About Nordic Traction Group
Nordic Traction Group is a company based in Loimaa (Finland) founded in 2012.. Nordic Traction Group offers products and services including Traction Chains, Forest Machine Tracks, and OFA Traction Chains. Nordic Traction Group operates in a competitive market with competitors including Airxcel, Nivel Parts, Nivel, Dafo and Uniparts India, among others.
- Headquarter Loimaa, Finland
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Nordic Traction Oy
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Accent Equity
& 1 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Nordic Traction Group
Nordic Traction Group offers a comprehensive portfolio of products and services, including Traction Chains, Forest Machine Tracks, and OFA Traction Chains. 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.
Chains that provide grip for forest and construction machines
Tracks designed for cut-to-length machines in forestry
Specialized chains for trucks and tractors ensuring longevity
Funding Insights of Nordic Traction Group
| 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 Nordic Traction Group
Nordic Traction Group has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Accent Equity and Max Sievert. 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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Accent Equity is engaged in private equity investments in Nordic companies.
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A corporate group focused on long-term ownership of profitable companies.
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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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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Nordic Traction Group
| 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 - Nordic Traction Group
| 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 |
Nordic Traction Group Comparisons
Competitors of Nordic Traction Group
Nordic Traction Group 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 Airxcel, Nivel Parts, Nivel, Dafo and Uniparts India, 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 |
HVAC products including air conditioners and heat pumps are manufactured.
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| domain | founded_year | HQ Location |
Aftermarket parts for golf carts and agricultural vehicles are manufactured.
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| domain | founded_year | HQ Location |
Nivel is engaged in manufacturing and distributing aftermarket parts.
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| domain | founded_year | HQ Location |
Manufacturer and supplier of fire detection and suppression systems for heavy vehicles
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| domain | founded_year | HQ Location |
Engineered systems and components are manufactured for off-highway vehicles.
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| domain | founded_year | HQ Location |
Engine, gearbox, steering, chassis, and electronics parts are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Nordic Traction Group
When was Nordic Traction Group founded?
Nordic Traction Group was founded in 2012.
Where is Nordic Traction Group located?
Nordic Traction Group is headquartered in Loimaa, Finland. It is registered at Loimaa, Varsinais-suomi, Finland.
Who is the current CEO of Nordic Traction Group?
Tero Jarvinen is the current CEO of Nordic Traction Group.
What does Nordic Traction Group do?
Nordic Traction Group was established in 2012 in Loimaa, Finland, within the manufacturing sector focused on automotive accessories. Operations center on the production of traction aids and chains designed to enhance vehicle mobility in challenging conditions. The company is led by CEO Tero Jarvinen, with activities primarily based in Finland to serve regional and international markets in transportation and logistics.
Who are the top competitors of Nordic Traction Group?
Nordic Traction Group's top competitors include Airxcel, Uniparts India and Worksport.
What products or services does Nordic Traction Group offer?
Nordic Traction Group offers Traction Chains, Forest Machine Tracks, and OFA Traction Chains.
Who are Nordic Traction Group's investors?
Nordic Traction Group has 2 investors. Key investors include Accent Equity, and Max Sievert.
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