Glencore Plc

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Glencore Plc - overview

Established

1974

Location

Baar, -, Switzerland

Primary Industry

Mining

About

Based in Switzerland, Glencore Plc is a prominent global natural resources company that specializes in the production and marketing of metals, minerals, and energy commodities. Glencore Plc operates in the natural resource sector, focusing on commodities such as metals and energy. Founded in 1974 in Baar, Switzerland, the company underwent significant growth, culminating in a Trade Sale round that raised CAD 915. 00 mn in 2011.


The firm is led by CEO Gugu Makhombe and has executed a total of 11 deals. Glencore has maintained its strategic focus without notable pivots in its business operations. Glencore offers a diverse range of products focusing on metals, minerals, and energy, including copper, cobalt, nickel, zinc, and lead, as well as various ferroalloys. These commodities are essential for industries such as construction, automotive, electronics, and renewable energy.


The company caters to manufacturers, wholesalers, and retailers across Europe, North America, Asia, and Africa, ensuring that their products are integral to sectors striving for sustainability and efficiency. In the most recent year, Glencore reported revenue of CAD 217,829. 00 mn and an EBITDA of CAD 13,298. 00 mn.


The company's revenue model is established through B2B transactions, supplying essential metals and minerals to manufacturers who incorporate these materials into their production processes, with pricing based on market conditions and contractual agreements. Glencore intends to utilize the proceeds from its most recent Trade Sale round to support initiatives aimed at expanding its operational capabilities and product offerings. The company is exploring potential entry into new markets, particularly in Asia and Africa, where demand for renewable energy materials is growing. While specific new products are not detailed, the firm continues to align its strategies with the increasing global shift towards sustainable technologies and practices.


Current Investors

GIC, UBS Wealth Management, York Capital Management

Primary Industry

Mining

Sub Industries

Steel & Metals, Coal & Lignite Mining, Metal Mining

Website

www.glencore.com/

Company Stage

PIPE

Total Amount Raised

Subscriber access only

Glencore Plc - timeline of key events

Blurred Background

Want to see the Timeline of Key Events?

Request a demo for full access to this profile.

Glencore Plc - financials

Fiscal Year EndedDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)74,827,306,433.024---
% Revenue Growth (YoY)----
EBITDA (USD)405,083,488.105---
Operating Income (USD)385,939,991.02---
Operating Margin0.5%---
% EBITDA Margin0.5%---
NET Income (USD)661,625,167.598---
% Net Margin0.9%---

Glencore Plc - 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)
Corporate Carve OutCompletedChemoil Energy Services-
Trade SaleCompletedViterra B.V.-
Trade SaleCompletedGlencore Rail-
LP Direct, Trade SaleCompletedViterra B.V.-
IPOCompletedGlencore Plc-

Displaying 1 - 5 of 20

Glencore Plc - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.