Concrane s.r.l.
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Concrane s.r.l. - overview
Established
1946
Location
Trieste, -, Italy
Primary Industry
Industrial Machinery
About
Concrane s. r. l. is a specialized engineering company focused on the design and manufacturing of advanced crane systems for industries such as offshore energy and marine applications.
Founded in 1946, Concrane s. r. l. operates under the umbrella of Remazel Engineering S.
p. A. , which acquired a 100 percent stake in the company in May 2019. The company is headquartered in Trieste, Italy, and has established itself in the offshore energy and marine sectors.
Concrane s. r. l. specializes in engineering advanced crane systems, including lattice boom cranes, knuckle boom cranes, and stiff boom cranes.
Their products cater to specific lifting needs in environments like offshore wind farms and subsea operations, with capacities between 15 tons and 50 tons for their offshore pipelayer cranes, optimized for electric and electro-hydraulic applications. In the most recent financial year, 2020, Concrane s. r. l.
reported revenue of USD 9. 32 mn and an EBITDA of USD 688,087. 9. Concrane s.
r. l. is set to leverage its expertise in crane systems to introduce new products tailored for the evolving needs of the offshore energy sector. With planned expansions into North America and parts of Asia by 2023, the company aims to enhance its market presence.
The recent acquisition by Remazel Engineering S. p. A. is expected to support these growth strategies by integrating resources and operational efficiencies.
Current Investors
Remazel Engineering SpA
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery
Website
www.concrane.it
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Concrane s.r.l. - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 3,972,778 | 2,687,299 | 7,714,602 | 3,473,015 | 4,904,738 | 9,724,401 | 2,581,018 | 7,975,432 | - | - | - |
| % Revenue Growth (YoY) | - | (32.4%) | 187.1% | (55.0%) | 41.2% | 98.3% | (73.5%) | 209.0% | - | - | - |
| EBITDA (USD) | 850,848 | 1,009,226 | 751,974 | 949,272 | 1,532,814 | 1,688,444 | 521,582 | 1,415,561 | - | - | - |
| Operating Income (USD) | 817,699 | 967,419 | 707,524 | 901,234 | 1,482,451 | 1,627,595 | 452,027 | 1,345,636 | - | - | - |
| Operating Margin | 20.6% | 36.0% | 9.2% | 25.9% | 30.2% | 16.7% | 17.5% | 16.9% | - | - | - |
| % EBITDA Margin | 21.4% | 37.6% | 9.7% | 27.3% | 31.3% | 17.4% | 20.2% | 17.7% | - | - | - |
| NET Income (USD) | 651,545 | 632,335 | 496,893 | 602,294 | 1,084,011 | 1,185,816 | 329,932 | 615,082 | - | - | - |
| % Net Margin | 16.4% | 23.5% | 6.4% | 17.3% | 22.1% | 12.2% | 12.8% | 7.7% | - | - | - |
Concrane s.r.l. - 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 | Concrane s.r.l. | - |
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Concrane s.r.l. - employee data
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