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Cormatex

Full company profile

uuid000654x

Namestring
Cormatex
Legal namestring
Cormatex S.r.l.
Websiteurl
cormatex.it
Company typeenum
Private
Founded yearint
1938
Descriptiontext

Cormatex S.r.l. is an Italian textile machinery manufacturer founded in 1938 in Montemurlo, in the Prato textile district, and currently led by third-generation family ownership. The company designs and builds two complementary product families: woollen spinning equipment (bale openers, carding willows, step cleaners, wool deburring machines, dehairing machines for cashmere and other noble fibers, carding sets, mule spinning frames, and complete opening, dehairing, deburring and spinning lines) and nonwoven production machinery (bale openers, primary and fine openers, beater mixers, automatic blending bins, chemical spraying systems, volumetric feeders, feed towers, carding machines, cross lappers, cutting and winding systems, material shredders, and complete carding and Airlay lines for needle punching and thermobonding). Its proprietary Airlay technology (Lap Formair V launched 2006-07 and Lap Formair H) is the technical centerpiece of the nonwoven offering, replacing traditional carding and cross-lapper sequences with aerodynamic web formation capable of producing weights from 100 g/m² to over 10,000 g/m².

Cormatex sells capital equipment via a direct enterprise field-sales motion: quote-based pricing, multi-year contract cycles, customer trials on an in-house 1.5-meter R&D pilot line (expanded 2024), and a Teleservice remote-assistance SLA of 8 working hours. End markets span filtration, automotive, building and construction, civil engineering and geotextiles, hygiene and medical, clothing and accessories, home furnishings, packaging, shoes and footwear, aerospace, and agriculture, with confirmed installations across North America (USA), Europe (France), Southeast Asia (Indonesia), and South Asia (Bangladesh), alongside historical export markets in South Korea and China.

The business model is one-time hardware sale of industrial machinery, augmented by an after-sales service layer. Cormatex funds growth internally (no external equity raised beyond a 2016 EISMEA grant of $54,327) and is actively diversifying into sustainable and circular-economy materials through twelve or more EU-funded research consortia (H2020, Horizon Europe) and 2024 founding-partner stakes in startups Re-Leather and Wetex, positioning the company for compliance-driven capex demand from European nonwoven manufacturers.

Short descriptiontext

Cormatex is a third-generation Italian textile machinery manufacturer (founded 1938, Prato) producing woollen spinning equipment and proprietary Airlay nonwoven production lines. It sells custom capital equipment globally to manufacturers across filtration, automotive, construction, hygiene, fashion, and emerging sustainable-materials sectors.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersMontemuro, Portugal
HQ citystring
Montemuro
HQ countrystring
Portugal
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
nonwoven production machinery, textile machinery manufacturing, woollen spinning equipment, airlay fiber processing, industrial carding machinery
Industry3 codes
1Nonwoven Fabric Mills (Spunbond/Meltblown/Needle-punched)
CodeIMAOABACPrimaryYes
2Technical Fabric Mills (Performance/Protective/Medical Substrates)
CodeIMAOABAHPrimaryNo
3Automotive & Transportation Technical Textiles (Interiors/Airbags/Seatbelts/Acoustic)
CodeIMAOADAEPrimaryNo
NAICS code2 codes
  • Nonwoven Fabric Mills31323
  • Fabric Mills3132
SIC code1 code
  • Textile Mill Products2200
Product category
Industrial Textile Machinery
No data
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Textile Machinery Sales
TypeHardware Sales
Description

One-time hardware sales of industrial textile machinery including nonwoven production lines, woollen spinning equipment, and Airlay processing systems. Revenue generated through direct sales of capital equipment to manufacturing customers globally.

Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales
Pricing details1 tier
1Custom industrial machinery quotes
ModelOtherBilling cadenceMulti-year contract
Notes

Pricing determined by specific customer requirements, machine configuration, and production capacity needs. No standard pricing list available publicly.

GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Cormatex designs, manufactures, and globally sells industrial textile machinery for woollen spinning and nonwoven fabric production, including complete production lines (Airlay lines, carding lines, woollen spinning lines, opening/blending lines, dehairing and deburring lines) and individual machines (Lap Formair V and H airlay systems, carding machines, mule spinning frames, dehairing and deburring equipment). Its core technology is proprietary Airlay aerodynamic web formation, enabling production of nonwovens from natural, synthetic, virgin, regenerated, and recycled fibers for filtration, automotive, construction, hygiene, fashion, and other end markets.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Cormatex is a global textile machinery manufacturer founded in 1938, operating two core business areas: Woollen Spinning and Nonwovens. The company offers a comprehensive portfolio of individual machines and complete production lines. Woollen Spinning products include Bale Openers, Carding Willows, Step Cleaners, Wool Deburring Machines (Slappolatrice), Dehairing Machines (Egiarratrice), Oiling Chambers, Carding Sets, Mule Spinning Frames, and complete Opening and Blending Lines, Dehairing Lines, Wool Deburring Lines, and Woollen Spinning Lines. Nonwovens products include Bale Openers, Primary Openers, Fine Openers, Beater Mixers, Automatic Blending Bins, Automatic Chemicals Spraying Systems, Volumetric Feeders, Feed Towers, Carding Machines, Lap Formair V and H (the core Airlay technology), Cross Labbers, Cutting Systems, Winding Systems, Material Shredders, and complete Carding Lines and Airlay Lines for needle punching and thermobonding. The company also operates an R&D Center with a pilot production line for customer trials. Applications span clothing, accessories, agriculture, home furnishings, automotive, building, filtration, aerospace, civil engineering/geotextile, hygiene, packaging, and shoes sectors.

Product and service5 records
1Airlay Line (needle punching and thermobonding)
CategoryProduction Line
Description

Complete nonwoven production line based on Cormatex's aerodynamic fiber batt formation (Airlay) technology, replacing traditional carding and cross lapper processes and producing needle-punched and thermobonded nonwovens for automotive, agriculture, home furnishing, building, soundproofing, insulation, hygiene, clothing, and packaging.

2Carding Line (needle punching and thermobonding)
CategoryProduction Line
Description

Complete nonwoven production line for thermobonded and needle-punched nonwovens, designed for hi-density and hi-loft products using natural or manmade, virgin or regenerated fibers, for automotive, furnishing, clothing, medical, hygiene, building, filtration, agriculture, and aerospace applications.

3Woollen Spinning Lines
CategoryProduction Line
Description

Complete woollen spinning lines with flexible configurations for processing natural and/or manmade fibers, with particular specialization in high-quality fine noble fibers such as cashmere, camel hair, angora, llama, vicuña, and guanaco.

4Opening and Blending Line
CategoryProduction Line
Description

Complete opening and blending lines for woollen and worsted/semi-worsted spinning systems, ensuring perfect opening and blending of fibers for downstream carding and spinning quality.

5Dehairing Line
Scale indicator1 record

Each record includes

Type, Value, Description, Source

Partnership12 partners
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Collaborates with CETMA on recycled carbon fiber processing under H2020-EIT RawMaterials project. CETMA is a European research center specializing in design and materials technologies, providing technical expertise for fiber recycling innovations.

2FIBSUN
Strategic tierMinorTypeStrategic or Co-development Partner
Description

EU Horizon project partner for bio-based fibers research. Project focuses on developing sustainable bio-based fiber materials for textile applications.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

EU Horizon project partner for wood recycling technology. Project explores innovative methods for recycling wood-based materials into textile fibers.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Horizon Europe project partner for bio-based building materials. Develops sustainable construction materials from bio-based fiber sources.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Industry consortium including AE.CI, INGE.CO, and Elastrade focused on sustainable materials development. Collaboration on eco-friendly block and construction materials.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Research project partner for mechanical recycling of polyurethane. Develops technologies to recycle polyurethane waste into reusable materials.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Start-up partner focused on leather recycling technologies. Collaboration on developing recycled leather alternatives for fashion and footwear industries.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Start-up partner specializing in textile waste recycling. Develops technologies to process textile waste into new fiber materials.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Energy efficiency project partner supported by Tuscany region. Focuses on improving energy efficiency in textile manufacturing processes.

