About Porsche Engineering Group
Porsche Engineering Group is a company based in Weissach (Germany) founded in 1931 was acquired by Magna in August 2006.. The company has 245,700 employees as of December 31, 2019. Porsche Engineering Group operates in a competitive market with competitors including Grammer, InTiCa Systems, Max Holder, Glasurit and R+S Automotive, among others.
- Headquarter Weissach, Germany
- Employees 245700 as on 31 Dec, 2019
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
245700
as on Dec 31, 2019
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Acquired by
Magna
(Aug 03, 2006)
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Funding Insights of Porsche Engineering Group
| 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 Porsche Engineering Group
Porsche Engineering Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Magna International. 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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Automotive components are manufactured and supplied to OEMs.
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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 Porsche Engineering Group
| 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 - Porsche Engineering 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 |
Porsche Engineering Group Comparisons
Competitors of Porsche Engineering Group
Porsche Engineering Group 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 Grammer, InTiCa Systems, Max Holder, Glasurit and R+S Automotive, 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 |
Interior components are manufactured and supplied to aftermarket sectors.
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| domain | founded_year | HQ Location |
Retailer of aftermarket auto-parts & accessories
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| domain | founded_year | HQ Location |
Vehicle rental and automotive parts are provided by Max Holder.
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| domain | founded_year | HQ Location |
Offers high-quality paints and refinish systems for automotive body shops globally.
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| domain | founded_year | HQ Location |
Manufacturer of automotive spare parts
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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 Porsche Engineering Group
Frequently Asked Questions about Porsche Engineering Group
When was Porsche Engineering Group founded?
Porsche Engineering Group was founded in 1931.
Where is Porsche Engineering Group located?
Porsche Engineering Group is headquartered in Weissach, Germany. It is registered at Weissach, Baden-wurttemberg, Germany.
How many employees does Porsche Engineering Group have?
As of Dec 31, 2019, the latest employee count at Porsche Engineering Group is 245,700.
What does Porsche Engineering Group do?
Porsche Engineering Group, founded in 1931 in Weissach, Germany, focuses on auto, auto retail aftersales, parts accessories, b2c, and diversified. Manufacturer of automotive. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of Porsche Engineering Group?
Porsche Engineering Group's top competitors include Grammer, InTiCa Systems and Max Holder.
Who are Porsche Engineering Group's investors?
Porsche Engineering Group has 1 investor. Key investors include Magna International.
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