Proteye Veiligheidsbrillen BV

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Proteye Veiligheidsbrillen BV - overview

Established

1995

Location

Groningen, -, Netherlands

Primary Industry

Consumer Products

About

Proteye Veiligheidsbrillen BV develops and distributes high-quality eye protection products, including safety goggles and swimming goggles, tailored for various industrial and recreational applications, ensuring user safety and comfort. Proteye Veiligheidsbrillen BV specializes in eye protection solutions. Founded in 1995 and headquartered in Groningen, Netherlands, the company was acquired by Hilsinger Holdings, a portfolio company of Blue Point Capital Partners, in September 2016. The founder's specific history and any prior ventures are not publicly documented.


Proteye specializes in the design and distribution of high-quality eye protection products, including safety goggles, diving masks, and swimming goggles. The company's core offerings provide a wide field of view and large protection area, catering to both recreational and professional users. Their products ensure safety in industrial environments, enhance visibility underwater, and provide comfort during recreational swimming. Proteye targets a diverse customer base including individual consumers, sports enthusiasts, and professionals requiring reliable eye protection.


The company primarily markets its products in Europe, focusing on regions with stringent safety regulations and high consumer demand for quality eyewear. Proteye's revenue model is based on direct-to-consumer sales and partnerships with retailers and wholesalers. Customers purchase products, such as safety goggles or swimming goggles, directly through the company's website or authorized retail outlets. The firm emphasizes a seamless purchasing experience and aims to maintain competitive pricing.


Their flagship products, including custom-designed safety goggles, meet consumer demand and industry standards, contributing to the firm’s revenue generation strategy. Proteye Veiligheidsbrillen BV aims to enhance its product lineup with the introduction of new eye protection products in the coming years. The company is targeting expansion into new geographic markets within Europe by 2025, taking advantage of increasing safety regulations. The recent acquisition in September 2016 by Hilsinger Holdings is expected to provide the necessary resources to support these initiatives.


Current Investors

Hilco Vision

Primary Industry

Consumer Products

Sub Industries

Accessories, Recreational Hobbies & Sporting Goods, Optometrists & Opticians Products and Services

Website

www.proteye.nl

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

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Proteye Veiligheidsbrillen BV - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedProteye Veiligheidsbrillen BV-

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