
GINDUMAC
The Easy Way to Sell and Buy Used Machinery (Imprint: https://t.co/aY26rDhoVr).
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
N/A | - | ||
Total Funding | 000k |
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | - | - | (32 %) | 102 % | - | - |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | - | - | (15 %) | 40 % | 2 % | - | - |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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GINDUMAC GmbH operates as a transactional platform focused on the global used industrial machinery market. The company was founded in July 2016 by Janek Andre and Benedikt Ruf, who identified an opportunity to address the inefficiencies and lack of transparency in the used machinery sector. They established the company with headquarters in Kaiserslautern, Germany, followed by an office in Barcelona, Spain, in September 2016. The firm has since expanded its global footprint with a presence in India.
The core of GINDUMAC's business is its online platform, which facilitates the buying and selling of used equipment for metalworking, sheet metal processing, injection molding, and plastics processing. The business model is centered on a "back-to-back" approach, where GINDUMAC purchases machinery directly from sellers and then resells it, taking full ownership of the assets during the transaction. This model, combined with data-driven solutions and transparent pricing, aims to provide fair market value and a streamlined process for both parties. The company generates revenue through these direct sales, offering a complete service package that includes logistics, machine preparation, and transport.
The company serves industrial and manufacturing clients globally who are looking to either divest from or acquire machinery. For sellers, GINDUMAC offers options for direct purchase or global marketing, addressing the critical factors of time and price. For buyers, the platform provides access to a wide inventory of machines that are available at shorter notice compared to new equipment, a significant advantage given the long delivery times from manufacturers. The platform's use of digital video inspections has enabled over 90% of machines to be sold without a physical visit from the customer. The company has demonstrated significant growth, with transaction volumes increasing by over 50% in both 2021 and 2022. In June 2024, GINDUMAC acquired Wehrmann GmbH & Co. KG, a B2B platform for woodworking machinery, to expand its platform strategy into a new segment.
Keywords: used machinery, industrial equipment, transactional platform, metalworking, plastics processing, B2B marketplace, machinery trading, asset disposition, global logistics, equipment acquisition