About Smiltenes Piens
Smiltenes Piens is a company based in Latvia founded in 1912. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. The company has 138 employees as of December 31, 2023. Smiltenes Piens offers products and services including Klasiskais Siers, Holandes Siers, Skābais Krējums 20%, Piena Spēks ar Zemeņu Pievienojumu, and Biezpiena Torte ar Ķiršu Ievārījumu. Smiltenes Piens operates in a competitive market with competitors including Karums, Valmieras Piens, Got Foods, SIA Rigas Piensaimnieks and Talsu Piensaimnieks, among others.
- Headquarter Latvia
- Employees 138 as on 31 Dec, 2023
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
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- Legal Name A/S Smiltenes Piens
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Annual Revenue
$29.12 M (USD)12as on Dec 31, 2023
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Net Profit
$656.67 K (USD)736as on Dec 31, 2023
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
138
as on Dec 31, 2023
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Acquired by
(Aug 19, 2019)
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Products & Services of Smiltenes Piens
Smiltenes Piens offers a comprehensive portfolio of products and services, including Klasiskais Siers, Holandes Siers, Skābais Krējums 20%, Piena Spēks ar Zemeņu Pievienojumu, and Biezpiena Torte ar Ķiršu Ievārījumu. 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.
Traditional cheese produced with high-quality dairy ingredients.
Dutch-style cheese made from premium milk sources.
Sour cream with 20% fat content offered.
Milk drink with strawberry flavor added uniquely.
Curd cake with cherry jam topping included.
Funding Insights of Smiltenes Piens
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Smiltenes Piens
| 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 - Smiltenes Piens
| 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 |
Smiltenes Piens Comparisons
Competitors of Smiltenes Piens
Smiltenes Piens 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 Karums, Valmieras Piens, Got Foods, SIA Rigas Piensaimnieks and Talsu Piensaimnieks, 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 |
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| domain | founded_year | HQ Location |
Dairy products including milk and yogurt are manufactured by Karums.
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| domain | founded_year | HQ Location |
Manufactures natural dairy products like milk, yogurt, and butter in Valmiera, Latvia.
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| domain | founded_year | HQ Location |
Plant-based and dairy alternative products are retailed by Got Foods.
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| domain | founded_year | HQ Location |
Brand of dairy products
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| domain | founded_year | HQ Location |
Manufactures and sells dairy products including cheese, milk, and yogurt in Talsi.
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| 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 Smiltenes Piens
When was Smiltenes Piens founded?
Smiltenes Piens was founded in 1912.
Where is Smiltenes Piens located?
Smiltenes Piens is headquartered in Latvia.
How many employees does Smiltenes Piens have?
As of Dec 31, 2023, the latest employee count at Smiltenes Piens is 138.
What is the annual revenue of Smiltenes Piens?
Annual revenue of Smiltenes Piens is $29.12M as on Dec 31, 2023.
What does Smiltenes Piens do?
AS Smiltenes Piens, based in Smiltene, Latvia, is engaged in the production of dairy products with over a century of history. Traditional milk processing methods are maintained while expertise is continuously enhanced. Various dairy items such as cheese, sour cream, milk drinks, and curd cakes are offered. The company operates in the food and beverage sector, focusing on quality through high-grade raw materials and professional craftsmanship. Commitment to fair treatment of customers, employees, and milk suppliers is upheld as a core value. Support for community development and social cohesion in Latvia is also prioritized through regular assistance initiatives.
Who are the top competitors of Smiltenes Piens?
Smiltenes Piens's top competitors include SIA Rigas Piensaimnieks, Karums and Got Foods.
What products or services does Smiltenes Piens offer?
Smiltenes Piens offers Klasiskais Siers, Holandes Siers, Skābais Krējums 20%, Piena Spēks ar Zemeņu Pievienojumu, and Biezpiena Torte ar Ķiršu Ievārījumu.