About Plastiflex
Plastiflex is a company based in Beringen (Belgium) founded in 1953 by Lewis Herrmann was acquired by IK Partners in October 2021. Plastiflex has raised $138.16 thousand across 1 funding round from investors including IK Partners and IFU. The company has 24 employees as of December 31, 2024. Plastiflex has completed 1 acquisition, including Smoothbor Plastics. Plastiflex offers products and services including Plastic Hoses, Tubing Systems, and Custom Components. Plastiflex operates in a competitive market with competitors including Vyaire, Third Pole Therapeutics, Resvent, OmniSpirant and Ventec Life Systems, among others.
- Headquarter Beringen, Belgium
- Employees 24 as on 31 Dec, 2024
- Founders Lewis Herrmann
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Sectors
Healthcare
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Email
Locked
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Phone
Locked
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Website
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Social
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- Legal Name Plastiflex Group N.V.
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Annual Revenue
$23.43 M (USD)9as on Dec 31, 2024
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Net Profit
$6.29 M (USD)-38as on Dec 31, 2024
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EBITDA
$6.48 M (USD)-36as on Dec 31, 2024
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Total Equity Funding
$138.16 K (USD)
in 1 rounds
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Latest Funding Round
$138.16 K (USD), Private Equity Round
Jun 01, 2007
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Investors
IK Partners
& 1 more
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Employee Count
24
as on Dec 31, 2024
- Investments & Acquisitions
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Acquired by
IK Partners
(Oct 27, 2021)
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Products & Services of Plastiflex
Plastiflex offers a comprehensive portfolio of products and services, including Plastic Hoses, Tubing Systems, and Custom Components.
Custom hoses for fluid transport in various applications.
Systems designed for specific fluid handling needs.
Parts for healthcare and industrial fluid transport.
People of Plastiflex
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Funding Insights of Plastiflex
Plastiflex has successfully raised a total of $138.16K through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $138.16 thousand completed in June 2007. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Plastiflex
Plastiflex has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include IK Partners and IFU.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investment firm
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Private equity investments are directed toward small and medium-sized businesses.
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Investor details for Plastiflex
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Investments & Acquisitions by Plastiflex
Plastiflex has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Smoothbor Plastics.
Investment portfolio details for Plastiflex
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Manufacturer of corrugated hose and tubing for medical and consumer applications
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Locked | Locked | 2001 | Locked |
Complete acquisition details for Plastiflex
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Financial Statements - Plastiflex
Detailed financials for Plastiflex
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Plastiflex Comparisons
Peer comparison for Plastiflex
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Competitors of Plastiflex
Plastiflex 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 Vyaire, Third Pole Therapeutics, Resvent, OmniSpirant and Ventec Life Systems, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Respiratory devices for diagnostics, ventilation, and patient monitoring are developed.
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Developer of devices for cardiopulmonary therapies
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A suite of respiratory healthcare devices is developed.
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Developing inhaled regenerative gene therapy for cystic fibrosis and COPD
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Respiratory devices for ICU settings are developed and manufactured.
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Detailed competitors of Plastiflex
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Latest news on Plastiflex
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Frequently Asked Questions about Plastiflex
Plastiflex was founded in 1953 and raised its 1st funding round 54 years after it was founded.
Plastiflex is headquartered in Beringen, Belgium.
Piet Gruwez is the current CEO of Plastiflex.
Plastiflex is a funded company, having raised a total of $138.16K across 1 funding round to date.
As of Dec 31, 2024, the latest employee count at Plastiflex is 24.
Annual revenue of Plastiflex is $23.43M as on Dec 31, 2024.
Founded in 1953 in Beringen, Belgium, the company focuses on the development and manufacturing of hose systems and components. Precision-engineered products are supplied to sectors including healthcare, industrial equipment, floor care, home appliances, and pool and spa systems. Operations emphasize quality engineering for diverse applications, with a global reach supported by the companys established base in Europe.
Plastiflex's top competitors include Vyaire, Third Pole Therapeutics and Ventec Life Systems.
Plastiflex offers Plastic Hoses, Tubing Systems, and Custom Components.
Plastiflex has made 1 acquisition, including Smoothbor Plastics.
Plastiflex has 2 investors. Key investors include IK Partners, and IFU.