About Plasman
Plasman is a company based in Windsor (Canada) founded in 1978 was acquired by MiddleGround Capital in October 2021.. The company has 820 employees as of December 31, 2024. Plasman has completed 1 acquisition, including Minghua USA. Plasman offers products and services including Assembly Services, Design and Engineering, Exterior Trim, Molding, and Surface Finishing. Plasman operates in a competitive market with competitors including Ranger Design, FortNine, Vast-Auto Distribution, Automotive Properties REIT and CanadaWheels, among others.
- Headquarter Windsor, Canada
- Employees 820 as on 31 Dec, 2024
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Plasman Corp. Llc
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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
Insight Equity
& 1 more
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Employee Count
820
as on Dec 31, 2024
- Investments & Acquisitions
- Acquired by
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Products & Services of Plasman
Plasman offers a comprehensive portfolio of products and services, including Assembly Services, Design and Engineering, Exterior Trim, Molding, and Surface Finishing. 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.
Automated systems for automotive part assembly
Engineering solutions for automotive components worldwide
Specialized trim for vehicle exteriors and systems
Plastic part manufacturing for automotive applications
Value-added solutions for automotive surfaces
Expert tooling for manufacturing processes
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Funding Insights of Plasman
| 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 Plasman
Plasman has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Insight Equity and MiddleGround 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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Insight Equity is focused on middle market private equity investments.
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Founded Year | Domain | Location | |
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MiddleGround Capital is engaged in middle market private equity investments.
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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 Plasman
Plasman has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Minghua USA. 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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Retailer of auto parts
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2016 |
| 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 - Plasman
| 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 |
Plasman Comparisons
Competitors of Plasman
Plasman 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 Ranger Design, FortNine, Vast-Auto Distribution, Automotive Properties REIT and CanadaWheels, 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 |
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| domain | founded_year | HQ Location |
Fleet upfit solutions and vehicle organization systems are provided.
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| domain | founded_year | HQ Location |
Bike gears and accessories are retailed online by FortNine.
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| domain | founded_year | HQ Location |
Provider of automotive spare parts
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| domain | founded_year | HQ Location |
Distributor of automotive parts and real estate investment trust
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| domain | founded_year | HQ Location |
Online retailer of auto parts & accessories
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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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Latest news on Plasman
Frequently Asked Questions about Plasman
When was Plasman founded?
Plasman was founded in 1978.
Where is Plasman located?
Plasman is headquartered in Windsor, Canada. It is registered at Windsor, Ontario, Canada.
How many employees does Plasman have?
As of Dec 31, 2024, the latest employee count at Plasman is 820.
What does Plasman do?
Plasman was founded in 1978 and is headquartered in Windsor, Canada. Operations focus on the manufacturing of automotive components and accessories within the automotive sector. Production processes are centered on precision engineering for vehicle parts, serving global automotive supply chains. Facilities are maintained primarily in North America, with emphasis on quality standards and supply chain integration for original equipment manufacturers.
Who are the top competitors of Plasman?
Plasman's top competitors include Ranger Design, Automotive Properties REIT and Parts for Trucks.
What products or services does Plasman offer?
Plasman offers Assembly Services, Design and Engineering, Exterior Trim, Molding, and 2 more products and services.
How many acquisitions has Plasman made?
Plasman has made 1 acquisition, including Minghua USA.
Who are Plasman's investors?
Plasman has 2 investors. Key investors include Insight Equity, and MiddleGround Capital.
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