Environmental Technology Inc (ETI)
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Environmental Technology Inc (ETI) - overview
Established
1969
Location
-, CA, US
Primary Industry
Materials
About
Based in California, Environmental Technology Inc (ETI) specializes in manufacturing resin-based products for consumer and commercial applications, including epoxy and urethane materials. Environmental Technology Inc (ETI) was founded in 1969 in California, US. The company focuses on developing a range of resin products and has undergone significant growth in its manufacturing capabilities. The firm was acquired by Polytek Development Corp in May 2019, though financial details were not disclosed.
The current CEO is Edwin Omueti, and the company has prominent figures like Armando Di Nardo and Aydan Kanatli among its founders. Environmental Technology Inc. specializes in manufacturing a diverse range of resin-based products tailored for both consumer and commercial applications. Their core offerings include epoxy, fast cast urethane, polyester mold-making materials, and a variety of mold release agents.
These products facilitate various crafting and industrial processes, enabling end-users to create durable molds, castings, and art pieces efficiently. The company serves a broad customer base, including artists, crafters, and manufacturers across different sectors, such as jewelry making, art coatings, and construction, distributing its products across North America and select regions in Europe and Asia. Revenue generation at Environmental Technology Inc. is established through direct sales of its resin products to both B2B clients and individual consumers.
The company engages in transactions with retailers and wholesalers, offering a structured pricing model based on volume purchases and product types. Clients, ranging from craft stores to manufacturing firms, procure flagship products such as their trademarked epoxy and fast cast urethane for various applications. The pricing strategy is structured around product categories, with specific plans tailored for commercial clients who require bulk orders, enabling flexibility in catering to diverse customer needs while maintaining steady revenue streams. Environmental Technology Inc.
aims to enhance its market presence by launching new products designed specifically for the crafting and industrial sectors. The company plans to expand its reach into European and Asian markets by the end of 2023. The recent acquisition by Polytek Development Corp in May 2019 will support these growth initiatives, providing additional resources and expertise to enhance product offerings and market penetration.
Current Investors
Polytek Development Corp.
Primary Industry
Materials
Sub Industries
Rubber & Plastics
Website
www.eti-usa.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Environmental Technology Inc (ETI) - 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 | Environmental Technology Inc (ETI) | - |
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