About Recticel
Recticel is a company based in Brussels (Belgium) founded in 1778. The company has 34 employees. 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
- Stage Public
- SectorsReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website recticel.com
- Social LinkedIn Facebook
- Legal Name Carpenter Engineered Foams India Private Limited
- Date of Incorporation 13 Apr, 2011
- Jurisdiction Raigarh, Maharashtra, India
- Annual Revenue₹50.54 Cr
FY 2025 · -15% YoY
- Net Profit₹5.73 Cr
FY 2025 · 11% margin
- EBITDA₹8.87 Cr
FY 2025 · 18% margin
- Latest Funding Round$297.45K (USD), Grant
Mar 2020
- Investors
- Employee Count34
- Investments & AcquisitionsFoamPartner
& 2 more
Associated legal entities of Recticel
Recticel operates through Carpenter Engineered Foams India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Carpenter Engineered Foams India Private Limited CIN U25200MH2011FTC216209 | Active | 13 Apr 2011 | Navi Mumbai, Maharashtra | ₹50.5 Cr | 34 | 4 | View details |
Products & Services of Recticel
Recticel offers a comprehensive portfolio of products and services, including Insulation Boards, Insulated Panels, Acoustic Solutions, and Sustainability Services.
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
Funding Insights of Recticel
- Total Rounds 5
- Last Round Grant — $297,453
- Investors Count 1
All 5 funding rounds of Recticel with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2020 | $297,453 | Grant | – | – | |
| Jan 2019 | $1.39M | Grant | – | – | |
| Oct 2017 | $475,001 | Grant | – | – | |
| Apr 2015 | $57,880 | Grant | – | – | |
| Dec 2008 | – | Grant | – | – |
1 investors in total: 1 institutional.
Investors in Recticel
Recticel has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Recticel
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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Board of directors of Carpenter Engineered Foams India Private Limited (Recticel)
Carpenter Engineered Foams India Private Limited is the primary company behind Recticel. The board of Carpenter Engineered Foams India Private Limited currently have 4 directors; the longest-serving is Anand Ratilal Meher, appointed in 2019. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anand Ratilal Meher DIN 08601039 | Director | 01 Nov 2019 | 6 yrs 11 mo | Carpenter Engineered Foams India Private Limited |
| Peter Paul Muniz DIN 10291471 | Director | 23 Aug 2023 | 3 yrs 1 mo | Carpenter Engineered Foams India Private Limited |
| Frank Werner Sander DIN 10337813 | Director | 29 Sep 2023 | 3 yrs | Carpenter Engineered Foams India Private Limited |
| Kurt Albert Derieuw DIN 10345802 | Director | 09 Oct 2023 | 3 yrs | Carpenter Engineered Foams India Private Limited |
People of Recticel
39 people are tracked at Recticel (8 in leadership, 2 in board & advisors, 29 in team); the tracked headcount is 34.
| Name | Role | Group |
|---|---|---|
Jan Vergote | CEO | Leadership |
Olivier Chapelle | CEO | Leadership |
Betty Bogaert | Chief Information & Digitalisation Officer | Leadership |
Jean-Pierre De Kesel | Chief Sustainable Innovation Officer | Leadership |
François Petit | Chief Procurement Officer | Leadership |
Lionel de Leener | Reward & Talent Director | Leadership |
Geert Trossaert | Vice President R&d And Quality | Leadership |
Werner van Peteghem | Sustainability And Communications Director | Leadership |
Filip Balcaen | Director | Board & advisors |
Luc Missorten | Director And Chairman Of The Audit Committee | Board & advisors |
Jurgen de Boever | Group IDT Data Center Architect | Team |
Carla de Kegel | Operational Purchaser | Team |
François Desné | Group GM, Engineered Foams | Team |
Dirk Verbruggen | Advisor Divestments - Secretary To The Board Of Directors | Team |
Marnick Serreyn | HR Analist | Team |
Kristof de Vos | IT Applications Manager | Team |
Monique Gerwers | Internal Communications & Sustainability Coordinator | Team |
Wim Moermans | Purchasing Manager Chemicals | Team |
Ruben Wolharn | Cybersecurity Manager | Team |
Marzena Nowanska-Juszko | HR IT Support Specialist | Team |
19 more people are available in the full profile.
Complete people profiles for Recticel
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Financials of Recticel
Figures of Carpenter Engineered Foams India Private Limited, the primary company behind Recticel, for FY 2025. Revenue was ₹50.54 Cr (-15% year on year). Net profit was ₹5.73 Cr (11% margin). EBITDA was ₹8.87 Cr (18% margin). Revenue has grown at a compounded annual rate of -2% over three years and +4% over five years.
- ₹50.54 CrRevenue · FY 2025 · -15% YoY
- ₹5.73 CrNet profit · 11% margin
- ₹8.87 CrEBITDA · 18% margin
- ₹4.57 CrPaid-up capital
- 34Employees (provident fund records)
- -2%Revenue CAGR, 3 years
- +4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Carpenter Engineered Foams India Private Limited are on its company page.
