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
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Sectors
Real Estate & Construction
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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 Carpenter Engineered Foams India Private Limited
- Date of Incorporation 13 Apr, 2011
- Jurisdiction Raigarh, Maharashtra, India
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Annual Revenue
$8.09 M (USD)23.5as on Mar 31, 2023
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Net Profit
$956.95 K (USD)85.77as on Mar 31, 2023
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EBITDA
$1.22 M (USD)8.6as on Mar 31, 2023
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Latest Funding Round
$297.45 K (USD), Grant
Mar 01, 2020
- Investors
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Employee Count
34
as on Apr 02, 2024
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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.
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
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Funding Insights of Recticel
- Total Funding Total Funding
- Total Rounds 5
- Last Round Grant — $297,453
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2020 | Amount | Grant - Recticel | Valuation |
investors |
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| Jan, 2019 | Amount | Grant - Recticel | Valuation |
investors |
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| Oct, 2017 | Amount | Grant - Recticel | Valuation |
investors |
| 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 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.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 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.
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
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Manufacturer of composite panels, roof lights & tiles, metal sheets, and other building materials
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2012 | ||||
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Developer of oil and natural gas reserves in North and South America
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Various types of polyurethane foam are manufactured in Switzerland.
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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 - Recticel
| 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 |
Recticel Comparisons
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 |
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Developer of chemical products, construction & packaging materials, and water solutions
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Building products and materials are supplied to the construction sector.
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Network services are provided globally by Lhoist since its founding.
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| domain | founded_year | HQ Location |
Manufacturer of laminate flooring, vinyl tiles, and roofing panels
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| domain | founded_year | HQ Location |
Manufacturer of products and solutions for private and public bathrooms
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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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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