Prokabel
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Prokabel - overview
Established
1982
Location
Gothenburg, -, Sweden
Primary Industry
Logistics & Distribution
About
Prokabel specializes in the marketing, warehousing, and sales of advanced cable technology and accessories for various industrial sectors, particularly in Europe and the USA. Prokabel, founded in 1982, is located in Gothenburg, Sweden. The company focuses on providing specialized cable solutions and has undergone a pivotal change when it was acquired by Provator in 2017. The founder's background details are not available.
Since its establishment, Prokabel has primarily operated as an independent entity without subsidiaries or parent company affiliations. Lidalco AB, operating as Prokabel, specializes in marketing, warehousing, and sales of advanced cable technology and accessories. Their core offerings include specialty cables, spiral cables, protective tubing, cable glands, cable ties, and labelling systems designed for diverse industrial applications, including solar energy, manufacturing, and OEM sectors in Europe and the USA. Products are made from various materials such as Texiline, PUR, TPE, PETP, and PVC, allowing for tailored solutions starting from lengths of 500 meters, catering to both bulk and specific project needs.
In 2024, Prokabel reported a revenue of USD 9. 04 mn and an EBITDA of USD 1. 19 mn. The company primarily operates on a B2B model, serving industrial, wholesale, and OEM clients through direct sales and distributor channels, with a focus on high-quality offerings under their EUROFLEX® brand.
Their product range is enhanced through collaborations with established brands like Cembre and Doepke, providing advanced connection materials and circuit breakers. Prokabel's future growth strategy includes the design and launch of new specialized cable products, although specific release dates have not been disclosed. The company aims to expand its market presence into new regions, specifically targeting growth in the European and North American markets by 2025. The acquisition by Provator in 2017 is anticipated to facilitate these initiatives by providing additional resources and support for market entry and product development.
Current Investors
Provator
Primary Industry
Logistics & Distribution
Sub Industries
Logistics & Distribution
Website
http://www.lidalco.se
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Prokabel - timeline of key events
Prokabel - financials
| Fiscal Year Ended | Apr 30, 2018 | Apr 30, 2019 | Apr 30, 2020 | Apr 30, 2021 | Apr 30, 2022 | Apr 30, 2023 | Apr 30, 2024 | Apr 30, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 20,614,000 | 43,509,000 | 50,802,000 | 57,375,000 | 75,726,000 | - | - | - |
| % Revenue Growth (YoY) | - | 111.1% | 16.8% | 12.9% | 32.0% | - | - | - |
| EBITDA (USD) | 1,698,000 | 4,690,000 | 6,509,000 | 9,059,000 | 10,719,000 | - | - | - |
| Operating Income (USD) | 837,000 | 3,217,000 | 5,076,000 | 7,493,000 | 9,001,000 | - | - | - |
| Operating Margin | 4.1% | 7.4% | 10.0% | 13.1% | 11.9% | - | - | - |
| % EBITDA Margin | 8.2% | 10.8% | 12.8% | 15.8% | 14.2% | - | - | - |
| NET Income (USD) | 287,000 | 2,030,000 | 3,440,000 | 5,508,000 | 6,808,000 | - | - | - |
| % Net Margin | 1.4% | 4.7% | 6.8% | 9.6% | 9.0% | - | - | - |
Prokabel - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Prokabel | - |
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Prokabel - employee data
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