Alleima

What Alleima does

Alleima AB (publ) is a Sweden-based, publicly traded (Nasdaq Stockholm: ALLEI) advanced materials company that develops and manufactures advanced stainless steels, special alloys, and nickel-based alloys into tubular products, precision strip steel, fine wire and wire-based components (including Nitinol), solid and hollow bar, and industrial heating solutions under its Kanthal division. The company operates a portfolio of more than 900 active alloys across brands such as Sanicro, SAF (including hyper-duplex 2707/3207 and super-duplex 2507), Pressurfect, Freeflex, Sanergy, and Globar, supported by a fully vertically integrated supply chain spanning scrap melting through finished tube, bar, strip, and wire. Manufacturing is concentrated at Sandviken (Sweden) with additional tube production in Zhenjiang (China), Mehsana (India), silicon carbide heating elements in Perth (Scotland), and a newly opened service center in Concord, North Carolina.

Alleima serves safety-critical and demanding applications in oil & gas (subsea umbilical and production tubing), chemical and petrochemical processing (heat exchangers, reactor components, nitric and urea service), nuclear power generation (more than 60 million meters of fuel tubes supplied to 100+ reactors), medical devices (Nitinol guidewires and endoscopic components, surgical implants, ultra-fine medical wire and tubes), industrial heating (silicon carbide Globar elements up to 1,625°C supporting electrification of heavy industry), hydrogen and renewables, transportation, mining, and consumer applications such as knife steel. The medical segment is being built via acquisitions, including Endosmart (2022) and Endox (2025), housed within the Kanthal division.

The business model is B2B industrial product sales with quote-based, specification-driven pricing, multi-year contracts (e.g., the SEK 995M Kutei North Hub umbilical tube order for deliveries 2026-2030), and a direct enterprise field-sales motion supported by regional sales offices across 25+ countries and an eTrack e-commerce platform for catalog items such as fittings, flanges, and standard tubes. FY2025 revenue was 18,630 MSEK with an 8.3% adjusted EBIT margin and approximately 6,800 employees; Q1 2026 revenue was 4.6 B SEK (down 5% organically) at 8.4% adjusted EBIT margin, reflecting modest cyclical softness offset by capacity expansion, geographic diversification into the U.S., China, and India, and growing Kanthal exposure to industrial electrification.

Name

Alleima

Legal name

Alleima AB (publ)

Website

https://alleima.com

Company type

Public

Founded year

2022

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Alleima is a Sweden-based, publicly listed producer of advanced stainless steels, nickel alloys, Nitinol wire, and silicon-carbide industrial heating elements serving oil & gas, chemical, nuclear, medical, and industrial-electrification customers globally.

Ownership category

akta.pro rank

Product category

Advanced Stainless Steels and Special Alloys

NAICS

Iron and Steel Pipe and Tube Manufacturing from Purchased Steel (33121), Iron and Steel Mills and Ferroalloy Manufacturing (33111), Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, Extruding, and Alloying (33149)

SIC

Steel Pipe & Tubes (3317), Steel Works, Blast Furnaces & Rolling & Finishing Mills (3310), Metalworkg Machinery & Equipment (3540)

akta.pro industry

PRIMARYIMAKABAJ

Specialty & Alloy Steel (Stainless, Tool Steel, Electrical Steel, High-Strength/HSLA)

Industrials, Manufacturing & Construction/Metals & Mining/Steel Production & Processing

SECONDARYIMAHADAI

Heat Treatment & Thermal Processing Furnaces (Hardening, Annealing, Induction)

Industrials, Manufacturing & Construction/Industrial Machinery & Heavy Equipment/Machine Tools & Metalworking Equipment

SECONDARYIMABANAL

Aerospace Structural Metals & Alloys (Titanium, Aluminum, Nickel)

Industrials, Manufacturing & Construction/Aerospace & Defense Manufacturing/Aerospace Materials and Components

Keywords

• Stainless steel manufacturing
• Special alloys
• Industrial tubes pipes
• Medical wire components
• Industrial heating elements

