Kemetyl Group
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Kemetyl Group - overview
Established
1918
Location
-, -, Sweden
Primary Industry
Chemicals
About
Kemetyl Group is a Swedish company specializing in technical alcohols and repair solutions, offering products for automotive care, cleaning, and disinfecting, with a commitment to sustainability. Kemetyl Group, founded in 1918 in Sweden, focuses on developing and marketing a variety of technical alcohols and maintenance solutions. The company operates independently and has not undergone any notable structural changes. The founder's specific history and previous ventures are not publicly documented.
Kemetyl Group has its headquarters in Sweden and has entered into three notable funding deals, with the latest being in March 2016, when Segulah sold its remaining stake to company management. Kemetyl specializes in a wide array of products centered around technical alcohols and effective repair solutions. Key offerings include the T-Blå® windshield washer fluid, designed for clarity and safety while driving, and the Plastic Padding line of versatile filler products. Additionally, the company provides cleaning and disinfecting solutions aimed at both personal and professional use, reflecting a commitment to sustainability.
Kemetyl serves a diverse clientele, including automotive manufacturers, DIY consumers, and marine operators, with its products distributed across various European markets such as Sweden, Finland, Poland, and the Netherlands. In 2023, Kemetyl generated a revenue of USD 33. 63 mn, with an EBITDA of USD 1. 60 mn.
The company markets its flagship products through established retail and wholesale channels, maintaining B2B relationships with OEMs and distributors, as well as direct-to-consumer sales. Pricing for products like T-Blå® and the Plastic Padding line is competitive, catering to both individual and commercial clients. Kemetyl Group is focused on expanding its product lineup with new offerings set to launch in the upcoming year, although specific release dates have not been disclosed. The company aims to penetrate additional markets in Eastern Europe and Scandinavia by the end of 2024.
Recent funding will support these expansion efforts, enhancing product development and marketing strategies. In 2016, Segulah exited part of its stake in Kemetyl Group, with the financial terms of the transaction not disclosed, marking a significant moment in the company's ownership history.
Primary Industry
Chemicals
Sub Industries
Petrochemicals, Commodity Chemicals
Website
www.kemetyl.se
Total Amount Raised
Subscriber access only
Kemetyl Group - timeline of key events
Kemetyl Group - financials
| Fiscal Year Ended | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 362,564,000 | 310,475,000 | 291,308,000 | 306,087,000 | 319,793,000 | 317,994,000 | 363,387,000 | 288,870,000 | 302,503,000 | 368,351,000 | - | - | - |
| % Revenue Growth (YoY) | - | (14.4%) | (6.2%) | 5.1% | 4.5% | (0.6%) | 14.3% | (20.5%) | 4.7% | 21.8% | - | - | - |
| EBITDA (USD) | (3,972,000) | (16,583,000) | (15,586,000) | (7,783,000) | (2,735,000) | (3,829,000) | (5,870,000) | (464,000) | 5,485,000 | 48,958,000 | - | - | - |
| Operating Income (USD) | (9,096,000) | (21,923,000) | (20,610,000) | (12,947,000) | (6,990,000) | (8,288,000) | (9,162,000) | (3,070,000) | 3,166,000 | 44,612,000 | - | - | - |
| Operating Margin | (2.5%) | (7.1%) | (7.1%) | (4.2%) | (2.2%) | (2.6%) | (2.5%) | (1.1%) | 1.0% | 12.1% | - | - | - |
| % EBITDA Margin | (1.1%) | (5.3%) | (5.4%) | (2.5%) | (0.9%) | (1.2%) | (1.6%) | (0.2%) | 1.8% | 13.3% | - | - | - |
| NET Income (USD) | (8,994,000) | (10,743,000) | (24,667,000) | (4,441,000) | (5,147,000) | (10,195,000) | (11,062,000) | (11,760,000) | (1,405,000) | 34,230,000 | - | - | - |
| % Net Margin | (2.5%) | (3.5%) | (8.5%) | (1.5%) | (1.6%) | (3.2%) | (3.0%) | (4.1%) | (0.5%) | 9.3% | - | - | - |
Kemetyl Group - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sale to Management | Completed | Kemetyl Group | - | ||||||||
| Add-on | Completed | Antibac | - | ||||||||
| Trade Sale | Completed | Kemetyl Group | - | ||||||||
| Buyout | Completed | Kemetyl Group | - |
Displaying 1 - 4 of 4
Kemetyl Group - employee data
Kemetyl Group - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Member Board Of Directors | BM |
BM Board Member
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