Porex Corporation
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Porex Corporation - overview
Established
1961
Location
Fairburn, GA, US
Primary Industry
Materials
About
Porex Corporation develops and manufactures porous polymer solutions that are essential across various sectors such as life sciences, consumer goods, and industrial applications, focusing on filtration and wicking systems. Founded in 1961 in Fairburn, US, Porex Corporation specializes in porous polymer technologies. The company was acquired by Filtration Group Corp in October 2013. It has undergone strategic changes but maintains its core focus on porous solutions.
Porex Corporation specializes in the development and manufacturing of porous polymer solutions, which serve as critical components across various industries, including life sciences, consumer goods, and industrial applications. Their core offerings include advanced filtration media, wicking systems, absorption media, and venting solutions, addressing complex challenges such as contamination control, fluid management, and accurate liquid delivery. These products are engineered using technologies like sintered porous plastics and polymeric fibers for controlled diffusion and efficient absorption. Porex serves over 1,500 manufacturers in 65 countries, with applications in medical devices, automotive, and consumer electronics, ensuring a global reach.
Porex Corporation generates revenue through direct business-to-business transactions with manufacturers seeking customized porous solutions. The company fosters collaborative partnerships for tailored solutions based on specific performance requirements. Transactions often involve volume-based pricing for products like custom-engineered filtration media and wicking systems, including long-term contracts or one-time orders. Flagship products, such as proprietary filtration media and diffusion systems, play a significant role in Porex's revenue model, supported by robust client relationships across various sectors.
Porex Corporation plans to leverage its recent acquisition by Filtration Group Corp to expand its product offerings and enter new markets. Upcoming innovations include new filtration technologies scheduled for launch by late 2014. The company aims to penetrate emerging markets in Asia and South America, targeting completion of this expansion by 2015. The recent Buyout round, which raised USD 142.
00 mn, will support these growth initiatives by funding product development and market entry strategies.
Current Investors
Madison Industries, Filtration Group Corporation
Primary Industry
Materials
Sub Industries
Healthcare, Rubber & Plastics
Website
www.porex.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Porex Corporation - 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 | Porex Corporation | - | ||||||||
| Trade Sale | Completed | Porex Corporation | - | ||||||||
| Buyout | Completed | Porex Corporation | - |
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