Headquarters

HQ city

Sandviken

HQ country

Sweden

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Tube & Pipe Products: High-performance tubes and pipes in advanced stainless steels and alloys for demanding industrial environments including oil & gas, chemical, nuclear, and industrial heating applications.
2. Strip Steel Products: Precision strip steel for compressor valves, razors, doctor blades, knives, springs, shock absorbers, and medical applications.
3. Wire and Wire-Based Components: Fine wire and wire-based components in advanced stainless steels and alloys for medical and electrical applications.
4. Bar and Hollow Bar: Solid bar and hollow bar products for engineering and manufacturing applications.
5. Industrial Heating Solutions (Kanthal): Furnace products, heating systems, and silicon carbide heating elements for industrial electrification.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Alleima manufactures and supplies advanced stainless steels, special alloys, and nickel-based alloys in the form of tubes, pipes, strip steel, fine wire and wire-based components, solid and hollow bars, and billets. Its products serve demanding industrial environments in oil & gas, chemical & petrochemical, nuclear, medical, industrial heating, and transportation sectors, with the Kanthal division specializing in silicon carbide heating elements for industrial electrification.

Product overview

Alleima is an advanced materials company offering a comprehensive portfolio of specialized products across multiple categories. The core offerings include Tube & Pipe (high-performance tubes and pipes for oil & gas, chemical, nuclear, and industrial applications), Strip Steel (precision products for compressors, razors, knives, springs, and medical uses), Fine Wire and Wire-Based Components (medical wire, nitinol products, and electronic components), and Solid Bar & Hollow Bar (for engineering applications). The company manufactures specific product lines including Pressurfect (Pressurfect XP for GDI, Pressurfect CNG for natural gas fuel systems, and standard Pressurfect), Heat Exchanger Tubes, and High-Performance Materials (Sanicro products, SAF duplex stainless steels, Sanmac machining steels, and titanium/zirconium). The Kanthal division provides silicon carbide heating elements for industrial electrification. Additional offerings include Coated Strip Steel (Sanergy fuel cell products), Billets and Blooms, Fittings & Flanges, and the Alleima eTrack digital ordering platform. With over 900 active alloys in their portfolio, Alleima serves niche markets including chemical, consumer, industrial, industrial heating, hydrogen & renewables, medical, mining & construction, nuclear, oil & gas, and transportation.

Differentiator

Problem solved

Functional benefit

Brands

• Kanthal: Division focused on industrial heating solutions, resistance materials, and high-temperature heating products including Globar silicon carbide heating elements.
• Sanicro
• SAF
• Pressurfect
• Freeflex
• Sanmac
• Safurex

Products and services

• Tube & Pipe High-performance tubes and pipes in advanced stainless steels and alloys engineered for reliability in demanding industrial environments including oil & gas, chemical, petrochemical, nuclear, and heat exchanger applications.
• Strip Steel Precision strip steel in advanced stainless steels and alloys engineered for performance and consistency across compressor valves, razors, knives, springs, shock absorbers, and medical applications.
• Fine Wire and Wire-Based Components Wire and wire components in advanced stainless steels and alloys engineered for precision, strength, and reliability in demanding electronic and medical applications including nitinol guidewires, stone retrieval devices, snares, and ultra-fine medical tubes.
• Solid Bar & Hollow Bar Bar and hollow bar in advanced stainless steels and alloys engineered for strength, machinability, and reliability in critical engineering and manufacturing applications.
• Kanthal Globar Silicon Carbide Heating Elements High-temperature silicon carbide heating elements for industrial electrification applications, capable of replacing fossil fuel solutions in processes up to 2,950°F (approximately 1,620°C).
• Pressurfect XP Duplex (austenitic-ferritic) stainless steel tube for high-pressure GDI fuel systems, offering resistance to stress corrosion cracking and approximately twice the proof strength of austenitic stainless steels.
• Pressurfect CNG Austenitic chromium-nickel steel tube with minimum 2.5% molybdenum for CNG fuel systems, offering excellent corrosion resistance, toughness, bendability, and impact strength.
• Heat Exchanger Tubes Tubular products for heat exchanger applications serving oil refining, phosphoric acid production, nitric acid, LNG vaporizers, petrochemical processing, seawater cooled exchangers, urea production, biofuels, and brackish/wastewater applications.
• High-Performance Materials Advanced materials including Sanicro 35 (bridges stainless steels and nickel alloys), SAF 2906/3006 (urea and chemical), duplex stainless steels, high-temperature stainless steels, titanium and zirconium, and Sanmac stainless steels.
• Fittings & Flanges Comprehensive range of fittings (couplings, outlets, threaded, socket weld, butt weld) and flanges (ASTM/ASME and EN standards) in various grades including 304L, 316L for industrial applications.
• Coated Strip Steel Coated strip steel products including Sanergy HT and Sanergy LT, designed for fuel cell applications with a process that enables faster conversion from raw material to bipolar plates.
• Billets and Blooms Vacuum arc remelting, production process, re-rolling billets, ingots, forging billets, and extrusion billets in various alloys including Sanmac stainless steels.
• Plate and Sheet Plate and sheet products in advanced stainless steels and special alloys for industrial applications.
• Knife Steel Products Specialized knife steels including Alleima 19C27, 13C26, 12C27M, 12C27, 7C27Mo2, and 14C28N, engineered for various knife applications from outdoor and kitchen knives to industrial uses with detailed hardening guides.
• Alleima eTrack Online platform for customers to browse and order products including fittings and flanges, access product information, and manage their Alleima account and orders.

