MesoCoat

MesoCoat, Inc.MesoCoat, Inc. focuses on providing personalized vehicle registration plates tailored to individual preferences and branding needs. The company was acquired by Abakan in July 2015.MesoCoat specializes in providing customized vehicle registration plates, known as Wunschkennzeichen, for car owners in Munich. These personalized license plates consist of a unique combination of letters and numbers that reflect individual preferences, personal milestones, or branding needs. The company streamlines the process for reserving these plates, allowing clients to select their desired combinations online or at local registration offices.MesoCoat generates revenue through the reservation and registration of Wunschkennzeichen, typically charging a fee ranging from EUR 10 to 15 for securing a personalized plate. The transaction model operates on a direct-to-consumer basis, where individuals or businesses pay for the reservation service via the company's online portal or at designated registration offices. Following the reservation, clients must visit the local registration authority to finalize the acquisition of their chosen plate, which involves the submission of necessary documentation and payment of any additional registration fees for the vehicle itself.The most recent acquisition of MesoCoat, Inc. by Abakan is expected to facilitate the development of new product offerings and an expansion strategy into surrounding regions. Specific details on upcoming launches or geographic targets for expansion have yet to be publicly disclosed.

1. Seed

   Feb 12, 2009

   Amount

   $0.2M

   Investors

   Locked