Riwal

Dordrecht, Netherlands Founded: 1998 • Age: 28 yrs Acquired By Boels
Aerial work equipment is rented online via Riwals platform.
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About Riwal

Riwal is a company based in Dordrecht (Netherlands) founded in 1998 was acquired by Boels in March 2024.. Riwal has completed 4 acquisitions, including AFI Rent, AH Lift and Adam GmbH. Riwal operates in a competitive market with competitors including Mateco, Beequip, Rentyourcrane, Equivvy and Sky High Rental, among others.

  • Headquarter Dordrecht, Netherlands
  • Sectors
    Real Estate & Construction
    Industrial Goods & Manufacturing Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Riwal Danmark A/S
Operational Areas
Real Estate & Construction → Property Technology (PropTech)
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $440.96 M (USD), Debt – Conventional

    Jul 10, 2018

  • Investors
    ING

    & 5 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    AFI Rent

    & 3 more

  • Acquired by
    Boels

    (Mar 11, 2024)

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People of Riwal
Headcount 1000-5000
Employee Profiles 6
Employee Profiles
People
Pedro Torres
CEO
People
Torben Algreen
Procurement And Parts Manager
People
Gary Specht
Rental Desk & Fleet Manager
People
Karlygash Yegizbayeva
Director/country Manager – Riwal Kazakhstan

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Funding Insights of Riwal

  • Total Funding
  • Total Rounds 2
  • Last Round Debt – Conventional — $441.0M
  • First Round

    (01 Mar 2015)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2018 Amount Debt – Conventional - Riwal Valuation

investors

Mar, 2015 Amount Debt – Conventional - Riwal 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 Riwal

Riwal has secured backing from 6 investors, including institutional investors. Prominent investors backing the company include ING, Deutsche Bank and ABN AMRO. 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
ABN AMRO is recognized as a personal bank in the digital era.
Founded Year Domain Location
Commercial banking services are offered to corporate and retail clients.
Founded Year Domain Location
Diversified banking and financial services are provided globally.
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 Riwal

Riwal has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include AFI Rent, AH Lift and Adam GmbH. 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
Rental services for lifts are provided by AH Lift.
2000
Provider of work platforms and telehandlers rental services
1990
Lift rental company
1972
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 - Riwal

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

Riwal Comparisons

Employees
+
Add Comparison
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Competitors of Riwal

Riwal 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 Mateco, Beequip, Rentyourcrane, Equivvy and Sky High Rental, 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.

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Operates a digital hub for businesses to hire essential equipment.
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 Riwal

Frequently Asked Questions about Riwal

When was Riwal founded?

Riwal was founded in 1998 and raised its 1st funding round 17 years after it was founded.

Where is Riwal located?

Riwal is headquartered in Dordrecht, Netherlands. It is registered at Dordrecht, South Holland, Netherlands.

What does Riwal do?

Riwal was founded in 1998 in Dordrecht, Netherlands, as an online platform for renting aerial work equipment such as lifts, forklifts, and telehandlers. Used equipment is also sold through the platform, and training courses are offered for safe operation. Services are provided to sectors including construction, cleaning, logistics and storage, painting, and racking, supporting various industrial needs across the region.

Who are the top competitors of Riwal?

Riwal's top competitors include Mateco, Beequip and Rentyourcrane.

How many acquisitions has Riwal made?

Riwal has made 4 acquisitions, including AFI Rent, AH Lift, and Adam GmbH.

Who are Riwal's investors?

Riwal has 6 investors. Key investors include ING, Deutsche Bank, ABN AMRO, Rabobank, and Commerzbank.

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