Polwax

Polwax S. A. is a Polish company engaged in the production and distribution of paraffin products for industries such as food packaging, agriculture, and woodworking, emphasizing innovation and quality in its offerings. Polwax S.

A. specializes in producing and supplying a wide range of paraffin products. The company was founded and is headquartered in Poland. In October 2014, Polwax completed its IPO, enabling Krokus Private Equity to exit half of its stake.

By October 2016, Krokus Private Equity fully exited its investment through a private placement. Michał Mróz serves as the CEO of the company. The most recent funding round was a Buyout in which EUR 7. 70 mn was raised, bringing the total amount raised to EUR 7.

70 mn. Polwax S. A. specializes in the production and distribution of paraffin products, including emulsions, pellets, sheets, granules, and melted forms.

These products are utilized across industries for purposes such as wood preservation, food packaging, and agricultural applications. The company has developed innovative solutions for the artificial fertilizer sector and other industries while adhering to global safety and quality standards. In the most recent fiscal year of 2022, Polwax S. A.

reported a revenue of EUR 74,569,350. 50 and an EBITDA of EUR 5,209,471. 20. The company primarily generates revenue through direct sales and B2B partnerships with manufacturers and retailers, facilitating bulk orders to meet client needs across various sectors.

Polwax is focused on expanding its product portfolio with upcoming innovative products targeting the agricultural and food contact materials sectors. Plans for market expansion will include reaching more international territories by 2024. The recent Buyout funding of EUR 7. 70 mn will be allocated to enhance product development and support these expansion efforts.