Saras

Sarroch, Italy Founded: 1962 • Age: 64 yrs Acquired By Vitol
Oil refining and marketing are managed by Saras in Italy.
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About Saras

Saras is a company based in Sarroch (Italy) founded in 1962 by Angelo Moratti was acquired by Vitol in September 2024.. Saras operates in a competitive market with competitors including Eni Next, Uniper, Acciona Energy, Alerion and OLT Offshore LNG Toscana, among others.

  • Headquarter Sarroch, Italy
  • Founders Angelo Moratti
  • Stage Public
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Energy & Utilities → Oil & Gas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $237.39 M (USD), Post-IPO

    Dec 22, 2017

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Vitol

    (Sep 11, 2024)

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People of Saras
Headcount 1000-5000
Employee Profiles 32
Board Members and Advisors 7
Employee Profiles
People
Laura Pilia
Head Of New Development Engineering
People
Massimo Vacca
Group Head Of Sustainability & Investor Relations
People
Marco de Paolis
Head Of Partnership Development
People
Simonetta Sabatino
Head Of Cyber Security & Workplace Management (ciso)

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Board Members and Advisors
people
Gianfilippo Mancini
Director
people
Laura Fidanza
Director
people
Francesca Luchi
Director
people
Adriana Cerretelli
Director

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Funding Insights of Saras

  • Total Funding
  • Total Rounds 1
  • Last Round Post-IPO — $237.4M
  • First Round

    (22 Dec 2017)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2017 Amount Post-IPO - Saras 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 Saras

Saras has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Vitol. 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
Oil processing, storage, and shipping 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 Saras

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

Financial Statements - Saras

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

Saras Comparisons

Employees
+
Add Comparison
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Competitors of Saras

Saras 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 Eni Next, Uniper, Acciona Energy, Alerion and OLT Offshore LNG Toscana, 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
Provider of exploration, production, and distribution services of oil & gas
domain founded_year HQ Location
Power generation and distribution are managed by Uniper globally.
domain founded_year HQ Location
Renewable energy is developed, constructed, and marketed globally.
domain founded_year HQ Location
Alerion is focused on producing renewable energy solutions.
domain founded_year HQ Location
Technical testing, plant operation, and liquid-to-gas conversion services are provided.
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.

Frequently Asked Questions about Saras

When was Saras founded?

Saras was founded in 1962 and raised its 1st funding round 55 years after it was founded.

Where is Saras located?

Saras is headquartered in Sarroch, Italy. It is registered at Sarroch, Sardegna, Italy.

Who is the current CEO of Saras?

Massimo Moratti is the current CEO of Saras.

What does Saras do?

Saras was established in 1962 in Sarroch, Italy, as an oil refinery and marketing company. Operations focus on refining crude oil into petroleum products, with marketing activities distributed across Europe. The facility in Sarroch serves as the primary site for production and logistics. Leadership is provided by CEO Massimo Moratti, following the founding by Angelo Moratti. Activities are centered in the energy sector, emphasizing downstream hydrocarbon processing.

Who are the top competitors of Saras?

Saras's top competitors include Uniper, Eni Next and Acciona Energy.

Who are Saras's investors?

Saras has 1 investor. Key investors include Vitol.

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