Struers ApS

Struers A/S, based in Denmark, specializes in materialographic and metallographic solutions, providing advanced equipment and consumables for sample preparation and analysis across numerous industries. Founded in 1875, Struers A/S operates primarily in Ballerup, Denmark, focusing on metallographic instrumentation and materials testing solutions. The company was fully acquired by Roper Industries in July 2001 for DKK 1. 2 billion.

Volkmar Prill serves as the current CEO. Struers has executed a total of 2 funding rounds, with the latest being a TRADE SALE in which DKK 1,200 mn was raised, leading to a total amount raised of DKK 1,200 mn. Struers is a leading provider of materialographic and metallographic solutions, specializing in equipment and consumables for sample preparation and analysis across diverse industries. Their core product offerings include automated systems for cutting, grinding, polishing, and hardness testing, designed to enhance the efficiency and consistency of metallographic processes.

Notable products include the Xmatic, an end-to-end automated grinding and polishing solution, and the DuraVista-40 hardness tester. Struers caters to a broad clientele that spans various sectors, including automotive, aerospace, electronics, and academic research institutions, primarily serving markets in Europe, North America, Asia-Pacific, and Latin America. For the year 2023, Struers reported a revenue amount of DKK 141,015,712. 3 and an EBITDA of DKK 44,853,841.

1. Their revenue is generated through B2B sales, providing a comprehensive range of products and services tailored to laboratories and research facilities. Clients often engage in multi-year contracts for ongoing service and consumable replenishment, ensuring long-term partnerships. Struers plans to expand its product line with upcoming releases aimed at enhancing efficiency in metallographic analysis.

Specific details about new products or launch dates have not been disclosed. The company is also targeting expansion into additional markets in Asia-Pacific and North America by 2024, utilizing the funds from the recent TRADE SALE to bolster its R&D efforts and support entry into these regions. The funding from Roper Technologies, Inc. is expected to facilitate these growth initiatives.