Meteor Creative, Inc.
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Meteor Creative, Inc. - overview
Established
1979
Location
Tipp City, OH, US
Primary Industry
Chemicals
About
Meteor Creative, Inc. excels in custom plastic and rubber profile extrusion and injection molding, offering tailored solutions for automotive and industrial applications through innovative design and full-scale production. Meteor Creative, Inc. operates in the custom plastic and rubber profile extrusion and injection molding industries.
Founded in 1979 and headquartered in Tipp City, US, the company was formed through the acquisition of Creative Extruded Products, LLC by Meteor GmbH in November 2021. This acquisition aimed to enhance Meteor GmbH's North American presence and technological capabilities. The founder of Meteor Creative has an extensive background in the industry, although specific prior ventures are not disclosed. Meteor Creative, Inc.
specializes in custom profile extrusion and injection molding, providing a range of products tailored to meet diverse customer requirements. Their offerings include both simple and complex extrusions and complete assemblies, primarily serving automotive and industrial markets. The company emphasizes collaboration with clients throughout the product lifecycle, particularly in the auto glass repair and calibration sectors, distributing their products across North America to automotive manufacturers and suppliers. Meteor Creative generates revenue through direct B2B sales and partnerships, focusing on customized orders for profile extrusions and injection-molded components.
The company caters to specific client needs, which often involve bulk transactions spanning initial design to final assembly. Their proprietary pricing structure and flagship products significantly contribute to revenue, establishing their role as a comprehensive supplier in the market. Following the acquisition of Creative Extruded Products, LLC in November 2021, Meteor Creative plans to enhance its technological capabilities to support future growth in the North American market. The acquisition is expected to bolster their customer base and expand product offerings.
The company is focused on developing new products and solutions tailored to the automotive sector, aiming for a strategic rollout in the coming years. Recent funding will facilitate these initiatives, enabling Meteor Creative to enhance its distribution channels and innovate further within its existing product lines.
Current Investors
Prettl Produktions Holding GmbH, Trilantic Europe, Aequita
Primary Industry
Chemicals
Sub Industries
Adhesives & Sealants
Website
www.meteor-creative.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Meteor Creative, Inc. - 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, Trade Sale | Completed | Meteor Creative, Inc. | - | ||||||||
| Buyout | Completed | Meteor Creative, Inc. | - |
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