Ocean Textile Group A / S

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Ocean Textile Group A / S - overview

Established

1958

Location

Herning, -, Denmark

Primary Industry

Materials

About

Ocean Textile Group A/S is a Danish company that specializes in manufacturing high-quality functional apparel for diverse sectors, including construction, agriculture, and fishing, focusing on safety and comfort in demanding environments. Established in 1958 and headquartered in Herning, Denmark, Ocean Textile Group A/S focuses on producing functional workwear. The company underwent a significant strategic change in July 2017 when a consortium led by SMV Invest A/S acquired a 65. 8% majority stake, enhancing its operational capabilities.


Founder information is not disclosed. Ocean Textile A/S specializes in high-quality functional apparel specifically designed for various industries including construction, agriculture, food services, cleaning, and notably fishing and related sectors. Their core offerings include waterproof jackets, trousers, overalls, and other protective clothing intended to safeguard users from harsh weather conditions while enhancing safety and comfort during work. The products cater to a diverse clientele that encompasses professionals in both the public and private sectors, particularly those who require durable and efficient workwear for outdoor and demanding environments.


The company’s distribution extends to markets across Northern Europe, including countries like Denmark, Sweden, Norway, and Finland, focusing on meeting the specific needs of end users engaged in labor-intensive activities. The revenue model of Ocean Textile A/S is constructed around B2B transactions, primarily involving direct sales to businesses and organizations that require workwear solutions. Each transaction typically involves bulk orders, where businesses purchase functional clothing and accessories to equip their workforce, ensuring that they are protected and comfortable while on the job. Given the nature of the products, the pricing structure is generally aligned with the quality and performance features of the offerings, reflecting the value provided to clients.


Flagship products include specialized rainwear and high-visibility garments designed for enhanced safety in low-light conditions. These offerings are crucial for sectors that demand compliance with industry safety standards. In the most recent year, the company's EBITDA was reported as EUR -274,832. 5.


The company plans to leverage its strategic initiatives to develop new product lines, enhancing its current offerings with innovative functional apparel aimed at emerging markets. Ocean Textile Group A/S is targeting expansion into additional regions within Northern Europe by 2025, with particular emphasis on increasing its presence in Norway and Finland. The recent acquisition by SMV Invest A/S is expected to provide the necessary capital for these expansions and product development initiatives.


Current Investors

SMV Capital

Primary Industry

Materials

Sub Industries

Clothing, Textiles

Website

www.oceantextile.dk

Verticals

Manufacturing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Ocean Textile Group A / S - financials

Fiscal Year EndedJun 30, 2011Jun 30, 2012Jun 30, 2013Jun 30, 2014Jun 30, 2015Jun 30, 2016Jun 30, 2017Jun 30, 2018Jun 30, 2019Jun 30, 2020Jun 30, 2021
Revenue (USD)-----------
% Revenue Growth (YoY)-----------
EBITDA (USD)11,881,93512,814,5979,762,4049,609,23214,175,74415,153,8399,901,13711,453,356---
Operating Income (USD)10,815,75712,130,9149,345,4259,219,02413,299,75314,263,5509,411,97710,873,745---
Operating Margin-----------
% EBITDA Margin-----------
NET Income (USD)7,588,4728,675,3256,946,2746,589,88310,290,41211,027,3037,380,5207,462,160---
% Net Margin-----------

Ocean Textile Group A / S - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedOcean Textile Group A / S-

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Ocean Textile Group A / S - employee data

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Ocean Textile Group A / S - key contacts

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