PERI

Name

PERI

Legal name

PERI Formwork Systems, Inc.

Website

https://peri-usa.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Weißenhorn

HQ country

Germany

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Formwork and Scaffolding Equipment Sales and Rentals: PERI sells and rents formwork systems, scaffolding, and shoring equipment to construction contractors. The company serves customers with innovative system equipment and comprehensive services relating to all aspects of formwork and scaffolding technology. Revenue comes from both equipment sales (one-time) and rental/lease arrangements (recurring).
2. Services (Fabrication, Cleaning, Repair, On-site Support): PERI provides comprehensive services including custom formwork fabrication, cleaning and repair/refurbishment services, and on-site technical support. These services complement equipment sales and create recurring revenue relationships with customers throughout project lifecycles.
3. Turnover 2023: PERI reported turnover of €1,847 million in 2023, establishing the company as internationally one of the largest manufacturers and suppliers of formwork and scaffolding systems.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

PERI manufactures, sells, and rents modular formwork and scaffolding systems for building, infrastructure, and industrial construction projects. The portfolio includes wall, column, slab, climbing, bridge, and tunnel formwork; the PERI UP Flex modular scaffolding line; construction accessories and plywood; Vemaventuri concrete sensors and digital planning software; and KERN automated tunnel formwork. The offering is completed by engineering services, custom fabrication, refurbishment, and on-site technical support.

Product overview

PERI is a comprehensive formwork and scaffolding solutions provider offering an integrated portfolio of products, digital technologies, and services. The core product lines include: (1) Formwork systems including DUO (lightweight polymer system), MAXIMO, TRIO, VARIO GT 24, RUNDFLEX (circular), SB Brace Frame, Freeform, LEVO (lightweight wall), and various slab/column formwork systems; (2) Scaffolding solutions under the PERI UP Flex brand including modular scaffolding, stair towers, and shoring; (3) Infrastructure solutions including VARIOKIT systems (Pier System/VPS, VBC Balanced Cantilever, VCB Cantilever, VTC Tunnel Carriage, VST Heavy-Duty Tower, Engineering Construction Kit); (4) KERN Tunneltechnik (acquired December 2023) for automated tunnel formwork; (5) Construction accessories including GT24 Girder, MULTIPROP slab props, PEP Ergo slab props, RS Push-Pull Props, and PERI Tie Technology; (6) Plywood & Timber products (MDO, Standard PSF, PSF GA, Proform EV, Eco MDO, BBOES); (7) Digital products including TEMO, PHONO, SONO, and PREMO concrete sensors (via Vemaventuri subsidiary); (8) Software including PERI CAD 24, myPERI customer portal, QuickSolve Planner, PERIpath, BIM services, and various configurators; (9) Services including Fabrication, Refurbishment & Repair, and On-site Services. The portfolio is complemented by PERIskin coating technology for corrosion protection.

Differentiator

Problem solved

Functional benefit

Brands

• LEVO: Lightweight imperial-sized wall formwork system with 9'x3' panel weight of only 6.6 lbs/sq ft
• SKYFLEX
• KERN Tunneltechnik
• Vemaventuri
• PERIskin

