About Produal
Produal is a company based in Kotka (Finland) founded in 1987 was acquired by Latour in June 2015.. Produal has completed 2 acquisitions, including HK Instruments and SyxthSense.
- Headquarter Kotka, Finland
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Email
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Phone
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Website
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Social
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- Legal Name Maine Potato Growers, Inc
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Annual Revenue
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Net Profit
$874.36 K (USD)-8as on Dec 31, 2022
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EBITDA
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Latest Funding Round
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Investors
Latour
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
HK Instruments
& 1 more
- Acquired by
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Funding Insights of Produal
| 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 Produal
Produal has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Latour and Vaaka Partners. 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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Capital is provided for industrial sector growth and buyouts.
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Founded Year | Domain | Location | |
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Vaaka Partners is engaged in private equity investment management.
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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 Produal
Produal has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include HK Instruments and SyxthSense. 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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IoT devices including controllers, sensors, and automation solutions are provided.
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2002 | ||||
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Industrial automation equipment is designed and manufactured in Finland.
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1987 |
| 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 - Produal
| 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 |
Produal Comparisons
Competitors of Produal
| 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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Frequently Asked Questions about Produal
When was Produal founded?
Produal was founded in 1987.
Where is Produal located?
Produal is headquartered in Kotka, Finland. It is registered at Kotka, Kymenlaakso, Finland.
Who is the current CEO of Produal?
Anselmi Immonen is the current CEO of Produal.
What does Produal do?
Produal was established in 1987 in Kotka, Finland, within the building automation sector. Operations center on delivering projects and services for building control systems. Automation solutions are tailored for efficiency in commercial and residential structures. The company is led by CEO Anselmi Immonen, with activities primarily conducted in Finland to support infrastructure needs. Focus remains on technical implementation and maintenance.
How many acquisitions has Produal made?
Produal has made 2 acquisitions, including HK Instruments, and SyxthSense.
Who are Produal's investors?
Produal has 2 investors. Key investors include Latour, and Vaaka Partners.
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