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Novatec

Novatec
M&A STATUS
M&A LATEST DEAL TYPE
1 FINANCING ROUNDS
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.

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

Novatec Valuation and Funding

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

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Novatec Competitors (2)

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

Name Title Board
Seat
Contact
Info
Conrad Bessemer President & Chief Executive Officer
Lawrence DeBaugh Chairman

Novatec Board Members (1)

Name Representing Role Since Contact
Info
00000000 0000000 Novatec Chairman 000 0000