Strategic tierMinorTypeImplementation/ SI/ Consulting Partner
Description

Consulting partner involved in REFRESH project. Provides technical consulting and assessment services for sustainable materials development.

11Gjenkraft AS
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Partner in REFRESH project developing thermal recycling process technologies. Specializes in thermal conversion of waste materials.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Partner in REFRESH project focused on composite materials development. Irish company specializing in advanced composite technologies.

Recent move10 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeRegional player
Description

Swiss-listed global leader in yarn-spinning machinery (ring, rotor, air-jet systems). Competes in woollen/carded spinning equipment space where Cormatex's Mule Spinning Frame and Carding Sets operate, though Rieter is far larger and broader.

2Laroche
TypeDirect peer
Description

French textile machinery maker specializing in fiber opening, blending, and recycling equipment for nonwoven and natural fiber applications. Comparable to Cormatex's Bale Openers, Fine Openers, Beater Mixers, and recycling-oriented machinery.

TypeDirect peer
Description

German family-owned textile machinery leader with strong positions in carding, nonwoven, and man-made fiber lines. Directly competes with Cormatex in nonwoven production equipment for hygiene, automotive, and filtration end markets.

TypeBroad incumbent
Description

Swiss-based industrial group offering spinning, twisting, and embroidery machinery for staple fiber and filament yarn production. Overlaps with Cormatex in woollen spinning lines and noble-fiber processing equipment.

TypeBroad incumbent
Description

Swiss-listed industrial conglomerate's nonwoven segment supplies spunbond, meltblown, and airlaid systems globally. A larger incumbent with broader portfolio that overlaps Cormatex in airlaid nonwoven machinery for hygiene and filtration.

TypeDirect peer
Description

German/Swiss nonwoven machinery manufacturer offering complete needle-punch, spunlace, and thermal-bonding lines. Closely comparable to Cormatex's Airlay and Carding lines across hygiene, automotive, and technical textile end markets.

TypeDirect peer
Description

German specialist in needle-punching nonwoven lines, including complete production systems from fiber opening through finishing. Directly comparable to Cormatex for needle-punched nonwoven machinery serving automotive, filtration, and geotextile customers.

TypeDirect peer
Description

German manufacturer of fiber preparation and opening/blending machinery for nonwovens and recycled fiber applications. Directly overlaps with Cormatex's opening-and-blending line portfolio serving nonwoven producers.

TypeDirect peer
Description

Austrian industrial group whose Asselin-Thibeau division is one of the world's leading needle-punch nonwoven line suppliers. Competes head-to-head with Cormatex in needle-punching and carding nonwoven lines for automotive, geotextile, and filtration applications.

10Sicam
TypeRegional player
Description

Italian textile machinery manufacturer focused on carding and nonwoven solutions, also based in the Prato textile district. A regional direct peer in carding lines and nonwoven production equipment serving similar Italian and European customer base.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment11 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Cormatex

Industrial Textile Machinerycormatex.it

Cormatex is a third-generation Italian textile machinery manufacturer (founded 1938, Prato) producing woollen spinning equipment and proprietary Airlay nonwoven production lines. It sells custom capital equipment globally to manufacturers across filtration, automotive, construction, hygiene, fashion, and emerging sustainable-materials sectors.

What Cormatex does

Cormatex S.r.l. is an Italian textile machinery manufacturer founded in 1938 in Montemurlo, in the Prato textile district, and currently led by third-generation family ownership. The company designs and builds two complementary product families: woollen spinning equipment (bale openers, carding willows, step cleaners, wool deburring machines, dehairing machines for cashmere and other noble fibers, carding sets, mule spinning frames, and complete opening, dehairing, deburring and spinning lines) and nonwoven production machinery (bale openers, primary and fine openers, beater mixers, automatic blending bins, chemical spraying systems, volumetric feeders, feed towers, carding machines, cross lappers, cutting and winding systems, material shredders, and complete carding and Airlay lines for needle punching and thermobonding). Its proprietary Airlay technology (Lap Formair V launched 2006-07 and Lap Formair H) is the technical centerpiece of the nonwoven offering, replacing traditional carding and cross-lapper sequences with aerodynamic web formation capable of producing weights from 100 g/m² to over 10,000 g/m².

