Polytex Technologies Overview
Polytex Technologies provides workwear management solutions. Polytex supports the entire workwear laundry lifecycle with a wide range of automated machines backed by centralized cloud management and monitoring applications. The company's solutions are used by hospitals and healthcare institutions, manufacturing sites, hospitality, and fitness centers. Polytex has over two decades of field-proven industry experience in the delivery of large-scale commercial laundry services. Polytex has over 4,000 installed machines located in North and South America, Europe, and Asia.
Cumulative Funding Raised Over Time ($)
—Sep 2019
Latest News
growth-positive
Polytex launches new PRO line - the next-generation full cycle workwear solution
Polytex Technologies has launched its next-generation workwear solution, Polytex PRO. The PRO line offers higher performance, an improved user experience, and enhanced cyber security. It features advanced design, increased performance, ultra-high-speed dispensing, optimized storage capacity, robotic process automation, simplified user authentication, and enhanced physical security and data protection. The launch of Polytex PRO is expected to have a positive impact on the growth of Polytex Technologies. The article does not mention any specific customers or partners. The date of the event described in the article is not provided.
CustomersPartners
growth-positive
Polytex Technologies Acquires Its German Representative
Polytex Technologies has acquired its distributor in German speaking countries, Polytex Technologies GmbH, making it a fully owned subsidiary. The acquisition allows Polytex to have a stronger presence in the German-speaking market and forge closer relationships with customers. The move is part of Polytexs strategic global expansion initiative. Ralf Schmaehling has been appointed as the General Manager of the subsidiary. Polytex Technologies is a leading provider of workwear management solutions and has over 4,000 installed machines worldwide.
Acquisition
growth-positive
Polytex expands contactless scrubs dispensing in Spain
Polytex Technologies, an Israeli workwear management company, has expanded its automated uniform dispensers in the Spanish market. Hospitals and healthcare providers in Madrid and Barcelona are implementing Polytexs workwear vending machines to combat Covid-related contamination, reduce costs, and improve efficiency. Polytex estimates that its system has led to a 45% reduction in annual uniform purchase costs for at least one client. The companys centralized cloud-based management system monitors inventory and turnover. Polytexs sales in Spain nearly doubled in 2020 due to increased hygiene concerns during the pandemic. The company has signed contracts with new customers in 2021, including La Fundación Puigvert and Covid-19 treatment centers. Polytexs customers include major brands such as GM, Marriott, Phillips, Sheraton, and Roche. The company received a major investment in 2019 from Fortissimo Capital.
Customers
growth-positive
Polytex Technologies Receives Major Investment from Fortissimo Capital and Appoints New CEO
Polytex Technologies has received a major investment from private equity fund Fortissimo Capital. The investment is seen as a vote of confidence in Polytexs technology and business model, which has high growth potential. The company develops and manufactures automatic textile management systems for various industries. Yariv Matzliach has been appointed as the new CEO, bringing with him a proven track record in enhancing the growth of maturing companies. The Poliner family, who founded the company, will continue to be involved in its future development. The outgoing CEO, Tomer Poliner, will serve as President and Chief Business Development Officer.
