About TRISTONE
TRISTONE is a Transportation, Automotive & Logistics company based in Frankfurt Am Main (Germany) founded in 2002, and was acquired by Zhongding Group in November 2016. Engine cooling and battery cooling components are manufactured and supplied. The company has 68 employees. Its chief executive, as recorded, is Ignacio Salazar. Its Indian entity Tristone Flowtech India Private Limited reported revenue of â‚ą50.27 Cr. TRISTONE offers products and services including Flow Technology Solutions and Thermal Management Solutions. Its focus areas include Auto, Auto Components and Thermal System.
Company details
Tristone was established in 2002 in Frankfurt Am Main, Germany, as a manufacturer and supplier in the automotive sector. Engine cooling and battery cooling components are produced, including air intake systems, resonators, surge tanks, water pipes, rubber hoses, and connectors. Operations focus on providing these parts for vehicle applications, with leadership held by CEOs Ignacio Salazar and Guenter Froelich. The company serves global markets through its domain tristone.com.
- Headquarters Frankfurt Am Main, Germany
- Employees 68
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website tristone.com
- Social LinkedIn
- Acquired by Zhongding Group (Nov 2016)
- Legal Name Tristone Flowtech India Private Limited
- Date of Incorporation 03 Sep, 2015
- Jurisdiction Chakan, Maharashtra, India
- Indian entity revenue₹50.27 Cr
FY 2025 · +14% YoY
- Indian entity net loss-₹1.54 Cr
FY 2025 · -3% margin
- Indian entity EBITDA₹2.01 Cr
FY 2025 · 4% margin
- Latest Funding Round$29.35K (USD), Grant
Mar 2024
- InvestorsDenizBank
& 4 more
- Employee Count68
- Acquired byZhongding Group
(Nov 2016)
Associated legal entities of TRISTONE
TRISTONE operates through Tristone Flowtech India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Tristone Flowtech India Private Limited CIN U29100PN2015FTC156392 | Active | 03 Sep 2015 | Chakan, Maharashtra | ₹50.3 Cr | 68 | 4 | View details |
Products & Services of TRISTONE
TRISTONE offers a comprehensive portfolio of products and services, including Flow Technology Solutions and Thermal Management Solutions.
Provides customized systems for air and water handling in vehicles
Offers solutions for hot and cool fluid control in automotive applications
Funding Insights of TRISTONE
- Total Rounds 13
- Last Round Grant — $29,346
- First Round $49.81M
(Nov 2018)
- Investors Count 4
Latest 10 of 13 funding rounds of TRISTONE with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2024 | $29,346 | Grant | – | – | |
| Mar 2024 | $50,862 | Grant | – | – | |
| Dec 2023 | $54,175 | Grant | – | – | |
| Dec 2023 | $49,364 | Grant | – | – | |
| Oct 2023 | $45,878 | Grant | – | – | |
| Sep 2023 | $39,883 | Grant | – | – | |
| Aug 2023 | $54,148 | Grant | – | – | |
| Jul 2023 | $53,867 | Grant | – | – | |
| Jun 2023 | $40,735 | Grant | – | – | |
| May 2023 | $53,566 | Grant | – | – |
5 investors in total: 5 institutional.
Investors in TRISTONE
TRISTONE has secured backing from 5 investors, including institutional investors. Prominent investors backing the company include DenizBank, Raiffeisen Bank and Ministerstvo Hospodárstva Slovenskej Republiky.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| mhsr.sk | ||||
A digital platform for public administration services in Czech Republic. | gov.cz | Czech Republic | ||
Commercial banking services are provided in Albania. | 2004 | raiffeisen.al | Tirana, Albania | |
Commercial banking services are provided in Turkey. | 1938 | denizbank.com | Istanbul, Turkey | |
Manufactures and supplies key components for the automotive industry. | 1980 | zhongdinggroup.com | Xuancheng, China |
Investor details for TRISTONE
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Tristone Flowtech India Private Limited (TRISTONE)
Tristone Flowtech India Private Limited is the primary company behind TRISTONE. The board of Tristone Flowtech India Private Limited currently have 3 directors; the longest-serving is Priyanka Govind Chomal, appointed in 2019. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Priyanka Govind Chomal DIN 10098083 | Company Secretary | 01 Oct 2019 | 7 yrs | Tristone Flowtech India Private Limited |
| Sandip Kumar DIN 09293433 | Managing Director | 25 Aug 2021 | 5 yrs 1 mo | Tristone Flowtech India Private Limited |
| Archana Deepak Shevkari DIN 10819459 | Director | 24 Oct 2024 | 2 yrs | Tristone Flowtech India Private Limited |
People of TRISTONE
49 people are tracked at TRISTONE (28 in leadership, 21 in team); the tracked headcount is 68.
