Vacon

Vaasa, Finland Founded: 1993 • Age: 33 yrs Acquired By Danfoss
Hand tools, power tools, and industrial hardware are distributed globally.
Annual revenue $12.3M Latest available
Total funding $10.6M 1 rounds
Employees 44 Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About Vacon

Vacon is a company based in Vaasa (Finland) founded in 1993 was acquired by Danfoss in September 2014. Vacon has raised $10.58 million across 1 funding round from investors including Danfoss and Ahlström. The company has 44 employees as of March 23, 2024.

  • Headquarter Vaasa, Finland
  • Employees 44 as on 23 Mar, 2024
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Vacon Drives And Controls Private Limited
  • Date of Incorporation 29 Aug, 2006
  • Jurisdiction Chennai, Tamil Nadu, India
Operational Areas
Not available
Key Metrics
  • Annual Revenue
    $12.29 M (USD)
    0
    as on Mar 31, 2016
  • Net Profit
    -$1.87 M (USD)
    0
    as on Mar 31, 2016
  • EBITDA
    -$1.3 M (USD)
    0
    as on Mar 31, 2016
  • Total Equity Funding
    $10.58 M (USD)

    in 1 rounds

  • Latest Funding Round
    $10.58 M (USD), Series B

    Dec 28, 2001

  • Investors
    Danfoss

    & 1 more

  • Employee Count
    44

    as on Mar 23, 2024

  • Acquired by
    Danfoss

    (Sep 12, 2014)

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People of Vacon

Headcount 10000+
Employee Profiles 516
Board Members and Advisors 10
Employee Profiles
People
Cesia Hernandez
Senior Project Manager
People
Kuno Warthoe Richard
Senior Project Manager & PPM Process Owner
People
Seenivasan P
Global Procurement Cost Down Manager
People
Ton Bekkers
Sales Director Climate Solutions Bij Danfoss Bv

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Board Members and Advisors
people
Jens Bjerg Sørensen
Chairman
people
Marianne Godballe
Member of the Board of Directors
people
Connie Hedegaard
Member of the Board of Directors
people
Per Falholt
Member of the Board of Directors

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Funding Insights of Vacon

Vacon has successfully raised a total of $10.58M through 1 strategic funding round. The most recent funding activity was a Series B round of $10.58 million completed in December 2001. 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.

Investors in Vacon

Vacon has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Danfoss and Ahlström.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Ahlström is engaged in industrial investments and sustainable value creation.
Locked Locked Locked
Manufacturer of energy efficiency products
Locked Locked Locked
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Investor details for Vacon

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Vacon

Investments
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Investment portfolio details for Vacon

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Financial Statements - Vacon

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Detailed financials for Vacon

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  • Profit trends
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Vacon Comparisons

Vacon Primary company
Description
Hand tools, power tools, and industrial hardware are distrib...
Location
Vaasa, Finland
Founded Year
1993
Annual Revenue
$12.29 M (USD)
Net Profit
-$1.87 M (USD)
EBITDA
-$1.3 M (USD)
Employees
44
As of 2024
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Peer comparison for Vacon

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Competitors of Vacon

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Detailed competitors of Vacon

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  • Domains and locations
  • Full company profiles
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  • Competitive positioning

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Latest news on Vacon

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Complete news archive for Vacon

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Vacon

Vacon was founded in 1993 and raised its 1st funding round 8 years after it was founded.

Vacon is headquartered in Vaasa, Finland.

Vacon is a funded company, having raised a total of $10.58M across 1 funding round to date.

As of Mar 23, 2024, the latest employee count at Vacon is 44.

Annual revenue of Vacon is $12.29M as on Mar 31, 2016.

Founded in 1993 in Vaasa, Finland, Vacon operates as a distributor in the tools and hardware sector. Products are sourced from domestic and international manufacturers, with categories encompassing hand tools, power tools, industrial tools, measuring tools, and hardware. Quality items are supplied at competitive prices, supported by a dedicated sales team for customer service. Operations focus on reliable distribution and assistance to clients.

Vacon has 2 investors. Key investors include Danfoss, and Ahlström.

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