About Smiths City
Smiths City is a company based in Christchurch (New Zealand) founded in 1918 was acquired by Polar Capital in May 2020.. Smiths City offers products and services including Whiteware, Home Appliances, TV and Audio, and Beds and Furniture. Smiths City operates in a competitive market with competitors including Knoll, Eurospan Holdings Berhad, Coast New Zealand, PLN Group and Waikato Bedding, among others.
- Headquarter Christchurch, New Zealand
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Smiths City Finance Limited
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Polar Capital
(May 18, 2020)
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Products & Services of Smiths City
Smiths City offers a comprehensive portfolio of products and services, including Whiteware, Home Appliances, TV and Audio, and Beds and Furniture. 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.
Refrigerators, washing machines, and dishwashers for household use
Blenders, food processors, and mixers for cooking needs
Televisions, sound bars, and headphones for entertainment
Mattresses, sofas, and dining sets for living spaces
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Funding Insights of Smiths City
| 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 |
Investors in Smiths City
Smiths City has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Polar Capital. 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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Polar Capital is recognized as a specialist active fund manager.
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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 Smiths City
| 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 - Smiths City
| 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 |
Smiths City Comparisons
Competitors of Smiths City
Smiths City 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 Knoll, Eurospan Holdings Berhad, Coast New Zealand, PLN Group and Waikato Bedding, 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 |
Modern furniture for homes and offices is designed and manufactured.
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| domain | founded_year | HQ Location |
Manufacturer of home furnishing products
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| domain | founded_year | HQ Location |
Produces high-quality luxury home furnishing products.
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| domain | founded_year | HQ Location |
Creates innovative furniture and lighting for work, home, education, and health sectors.
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| domain | founded_year | HQ Location |
Manufactures and sells mattresses, beds, custom furniture, and homewares locally.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Smiths City
When was Smiths City founded?
Smiths City was founded in 1918.
Where is Smiths City located?
Smiths City is headquartered in Christchurch, New Zealand.
What does Smiths City do?
Smiths City brand of home furnishing products, focusing on producing consumer products, home furnishing products, and multi-category. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Smiths City?
Smiths City's top competitors include Knoll, Eurospan Holdings Berhad and Coast New Zealand.
What products or services does Smiths City offer?
Smiths City offers Whiteware, Home Appliances, TV and Audio, and Beds and Furniture.
Who are Smiths City's investors?
Smiths City has 1 investor. Key investors include Polar Capital.