Neo Material Technologies

Toronto, Canada Founded: 2006 • Age: 20 yrs Acquired By Luxfer
Engineered materials are supplied to industrial sectors worldwide.
Annual revenue $453.1M Latest available
Total funding - Funding intelligence
Employees 1800 Tracked headcount
Investors 2 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Neo Material Technologies

Neo Material Technologies is a company based in Toronto (Canada) founded in 2006 was acquired by Luxfer in December 2018. The company has 1,800 employees as of December 31, 2024. Neo Material Technologies has completed 1 acquisition, including SG Technologies. Neo Material Technologies offers products and services including Magnequench, Chemicals and Oxides, Rare Metals, and Water Purification Products. Neo Material Technologies operates in a competitive market with competitors including Zedify, TU Eindhoven, ClearFlame, Garrett Motion and ULEMCo, among others.

  • Headquarter Toronto, Canada
  • Employees 1800 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Environment
    Chemicals & Materials
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Neo Performance Materials, Inc.
Operational Areas
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Chemicals & Materials → Advanced & Functional Materials Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $453.06 M (USD)
    -15.5
    as on Dec 31, 2024
  • Net Profit
    -$12.33 M (USD)
    -55.66
    as on Dec 31, 2024
  • EBITDA
    $48.73 M (USD)
    85.68
    as on Dec 31, 2024
  • Latest Funding Round
    Not available
  • Investors
    Luxfer

    & 1 more

  • Employee Count
    1800

    as on Dec 31, 2024

  • Investments & Acquisitions
  • Acquired by
    Luxfer

    & 1 more

    (Dec 18, 2018)

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IPO & Listings of Neo Material Technologies

Neo Material Technologies is a publicly listed company on the TSX with ticker symbol NEO in Canada, 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: TSX · Ticker: NEO · Sector: Producer manufacturing · Canada

Products & Services of Neo Material Technologies

Neo Material Technologies offers a comprehensive portfolio of products and services, including Magnequench, Chemicals and Oxides, Rare Metals, and Water Purification Products.

Product name locked
Category locked
Primary

Materials for high-efficiency motors and automation applications

Product name locked
Category locked
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Used in automotive catalysts and electronics components

Product name locked
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Supports water purification and consumer electronics technologies

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Enables air and water pollution control systems

People of Neo Material Technologies

Headcount 1000-5000
Employee Profiles 6
Board Members and Advisors 5
Employee Profiles
People
Rahim Suleman
President & CEO
People
Jonathan Baksh
EVP & CFO
People
Kevin D. Morris
EVP & CSO
People
Mohamad El-Mahmoud
Executive Vice President

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Board Members and Advisors
people
Edgar Lee
Chair of the Board of Directors
people
Eric Noyrez
Lead Director
people
G. Gail Edwards
Director

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Funding Insights of Neo Material Technologies

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Detailed funding history for Neo Material Technologies

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Investors in Neo Material Technologies

Neo Material Technologies has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Luxfer and Molycorp.

All
Institutional
Investor Description Founded Year Domain Location
Rare Earth Elements Mining
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Manufacturer of engineered advanced materials and high-pressure gas cylinders
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Investor details for Neo Material Technologies

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Investments & Acquisitions by Neo Material Technologies

Neo Material Technologies has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SG Technologies.

Investments
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Investment portfolio details for Neo Material Technologies

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Magnetic components are manufactured and supplied to Tier 1 OEMs.
Locked Locked 1940 Locked
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Complete acquisition details for Neo Material Technologies

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Financial Statements - Neo Material Technologies

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Detailed financials for Neo Material Technologies

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Neo Material Technologies Comparisons

Neo Material Technologies Primary company
Description
Engineered materials are supplied to industrial sectors worl...
Location
Toronto, Canada
Founded Year
2006
Annual Revenue
$453.06 M (USD)
Net Profit
-$12.33 M (USD)
EBITDA
$48.73 M (USD)
Employees
1,800
As of 2024
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Peer comparison for Neo Material Technologies

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Competitors of Neo Material Technologies

Neo Material Technologies 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 Zedify, TU Eindhoven, ClearFlame, Garrett Motion and ULEMCo, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Zero-emission last mile delivery solutions are provided to businesses.
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University offering multiple courses and degrees across diversified streams
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Carbon reduction solutions are provided for industrial sectors worldwide.
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Developer of turbocharging, electric boosting and connected vehicle systems
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Low-emission hydrogen-fueled vehicles are manufactured by converting diesel commercial trucks.
Locked Locked Locked
Software solutions for fuel saving in engines are developed.
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Detailed competitors of Neo Material Technologies

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Latest news on Neo Material Technologies

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Complete news archive for Neo Material Technologies

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Frequently Asked Questions about Neo Material Technologies

Neo Material Technologies was founded in 2006.

Neo Material Technologies is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

As of Dec 31, 2024, the latest employee count at Neo Material Technologies is 1,800.

Annual revenue of Neo Material Technologies is $453.06M as on Dec 31, 2024.

Neo Material Technologies was founded in 2006 and is headquartered in Toronto, Canada. Advanced engineered materials are provided by the company for applications in electronics, automotive, and renewable energy sectors. Operations focus on sourcing, processing, and distributing rare earth elements and other specialized materials. Global clients are served through established supply chains, with emphasis placed on quality control and technical support in the materials technology industry.

Neo Material Technologies's top competitors include Zedify, Remora and ULEMCo.

Neo Material Technologies offers Magnequench, Chemicals and Oxides, Rare Metals, and Water Purification Products.

Yes, Neo Material Technologies is publicly traded on TSX under the ticker symbol NEO.

Neo Material Technologies has made 1 acquisition, including SG Technologies.

Neo Material Technologies has 2 investors. Key investors include Luxfer, and Molycorp.

The ticker symbol of Neo Material Technologies is NEO on TSX.

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