Paneltex
About Paneltex
Paneltex is a company founded in 1991 was acquired by The Reefer Group in October 2025.. Paneltex operates in a competitive market with competitors including ZF, Cummins, Cooper Standard, Schaeffler and Valeo, among others.
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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
*********
- Legal Name Paneltex Limited
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Annual Revenue
$78.33 M (USD)-15as on Dec 31, 2022
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Net Profit
$-656.87 K (USD)-123as on Dec 31, 2022
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EBITDA
$-906.5 K (USD)-124as on Dec 31, 2022
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Latest Funding Round
$194.37 K (USD), Grant
Mar 29, 2021
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Investors
Humber LEP
& 1 more
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Employee Count
Employee Count
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Acquired by
The Reefer Group
(Oct 28, 2025)
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Funding Insights of Paneltex
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $194,374
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First Round
First Round
(29 Mar 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Grant - Paneltex | 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 Paneltex
Paneltex has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Humber LEP and The Reefer Group. 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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Business strategy consulting services are provided by Humber LEP.
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Founded Year | Domain | Location | |
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Refrigerated trucks and semi-trailers are designed, manufactured, and marketed.
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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 Paneltex
| 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 - Paneltex
| 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 |
Paneltex Comparisons
Competitors of Paneltex
Paneltex 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 ZF, Cummins, Cooper Standard, Schaeffler and Valeo, 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 |
Mobility systems are developed for cars, vehicles, and industrial uses.
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| domain | founded_year | HQ Location |
Manufacturer of gas-powered construction equipment
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| domain | founded_year | HQ Location |
Systems and components for the automotive industry are supplied worldwide.
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| domain | founded_year | HQ Location |
Manufacturer of bearings for the automotive industry
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| domain | founded_year | HQ Location |
Automotive products and services are supplied globally to automakers.
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| domain | founded_year | HQ Location |
Automotive cooling systems, pistons, and aftermarket components are manufactured.
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| 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 Paneltex
Frequently Asked Questions about Paneltex
When was Paneltex founded?
Paneltex was founded in 1991 and raised its 1st funding round 30 years after it was founded.
Who is the current CEO of Paneltex?
Chris Berridge is the current CEO of Paneltex.
What is the annual revenue of Paneltex?
Annual revenue of Paneltex is $78.33M as on Dec 31, 2022.
What does Paneltex do?
Paneltex was founded in 1991 as a manufacturer in the automotive sector. Body panels and related components are produced for various vehicle applications. Operations focus on fabrication and assembly processes tailored to industry standards. The company is led by CEO and Managing Director Chris Berridge. Based in the UK, as indicated by its domain, production activities support automotive repair and replacement markets without specified international expansions.
Who are the top competitors of Paneltex?
Paneltex's top competitors include Cummins, Valeo and Cooper Standard.
Who are Paneltex's investors?
Paneltex has 2 investors. Key investors include Humber LEP, and The Reefer Group.
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