SULO Group
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SULO Group - overview
Established
1875
Location
Herford, -, Germany
Primary Industry
Power & Utilities
About
SULO Group specializes in innovative waste management solutions, offering tailored container systems for municipalities and businesses to enhance waste sorting and collection efficiency across multiple European markets. SULO Group designs and manufactures waste management solutions, focusing on container systems for municipal and commercial use. Founded in 1875 in Herford, Germany, the company has undergone no significant pivots in its business strategy. Tamari Lukava founded SULO, which has been part of Veolia Group since the TRADE SALE in April 2007 for EUR 1.
450 billion. The company has been involved in 2 deals, with the most recent deal dated April 27, 2007. The current CEO is Michael Stachowski, along with Yves CUYVERS. SULO Deutschland GmbH specializes in designing and manufacturing innovative waste management solutions, including the CITYBAC® series of waste bins, available in capacities ranging from 60 liters to 1,100 liters.
The company also produces specialized containers for medical waste and various industrial applications, aimed at improving waste management processes across European markets, including Austria, France, and the Benelux region. By leveraging technology in design and functionality, SULO meets the demand for sustainable waste management solutions. In the most recent year, 2022, SULO Deutschland GmbH generated revenue of EUR 91. 84 mn, with an EBITDA of EUR -769,756.
8. The company’s revenue primarily comes from direct sales of waste management products to municipalities and businesses, often through B2B transactions involving bulk orders tailored to specific needs. SULO Group aims to expand its product line with new waste management solutions and is exploring entry into new geographic markets. While specific upcoming product launches and targeted regions are not detailed, the recent funding will support these initiatives as they progress with their growth strategy.
The funding from Veolia Group enhances their capacity to innovate and expand, following the acquisition deal completed on April 27, 2007.
Primary Industry
Power & Utilities
Sub Industries
Waste Management
Website
www.sulo.de
Company Stage
Acquired
Total Amount Raised
Subscriber access only
SULO Group - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | SULO Group | - | ||||||||
| Add-on, Corporate Carve Out | Completed | Cleanaway Deutschland AG & Co. KG | - | ||||||||
| Buyout | Completed | SULO Group | - |
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