Promostar Overview
- Year Founded
-
1975
- Status
-
Acquired/Merged
- Employees
-
100
- Latest Deal Type
-
Buyout/LBO
- Financing Rounds
-
1
Promostar General Information
Description
Manufacturer of advanced steel wire processing equipment intended to optimize production efficiency for steel wire producers worldwide. The company specializes in the design and production of turnkey plants and machines for steel wire processing, including cold rolling, drawing, and stretching lines, thereby ensuring the reliability of its systems, and serving clients in the global steel industry.
Contact Information
Website
www.promostar.it(Operating Subsidiary)
Corporate Office
- Via Casali Leoncini, 2/C
- 33030 Buja(Udine)
- Italy
Corporate Office
- Via Casali Leoncini, 2/C
- 33030 Buja(Udine)
- Italy
Promostar Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Promostar Patents
Promostar Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-4429834-A1 | Plant and process for uncoiling wire-rod coils | Active | 11-Nov-2021 | ||
| EP-4429834-B1 | Plant and process for uncoiling wire-rod coils | Active | 11-Nov-2021 | ||
| US-20240416404-A1 | Plant and process for uncoiling wire-rod coils | Pending | 11-Nov-2021 | ||
| WO-2023084324-A1 | Plant and process for uncoiling wire-rod coils | Inactive | 11-Nov-2021 | ||
| EP-1982779-A1 | Apparatus and method for manufacturing beam-reinforcement latticework-like wire structure on a just-in-time basis | Inactive | 18-Apr-2007 | B21F27/20 |
Promostar Signals
Promostar Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Planet Automation | Udine, Italy | 2006 |
Promostar FAQs
-
When was Promostar founded?
Promostar was founded in 1975.
-
Where is Promostar headquartered?
Promostar is headquartered in Buja, Italy.
-
What is the size of Promostar?
Promostar has 100 total employees.
-
What industry is Promostar in?
Promostar’s primary industry is Machinery (B2B).
-
Is Promostar a private or public company?
Promostar is a Private company.
-
What is Promostar’s current revenue?
The current revenue for Promostar is .
-
When was Promostar acquired?
Promostar was acquired on 20-Feb-2025.
-
Who acquired Promostar?
Promostar was acquired by M.E.P. Macchine Elettroniche Piegatrici.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process