EuroGroup Laminations
- Company typePublic
- Founded2023
- HeadquartersMilan, Italy
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
EuroGroup Laminations firmographics
Firmographics- Name
- EuroGroup Laminations
- Legal name
- EuroGroup Laminations S.p.A.
- Website
- https://euro-group.it
- Company type
- Public
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Ownership category
- akta.pro rank
EuroGroup Laminations industry classification
Industry- Product category
- Electric Motor Components and Lamination Manufacturing
- NAICS
- Custom Roll Forming (332114)
- SIC
- Sheet Metal Work (3444)
- akta.pro primary industry
- Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping) (IMAHADAC)
- akta.pro secondary industries
- Turbines, Generators & Hydromechanical Equipment Manufacturing (OEMs) (EUACAEAH), Hydropower Turbines, Generators & Balance-of-Plant Equipment Manufacturing (EUAMAHAF)
Keywords
Where EuroGroup Laminations is headquartered
LocationHeadquarters
- HQ city
- Milan
- HQ country
- Italy
- HQ region
- Europe
Offices1 record
Markets served
EuroGroup Laminations business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Component Sales (Stators, Rotors, Laminations): Direct sale of manufactured components including stators, rotors, and laminations for electric motors, generators, and transformers. Revenue generated through long-term supply relationships with industrial, automotive, and energy customers. The company operates manufacturing facilities globally to serve customers with produced components.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels4 records
EuroGroup Laminations product offering
Product offeringCore offering
EuroGroup Laminations designs, produces, and distributes high-tech stators, rotors, and lamination stacks for electric motors, generators, and transformers. The company processes approximately 400,000 tons of steel per year across 15 manufacturing plants worldwide, serving electric vehicle, industrial automation, wind power, home appliance, and power generation customers with standardized and customized lamination solutions.
Product overview
EuroGroup Laminations is a world leader in the design, production, and distribution of laminations for electric motors, generators, and transformers. The company operates as a single unified manufacturing platform with three core product lines (electric motor laminations, stators, and rotors) that serve multiple sectors including electric vehicles, industrial applications, and wind power. The company also offers customized products and applications as a module atop its core offerings. A key differentiator is the company's global manufacturing footprint of 15 plants worldwide processing 400K tons of steel annually, with an Indian subsidiary (Kumar Precision Stampings, acquired 2024) expanding its precision stamping capabilities.
Differentiator
Problem solved
Functional benefit
Products and services
- Electric Motor Laminations Precision-engineered lamination stacks for electric motors, generators, and transformers. Manufactured for OEMs in the electric vehicle, industrial automation, wind power, home appliance, and power generation sectors.
- Stators Precision stator assemblies designed, produced, and distributed globally for electric motors used in electric vehicles, industrial applications, and wind power generation.
- Rotors Rotor components for electric motors and generators, forming part of the core offering in electric motor component manufacturing for multiple end markets.
- Customized Lamination Solutions Tailored lamination solutions designed and engineered to meet specific customer requirements for electric motor applications across various industrial sectors.
- Kumar Precision Stampings Precision metal stamping components for electric motors and related applications, produced by the Indian subsidiary in which EuroGroup Laminations holds a 40% stake.
Quantifiable outcome
- 102K tons of CO2 emissions avoided through operations
- +1 more outcomes
Companies that use EuroGroup Laminations
Customer profileNamed customers1 record
Segments5 records
Ideal customer profiles3 records
EuroGroup Laminations technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
EuroGroup Laminations partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Marelli MotorsportcoreEuroGroup Laminations is Official Partner of Marelli Motorsport for the supply of stators starting from the 2026-2027 racing season. This partnership positions the company in the high-performance motorsport sector for electric vehicle technology development.
- Kumar Precision StampingscoreIndian subsidiary acquired for EUR 20 million in August 2024. EuroGroup Laminations holds 40% stake. This subsidiary became the focal point of regulatory issues when FountainVest's acquisition was blocked by Indian authorities over concerns related to China's ties and advanced technology protection.
Scale indicators13 records
Recent moves6 records
Expansion highlights5 records
EuroGroup Laminations competitors and assessment
Company assessmentBroad incumbents
- Tata Steel (Cogent Power): European steel producer with electrical steel capacity through Cogent Power brand, supplying motor manufacturers. Comparable as both a supplier/competitor in the European electrical steel and lamination market.
