Despatch Industries Overview

  • Year Founded
  • 1902

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 95

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 1

Despatch Industries General Information

Description

Manufacturer of industrial ovens and thermal products catering to the electronics, healthcare, materials, transportation and industrial markets. The company offers a range of products including benchtop and lab ovens, walk-in and truck-in ovens, conveyors and cabinet ovens as well as industrial cleaners, thereby helping customers choose the thermal processing solution that fits their requirements.

Contact Information

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Corporate Backed or Acquired
Corporate Office
  • 8860 207th Street
  • Lakeville, MN 55044
  • United States
+1 (952)
Primary Industry
Machinery (B2B)
Parent Company
Vertical(s)
Corporate Office
  • 8860 207th Street
  • Lakeville, MN 55044
  • United States
+1 (952)

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Despatch Industries Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Despatch Industries Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Manufacturer of industrial ovens and thermal products catering to the electronics, healthcare, materials, transportation
Machinery (B2B)
Lakeville, MN
95 As of 2025

Maumee, OH
 

New Columbia, PA
 
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Despatch Industries Competitors (3)

One of Despatch Industries’s 3 competitors is Surface Combustion, a Corporation company based in Maumee, OH.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Surface Combustion Corporation Maumee, OH
Thermal Product Solutions Private Equity-Backed New Columbia, PA
Wisconsin Oven Private Equity-Backed East Troy, WI
You’re viewing 3 of 3 competitors. Get the full list »

Despatch Industries Patents

Despatch Industries Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-3215660-A1 Discharge nozzle plate for center-to-ends fiber oxidation oven Active 07-Nov-2014
EP-3215660-B1 Discharge nozzle plate for center-to-ends fiber oxidation oven Active 07-Nov-2014
US-20120181265-A1 Firing furnace configuration for thermal processing system Inactive 15-Jul-2010
US-20090253091-A1 Fiber treatment oven with adjustable gates Active 07-Apr-2008
US-8007276-B2 Fiber treatment oven with adjustable gates Inactive 07-Apr-2008 D02J13/001
To view Despatch Industries’s complete patent history, request access »

Despatch Industries Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Despatch Industries FAQs

  • When was Despatch Industries founded?

    Despatch Industries was founded in 1902.

  • Where is Despatch Industries headquartered?

    Despatch Industries is headquartered in Lakeville, MN.

  • What is the size of Despatch Industries?

    Despatch Industries has 95 total employees.

  • What industry is Despatch Industries in?

    Despatch Industries’s primary industry is Machinery (B2B).

  • Is Despatch Industries a private or public company?

    Despatch Industries is a Private company.

  • What is Despatch Industries’s current revenue?

    The current revenue for Despatch Industries is .

  • Who are Despatch Industries’s competitors?

    Surface Combustion, Thermal Product Solutions, and Wisconsin Oven are competitors of Despatch Industries.

  • When was Despatch Industries acquired?

    Despatch Industries was acquired on 25-Jul-2011.

  • Who acquired Despatch Industries?

    Despatch Industries was acquired by Illinois Tool Works.

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