About Tenax
Tenax is a company based in Volargne (Italy) founded in 1956 was acquired by Sun Capital Partners in May 2022. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. Tenax offers products and services including Mastice, Resinatura Systems, and Polishing Powders.
- Headquarter Volargne, Italy
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Sectors
Chemicals & Materials
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Phone
*********
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Website
*********
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Social
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- Legal Name Tenax Spa A Socio Unico
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Pidilite
& 1 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Tenax
Tenax offers a comprehensive portfolio of products and services, including Mastice, Resinatura Systems, and Polishing Powders. 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.
Used for bonding and repairing natural stone surfaces effectively.
Applied for reinforcing and netting natural stone materials.
Utilized for polishing and finishing various stone surfaces.
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Funding Insights of Tenax
| 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 Tenax
Tenax has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Pidilite and Sun Capital Partners. 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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Private equity firm
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Founded Year | Domain | Location | |
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Adhesives and sealants are manufactured by Pidilite in India.
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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 Tenax
| 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 - Tenax
| 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 |
Tenax Comparisons
Competitors of Tenax
| 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 Tenax
Frequently Asked Questions about Tenax
When was Tenax founded?
Tenax was founded in 1956.
Where is Tenax located?
Tenax is headquartered in Volargne, Italy. It is registered at Volargne, Veneto, Italy.
What does Tenax do?
Tenax is involved in delivering innovative solutions for natural stone, quartz, and ceramic surfaces. Operating through industrial and professional divisions, the company supports the entire supply chain from quarry extraction to final product manufacturing. Services are extended to construction and maintenance sectors with a focus on effective processing and care of materials. A global presence is maintained through branches and a wide commercial network to ensure customer support across various regions.
What products or services does Tenax offer?
Tenax offers Mastice, Resinatura Systems, and Polishing Powders.
Who are Tenax's investors?
Tenax has 2 investors. Key investors include Pidilite, and Sun Capital Partners.