What Octa Group does

OCTA Group is an Italian privately held industrial technology company headquartered in Milan, operating through three wholly-owned subsidiary brands: CMS (high-speed presses and fin lines for heat exchangers), Crippa (CNC tube bending and end-forming machines, founded in 1948), and SMI (coil technology and HVACR components). The group's portfolio covers the full tube processing value chain for diameters from 0.8mm to 225mm, spanning fin stamping, tube bending, end-forming, expanding, hairpin bending, multi-row coil bending, serpentine bending, and complementary cutting/deburring equipment, plus custom integrated workcells.

Underlying technology is built around multi-axis CNC control (up to 12 axes on the 150LE model), proprietary high-speed fin line presses (PRX series reaching 300 spm), and the TCO Cube remote monitoring device for equipment lifecycle optimization. The group recently launched EVOLVE Fabrication, a software platform connecting BIM data from Revit to Crippa CNC benders and Zebra printers, targeting electrical fabrication contractors. Revenue is generated through three streams: one-time hardware sales of CNC bending, end-forming, and fin line equipment; aftermarket services including maintenance, spare parts, tooling, retrofitting, and training distributed through global logistics centers; and software solutions for 3D simulation and real-time monitoring.

The go-to-market is enterprise field sales targeting industrial manufacturers across HVACR (primary), data centers, automotive, aerospace, furniture, medical, marine, and motorcycle sectors, supported by direct feasibility-assessment inquiries, multilingual web presence (seven languages), industry trade shows, and a reserved OCTA Hub customer portal. The company is under the management and coordination of Astraco Capital Holding S.p.A., and in 2025 secured a $240 million debt facility from Clifford Capital for its Australian operations plus a $46.7 million Italian banking consortium facility led by Illimity.

Name

Octa Group

Legal name

OCTA Group

Website

https://crippa.com

Company type

Private

Founded year

1948

Operating status

Operating

Headcount range

51–100 employees

Short description

OCTA Group is a privately held Italian industrial technology company operating through three brands (CMS, Crippa, SMI) that designs CNC tube bending, end-forming, and fin line machinery for global manufacturers across HVACR, data center, automotive, aerospace, medical, and related sectors.

Ownership category

akta.pro rank

Product category

Industrial Machinery / Tube Processing Equipment

NAICS

Other General Purpose Machinery Manufacturing (3339)

SIC

General Industrial Machinery & Equipment (3560), General Industrial Machinery & Equipment, Nec (3569)

akta.pro primary industry

CNC Machine Tools (Turning, Milling, Machining Centers) (IMAHADAA)

Keywords

• Tube bending machines
• CNC metal forming
• Fin line equipment
• HVACR manufacturing machinery
• Industrial fabrication equipment

Headquarters

HQ city

Arosio

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Industrial Machinery Sales: Sale of CNC tube bending machines, end-forming machines, fin lines, and complementary equipment. One-time hardware sales with long sales cycles targeting industrial manufacturers.
2. Aftermarket Services: Recurring revenue from maintenance contracts, spare parts supply, tooling, software updates, line relocation, retrofitting, and training services. Global spare parts logistics with strategically distributed centers worldwide.
3. Software Solutions: Software for complete management of tube bending and fin lines, including 3D simulation, real-time monitoring, and production optimization tools.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Octa Group designs and manufactures CNC tube bending machines, end-forming machines, fin lines, fin dies, expanders, hairpin benders, and coil bending equipment for industrial manufacturers. The company serves tube processing applications ranging from 0.8mm to 225mm in diameter, operating through three subsidiary brands (CMS, Crippa, SMI). It also provides integrated work cells, production software, and aftermarket service/maintenance for HVACR, automotive, aerospace, data center, furniture, medical, marine, and other industrial sectors.

Product overview

OCTA Group is a multinational industrial technology company comprising three distinct brands (CMS, CRIPPA, and SMI) that operate as an integrated platform for tube processing and fin line solutions. The portfolio includes a comprehensive range of machinery: Fin Lines (CMS brand) for high-speed fin production systems including PRX series; Tube Bending Machines (CRIPPA brand) including the 150LE electric CNC bender; Endforming Machines from both CRIPPA and SMI brands; Fin Dies (CMS); Expanders; Hairpin Benders; Multi-row Coilbenders; Serpentine Benders (SMI) including SILVER 2CD; and Complementary Machines (CRIPPA). These products are complemented by Integrated Workcells for custom manufacturing workflows and Software solutions for 3D simulation and real-time monitoring. The company also provides comprehensive Service offerings including maintenance, spare parts, tooling, software updates, line relocation, retrofitting, and training. The portfolio serves diverse industries including HVACR, automotive, aerospace, furniture, marine, medical, data centers, and more, processing tubes from 0.8mm to 225mm in diameter.

