Industrielack AG
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Industrielack AG - overview
Established
1976
Location
-, -, Switzerland
Primary Industry
Chemicals
About
Industrielack AG is a Swiss manufacturer specializing in high-performance non-stick coatings for cookware and industrial applications. The company focuses on providing innovative, tailored solutions to meet diverse industry needs. Founded in 1976, Industrielack AG operates as a manufacturer of specialized non-stick coatings. The company has made significant strides in its business strategy and has a global presence with headquarters in Switzerland.
In May 2019, Showa Denko K. K. acquired Industrielack AG from Helvetica Capital, marking a pivotal moment in its corporate evolution. The firm is known for its advanced product offerings and has been part of two notable deals, with the most recent deal occurring on May 28, 2019.
ILAG, a prominent manufacturer of high-performance non-stick coatings, specializes in creating tailored solutions for both consumer goods and industrial applications. Their core product offerings include a variety of advanced non-stick coatings designed to mitigate adhesion issues in cookware, bakeware, and industrial equipment. These coatings are utilized in products such as PTFE cookware, ceramic bakeware, and various kitchen electrics, effectively addressing the needs of manufacturers and consumers alike for reliable, health-conscious cooking options. The company's clientele spans multiple sectors, including the food processing industry, automotive manufacturing, and medical equipment, indicating a broad market reach.
ILAG's products are distributed across various international markets, including Europe, North America, and Asia, ensuring widespread access to their innovative coating technologies. ILAG generates revenue through B2B transactions primarily with manufacturers and retailers in the consumer goods and industrial sectors. The company's business model is centered around supplying customized coating solutions, where companies place bulk orders based on their production requirements. The revenue structure encompasses direct sales and long-term partnerships, allowing clients to integrate ILAG’s trademarked coating systems, such as CERALON and CORFLON, into their products.
Pricing for these specialized coatings is determined based on the client's specifications and the volume of the order, reflecting the tailored nature of ILAG's offerings. The firm fosters strong relationships with both manufacturers and wholesalers, reinforcing its position in the market while delivering high-quality, reliable anti-stick solutions. Industrielack AG aims to expand its product offerings with the development of new non-stick coatings targeting both consumer and industrial markets. Specific release dates for these products will be announced as development progresses.
The company is also exploring opportunities to penetrate new geographic markets, particularly in Asia and North America, to enhance its global footprint. The acquisition by Showa Denko K. K. in July 2019 will support these initiatives by providing additional resources and market access, allowing ILAG to capitalize on growth opportunities and innovate further in coating technology.
Primary Industry
Chemicals
Sub Industries
Paints & Coatings
Website
www.ilag.ch
Verticals
Manufacturing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Industrielack AG - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Industrielack AG | - | ||||||||
| Buyout | Completed | Industrielack AG | - |
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