| Name | Role | Group |
|---|---|---|
Ignacio Salazar | CEO & President | Leadership |
Guenter Froelich | CEO & President | Leadership |
Peter Matta | Global Production Director | Leadership |
Geoffrey Carlisle | Sales Director Americas | Leadership |
Christian Matzanke | Global Logistics Director | Leadership |
Alberto Cortesi | COO | Leadership |
Loris Capelli | Managing Director Italy | Leadership |
Daniele Petrolati | Head Of Group Accounting, Audit, Consolidation And Taxation | Leadership |
Hua Wei | President And CEO | Leadership |
Marta Martínez | CFO | Leadership |
Marie - Laure Godineau | Vice President Human Resources | Leadership |
Bob Zheng | Managing Director China | Leadership |
Marcin Placek | Senior Vice President Quality | Leadership |
Marie Godineau | Vice-president Human Resources | Leadership |
Robert Friedl | Head Of Group Sales Controlling & Strategic Planning | Leadership |
Anna Marušková | Managing Director Slovakia | Leadership |
Nestor Roncal | Managing Director Spain | Leadership |
Jignesh Vyas | General Manager Sales And Marketing | Leadership |
Mark O' Neill | Finance Manager & Director / Group Engineering Controller | Leadership |
Hakan Uzlasik | Managing Director Turkey | Leadership |
29 more people are available in the full profile.
Complete people profiles for TRISTONE
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Financials of TRISTONE
Figures of Tristone Flowtech India Private Limited, the primary company behind TRISTONE, for FY 2025. Revenue was ₹50.27 Cr (+14% year on year). Net loss was -₹1.54 Cr (-3% margin). EBITDA was ₹2.01 Cr (4% margin). Revenue has grown at a compounded annual rate of +16% over three years and +44% over five years.
- ₹50.27 CrRevenue · FY 2025 · +14% YoY
- -₹1.54 CrNet loss · -3% margin
- ₹2.01 CrEBITDA · 4% margin
- ₹16.98 CrPaid-up capital
- 68Employees (provident fund records)
- +16%Revenue CAGR, 3 years
- +44%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Tristone Flowtech India Private Limited are on its company page.
Detailed financial statements for TRISTONE
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of TRISTONE
4 dated milestones of TRISTONE across 22 years, from founding to its latest funding, stage changes and deals.
- Founded TRISTONE is founded.
- Exit Acquired by Zhongding Group.
- Funding First funding round of $49.8M.
- Funding Latest funding round, Grant, of $29K.
Web traffic of TRISTONE
The website of TRISTONE (tristone.com) receives about 3.9K visits a month.
- Monthly visits3.9K
▲ 10.2% vs previous month
Top companies in Automotive Manufacturing & Components
2 companies that operate in the same segment as TRISTONE (Automotive Manufacturing & Components) in Germany, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of forklifts, warehouse equipment and other industrial trucks | 2006 | Germany | USD 587.14 M | USD 13.28 B | 42,720 | |
Automotive manufacturing company | 1916 | Munchen, Bayern, Germany | USD 156.8 B |
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Related news about Tristone
Complete news archive for TRISTONE
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Frequently Asked Questions about TRISTONE
TRISTONE was founded in 2002 and raised its 1st funding round 16 years after it was founded.
TRISTONE is headquartered in Frankfurt Am Main, Germany. It is registered at Frankfurt Am Main, Hesse, Germany.
Ignacio Salazar is the CEO of TRISTONE, as recorded in our data.
TRISTONE has 68 employees.
The primary company behind TRISTONE, Tristone Flowtech India Private Limited, reported revenue of â‚ą50.27 Cr for FY 2025, up 14% year on year.
Tristone was established in 2002 in Frankfurt Am Main, Germany, as a manufacturer and supplier in the automotive sector. Engine cooling and battery cooling components are produced, including air intake systems, resonators, surge tanks, water pipes, rubber hoses, and connectors. Operations focus on providing these parts for vehicle applications, with leadership held by CEOs Ignacio Salazar and Guenter Froelich. The company serves global markets through its domain tristone.com.
TRISTONE offers Flow Technology Solutions and Thermal Management Solutions.
TRISTONE has 5 investors. Key investors include DenizBank, Raiffeisen Bank, Ministerstvo Hospodárstva Slovenskej Republiky, Portál veřejné správy, and Zhongding Group.
TRISTONE operates through Tristone Flowtech India Private Limited.
Yes. TRISTONE was acquired by Zhongding Group in November 2016.
The legal entities of TRISTONE currently have 3 directors, including Priyanka Govind Chomal, Sandip Kumar, Archana Deepak Shevkari.