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
***********
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Phone
*********
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Website
*********
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Social
*********
- 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. 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.
Custom hoses for fluid transport in various applications.
Systems designed for specific fluid handling needs.
Parts for healthcare and industrial fluid transport.
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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 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Private Equity Round — $138,164
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First Round
First Round
(01 Jun 2007)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2007 | Amount | Private Equity Round - Plastiflex | Valuation | IFU |
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| 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 Plastiflex
Plastiflex has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include IK Partners and IFU. 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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Private equity investment firm
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Founded Year | Domain | Location | |
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Private equity investments are directed toward small and medium-sized businesses.
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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 Plastiflex
Plastiflex has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Smoothbor Plastics. 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 corrugated hose and tubing for medical and consumer applications
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2001 |
| 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 - Plastiflex
| 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 |
Plastiflex Comparisons
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. 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 |
Respiratory devices for diagnostics, ventilation, and patient monitoring are developed.
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| domain | founded_year | HQ Location |
Developer of devices for cardiopulmonary therapies
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| domain | founded_year | HQ Location |
A suite of respiratory healthcare devices is developed.
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| domain | founded_year | HQ Location |
Developing inhaled regenerative gene therapy for cystic fibrosis and COPD
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| domain | founded_year | HQ Location |
Respiratory devices for ICU settings are developed and 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 Plastiflex
Frequently Asked Questions about Plastiflex
When was Plastiflex founded?
Plastiflex was founded in 1953 and raised its 1st funding round 54 years after it was founded.
Where is Plastiflex located?
Plastiflex is headquartered in Beringen, Belgium.
Who is the current CEO of Plastiflex?
Piet Gruwez is the current CEO of Plastiflex.
Is Plastiflex a funded company?
Plastiflex is a funded company, having raised a total of $138.16K across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $138.16K, raised on Jun 01, 2007.
How many employees does Plastiflex have?
As of Dec 31, 2024, the latest employee count at Plastiflex is 24.
What is the annual revenue of Plastiflex?
Annual revenue of Plastiflex is $23.43M as on Dec 31, 2024.
What does Plastiflex do?
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.
Who are the top competitors of Plastiflex?
Plastiflex's top competitors include Vyaire, Third Pole Therapeutics and Ventec Life Systems.
What products or services does Plastiflex offer?
Plastiflex offers Plastic Hoses, Tubing Systems, and Custom Components.
How many acquisitions has Plastiflex made?
Plastiflex has made 1 acquisition, including Smoothbor Plastics.
Who are Plastiflex's investors?
Plastiflex has 2 investors. Key investors include IK Partners, and IFU.
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