Formel D GmbH

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Formel D GmbH - overview

Established

1993

Location

Cologne, -, Germany

Primary Industry

Business Support Services

About

Founded in 1993 and based in Cologne, Germany, Formel D GmbH is a business support services company that provides quality control services for the automotive and component supply industry. Its business covers more than 90 sites in 22 countries, and it has around 10,500 employees from 45 countries. In 2020, its revenue reached 301 million euros. Dr.


Thomas Klukas, the company's CEO, worked in SGS SA, responsible for testing, inspection, and certification of automotive. And it also worked in DEKRA SE in management and leadership positions. Formel D GmbH provides product development, production, and aftersale services for the automotive industry. The product development includes building up the mule and test vehicles, vehicle testing, vehicle test center operations, camouflaging, and software testing.


Production services include supplier sourcing and readiness, launch and series management, quality management, localization and relocation, and value-added assembly. And after-sales services include services management, vehicle management, dealer management, warranty management, and software management.


Current Investors

3i, Trustar Capital

Primary Industry

Business Support Services

Sub Industries

Consulting Services, Automobiles, Other Vehicles & Parts

Website

www.formeld.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Formel D GmbH - financials

Fiscal Year EndedDec 31, 2012
Revenue (USD)-
% Revenue Growth (YoY)-
EBITDA (USD)-
Operating Income (USD)-
Operating Margin-
% EBITDA Margin-
NET Income (USD)-
% Net Margin-

Formel D GmbH - 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-onCompletedVdynamics GmbH-
Add-onCompletedCPS Quality-
Secondary BuyoutCompletedFormel D GmbH-
BuyoutCompletedFormel D GmbH-

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Formel D GmbH - employee data

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Formel D GmbH - key contacts

NamePositionStart DateEnd DateVcardBio 
Board MemberBM

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