About Norican Group
Norican Group is a company based in Copenhagen (Denmark) founded in 2008 was acquired by Altor Equity Partners in March 2015.. The company has 218 employees as of April 04, 2024. Norican Group has completed 2 acquisitions, including Light Metal Casting Solutions Group and Simpson Technologies. Norican Group offers products and services including Foundry Equipment and Digital Solutions.
- Headquarter Copenhagen, Denmark
- Employees 218 as on 04 Apr, 2024
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Phone
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Website
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Social
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- Legal Name Disa India Limited
- Date of Incorporation 25 May, 1984
- Jurisdiction Malleswaram Rajajinagar Bangalore, Karnataka, India
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Annual Revenue
$32.76 M (USD)2.28as on Mar 31, 2023
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Net Profit
$3.58 M (USD)-22.86as on Mar 31, 2023
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EBITDA
$4.19 M (USD)-24.31as on Mar 31, 2023
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Latest Funding Round
$31.24 K (USD), Grant
Mar 20, 2023
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Investors
Portál veřejné správy
& 1 more
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Employee Count
218
as on Apr 04, 2024
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Investments & Acquisitions
Light Metal Casting Solutions Group
& 1 more
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Acquired by
Altor Equity Partners
(Mar 03, 2015)
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Products & Services of Norican Group
Norican Group offers a comprehensive portfolio of products and services, including Foundry Equipment and Digital 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.
Equipment for the production and treatment of metal parts is utilized in foundries
AI-driven tools for addressing scrap and automating processes in metal industries are offered
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Sales and Marketing
13 people
Finance and Accounting
7 people
Human Resources and Administration
6 people
Leadership Team
4 people
Software Development Team
3 people
Customer Team
2 people
Assistant Team
2 people
Legal and Compliance
1 people
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Funding Insights of Norican Group
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $31,243
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First Round
First Round
(20 Mar 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Grant - Norican Group | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Norican Group
Norican Group has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Portál veřejné správy and Altor. 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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Altor is engaged in private equity investments across multiple sectors.
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Founded Year | Domain | Location | |
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A digital platform for public administration services in Czech Republic.
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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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Founded Year | Domain | Location | |
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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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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Norican Group
Norican Group has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Light Metal Casting Solutions Group and Simpson Technologies. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Manufacturer of equipments forlight metal casting industry
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2017 | ||||
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Provider of batch, continuous high intensity mixing equipment, and molding sand coolers
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1912 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Norican Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Norican Group Comparisons
Competitors of Norican Group
| 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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Latest news on Norican Group
Frequently Asked Questions about Norican Group
When was Norican Group founded?
Norican Group was founded in 2008 and raised its 1st funding round 15 years after it was founded.
Where is Norican Group located?
Norican Group is headquartered in Copenhagen, Denmark.
Who is the current CEO of Norican Group?
Anders Wilhjelm is the current CEO of Norican Group.
How many employees does Norican Group have?
As of Apr 04, 2024, the latest employee count at Norican Group is 218.
What is the annual revenue of Norican Group?
Annual revenue of Norican Group is $32.76M as on Mar 31, 2023.
What does Norican Group do?
Norican Group was founded in 2008 and is headquartered in Copenhagen, Denmark. Equipment and services for aluminum foundry and general foundry processes are offered by the company. These solutions are applied in industries ranging from consumer goods to infrastructure. A global network of engineering and service teams is maintained to support production operations. Focus is placed on efficiency, quality, and sustainability in metal parts manufacturing.
What products or services does Norican Group offer?
Norican Group offers Foundry Equipment and Digital Solutions.
How many acquisitions has Norican Group made?
Norican Group has made 2 acquisitions, including Light Metal Casting Solutions Group, and Simpson Technologies.
Who are Norican Group's investors?
Norican Group has 2 investors. Key investors include Portál veřejné správy, and Altor.