MICO

Minneapolis, United States Founded: 1946 • Age: 80 yrs Acquired By WABCO
Manufacturer and supplier of brake systems and hydraulic components
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About MICO

MICO is a company based in Minneapolis (United States) founded in 1946 was acquired by WABCO in February 2016.. The company has 240 employees as of December 31, 2015. MICO offers products and services including Brakes, Brake Actuation, Valves, Controls / EH, and Related Products. MICO operates in a competitive market with competitors including Knorr-Bremse, Brembo, TMD Friction, Surface Transforms and Haldex, among others.

  • Headquarter Minneapolis, United States
  • Employees 240 as on 31 Dec, 2015
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mico, Inc.
Operational Areas
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    240

    as on Dec 31, 2015

  • Acquired by
    WABCO

    (Feb 02, 2016)

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Products & Services of MICO

MICO offers a comprehensive portfolio of products and services, including Brakes, Brake Actuation, Valves, Controls / EH, and Related Products. 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

Braking systems for off-highway machines to ensure safety and control.

Actuation mechanisms for effective braking in tough environments.

Valves that regulate fluid flow in off-highway machinery operations.

Controls for managing hydraulic functions in industrial applications.

Additional parts that enhance off-highway machine performance and durability.

People of MICO
Headcount 10000+
Employee Profiles 5
Employee Profiles
People
Cornel Cristea
Director Global Engineering Operations Director Global Sales And Marketing
People
Nicholas Schweisthal
Product Engineer
People
Bryce Tillman
Product Group Engineer

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Funding Insights of MICO

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 MICO

MICO has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include ZF Commercial Vehicle Solutions. 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
Braking systems and chassis components are designed, manufactured, and supplied.
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 MICO

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

Financial Statements - MICO

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

Mico Comparisons

Employees
+
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Competitors of MICO

MICO 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 Knorr-Bremse, Brembo, TMD Friction, Surface Transforms and Haldex, 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
Manufacturer and supplier of braking systems to OEMs
domain founded_year HQ Location
Provide design, development, and production of braking systems
domain founded_year HQ Location
Brake friction materials are manufactured for automotive and industrial uses.
domain founded_year HQ Location
Surface Transforms is engaged in manufacturing carbon ceramic brakes.
domain founded_year HQ Location
Manufacturer and supplier of brake & air suspension components to OEMs and aftermarket
domain founded_year HQ Location
Automotive smart braking, wire, and chassis domain controllers 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.

Latest news on Mico

Frequently Asked Questions about MICO

When was MICO founded?

MICO was founded in 1946.

Where is MICO located?

MICO is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.

How many employees does MICO have?

As of Dec 31, 2015, the latest employee count at MICO is 240.

What does MICO do?

MICO was founded in 1946 and is headquartered in Minneapolis, United States. Brake systems, actuation components, valves, electrohydraulic units, sensors, switches, ratchet handles, and related parts are produced for commercial and service vehicles. Additional components are supplied for agricultural machinery, airport support equipment, heavy construction, material handling, marine applications, military uses, mining operations, and other industrial sectors.

Who are the top competitors of MICO?

MICO's top competitors include Knorr-Bremse, Brembo and Surface Transforms.

What products or services does MICO offer?

MICO offers Brakes, Brake Actuation, Valves, Controls / EH, and Related Products.

Who are MICO's investors?

MICO has 1 investor. Key investors include ZF Commercial Vehicle Solutions.

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