STARK Group

Frederiksberg, Denmark Founded: 1896 • Age: 130 yrs Acquired By CVC
Heavy building materials are distributed by STARK Group across Europe.
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About STARK Group

STARK Group is a company based in Frederiksberg (Denmark) founded in 1896 was acquired by CVC in January 2021. It operates as a Reseller / Distribution. The company has 2,738 employees as of September 30, 2024. STARK Group has completed 4 acquisitions, including FagFlis, Jewson and Melle Gallhofer Dach. STARK Group offers products and services including Heavy Building Materials Distribution.

  • Headquarter Frederiksberg, Denmark
  • Employees 2738 as on 30 Sep, 2024
  • Sectors
    Real Estate & Construction
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Stark Group A/S
Operational Areas
Real Estate & Construction → Building Materials, Technology & Innovation
Key Metrics
  • Annual Revenue
    $237.81 K (USD)
    3
    as on Dec 31, 2023
  • Net Profit
    $53.09 K (USD)
    346
    as on Dec 31, 2023
  • EBITDA
  • Latest Funding Round
  • Investors
    CVC

    & 1 more

  • Employee Count
    2738

    as on Sep 30, 2024

  • Investments & Acquisitions
    FagFlis

    & 3 more

  • Acquired by
    CVC

    & 1 more

    (Jan 08, 2021)

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Products & Services of STARK Group

STARK Group offers a comprehensive portfolio of products and services, including Heavy Building Materials Distribution. 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.

Primary

Heavy building materials are distributed to professional tradespeople.

People of STARK Group
Headcount 1000-5000
Employee Profiles 106
Employee Profiles
People
René Lindhardt Hansen
IT Project Manager / ERP / BPM / Rollout / BCM / IT Training
People
Laurits Anton Jørgensen
Group General Counsel
People
Sisse Fjelsted Rasmussen
CFO
People
Britta K. Stenholt
CEO, Denmark

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Funding Insights of STARK Group

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 STARK Group

STARK Group has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include CVC and Lone Star Funds. 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
Venture Fund
Investor Description Founded Year Domain Location
Private equity investments in real estate, corporate equity, credit, and financial assets are conducted globally by Lone Star Funds.
Founded Year Domain Location
Mezzanine financing and equity investments are provided by CVC.
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 STARK Group

STARK Group has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include FagFlis, Jewson and Melle Gallhofer Dach. 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.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Roofs, insulation materials, wood, and metals are manufactured and supplied.
2018
FagFlis is engaged in selling tiles for various spaces.
1980
An online marketplace for building materials procurement is provided.
1836
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - STARK Group

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

Stark Group Comparisons

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Competitors of STARK Group

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.

Latest news on Stark Group

Frequently Asked Questions about STARK Group

When was STARK Group founded?

STARK Group was founded in 1896.

Where is STARK Group located?

STARK Group is headquartered in Frederiksberg, Denmark.

How many employees does STARK Group have?

As of Sep 30, 2024, the latest employee count at STARK Group is 2,738.

What is the annual revenue of STARK Group?

Annual revenue of STARK Group is $237.81K as on Dec 31, 2023.

What does STARK Group do?

Heavy building materials are distributed by STARK Group to professional tradespeople across Europe. Operations are conducted in fragmented markets, connecting manufacturers with craftsmen. International sourcing is facilitated to support local community building. Sustainability is integrated into business practices, with a focus on decarbonising the construction industry and supporting sustainable ecosystems. The company operates in multiple countries with numerous branches and distribution centres.

What products or services does STARK Group offer?

STARK Group offers Heavy Building Materials Distribution.

How many acquisitions has STARK Group made?

STARK Group has made 4 acquisitions, including FagFlis, Jewson, and Melle Gallhofer Dach.

Who are STARK Group's investors?

STARK Group has 2 investors. Key investors include CVC, and Lone Star Funds.

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