Recticel

Brussels, Belgium Founded: 1778 • Age: 248 yrs
Foams are manufactured by Recticel for insulation and technical uses.
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About Recticel

Recticel is a company based in Brussels (Belgium) founded in 1778.. The company has 34 employees as of April 02, 2024. Recticel has completed 3 acquisitions, including FoamPartner, Rex Panels & Profiles and Trimo. Recticel offers products and services including Insulation Boards, Insulated Panels, Acoustic Solutions, and Sustainability Services. Recticel operates in a competitive market with competitors including DuPont, Brickworks, Lhoist, Unilin and Ideal Standard, among others.

  • Headquarter Brussels, Belgium
  • Employees 34 as on 02 Apr, 2024
  • Stage Public
  • Sectors
    Real Estate & Construction
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Carpenter Engineered Foams India Private Limited
  • Date of Incorporation 13 Apr, 2011
  • Jurisdiction Raigarh, Maharashtra, India
Operational Areas
Real Estate & Construction → Building Materials, Technology & Innovation
Key Metrics
  • Annual Revenue
    $8.09 M (USD)
    23.5
    as on Mar 31, 2023
  • Net Profit
    $956.95 K (USD)
    85.77
    as on Mar 31, 2023
  • EBITDA
    $1.22 M (USD)
    8.6
    as on Mar 31, 2023
  • Latest Funding Round
    $297.45 K (USD), Grant

    Mar 01, 2020

  • Investors
  • Employee Count
    34

    as on Apr 02, 2024

  • Investments & Acquisitions
    FoamPartner

    & 2 more

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Products & Services of Recticel

Recticel offers a comprehensive portfolio of products and services, including Insulation Boards, Insulated Panels, Acoustic Solutions, and Sustainability Services. 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.

Primary

Products for thermal insulation in construction projects

Panels providing energy-efficient building solutions

Solutions for soundproofing in various applications

Services focused on ESG reporting and carbon targets

People of Recticel
Headcount 5000-10000
Employee Profiles 35
Board Members and Advisors 2
Employee Profiles
People
Jurgen de Boever
Group IDT Data Center Architect
People
Betty Bogaert
Chief Information & Digitalisation Officer
People
Lionel de Leener
Reward & Talent Director
People
Kristof de Vos
IT Applications Manager

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Funding Insights of Recticel

  • Total Funding
  • Total Rounds 5
  • Last Round Grant — $297,453
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2020 Amount Grant - Recticel Valuation

investors

Jan, 2019 Amount Grant - Recticel Valuation

investors

Oct, 2017 Amount Grant - Recticel Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Recticel

Recticel has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Recticel

Recticel has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include FoamPartner, Rex Panels & Profiles and Trimo. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Manufacturer of composite panels, roof lights & tiles, metal sheets, and other building materials
2012
Developer of oil and natural gas reserves in North and South America
1961
Various types of polyurethane foam are manufactured in Switzerland.
1937
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Recticel

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Recticel Comparisons

Employees
+
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Competitors of Recticel

Recticel 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 DuPont, Brickworks, Lhoist, Unilin and Ideal Standard, 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
Developer of chemical products, construction & packaging materials, and water solutions
domain founded_year HQ Location
Building products and materials are supplied to the construction sector.
domain founded_year HQ Location
Network services are provided globally by Lhoist since its founding.
domain founded_year HQ Location
Manufacturer of laminate flooring, vinyl tiles, and roofing panels
domain founded_year HQ Location
Manufacturer of products and solutions for private and public bathrooms
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Recticel

Frequently Asked Questions about Recticel

When was Recticel founded?

Recticel was founded in 1778 and raised its 1st funding round 230 years after it was founded.

Where is Recticel located?

Recticel is headquartered in Brussels, Belgium. It is registered at Brussels, Brussels-capital Region, Belgium.

Who is the current CEO of Recticel?

Jan Vergote is the current CEO of Recticel.

How many employees does Recticel have?

As of Apr 02, 2024, the latest employee count at Recticel is 34.

What is the annual revenue of Recticel?

Annual revenue of Recticel is $8.09M as on Mar 31, 2023.

What does Recticel do?

Recticel was established in 1778 and is headquartered in Brussels, Belgium. Operations focus on the production of polyurethane foams for insulation, bedding, and technical applications. The company serves industries including construction, automotive, and furniture across Europe and beyond. Leadership is provided by CEOs Jan Vergote and Olivier Chapelle. Activities are centered on sustainable foam solutions within the materials sector.

Who are the top competitors of Recticel?

Recticel's top competitors include DuPont, Brickworks and Unilin.

What products or services does Recticel offer?

Recticel offers Insulation Boards, Insulated Panels, Acoustic Solutions, and Sustainability Services.

How many acquisitions has Recticel made?

Recticel has made 3 acquisitions, including FoamPartner, Rex Panels & Profiles, and Trimo.

Who are Recticel's investors?

Recticel has 1 investor. Key investors include European Union.

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