Perstorp AB
Perstorp AB provides chemical additives for the coatings and resin industries.
| Date | Investors | Amount | Round |
|---|---|---|---|
N/A | Acquisition | ||
€30.0m | Grant | ||
* | €1.5b Valuation: €2.3b 1.2x EV/Revenue | Acquisition | |
* | €97.0m | Grant | |
| Total Funding | $140m | ||
| SEK | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 1 % | 20 % | (9 %) | (5 %) | (22 %) | 47 % | 13 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (10 %) | (1 %) | - | 30 % | 1 % | 7 % | (4 %) |
| 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
Perstorp AB, a name synonymous with innovation in the chemical industry, was founded in 1881 in Sweden. The company was the brainchild of Wilhelm Wendt, who envisioned a future where chemistry could drive industrial progress. Over the years, Perstorp has evolved into a leader in specialty chemicals, focusing on products like polyalcohols, which are essential in the production of resins for the coatings industry.
Throughout its history, Perstorp has been at the forefront of chemical innovation, continuously adapting to the changing needs of the market. This adaptability was evident in its strategic decisions, including significant acquisitions and expansions that bolstered its market position.
One of the most pivotal moments in Perstorp's journey came in May 2022, when it was acquired by Petronas Chemicals Group Bhd for €1.54 billion. This acquisition marked a new chapter for Perstorp, providing it with the resources and global reach to further its mission of delivering sustainable chemical solutions.
Today, Perstorp stands as a testament to over 140 years of expertise and innovation in the chemical industry. Its journey from a small Swedish enterprise to a global leader underscores the enduring impact of visionary leadership and strategic foresight in shaping the future of industrial chemistry.
