About Stovax
Stovax is a company based in Exeter (United Kingdom) founded in 1981 was acquired by NIBE Group in March 2016.. The company has 114 employees as of December 31, 2021. Stovax offers products and services including Wood Burning Stoves, Gas Stoves, Electric Stoves, and Fireplaces. Stovax operates in a competitive market with competitors including Flex, A4 Laser Labels, Review Displays, Holophane and Brandenburg, among others.
- Headquarter Exeter, United Kingdom
- Employees 114 as on 31 Dec, 2021
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
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- Legal Name Stovax Limited
- Date of Incorporation 06 Jul, 1981
- Jurisdiction EXETER, ENGLAND
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Annual Revenue
$33.03 M (USD)40as on Dec 31, 2022
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Net Profit
$3.47 M (USD)272as on Dec 31, 2022
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
114
as on Dec 31, 2021
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Acquired by
NIBE Group
(Mar 15, 2016)
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Products & Services of Stovax
Stovax offers a comprehensive portfolio of products and services, including Wood Burning Stoves, Gas Stoves, Electric Stoves, and Fireplaces. 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.
Appliances that burn wood for home heating and ambiance
Gas-powered units for efficient residential heating
Electric models providing convenient and modern heating options
Traditional and contemporary designs for home fire features
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Funding Insights of Stovax
| 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 Stovax
Stovax has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include NIBE Group. 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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Provider of sustainable energy solutions contributing to reducing greenhouse gas emissions globally
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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 Stovax
| 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 - Stovax
| 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 |
Stovax Comparisons
Competitors of Stovax
Stovax 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 Flex, A4 Laser Labels, Review Displays, Holophane and Brandenburg, 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 |
Designer and producer of intelligent products, automotive electronics manufacturing, and logistics services
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| domain | founded_year | HQ Location |
Serves as a contract manufacturer specializing in printers.
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| domain | founded_year | HQ Location |
Panel displays and electrical equipment are manufactured under contract.
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| domain | founded_year | HQ Location |
Sustainable LED lighting solutions are provided by Holophane Europe.
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| domain | founded_year | HQ Location |
Pest control technology products are manufactured on a contract basis.
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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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Latest news on Stovax
Frequently Asked Questions about Stovax
When was Stovax founded?
Stovax was founded in 1981.
Where is Stovax located?
Stovax is headquartered in Exeter, United Kingdom. It is registered at Exeter, Devon, United Kingdom.
How many employees does Stovax have?
As of Dec 31, 2021, the latest employee count at Stovax is 114.
What is the annual revenue of Stovax?
Annual revenue of Stovax is $33.03M as on Dec 31, 2022.
What does Stovax do?
Stovax was established in 1981 in Exeter, United Kingdom, as a contract manufacturer in the hearth products sector. Operations focus on producing wood burning, multi-fuel, gas, and electric stoves, fires, and fireplaces for various clients. Services encompass design, assembly, and distribution within the heating appliances industry. The company is led by Managing Director Alistair Compton, with activities centered in the UK market.
Who are the top competitors of Stovax?
Stovax's top competitors include Flex, Review Displays and Brandenburg.
What products or services does Stovax offer?
Stovax offers Wood Burning Stoves, Gas Stoves, Electric Stoves, and Fireplaces.
Who are Stovax's investors?
Stovax has 1 investor. Key investors include NIBE Group.