About Tractel
Tractel is a company based in Luxembourg (Luxembourg) founded in 1996 was acquired by Alimak Group in August 2022.. Tractel has completed 2 acquisitions, including Safety Products Group and Scanclimber. Tractel offers products and services including Lifting Equipment and Fall Protection.
- Headquarter Luxembourg, Luxembourg
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Tractel
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
-
Investors
Alimak Group
& 3 more
-
Employee Count
Employee Count
-
Investments & Acquisitions
Safety Products Group
& 1 more
- Acquired by
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Tractel
Tractel offers a comprehensive portfolio of products and services, including Lifting Equipment and Fall Protection. 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.
Lifting equipment such as hoists and clamps is offered for safe material handling in various applications.
Fall protection devices including harnesses and lifelines are provided to prevent accidents during height work.
Unlock access to complete
Funding Insights of Tractel
- 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 |
|---|---|---|---|---|---|
| Jul, 2006 | Amount | Private Equity Round - Tractel | Valuation | Sparring Capital |
|
| 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 Tractel
Tractel has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Alimak Group, Sparring Capital and Chequers 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 |
|---|---|---|---|---|
|
Sparring Capital is engaged in investing in French SMEs.
|
Founded Year | Domain | Location | |
|
Chequers Capital is engaged in private equity investments across Europe.
|
Founded Year | Domain | Location | |
|
Private equity investments and portfolio management services are provided by Cinven across various sectors.
|
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 Tractel
Tractel has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Safety Products Group and Scanclimber. 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 |
|---|---|---|---|---|---|
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Plant safety solutions are provided for industrial operations.
|
2014 | ||||
|
Mast climbing work platforms and transport platforms are manufactured.
|
1964 |
| 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 - Tractel
| 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 |
Tractel Comparisons
Competitors of Tractel
| 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.
|
Frequently Asked Questions about Tractel
When was Tractel founded?
Tractel was founded in 1996 and raised its 1st funding round 10 years after it was founded.
Where is Tractel located?
Tractel is headquartered in Luxembourg, Luxembourg.
What does Tractel do?
The company was founded in 1996 and is headquartered in Luxembourg. Focus is placed on the design and production of equipment for lifting and material handling within the industrial sector. Operations encompass the development of solutions for safe elevation and transport of materials, serving various applications in construction and manufacturing. Geographic presence is centered in Luxembourg, with online resources available through tractel.com.
What products or services does Tractel offer?
Tractel offers Lifting Equipment and Fall Protection.
How many acquisitions has Tractel made?
Tractel has made 2 acquisitions, including Safety Products Group, and Scanclimber.
Who are Tractel's investors?
Tractel has 4 investors. Key investors include Alimak Group, Sparring Capital, Chequers Capital, and Cinven.