About Troax
Troax is a company based in Hillerstorp (Sweden) founded in 1955 was acquired by FSN Capital in January 2013.. Troax has raised $45.56 million across 1 funding round from investors including Latour, Accent Equity and FSN Capital. The company has 1,190 employees as of December 31, 2024. Troax has completed 5 acquisitions, including Folding Guard, Garantell and NATOM. Troax offers products and services including Machine Guarding and Warehouse Partitioning.
- Headquarter Hillerstorp, Sweden
- Employees 1190 as on 31 Dec, 2024
- Stage Public
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Troax Group Ab Class A
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Annual Revenue
$289.21 M (USD)5.03as on Dec 31, 2024
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Net Profit
$32.45 M (USD)-12.69as on Dec 31, 2024
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EBITDA
$61.27 M (USD)-4.67as on Dec 31, 2024
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Total Equity Funding
$45.56 M (USD)
in 1 rounds
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Latest Funding Round
$45.56 M (USD), Private Equity Round
Mar 16, 2015
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Investors
Latour
& 2 more
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Employee Count
1190
as on Dec 31, 2024
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Investments & Acquisitions
Folding Guard
& 4 more
- Acquired by
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IPO & Listings of Troax
Troax is a publicly listed company on the OMXSTO with ticker symbol TROAX in Sweden, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Troax
Troax offers a comprehensive portfolio of products and services, including Machine Guarding and Warehouse Partitioning. 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.
High-quality steel panels are utilized for flexible solutions that enhance maximum safety in industrial environments
Unique combinations are employed for custom-made solutions that meet specific needs and requirements in warehousing
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Funding Insights of Troax
Troax has successfully raised a total of $45.56M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $45.56 million completed in March 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Private Equity Round — $45.6M
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First Round
First Round
(16 Mar 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2015 | Amount | Private Equity Round - Troax | Valuation |
investors |
| 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 Troax
Troax has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Latour, Accent Equity and FSN 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 |
|---|---|---|---|---|
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Capital is provided for industrial sector growth and buyouts.
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Founded Year | Domain | Location | |
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Accent Equity is engaged in private equity investments in the Nordic region.
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Founded Year | Domain | Location | |
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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 Troax
Troax has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Folding Guard, Garantell and NATOM. 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 |
|---|---|---|---|---|---|
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bicycle parking solutions are provided for urban environments in Sweden.
|
2011 | ||||
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Warehousing equipment is supplied to businesses by NATOM in Poland.
|
2006 | ||||
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Company that produces mesh decks, rear mesh for pallet racks, and machine guards for industries and storage solutions
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2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Troax
| 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 |
Troax Comparisons
Competitors of Troax
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Troax
Frequently Asked Questions about Troax
When was Troax founded?
Troax was founded in 1955 and raised its 1st funding round 60 years after it was founded.
Where is Troax located?
Troax is headquartered in Hillerstorp, Sweden. It is registered at Hillerstorp, Jonkoping County, Sweden.
Is Troax a funded company?
Troax is a funded company, having raised a total of $45.56M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $45.56M, raised on Mar 16, 2015.
How many employees does Troax have?
As of Dec 31, 2024, the latest employee count at Troax is 1,190.
What is the annual revenue of Troax?
Annual revenue of Troax is $289.21M as on Dec 31, 2024.
What does Troax do?
Founded in 1955 and based in Hillerstorp, Sweden, Troax operates within the manufacturing sector focused on safety and security. Mesh panel products are supplied for applications such as machine guarding, warehouse partitioning, and property protection. Custom designs are facilitated through provided tools and ongoing support. Emphasis is placed on product durability, ease of assembly and disassembly, and sustainable materials for potential recycling.
What products or services does Troax offer?
Troax offers Machine Guarding and Warehouse Partitioning.
Is Troax publicly traded?
Yes, Troax is publicly traded on OMXSTO under the ticker symbol TROAX.
How many acquisitions has Troax made?
Troax has made 5 acquisitions, including Folding Guard, Garantell, and NATOM.
Who are Troax's investors?
Troax has 3 investors. Key investors include Latour, Accent Equity, and FSN Capital.
What is Troax's ticker symbol?
The ticker symbol of Troax is TROAX on OMXSTO.