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 Ended | Dec 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 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 | Vdynamics GmbH | - | ||||||||
| Add-on | Completed | CPS Quality | - | ||||||||
| Secondary Buyout | Completed | Formel D GmbH | - | ||||||||
| Buyout | Completed | Formel D GmbH | - |
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Formel D GmbH - employee data

Formel D GmbH - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Board Member | BM |
BM Board Member
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