About RUTHMANN
RUTHMANN is a company based in Gescher (Germany) founded in 1901 was acquired by Time Manufacturing Company in January 2021.. RUTHMANN has completed 1 acquisition, including ReachMaster. RUTHMANN offers products and services including STEIGER® Platforms, ECOLINE Platforms, and BLUELIFT Platforms.
- Headquarter Gescher, Germany
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Sectors
Industrial Goods & Manufacturing
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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 Ruthmann Holdings Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$1.71 M (USD), Grant
May 19, 2023
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Investors
European Union
& 2 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Time Manufacturing Company
(Jan 06, 2021)
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Products & Services of RUTHMANN
RUTHMANN offers a comprehensive portfolio of products and services, including STEIGER® Platforms, ECOLINE Platforms, and BLUELIFT Platforms. 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.
Truck-mounted lifts for high-altitude construction tasks
Cost-effective lifts on light chassis for maintenance work
Mobile lifts with advanced technology for industrial access
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Funding Insights of RUTHMANN
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $1.7M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Grant - RUTHMANN | Valuation |
investors |
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| Jun, 2015 | Amount | Grant - RUTHMANN | 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 RUTHMANN
RUTHMANN has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include European Union, Time Manufacturing Company and Bezirksregierung Münster. 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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Regional government authority in Münster, overseeing public administration and services.
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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 | |
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Manufacturer of vehicle-mounted aerial lifts, bucket trucks, and bridge inspection equipment
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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 RUTHMANN
RUTHMANN has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ReachMaster. 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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Compact aerial lifts and material handling equipment are supplied globally.
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2001 |
| 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 - RUTHMANN
| 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 |
Ruthmann Comparisons
Competitors of RUTHMANN
| 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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Latest news on Ruthmann
Frequently Asked Questions about RUTHMANN
When was RUTHMANN founded?
RUTHMANN was founded in 1901 and raised its 1st funding round 114 years after it was founded.
Where is RUTHMANN located?
RUTHMANN is headquartered in Gescher, Germany. It is registered at Gescher, North Rhine-westphalia, Germany.
What does RUTHMANN do?
Founded in 1901, RUTHMANN is based in Gescher, Germany, where manufacturing of pushcarts and trolleys is conducted. Operations focus on the production of industrial transport solutions for various sectors. The company is led by Managing Director Rolf Kulawik. Products are distributed through the domain ruthmann.de, serving markets primarily in Europe with an emphasis on durable, practical designs.
What products or services does RUTHMANN offer?
RUTHMANN offers STEIGER® Platforms, ECOLINE Platforms, and BLUELIFT Platforms.
How many acquisitions has RUTHMANN made?
RUTHMANN has made 1 acquisition, including ReachMaster.
Who are RUTHMANN's investors?
RUTHMANN has 3 investors. Key investors include European Union, Time Manufacturing Company, and Bezirksregierung Münster.