Cordenka GmbH & Co. KG
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Cordenka GmbH & Co. KG - overview
Established
1938
Location
Obernburg am Main, -, Germany
Primary Industry
Materials
About
Cordenka GmbH & Co. KG, based in Germany, specializes in manufacturing bio-based premium rayon fibers, focusing on high-performance technical viscose yarns suited for diverse industrial applications. Cordenka GmbH & Co. KG, founded in 1938 in Obernburg am Main, Germany, is a manufacturer of bio-based rayon fibers.
In November 2018, the company underwent a Secondary Buyout when BMC Europe acquired it for EUR 240 million from Chequers Capital. The company has participated in a total of 4 deals, with its most recent deal occurring in November 2018. Udo Kuhlmann is the current CEO. Cordenka manufactures bio-based premium rayon fibers, particularly technical viscose yarns designed for applications in composite materials and tire reinforcement.
Their products cater to the automotive, agriculture, and construction industries, focusing on sustainability by using renewable cellulose sources. Cordenka's rayon fibers are essential for enhancing the performance and durability of various end products, serving a global clientele across Europe, North America, and Asia. Cordenka reported a revenue of EUR 191,751,500 in its most recent fiscal year, 2010. The company operates on a B2B model, partnering with manufacturers in sectors such as automotive and agriculture.
Cordenka’s revenue model is based on high-quality materials, including their ISCC+ certified rayon, which supports long-term supply agreements. Cordenka plans to leverage its recent funding from the EUR 240 million Secondary Buyout in November 2018 to expand its product offerings and market presence. The company is focusing on designing new technical rayon products aimed at enhancing performance in demanding applications. Cordenka is also targeting growth in international markets, with specific plans for expansion in North America and Asia by 2025.
Current Investors
BMC Europe
Primary Industry
Materials
Sub Industries
Commodity Chemicals, Textiles
Website
www.cordenka.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Cordenka GmbH & Co. KG - financials
| Fiscal Year Ended | Dec 31, 2010 |
|---|---|
| Revenue (USD) | - |
| % Revenue Growth (YoY) | - |
| EBITDA (USD) | - |
| Operating Income (USD) | - |
| Operating Margin | - |
| % EBITDA Margin | - |
| NET Income (USD) | - |
| % Net Margin | - |
Cordenka GmbH & Co. KG - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Cordenka GmbH & Co. KG | - | ||||||||
| Recapitalisation | Completed | Cordenka GmbH & Co. KG | - | ||||||||
| Recapitalisation | Completed | Cordenka GmbH & Co. KG | - | ||||||||
| Secondary Buyout | Completed | Cordenka GmbH & Co. KG | - |
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Cordenka GmbH & Co. KG - employee data


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