Tuv Rheinland Group
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Tuv Rheinland Group - overview
Established
1872
Location
Cologne, -, Germany
Primary Industry
Business Support Services
About
TÜV Rheinland Group is a global leader in technical services, offering comprehensive testing, inspection, certification, and auditing solutions across multiple industries to ensure adherence to international standards. Founded in 1872 and headquartered in Cologne, Germany, TÜV Rheinland Group specializes in technical services focused on safety and quality assurance. The company has undergone significant growth, establishing a presence in 64 locations worldwide. It was acquired by Agile Capital in January 2010, although financial terms of the deal were not disclosed.
The current leadership includes CEO Dariusz Puchala and Obrey Mmatli. TÜV Rheinland provides a wide range of technical services, including management system certification, product safety testing, and compliance assessments across various sectors such as automotive, consumer products, healthcare, and industrial manufacturing. Their services cater to both small businesses and large corporations, ensuring regulatory compliance and enhancing operational performance. In 2022, TÜV Rheinland reported a revenue of USD 2,397.
03 mn and an EBITDA of USD 342. 44 mn, generated through contractual partnerships that support their testing, certification, and compliance services. TÜV Rheinland is focused on expanding its service offerings and entering new geographic markets. Specific plans include the launch of innovative testing services aimed at emerging technologies and industries by 2024.
The firm aims to strengthen its market presence in Asia-Pacific regions and enhance its operations in North America by leveraging its latest funding from Agile Capital to support these initiatives.
Current Investors
Agile Capital
Primary Industry
Business Support Services
Sub Industries
Consulting Services
Website
http://www.tuv.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Tuv Rheinland Group - timeline of key events
Tuv Rheinland Group - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 1,301,585,000 | 1,417,790,000 | 1,528,900,000 | 1,528,900,000 | 1,731,161,000 | 1,880,970,000 | 1,917,886,000 | 1,917,886,000 | 1,971,698,000 | 2,085,009,000 | 1,951,566,000 | - | - | - |
| % Revenue Growth (YoY) | - | 8.9% | 7.8% | - | 13.2% | 8.7% | 2.0% | - | 2.8% | 5.7% | (6.4%) | - | - | - |
| EBITDA (USD) | 154,682,000 | 171,268,000 | 167,202,000 | 167,202,000 | 172,506,000 | 170,357,000 | 193,385,000 | 193,385,000 | 206,523,000 | 274,749,000 | 118,651,000 | - | - | - |
| Operating Income (USD) | 112,116,000 | 124,037,000 | 113,184,000 | 113,184,000 | 110,220,000 | 101,394,000 | 122,564,000 | 122,564,000 | 130,598,000 | 135,609,000 | (23,576,000) | - | - | - |
| Operating Margin | 8.6% | 8.7% | 7.4% | 7.4% | 6.4% | 5.4% | 6.4% | 6.4% | 6.6% | 6.5% | (1.2%) | - | - | - |
| % EBITDA Margin | 11.9% | 12.1% | 10.9% | 10.9% | 10.0% | 9.1% | 10.1% | 10.1% | 10.5% | 13.2% | 6.1% | - | - | - |
| NET Income (USD) | 56,944,000 | 67,019,000 | 57,824,000 | 57,824,000 | 54,287,000 | 47,865,000 | 66,007,000 | 66,007,000 | 78,135,000 | 76,777,000 | (63,960,000) | - | - | - |
| % Net Margin | 4.4% | 4.7% | 3.8% | 3.8% | 3.1% | 2.5% | 3.4% | 3.4% | 4.0% | 3.7% | (3.3%) | - | - | - |
Tuv Rheinland 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| N/A | Completed | Vogelsanger Weg 6 | - | ||||||||
| Add-on | Completed | HON Consulting Srl | - | ||||||||
| Add-on | Completed | DGauge Limited | - | ||||||||
| Buyout | Completed | Tuv Rheinland Group | - |
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Tuv Rheinland Group - employee data
Tuv Rheinland Group - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Chairman/Prezes zarządu | BM |
BM Board Member
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