Products and services

• Wall Formwork Systems (DUO, MAXIMO, TRIO, VARIO GT 24, RUNDFLEX, SB Brace Frame, LEVO, Freeform) Comprehensive portfolio of modular wall formwork systems for residential, commercial, and high-rise construction. Includes lightweight polymer (DUO), panel formwork (MAXIMO with MX tie technology, TRIO), flexible girder wall (VARIO GT 24), adjustable circular (RUNDFLEX for radii >1.00m), single-sided brace frames (SB), precision 3D freeform units, and lightweight imperial LEVO panels (6.68 lbs/sq ft). Designed for contractors needing faster assembly, fewer components, OSHA-compliant safety features, and high-quality concrete finishes.
• Slab Formwork Systems (MULTIFLEX, SKYDECK, GARAGEDECK, SKYFLEX) Slab formwork systems including MULTIFLEX (flexible GT 24 girder system for ground plans up to 1.00m slab thickness), SKYDECK (lightweight aluminum panelized system for fast shuttering), GARAGEDECK (beam and slab system for parking garages), and SKYFLEX (imperial 8'x8' grid beam system with patented six-way drophead for early striking and safer work practices).
• Climbing Systems (ACS Core 400, RCS Rail Climbing, SCS Climbing, LPS Lightweight Climbing Enclosure) Climbing formwork systems for high-rise construction: ACS Core 400 hydraulic self-climbing system for shorter cycle times; RCS universal modular rail climbing system adaptable to site-specific requirements; SCS solid bracket system for single- and two-sided climbing; LPS lightweight protection screen system with mesh elements for climbing formwork operations.
• VARIOKIT Infrastructure Construction Systems (VPS, VBC, VCB, VTC, VST, Engineering Construction Kit) Modular engineering construction kit for bridges, tunnels, and civil engineering projects: VARIOKIT Pier System (VPS) combining self-spanning formwork and dancefloor formwork with VSS Speed Stage and VSC Speed Column configurations; VBC Balanced Cantilever Carriage with integrated hydraulics; VCB Cantilever Bracket for steel composite and precast bridges; VTC Tunnel Carriage for cut-and-cover and mining tunnels; VST Heavy-Duty Tower for very large loads; and the core VARIOKIT Engineering Construction Kit for cost-effective modular civil engineering solutions.
• KERN Tunneltechnik Automated Tunnel Formwork Automated tunnel formwork systems for tunnel construction, featuring live data analysis and PLC control units. Includes hydrostatic shutters and multifunction gantries. Serves major tunnel projects such as Thames Tideway West. Originally a Swiss company founded and operating independently within PERI Group following the 2023 majority acquisition.
• PERI UP Flex Modular Scaffolding System Modular scaffolding system including PERI UP Flex (work scaffold with gravity locks and self-locking decks for easy installation), PERI UP Flex Stair 75 (lightweight stair tower), PERI UP Flex Stair 100/125 (high load-bearing site stairs), PERI UP Flex Shoring (flexible shoring solution), and PERI UP Flex Modul (multi-purpose components). Designed for flexible temporary access across construction projects.
• Construction Accessories (GT24 Girder, MULTIPROP, PEP Ergo, RS Push-Pull Props, PERI Tie Technology) Formwork and scaffolding accessories including GT24 versatile lattice girder with high load-bearing capacity; MULTIPROP aluminium slab props and shoring towers; PEP Ergo galvanized tubular steel slab props (up to 50 kN load-bearing); RS push-pull props telescoping up to 14.00 m; and DK/SK PERI Tie Technology for reliable sealing of tie points.
• Plywood and Timber Products (PERI MDO, Standard PSF, PSF GA, Proform EV, Eco MDO, BBOES) Range of plywood products for formwork applications: PERI MDO and Eco MDO (eco-friendly MDO plywood), Standard PSF (standard plywood), PSF GA (enhanced specifications), Proform EV (enhanced durability), and BBOES (budget-friendly option for minimal reuse applications). Used as facing material for concrete formwork.
• Vemaventuri Concrete Sensor Solutions (TEMO, PHONO, SONO, PREMO) Digital sensor solutions from PERI's Vemaventuri subsidiary for monitoring concrete and formwork processes. TEMO measures temperature and maturity to accelerate schedules; PHONO detects voids and monitors compaction; SONO determines water content of fresh concrete on site; PREMO monitors real-time concrete pressure enabling pours based on actual pressure data rather than hydrostatic assumptions.
• Software and Digital Planning Tools (PERI CAD, myPERI, QuickSolve, PERIpath, BIM, Mixed Reality, Configurators) Software suite including PERI CAD 24 (professional CAD for formwork/scaffolding design), myPERI customer portal, PERI QuickSolve Planner (auto-generated formwork/scaffolding solutions with 2D/3D output), PERIpath (digital workface planning tool with 3D modeling for scaffolding activities), Building Information Modeling (BIM) services, Mixed Reality visualization for construction planning, plus configurators for MULTIFLEX slab formwork, ST 100 stacking towers, and the Scaffold Estimation Tool (SET).
• PERI Engineering, Fabrication, Refurbishment, and On-site Services Service offerings include custom formwork and platform fabrication to suit project requirements, cleaning and refurbishment/repair services to extend equipment service life, and on-site technical support to ensure effective use of PERI systems throughout construction. Also includes pre-construction planning and detailed component forecasting through dedicated sales engineers.
• PERIskin Proprietary Coating Technology (Integrated into Equipment) Proprietary multi-stage dip-coating technology developed with BASF/Chemetall using the VIANT process. PERIskin coats formwork frames at room temperature without electricity, using approximately 5% of the energy required for galvanizing while delivering significantly better corrosion protection. Applied to PERI's own formwork and scaffolding products at the Weißenhorn facility; not sold as a standalone service but is a differentiating capability behind PERI equipment.

