Primekss

Primekss specializes in advanced concrete solutions, particularly through its patented steel fiber reinforced self-stressing concrete technology, enhancing efficiency in industrial construction applications worldwide. Founded in 1977 in Riga, Latvia, Primekss focuses on concrete technology innovations. The company has engaged in three investment deals, the most recent being a funding round in January 2014, led by Wermuth Asset Management, raising EUR 10. 00 mn.

The company's operational strategies have remained consistent since inception, aimed at enhancing construction solutions. Primekss was established by a group of innovators in the concrete industry, although specific founder details are not available. The firm's headquarters in Riga oversees global operations, with a significant presence in Europe, the United States, Canada, the United Kingdom, and parts of Asia. Primekss offers a wide range of advanced concrete products, focusing on its patented PrīmX technology.

This includes the PrīmX Pure, a carbon-negative flooring solution, and specialized products for outdoor applications and LNG tank gas protection systems. Their solutions cater to diverse industries, including manufacturing and logistics, promoting durability and sustainability in construction. In 2023, Primekss reported a revenue of EUR 48,744,316. 50, with an EBITDA of EUR 5,820,563.

70, generated primarily through the direct sales of its advanced concrete products to a varied client base, enhancing operational efficiency in construction projects. Primekss aims to expand its product offerings with new innovations in concrete technology, focusing on sustainability and advanced performance. Additionally, the company is targeting new markets in Asia and North America for expansion by 2025. The recently raised EUR 10.

00 mn will support these initiatives, facilitating research and development for upcoming products. This funding will also bolster marketing efforts to establish a stronger presence in the targeted regions.