Esseti Plast GD Srl

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Esseti Plast GD Srl - overview

Established

2009

Location

-, -, Italy

Primary Industry

Chemicals

About

Esseti Plast GD Srl is an Italian company specializing in the development and production of masterbatches for coloring plastic polymers, serving diverse industries with tailored solutions that enhance product aesthetics and functionality. Founded in 2009 in Italy, Esseti Plast GD Srl focuses on producing masterbatches for plastic polymers. The company underwent a significant change when it was acquired by Ascend Performance Materials Operations LLC in September 2020, following the acquisition agreement in February 2020. Specific details about the founders are not available.


Esseti Plast GD SRL specializes in the development and production of masterbatches used for coloring plastic polymers. Their core offerings include high-performance color masterbatches that enhance the aesthetic and functional properties of various plastic products. These masterbatches provide virtually limitless creative possibilities, allowing for tailored color solutions that meet the specific needs of diverse customer segments, including packaging, automotive, and consumer goods industries. The company’s approach emphasizes flexibility and quality, driven by continuous experimentation and adaptation to market demands.


Their products are marketed primarily within Europe and extend to other international markets, catering to a global clientele that values innovation in color technology and polymer applications. For the year 2023, Esseti Plast GD Srl recorded a revenue of USD 14. 16 mn and an EBITDA of USD 2. 14 mn, demonstrating its robust business model and market position in the B2B sector.


Esseti Plast GD Srl is focused on expanding its product offerings and entering new geographical markets. The company plans to launch new innovative masterbatch products designed to meet evolving customer demands. Additionally, it aims to expand its reach within Europe and into Asian markets by 2025. The recent acquisition by Ascend Performance Materials Operations LLC is expected to provide strategic support for these growth initiatives, enhancing production capabilities and market penetration.


Current Investors

Ascend Performance Materials Operations LLC

Primary Industry

Chemicals

Sub Industries

Commodity Chemicals

Website

www.essetiplast.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Esseti Plast GD Srl - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedEsseti Plast GD Srl-

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