Quantifiable outcome

• 74% faster assembly compared to traditional timber formwork with DUO system
• +5 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Four partnerships are on record, tiered core and minor.

• KERN Tunneltechnik SAcoreStrategic or Co-development Partner · 11 December 2023PERI SE acquired a majority stake in KERN Tunneltechnik SA, a Swiss tunneling solutions provider based in Lugano. The acquisition expands PERI's presence in infrastructure construction. KERN remains an independent entity within PERI, maintaining its operations and leadership while fostering synergies in tunnel engineering. All KERN employees and locations are retained, with ongoing cooperation between KERN and WALO Group in development and logistics.
• WALO GroupminorStrategic or Co-development Partner · 7 December 2023WALO Group sold its majority stake in the KERN Group to PERI SE. The sale was accompanied by a cooperation agreement to continue collaboration between KERN and WALO Group in development and logistics while maintaining KERN's independence within PERI.
• AMECOcoreChannel Partner/ Reseller/ DistributorPERI USA partners with AMECO to provide customers with the most ready-to-work scaffold system. Partnership covers pre-construction planning through day-to-day distribution, tracking, and ordering. AMECO's services keep construction teams work ready, minimizing hassles and ensuring efficient scaffolding deployment.
• VemaventuricoreTechnology or IntegrationVemaventuri is a 100% PERI subsidiary (PERI Group company) specializing in the development and deployment of concrete sensor solutions for formwork and falsework processes. The company develops and distributes sensor technology and data acquisition solutions for the construction industry, making construction sites more efficient and safer.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Layher: Layher is a German family-owned manufacturer of modular scaffolding systems and a direct competitor to PERI's PERI UP Flex line. Particularly strong overlap in access scaffolding and shoring for industrial and infrastructure projects.
• Doka: Doka, part of the Umdasch Group, is one of the world's largest formwork manufacturers with a comparable global footprint and product portfolio spanning wall, column, slab, and climbing formwork. Direct head-to-head competitor to PERI across most segments.
• RMD Kwikform: RMD Kwikform supplies formwork, shoring, and ground shoring systems globally with strong infrastructure and high-rise focus. Directly comparable to PERI's VARIOKIT and climbing system product lines.
• Hünnebeck (BrandSafway): Hünnebeck, now part of BrandSafway, manufactures formwork and scaffolding systems with strong European roots. Direct competitor across wall formwork, slab systems, and scaffolding, with complementary infrastructure access capabilities via BrandSafway.
• ULMA Construction: ULMA Construction, part of the Mondragón Cooperative, manufactures formwork and scaffolding systems globally. Closely comparable to PERI in product breadth and customer base across commercial, residential, and infrastructure construction.
• MEVA Formwork Systems: MEVA is a family-owned German formwork manufacturer with wall, slab, and climbing systems comparable to PERI's MAXIMO, TRIO, and ACS product families. Mid-sized direct competitor focused on contractor customers in commercial and residential segments.
• Acrow Formwork & Scaffolding: Acrow manufactures formwork, scaffolding, and shoring systems with a global footprint spanning Australia, the Middle East, Africa, and Asia. Comparable to PERI in infrastructure and commercial construction formwork offerings.

Broad incumbents

• BrandSafway: BrandSafway is a large North American access and industrial services platform encompassing Hünnebeck formwork. Broader incumbent with overlapping scaffolding and access offerings but a wider services portfolio than PERI's focused formwork specialization.
• Altrad: Altrad is a large industrial services group providing scaffolding, access, and formwork solutions across energy, construction, and industrial end markets. Broader incumbent with overlapping but non-specialized offerings compared to PERI's focused formwork portfolio.

Others

• Enerpac Tool Group: Enerpac Tool Group manufactures high-force tools and specialized equipment for infrastructure and industrial construction. Adjacent comparability in construction equipment manufacturing with potential overlap in infrastructure segment customers, but distinct product focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/perigroup
• Facebookfacebook.com/PERI

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PERI