- Cleveland-Cliffs (formerly AK Steel): North American steel producer with significant electrical steel capacity supplying motor and transformer manufacturers. Comparable as a vertically integrated electrical steel and lamination supplier competing in similar end markets.
- JFE Steel Corporation: Japanese steel producer with electrical steel (including super core grades) for high-efficiency motors. Comparable in serving EV traction motors, industrial motors, and transformer markets globally with premium technology positioning.
- POSCO: Korean steel giant with electrical steel production for EV motors and industrial applications. Comparable as a global supplier competing in the motor lamination value chain with significant Asian market presence.
- Voestalpine AG: Major European steel producer with significant electrical steel (NGO and GO) production for motor and transformer laminations. Directly comparable as a supplier of the core raw material EuroGroup processes into finished laminations, competing for the same OEM customers.
- Nippon Steel Corporation: Major Japanese steel producer with significant electrical steel grades for motor laminations, including high-efficiency non-oriented electrical steel. Comparable global player in the same value chain with overlapping OEM customers.
- ThyssenKrupp Steel Europe: German steel major with electrical steel production serving automotive, industrial motor, and transformer markets. Comparable as both a potential supplier to EuroGroup and a competitor in finished motor laminations.
Direct peers
- Tempel Steel Company: US-based manufacturer of motor laminations, transformer laminations, and electrical steel products. Direct competitor serving similar automotive, industrial, and energy customers with comparable lamination technology and services.
- Kienle + Spiess GmbH: German specialist manufacturer of stator and rotor laminations for electric motors and generators. Direct competitor focused on the same product category (electrical laminations) with overlapping customer base in automotive traction motors and industrial applications.
Regional players
- Wabtec Corporation (formerly GE Transportation): Transportation equipment manufacturer producing traction motors and generators incorporating laminated cores. Comparable as a customer/adjacent player in motor lamination technology, particularly for rail and heavy-duty applications.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights7 records
Customer concentration
EuroGroup Laminations social profiles
Digital presenceEuroGroup Laminations financial estimates
Financial estimateRevenue estimate
Valuation estimate
EuroGroup Laminations leadership team
Management profileNumber of profiles
EuroGroup Laminations subsidiaries and ownership
Company hierarchySubsidiaries1 record
EuroGroup Laminations funding detail
Funding detailFunding overview
Funding rounds2 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EuroGroup Laminations M&A and investment
M&A and investmentM&A1 record
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about EuroGroup Laminations
What does EuroGroup Laminations do?
EuroGroup Laminations designs, produces, and distributes high-tech stators, rotors, and lamination stacks for electric motors, generators, and transformers. The company processes approximately 400,000 tons of steel per year across 15 manufacturing plants worldwide, serving electric vehicle, industrial automation, wind power, home appliance, and power generation customers with standardized and customized lamination solutions.
Is EuroGroup Laminations a public or private company?
EuroGroup Laminations is a public company. It is classified as public and is currently operating.
When was EuroGroup Laminations founded?
EuroGroup Laminations was founded in 2023. It employs 1,001 to 5,000 people.
Where is EuroGroup Laminations based?
EuroGroup Laminations is headquartered in Milan, Italy, in the Europe region.
How does EuroGroup Laminations make money?
One revenue line is on record: component Sales (Stators, Rotors, Laminations).
Who are EuroGroup Laminations's main competitors?
Broad incumbents on record are Tata Steel (Cogent Power), Cleveland-Cliffs (formerly AK Steel), JFE Steel Corporation, POSCO, Voestalpine AG, Nippon Steel Corporation and ThyssenKrupp Steel Europe. Direct peers are Tempel Steel Company and Kienle + Spiess GmbH. Wabtec Corporation (formerly GE Transportation) is listed as a regional player.
Does EuroGroup Laminations have an API?
No public API is recorded for EuroGroup Laminations.
What industry is EuroGroup Laminations in?
EuroGroup Laminations's product category is Electric Motor Components and Lamination Manufacturing. Its primary akta.pro industry code is IMAHADAC, Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping), with a secondary code of EUACAEAH, Turbines, Generators & Hydromechanical Equipment Manufacturing (OEMs). Its NAICS code is 332114 and its SIC code is 3444.