Novatec Overview

  • Status
  • Acquired/​Merged
  • Latest Deal Type
  • Debt - PPP
  • Financing Rounds
  • 2

Novatec General Information

Description

Manufacturer of resin dryers designed to meet the need of plastics processors. The company's resin dryers include plastics auxiliary equipment, plastics drying, plastics conveying and plastics blending, enabling the plastic processing industry to save energy, space and reduce maintenance while provide superior performance at competitive price.

Contact Information

Website
Ownership Status
Acquired/Merged
Financing Status
Corporate Backed or Acquired
Primary Industry
Machinery (B2B)
Primary Office
  • 222 East Thomas Avenue
  • Baltimore, MD 21225
  • United States
+1 (410) 000-0000
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Novatec Valuation & Funding

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

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Novatec Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Manufacturer of resin dryers designed to meet the need of plastics processors. The company's resin dryers include plasti
Machinery (B2B)
Baltimore, MD
000000000 -

0000000

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000000000 (000)
Darmstadt, Germany
0000 As of 0000
00000
0.000 0000-00-00
000000000000 00000

0-0 0000

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00000 0000000000 00000000
Romeoville, IL
000000&0
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Novatec Competitors (2)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Schenck Process Private Equity-Backed Darmstadt, Germany 0000 00000 000000000000 00000
0-0 0000000 Corporate Backed or Acquired Romeoville, IL 000000&0
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Novatec Executive Team (2)

Name Title Board Seat Contact Info
Conrad Bessemer President & Chief Executive Officer
Lawrence DeBaugh Chairman
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Novatec Board Members (1)

Name Representing Role Since
00000000 0000000 Novatec Chairman 000 0000
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