About Orthex Group
Orthex Group is a company based in Espoo (Finland) founded in 2011 was acquired by Sponsor Capital in December 2015.. The company has 288 employees as of December 31, 2024. Orthex Group has completed 2 acquisitions, including Hammarplast Consumer and Sveico. Orthex Group offers products and services including Storage Boxes and Kitchen Utensils.
- Headquarter Espoo, Finland
- Employees 288 as on 31 Dec, 2024
- Stage Public
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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 Orthex Oyj
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Annual Revenue
$93.22 M (USD)4.41as on Dec 31, 2024
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Net Profit
$6.35 M (USD)-11.35as on Dec 31, 2024
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EBITDA
$14.79 M (USD)1.11as on Dec 31, 2024
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Latest Funding Round
$660.79 K (USD), Grant
Dec 01, 2022
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Investors
European Union
& 1 more
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Employee Count
288
as on Dec 31, 2024
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Investments & Acquisitions
Hammarplast Consumer
& 1 more
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Acquired by
Sponsor Capital
(Dec 22, 2015)
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IPO & Listings of Orthex Group
Orthex Group is a publicly listed company on the OMXHEX with ticker symbol ORTHEX in Finland, operating in the Consumer durables 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.
Products & Services of Orthex Group
Orthex Group offers a comprehensive portfolio of products and services, including Storage Boxes and Kitchen Utensils. 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.
Storage boxes are produced for organizing household items, with options like SmartStore™ Classic that incorporate durable and sustainable features.
Kitchen utensils are manufactured for food preparation, including items made from bio-based materials that enhance functionality while reducing environmental impact.
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Funding Insights of Orthex Group
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $660,789
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First Round
First Round
(01 Dec 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Grant - Orthex 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 Orthex Group
Orthex Group has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and Sponsor Capital. 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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A Finnish private equity firm focused on majority investments.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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.
|
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 Orthex Group
Orthex Group has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Hammarplast Consumer and Sveico. 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.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Household products are manufactured on a contract basis.
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1947 | ||||
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Plastic storage solutions and kitchenware are manufactured in Sweden.
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0 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Orthex 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 |
Orthex Group Comparisons
Competitors of Orthex Group
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Orthex Group
Frequently Asked Questions about Orthex Group
When was Orthex Group founded?
Orthex Group was founded in 2011 and raised its 1st funding round 11 years after it was founded.
Where is Orthex Group located?
Orthex Group is headquartered in Espoo, Finland.
How many employees does Orthex Group have?
As of Dec 31, 2024, the latest employee count at Orthex Group is 288.
What is the annual revenue of Orthex Group?
Annual revenue of Orthex Group is $93.22M as on Dec 31, 2024.
What does Orthex Group do?
Orthex Group was founded in 2011 and is based in Espoo, Finland. Operations center on manufacturing in the consumer goods sector, with storage solutions like boxes, baskets, and organizers produced alongside kitchen utensils, tableware, plant care items, and laundry products. Recycled plastics and bio-based materials are utilized throughout production to support sustainability. Established brand names are applied to various product lines.
What products or services does Orthex Group offer?
Orthex Group offers Storage Boxes and Kitchen Utensils.
Is Orthex Group publicly traded?
Yes, Orthex Group is publicly traded on OMXHEX under the ticker symbol ORTHEX.
How many acquisitions has Orthex Group made?
Orthex Group has made 2 acquisitions, including Hammarplast Consumer, and Sveico.
Who are Orthex Group's investors?
Orthex Group has 2 investors. Key investors include European Union, and Sponsor Capital.
What is Orthex Group's ticker symbol?
The ticker symbol of Orthex Group is ORTHEX on OMXHEX.
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