Quantifiable outcome

• 40% increase in production capacity through facility expansions
• +2 more outcomes

Named customers4 records

Segments9 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability2 records

Feature6 records

Partnerships

One partnership is on record.

• ElveniteminorImplementation/ SI/ Consulting Partner · 9 March 2026Elvenite selected as partner to conduct a pre-study for modernizing Alleima Tube IT's ERP platform, preparing for an upgrade from Infor M3 version 13.4 (on-premises) to Infor M3 CloudSuite. The pre-study involves joint analysis of current state, definition of target vision, and identification of gaps between existing workflows and CloudSuite standard functionality.

Scale indicators11 records

Recent moves10 records

Expansion highlights6 records

Others

• Sandvik: Former parent company of Alleima before the 2022 spin-off; now operating separately in mining, rock processing, and machining. Listed alongside Alleima on Stockholm Stock Exchange and shares Swedish industrial heritage but operates in non-overlapping businesses today.

Direct peers

• Haynes International: US-based developer and manufacturer of nickel- and cobalt-based alloys for aerospace, chemical processing, and industrial applications. Direct comparison point for Alleima's corrosion-resistant specialty alloy portfolio, particularly Sanicro/Sanergy grades.
• Tubacex: Spanish specialty steel tube manufacturer focused on seamless stainless steel tubes for oil & gas, chemical, and power generation — directly comparable to Alleima's Tube & Pipe business in subsea umbilical tubes and heat exchanger tubing applications.
• Aperam: Luxembourg-based stainless steel producer serving similar markets (oil & gas, automotive, construction, industrial). Comparable product portfolio (stainless steel flat products, alloys) and overlapping customer base in specialty applications.
• Salzgitter AG: German steelmaker with a significant Mannesmann line pipe business and stainless steel tube operations. Comparable to Alleima's steel pipe/tube manufacturing and ability to serve oil & gas and industrial markets across multiple geographies.
• Carpenter Technology: US-based producer of specialty alloys including high-nickel, corrosion-resistant, and aerospace alloys. Comparable on materials science, application engineering, and specialty alloy portfolio serving overlapping end markets in aerospace, medical, and energy.
• Voestalpine: Austrian steelmaker with a High Performance Metals division producing specialty steel and alloys for tool steel, oil & gas, aerospace, and industrial applications. Overlap on materials science and special alloys despite broader portfolio.
• Outokumpu: Finland-headquartered global leader in stainless steel with significant exposure to stainless steel coil, sheet, and long products across similar end markets including chemical processing and industrial applications. Directly comparable to Alleima on stainless steel manufacturing and similar customer verticals.

Broad incumbents

• Bodycote: UK-based provider of metal treatment and specialist thermal processing services including heat treatment and surface technology. Adjacent peer in industrial processing and metallurgical services that share customer verticals with Alleima's industrial heating and specialty alloys segments.
• Mersen: French industrial group providing specialty materials, graphite, and electrical solutions including high-temperature industrial applications and heating elements. Closely comparable to Alleima's Kanthal division for industrial electrification and high-temperature solutions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Alleimagroup
• YouTubeyoutube.com/user/materialstechnology
• Facebookfacebook.com/alleimagroup
• LinkedInlinkedin.com/company/alleima
• Instagraminstagram.com/alleimagroup

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries14 records

Funding overview

Funding rounds

Investors

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

M&A3 records

Investments

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

Frequently asked questions about Alleima