About WKS Group
WKS Group is a company based in Wilsum (Germany) founded in 1984 was acquired by Meyermeyer in October 2018.. The company has 130 employees as of December 31, 2020. WKS Group offers products and services including Logistics and Fulfillment, Quality Control, Reverse Logistics, Upcycling and Repair, and Laundry Services. WKS Group operates in a competitive market with competitors including Twiga Foods, AInnovation, Printful, REEF and TradeDepot, among others.
- Headquarter Wilsum, Germany
- Employees 130 as on 31 Dec, 2020
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Wks Textilveredlungs-Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
130
as on Dec 31, 2020
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Acquired by
Meyermeyer
(Oct 23, 2018)
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Products & Services of WKS Group
WKS Group offers a comprehensive portfolio of products and services, including Logistics and Fulfillment, Quality Control, Reverse Logistics, Upcycling and Repair, and Laundry Services. 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.
Manages textile logistics and order processing for efficient delivery.
Ensures standards in textile products through inspection services.
Handles returns and recycling in textile supply chains.
Transforms waste textiles into reusable items via repair.
Provides cleaning and maintenance for textile products.
Funding Insights of WKS Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 WKS Group
WKS Group has secured backing from 1 investor. Prominent investors backing the company include Meyer & Meyer. 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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Logistics solutions are provided by Meyer & Meyer for various industries.
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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 WKS Group
| 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 - WKS Group
| 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 |
Wks Group Comparisons
Competitors of WKS Group
WKS Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Twiga Foods, AInnovation, Printful, REEF and TradeDepot, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Farm products are distributed via an online marketplace to vendors.
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| domain | founded_year | HQ Location |
AI software is developed for retail, manufacturing, and insurance sectors.
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| domain | founded_year | HQ Location |
On-demand custom printing and fulfillment services are provided for e-commerce.
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| domain | founded_year | HQ Location |
REEF is focused on connecting goods and services to local neighborhoods through digital solutions.
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| domain | founded_year | HQ Location |
Software solutions are provided for B2B stock redistribution management.
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| domain | founded_year | HQ Location |
Provider of software solutions enabling informal distribution for retail businesses
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| 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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Frequently Asked Questions about WKS Group
When was WKS Group founded?
WKS Group was founded in 1984.
Where is WKS Group located?
WKS Group is headquartered in Wilsum, Germany. It is registered at Wilsum, Niedersachsen, Germany.
How many employees does WKS Group have?
As of Dec 31, 2020, the latest employee count at WKS Group is 130.
What does WKS Group do?
The WKS Group was founded in 1984 and is headquartered in Wilsum, Germany. Operation management solutions are offered by the company to fashion businesses, focusing on textile-related processes. Services include tools for inventory control, production planning, and supply chain optimization within the fashion sector. Leadership is provided by Managing Director Michael Hofmann, with operations centered in Germany.
Who are the top competitors of WKS Group?
WKS Group's top competitors include Increff, Darkstore and Twiga Foods.
What products or services does WKS Group offer?
WKS Group offers Logistics and Fulfillment, Quality Control, Reverse Logistics, Upcycling and Repair, and Laundry Services.
Who are WKS Group's investors?
WKS Group has 1 investor. Key investors include Meyer & Meyer.