Insights of Meteor

  • Total Funding
  • Total Rounds 1
  • Last Round Grant — $565,288
  • First Round

    (13 Aug 2021)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2021 Amount Grant - Meteor 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 Meteor

Meteor has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include BAFA and AEQUITA. 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
Institutional
Investor Description Founded Year Domain Location
Business and energy news is delivered via an online platform.
Founded Year Domain Location
Mid-sized companies are supported in transformation by AEQUITA.
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 Meteor

Meteor has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Creative Extruded Products. 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
Extrusion solutions are manufactured and supplied for OEMs and aftermarket.
1979
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 - Meteor

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

Meteor Comparisons

Employees
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Competitors of Meteor

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.

Latest news on Meteor

Frequently Asked Questions about Meteor

When was Meteor founded?

Meteor was founded in 1951 and raised its 1st funding round 70 years after it was founded.

Where is Meteor located?

Meteor is headquartered in Bockenem, Germany. It is registered at Bockenem, Lower Saxony, Germany.

Who is the current CEO of Meteor?

Christian Schneider is the current CEO of Meteor.

How many employees does Meteor have?

As of Dec 31, 2021, the latest employee count at Meteor is 254.

What does Meteor do?

Tailor-made sealing solutions are provided by Meteor for automotive and industrial sectors. High-performance systems are developed using advanced manufacturing processes and material innovations. Solutions are customized through compounding and elastomer expertise. Partnerships with major automotive brands are maintained for system development. A wide range of industries are served with reliable and effective profiles.

What products or services does Meteor offer?

Meteor offers Automotive Sealing Systems, Industrial Sealing Profiles, and Compounding Solutions.

How many acquisitions has Meteor made?

Meteor has made 1 acquisition, including Creative Extruded Products.

Who are Meteor's investors?

Meteor has 2 investors. Key investors include BAFA, and AEQUITA.

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