Differentiator

Problem solved

Functional benefit

Brands

• CMS: Develops high-speed presses and precision dies for fin lines in heat exchangers. Provides flexible, digital-ready solutions for the thermal exchange market.
• Crippa
• SMI

Products and services

• Fin Lines (CMS) High-speed fin production systems including the PRX series for compact fin applications, reaching speeds up to 300 strokes per minute (spm) with quick-change die system and digital integration. Designed for heat exchanger and thermal exchange manufacturers.
• Tube Bending Machines (Crippa) CNC tube bending machines including the 150LE model with up to 12 axes for diameters up to 150mm, designed for Smart Factory applications with maximum rigidity and efficiency on large diameters. Targets automotive, aerospace, energy, and other industrial sectors.
• Endforming Machines (Crippa) High-precision CNC end-forming machines for tube processing, addressing complex challenges in automotive, aerospace, and energy sectors.
• Endforming Machines (SMI) End-forming solutions from SMI brand tailored for HVACR components and heat exchanger production, specializing in bending, punching, and cutting operations.
• Fin Dies (CMS) High-quality progressive dies for fin packs ensuring maximum production efficiency in heat exchanger manufacturing.
• Expanders Tube expansion equipment for processing tubes in HVACR and thermal exchange applications.
• Hairpin Benders Bending machines for hairpin tube configurations used in heat exchanger and HVACR production.
• Multi-row Coilbender Coil bending machines for multi-row tube configurations in heat exchanger manufacturing.
• Serpentine Benders (SMI) Coil technology and serpentine bending solutions for HVACR components, specializing in bending, punching, and cutting for heat exchanger production.
• Complementary Machines (Crippa) Supporting equipment for tube processing operations including cutting, deburring, and material handling.
• Integrated Workcells Custom integrated work cells combining bending, end-forming, and fin production for seamless high-efficiency manufacturing workflows, sold as tailored turnkey solutions to industrial manufacturers.
• Software Solutions Software solutions for complete management of tube bending and fin lines, including integrated tools for precise control, 3D simulation, and real-time monitoring. Sold as a standalone offering complementing Octa Group machinery.
• Service & Maintenance Comprehensive aftermarket service offerings including remote technical support, maintenance with TCO Cube monitoring, spare parts supply, tooling, software updates, line relocation, retrofitting, and training for Octa Group installed equipment.
• PRX Fin Line Advanced fin production system for compact fin applications with high-speed performance up to 300 spm, quick-change die system, and digital integration in a robust flexible structure. Sold as a distinct machine.
• 150LE CNC Tube Bending Machine Fully electric CNC tube bending machine with up to 12 axes for diameters up to 150mm, handling complex geometries in a single cycle with maximum rigidity and efficiency for large diameters.
• SILVER 2CD Coil Bending Machine High-efficiency coil bending machine for copper tubes up to 16mm, performing right and left bending in a single cycle for maximum production versatility.
• EVOLVE Fabrication Software Platform Software platform that connects BIM data from Revit and EVOLVE Electrical to fabrication equipment for electrical contractors. Provides standardized workflow from design to production, organizes bend data by schedule, applies springback and elongation corrections. Designed to reduce rework and improve shop throughput.

Quantifiable outcome

• PRX series achieves up to 300 spm (strokes per minute) for high-speed fin production
• +1 more outcomes

Segments8 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature5 records

Partnerships

Two partnerships are on record, tiered core and supporting.

• Crippa (Equipment Integration)coreTechnology or IntegrationEVOLVE Fabrication integrates with Crippa CNC Bender for tube fabrication workflows. Crippa is part of the OCTA Group portfolio, providing high-precision CNC bending and end-forming machines.
• Zebra (Equipment Integration)supportingTechnology or IntegrationEVOLVE Fabrication integrates with Zebra printers for labeling and marking in fabrication operations.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• HAEUSLER: Swiss precision manufacturer of CNC tube and profile bending machines, including 4-roll plate bending. Comparable to OCTA's Crippa brand in high-precision industrial bending applications across heavy industry and energy sectors.
• BLM Group: Italian-headquartered global leader in tube bending, end-forming, and cutting machinery, with comparable product range across laser tube cutting and CNC bending. Directly competes with Crippa and OCTA's broader tube processing portfolio across automotive, HVACR, and furniture end markets.
• Addison McKee: US-based specialist in tube bending and end-forming machinery serving automotive, aerospace, and HVAC. Directly competes with Crippa in North America for precision CNC bending applications.
• AMOB (Advanced Machinery & Engineering): Portuguese manufacturer of tube and profile bending machines, serving furniture, automotive, and HVACR markets. Mid-sized European peer with overlapping product capabilities to Crippa and similar target customers.
• Transfluid Maschinenbau: German manufacturer of tube processing machines including bending, forming, and assembly equipment for automotive and industrial applications. Closely comparable to OCTA's tube processing portfolio with similar customer base in automotive Tier-1s and HVACR component manufacturers.
• Rädlinger ZSK Maschinenbau: German specialist in bending machines and systems for construction equipment and special vehicles. Comparable to OCTA's heavy-duty machinery applications and serves similar industrial OEM customers.
• Unison Ltd: UK-based specialist manufacturer of all-electric CNC tube bending machines for aerospace, automotive, marine, and HVAC applications. Closely comparable to Crippa's bending machine offering and competes in similar high-precision tube forming niches.
• Schwarze-Robitec: German manufacturer of CNC tube bending machines for shipbuilding, boiler, and heavy industrial applications. Comparable to Crippa in industrial-scale bending equipment, with overlapping customer segments in marine and energy.

Broad incumbents

• Bystronic: Swiss-listed global provider of sheet metal processing solutions, including laser cutting, bending, and automation. Competes with OCTA in metalworking machinery and increasingly in integrated Smart Factory solutions targeting similar manufacturing customers.
• Trumpf: Global leader in machine tools, laser technology, and sheet metal processing, with a substantial tube processing product line including the TruBend and TruLaser Tube product families. Much larger incumbent that competes with OCTA across multiple metalworking categories including Smart Factory integration.

Market position

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/crippa-s.p.a.

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors4 records

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

M&A

Investments

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

Frequently asked questions about Octa Group