Investment
| Sector | Industrial Technologies |
Funding
| Total funding | Undisclosed |
| Last funding | Undisclosed |
| Stage | Mature |
| Rounds | 1 |
| Investors | 1 |
Team Members
5
Employees: 51-200
Web & Social Links
| Website | polytex-technologies.com |
Locations
Alon Hatavor Street 20, Caesarea, Israel
Photos & Videos
3 item(s)
Polytex Technologies Business
Business models
B2B
Product stage
Released
Employees
51-200
Sector
Industrial TechnologiesProcess Automation & Intelligence SystemsTarget Customer
Healthcare & Life SciencesHealthcareProvidersIndustrial ManufacturingHybrid IndustriesFood & BeveragesTravel & TourismHospitalityHotelsCore Technology
Platforms & InterfacesWebMachinery & RoboticsProcessing MachineryTags (7)
industry-4.0fabricshospitalshotelstextileweb-applicationhygieneGeographic Markets
EuropeAustraliaSouth AmericaSaudi ArabiaIsraelUnited Arab EmiratesGermanySpainNorth AmericaAsiaPolytex Technologies Financials
Undisclosed
Total funding
Undisclosed
Capital raised
Undisclosed
Last funding
Mature
Funding stage
1
Total rounds
1
Investors
Cumulative Funding Raised Over Time ($)
—Sep 2019
Private Equity Funding
Undisclosed Round
Sep 2019
Undisclosed
Fortissimo Capital
Mergers & Acquisitions
MNAEvent
Nov 2021
Undisclosed
Polytex Technologies Lifecycle
Cumulative Funding Raised Over Time
—Sep 2019
All Events
Undisclosed Round
Sep 2019
Undisclosed
Fortissimo Capital
MNAEvent
Nov 2021
Undisclosed
Polytex Technologies News
4 articles
growth-positive
Polytex launches new PRO line - the next-generation full cycle workwear solution
Polytex Technologies has launched its next-generation workwear solution, Polytex PRO. The PRO line offers higher performance, an improved user experience, and enhanced cyber security. It features advanced design, increased performance, ultra-high-speed dispensing, optimized storage capacity, robotic process automation, simplified user authentication, and enhanced physical security and data protection. The launch of Polytex PRO is expected to have a positive impact on the growth of Polytex Technologies. The article does not mention any specific customers or partners. The date of the event described in the article is not provided.
CustomersPartners
growth-positive
Polytex Technologies Acquires Its German Representative
Polytex Technologies has acquired its distributor in German speaking countries, Polytex Technologies GmbH, making it a fully owned subsidiary. The acquisition allows Polytex to have a stronger presence in the German-speaking market and forge closer relationships with customers. The move is part of Polytexs strategic global expansion initiative. Ralf Schmaehling has been appointed as the General Manager of the subsidiary. Polytex Technologies is a leading provider of workwear management solutions and has over 4,000 installed machines worldwide.
Acquisition
growth-positive
Polytex expands contactless scrubs dispensing in Spain
Polytex Technologies, an Israeli workwear management company, has expanded its automated uniform dispensers in the Spanish market. Hospitals and healthcare providers in Madrid and Barcelona are implementing Polytexs workwear vending machines to combat Covid-related contamination, reduce costs, and improve efficiency. Polytex estimates that its system has led to a 45% reduction in annual uniform purchase costs for at least one client. The companys centralized cloud-based management system monitors inventory and turnover. Polytexs sales in Spain nearly doubled in 2020 due to increased hygiene concerns during the pandemic. The company has signed contracts with new customers in 2021, including La Fundación Puigvert and Covid-19 treatment centers. Polytexs customers include major brands such as GM, Marriott, Phillips, Sheraton, and Roche. The company received a major investment in 2019 from Fortissimo Capital.
Customers
growth-positive
Polytex Technologies Receives Major Investment from Fortissimo Capital and Appoints New CEO
Polytex Technologies has received a major investment from private equity fund Fortissimo Capital. The investment is seen as a vote of confidence in Polytexs technology and business model, which has high growth potential. The company develops and manufactures automatic textile management systems for various industries. Yariv Matzliach has been appointed as the new CEO, bringing with him a proven track record in enhancing the growth of maturing companies. The Poliner family, who founded the company, will continue to be involved in its future development. The outgoing CEO, Tomer Poliner, will serve as President and Chief Business Development Officer.
Investment
Polytex Technologies Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 73 |
| Team members | 6 |
Similar Companies
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Polytex Technologies Internal
Recent Updates
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Admin Info
| Confidence | 100/100 |
| Missing | markets |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 513391763 |
| Crunchbase | polytex-technologies |
| Creator | Yanina Wainscheinker |
| Creator email | yanina.wain@gmail.com |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2023-07-17T00:00:00.000Z |
| Created | 2015-02-11T00:00:00.000Z |
| Claimed | Yes |