Detailed financial statements for Recticel
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Manufacturer of composite panels, roof lights & tiles, metal sheets, and other building materials | rexpanelsandprofiles.com | Tournai, Belgium | 2012 | Dec 2023 | •••• | |
Developer of oil and natural gas reserves in North and South America | trimo-group.com | Trebnje, Slovenia | 1961 | Mar 2022 | $181M | |
Various types of polyurethane foam are manufactured in Switzerland. | foampartner.com | Bubikon, Switzerland | 1937 | Mar 2021 | •••• |
Complete acquisition details for Recticel
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Recticel
6 dated milestones of Recticel across 15 years, from founding to its latest funding, stage changes and deals.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round.
- Funding Latest funding round, Grant, of $297K.
- Acquisition Acquires FoamPartner.
- Acquisition Acquires Trimo.
- Acquisition Acquires Rex Panels & Profiles.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dupont.com | 1802 | United States | – | 24,000 | Developer of chemical products, construction & packaging materials, and water solutions | |
| brickworks.com.au | 1934 | Blacktown, Australia | – | – | Building products and materials are supplied to the construction sector. | |
| lhoist.com | 1889 | – | – | 1,516 | Network services are provided globally by Lhoist since its founding. | |
| unilin.com | 1960 | Waregem, Belgium | – | – | Manufacturer of laminate flooring, vinyl tiles, and roofing panels | |
| idealstandard.com | 1817 | Gentbrugge, Belgium | – | 41 | Manufacturer of products and solutions for private and public bathrooms |
Detailed competitors of Recticel
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Recticel
The website of Recticel (recticel.com) receives about 14.7K visits a month.
- Monthly visits14.7K
▼ 3.6% vs previous month
Websites whose visitors overlap most with Recticel. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| tuffoam.co.za | 100% | – | – | View details | |
birliksunger.com | birliksunger.com | 98% | – | – | – |
| cellularmouldings.co.uk | 98% | – | #14,745,782 | View details | |
| ncfi.com | 98% | – | #5,097,282 | View details | |
| pfa.org | 98% | – | #1,885,244 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 17 similar websites and full traffic analytics for Recticel
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- 17 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Recticel
Complete news archive for Recticel
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Recticel
10 companies that operate in the same segment as Recticel (Building Materials), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Construction materials and building products are supplied by Boral. | 1946 | Sydney, New South Wales, Australia | USD 22.4 M | – | – | |
Manufacturer of cement, gypsum plaster, tile adhesives, and wood finishing products | 1975 | Kanpur, Uttar Pradesh, India | – | USD 1.44 B | 11,790 | |
Industrial and decorative paints are manufactured along with related solutions. | 1942 | Mumbai, Maharashtra, India | – | USD 3.79 B | 33,600 | |
Diversified building materials are manufactured and supplied worldwide. | 1970 | Dublin, Ireland | – | USD 37.45 B | 79,800 | |
Specializes in designing and manufacturing aesthetically pleasing bathroom solutions | 1960 | Gurugram, Haryana, India | USD 707.6 K | – | – | |
Vectus is recognized as a leading manufacturer of water storage solutions in India. | 1989 | Noida, Uttar Pradesh, India | USD 16.92 M | – | – | |
Glass products are manufactured for construction, automotive, and industrial sectors. | 1985 | Delhi, Delhi, India | USD 147.22 M | USD 212.02 M | 1,293 | |
Piping systems are designed, manufactured, and distributed for multiple sectors. | 2003 | Brussels, Brussels-capital Region, Belgium | USD 260 M | – | – | |
Developer of chemical products, construction & packaging materials, and water solutions | 1802 | United States | – | USD 6.85 B | 24,000 | |
Industrial tools and equipment are supplied globally by Kennametal. | 1938 | Latrobe, Pennsylvania, United States | – | USD 1.97 B | 8,119 |
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Frequently Asked Questions about Recticel
Recticel was founded in 1778 and raised its 1st funding round 230 years after it was founded.
Recticel is headquartered in Brussels, Belgium. It is registered at Brussels, Brussels-capital Region, Belgium.
Jan Vergote is the current CEO of Recticel.
Recticel has 34 employees.
The primary company behind Recticel, Carpenter Engineered Foams India Private Limited, reported revenue of ₹50.54 Cr for FY 2025, down 15% year on year.
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.
Recticel's top competitors include DuPont, Brickworks and Unilin.
Recticel offers Insulation Boards, Insulated Panels, Acoustic Solutions, and Sustainability Services.
Recticel has made 3 acquisitions, including FoamPartner, Rex Panels & Profiles, and Trimo.
Recticel has 1 investor. Key investors include European Union.
Recticel operates through Carpenter Engineered Foams India Private Limited.
The legal entities of Recticel currently have 4 directors, including Kurt Albert Derieuw, Peter Paul Muniz, Frank Werner Sander and others.