Solina
About Solina
Solina is a company founded in 1988 by Eric Terre was acquired by Astorg Partners in May 2021.. Solina has completed 23 acquisitions, including Advanced Food Systems, Asenzya and Atelierd2i. Solina offers products and services including Ingredient Solutions and Coatings and Sauces.
- Founders Eric Terre
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Solina Group
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Annual Revenue
$9.2 K (USD)61as on Dec 31, 2022
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Net Profit
$8.99 K (USD)1038as on Dec 31, 2022
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EBITDA
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Latest Funding Round
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Investors
Cerea Partners
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Advanced Food Systems
& 22 more
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Acquired by
Astorg Partners
(May 04, 2021)
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Products & Services of Solina
Solina offers a comprehensive portfolio of products and services, including Ingredient Solutions and Coatings and Sauces. 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.
Tailor-made solutions for savoury foods are developed to optimize taste, functional properties, and nutritional aspects.
Coatings and sauces are provided to enhance food experiences in various sectors, including foodservice and butchery.
Funding Insights of Solina
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2016 | Amount | Debt – Conventional - Solina | 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 Solina
Solina has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Cerea Partners and Astorg. 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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PE firm investing in France
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Founded Year | Domain | Location | |
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Astorg is engaged in private equity investment management.
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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 Solina
Solina has strategically engaged in corporate development activities, having acquired 23 companies. Notable acquisitions include Advanced Food Systems, Asenzya and Atelierd2i. 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
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
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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Nutrition consumer products are provided by Asenzya to the market.
|
2015 | ||||
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Brand of mayonnaise, sauces, condiments, and chutney
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2007 | ||||
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Sauces and soups are manufactured in Soissons, France.
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Solina
| 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 |
Solina Comparisons
Competitors of Solina
| 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 Solina
When was Solina founded?
Solina was founded in 1988 and raised its 1st funding round 28 years after it was founded.
Who is the current CEO of Solina?
Anthony Francheterre is the current CEO of Solina.
What is the annual revenue of Solina?
Annual revenue of Solina is $9.2K as on Dec 31, 2022.
What does Solina do?
Solina was established in 1988 by Eric Terre as a provider in the food processing sector. Meat processing operations are conducted alongside the manufacturing of prepared meals. Services focus on supporting related industries through specialized production capabilities. Anthony Francheterre is positioned as CEO, overseeing activities from the companys base. The domain solina.com is utilized for online presence, with operations centered in relevant food manufacturing regions.
What products or services does Solina offer?
Solina offers Ingredient Solutions and Coatings and Sauces.
How many acquisitions has Solina made?
Solina has made 23 acquisitions, including Advanced Food Systems, Asenzya, and Atelierd2i.
Who are Solina's investors?
Solina has 2 investors. Key investors include Cerea Partners, and Astorg.