About Skandia
Skandia is a company based in Hoevelaken (Netherlands) founded in 1974 was acquired by Euretco in March 2020. It operates as a Reseller / Distribution. Skandia offers products and services including Hand Tools, Torque Wrenches, and Socket Wrenches.
- Headquarter Hoevelaken, Netherlands
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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 Dgn Retail B.V.
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Products & Services of Skandia
Skandia offers a comprehensive portfolio of products and services, including Hand Tools, Torque Wrenches, and Socket Wrenches. 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.
Hand tools are provided for various DIY tasks.
Torque wrenches are offered for precise tightening tasks.
Socket wrenches are supplied for versatile fastening needs.
Funding Insights of Skandia
| 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 Skandia
Skandia has secured backing from 1 investor. Prominent investors backing the company include Euretco. 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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Retail service organization and manages and provides services to numerous retail brands
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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 Skandia
| 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 |
Financial Statements - Skandia
| 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 |
Skandia Comparisons
Competitors of Skandia
| 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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Frequently Asked Questions about Skandia
When was Skandia founded?
Skandia was founded in 1974.
Where is Skandia located?
Skandia is headquartered in Hoevelaken, Netherlands. It is registered at Hoevelaken, Gelderland, Netherlands.
What does Skandia do?
Skandia is established as a prominent brand in the Netherlands, specializing in hand tools for DIY enthusiasts. A wide range of products is offered, catering to various tasks around the home. The brand is known for quality tools at attractive prices, with a distinctive orange and black design. Tools are distributed exclusively through 160 Hubo stores and online via Hubo.nl. Since its introduction in 1974, Skandia has grown significantly in the hardware sector. In 2020, the brand was acquired by EK retail, further strengthening its market position.
What products or services does Skandia offer?
Skandia offers Hand Tools, Torque Wrenches, and Socket Wrenches.
Who are Skandia's investors?
Skandia has 1 investor. Key investors include Euretco.