Cetek Ltd.
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Cetek Ltd. - overview
Established
1995
Location
Brook Park, OH, US
Primary Industry
Chemicals
About
Cetek Ltd. specializes in the development of advanced ceramic coatings for industrial applications, primarily in refining and chemical processing sectors, enhancing equipment efficiency and longevity. Cetek Ltd. , founded in 1995 and headquartered in Brook Park, US, focuses on high emissivity ceramic coatings for industrial applications.
It has completed 2 deals to date. The founder's prior ventures are not specified, and there is no indication of company pivots or parent-subsidiary relationships. Cetek® Ceramic Technologies specializes in high emissivity ceramic coatings designed for industrial applications, particularly within refining and chemical processing sectors. Their core offerings include coatings for process tubes and refractory surfaces, which enhance heat transfer efficiency, prevent oxidation and carburization, and extend the life of equipment.
These coatings are essential for facilities aiming to optimize heater operations, reduce fuel consumption, and lower emissions of CO2 and NOx. Cetek's services cater to a diverse clientele across over 200 global refining and chemical processing sites, including industries such as power generation, chemicals, cement, and metals. The company’s products are implemented in key markets, notably North America, Europe, the Middle East, and Asia, addressing the needs of operators facing challenges with heat transfer efficiency and emissions control. Cetek® Ceramic Technologies generates revenue through direct business-to-business transactions with industrial clients, primarily in the refining and chemical sectors.
The company’s transactional structure typically involves providing comprehensive technical evaluations followed by customized coating services, where clients receive a proposal based on the specific needs identified during the evaluation. These proposals include pricing for the application of their flagship high emissivity ceramic coatings and related services, which are aimed at enhancing operational efficiency and reducing costs associated with fuel consumption and emissions. The pricing structure is tailored to the unique requirements of each client, reflecting the complexity and scale of their operations while fostering long-term partnerships that ensure ongoing maintenance and service contracts. Cetek Ltd.
plans to utilize its recent acquisition by Consilium Partners to enhance its product offerings and expand into new markets. Future initiatives may include the design and launch of new ceramic coatings tailored for emerging industrial applications. Expansion plans are anticipated to focus on increasing market share in regions such as Asia and Europe by 2025. The details on funding utilization for these initiatives are not disclosed.
Current Investors
Consilium Partners, Integrated Global Services, Inc.
Primary Industry
Chemicals
Sub Industries
Chemicals
Website
www.ceteklimited.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Cetek Ltd. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Cetek Ltd. | - | ||||||||
| Buyout | Completed | Cetek Ltd. | - |
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