Linatex
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Linatex - overview
Location
-, -, Malaysia
Primary Industry
Materials
About
Linatex specializes in the production of premium rubber products for industries such as mining and infrastructure, with an emphasis on durability and performance in demanding applications. Linatex is a manufacturer of high-quality rubber products, primarily catering to the mining and minerals industries. The company has been operational since its inception, focusing on high-performance solutions. In June 2010, the Weir Group Plc acquired Linatex from Navis Capital Partners for USD 172.
5 million in cash, assuming USD 27. 5 million in debt. The company's headquarters are located in Malaysia. The founder's history is not publicly detailed.
Linatex's core product line includes the Linatex® range of premium rubber products, which have been safeguarding processing equipment across various sectors since 1923. The proprietary Linatex® premium rubber is composed of 95% natural gum rubber, renowned for its strength and resistance to abrasion. This range includes hoses, molded parts, and material handling solutions, targeting slurry transportation and chemical processing. Linatex serves a wide array of industries, including mining and general industry, with a customer base that spans North America, Australia, and parts of Europe and Asia.
Revenue for Linatex is generated primarily through the sale of its premium rubber products to industry clients via B2B transactions. These transactions often involve bulk orders through direct sales contracts, fostering long-term partnerships especially in sectors like mining and infrastructure. The pricing structure varies based on specifications and order volumes, with flagship products like the Linatex® heavy-duty rubber mining/slurry hose being significant contributors to overall revenue. Linatex intends to expand its product offerings and enter new geographic markets.
Following the recent acquisition, the company is strategically positioned to leverage the Weir Group's resources for growth. Specific plans for new product launches have not been disclosed. Recent funding from the Trade Sale of USD 200. 00 mn on September 17, 2010, will support these initiatives as Linatex seeks to enhance its market reach and operational capabilities.
Primary Industry
Materials
Sub Industries
Rubber & Plastics
Website
www.linatex.com
Verticals
Manufacturing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Linatex - 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 | Linatex | - | ||||||||
| Buyout | Completed | Linatex | - |
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