Cormatex sells capital equipment via a direct enterprise field-sales motion: quote-based pricing, multi-year contract cycles, customer trials on an in-house 1.5-meter R&D pilot line (expanded 2024), and a Teleservice remote-assistance SLA of 8 working hours. End markets span filtration, automotive, building and construction, civil engineering and geotextiles, hygiene and medical, clothing and accessories, home furnishings, packaging, shoes and footwear, aerospace, and agriculture, with confirmed installations across North America (USA), Europe (France), Southeast Asia (Indonesia), and South Asia (Bangladesh), alongside historical export markets in South Korea and China.

The business model is one-time hardware sale of industrial machinery, augmented by an after-sales service layer. Cormatex funds growth internally (no external equity raised beyond a 2016 EISMEA grant of $54,327) and is actively diversifying into sustainable and circular-economy materials through twelve or more EU-funded research consortia (H2020, Horizon Europe) and 2024 founding-partner stakes in startups Re-Leather and Wetex, positioning the company for compliance-driven capex demand from European nonwoven manufacturers.

Cormatex firmographics

Firmographics
Name
Cormatex
Legal name
Cormatex S.r.l.
Website
https://cormatex.it
Company type
Private
Founded year
1938
Operating status
Operating
Headcount range
11–50 employees
Short description
Cormatex is a third-generation Italian textile machinery manufacturer (founded 1938, Prato) producing woollen spinning equipment and proprietary Airlay nonwoven production lines. It sells custom capital equipment globally to manufacturers across filtration, automotive, construction, hygiene, fashion, and emerging sustainable-materials sectors.
Ownership category
akta.pro rank

Cormatex industry classification

Industry
Product category
Industrial Textile Machinery
NAICS
Nonwoven Fabric Mills (31323), Fabric Mills (3132)
SIC
Textile Mill Products (2200)
akta.pro primary industry
Nonwoven Fabric Mills (Spunbond/Meltblown/Needle-punched) (IMAOABAC)
akta.pro secondary industries
Technical Fabric Mills (Performance/Protective/Medical Substrates) (IMAOABAH), Automotive & Transportation Technical Textiles (Interiors/Airbags/Seatbelts/Acoustic) (IMAOADAE)

Keywords

  • Nonwoven production machinery
  • Textile machinery manufacturing
  • Woollen spinning equipment
  • Airlay fiber processing
  • Industrial carding machinery

Where Cormatex is headquartered

Location

Headquarters

HQ city
Montemuro
HQ country
Portugal
HQ region
Europe

Offices1 record

Markets served

Cormatex business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

  1. Textile Machinery Sales: One-time hardware sales of industrial textile machinery including nonwoven production lines, woollen spinning equipment, and Airlay processing systems. Revenue generated through direct sales of capital equipment to manufacturing customers globally.

Pricing tiers

ModelBillingPrice
OtherMulti-year contractCustom industrial machinery quotes

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Cormatex product offering

Product offering

Core offering

Cormatex designs, manufactures, and globally sells industrial textile machinery for woollen spinning and nonwoven fabric production, including complete production lines (Airlay lines, carding lines, woollen spinning lines, opening/blending lines, dehairing and deburring lines) and individual machines (Lap Formair V and H airlay systems, carding machines, mule spinning frames, dehairing and deburring equipment). Its core technology is proprietary Airlay aerodynamic web formation, enabling production of nonwovens from natural, synthetic, virgin, regenerated, and recycled fibers for filtration, automotive, construction, hygiene, fashion, and other end markets.

Product overview

Cormatex is a global textile machinery manufacturer founded in 1938, operating two core business areas: Woollen Spinning and Nonwovens. The company offers a comprehensive portfolio of individual machines and complete production lines. Woollen Spinning products include Bale Openers, Carding Willows, Step Cleaners, Wool Deburring Machines (Slappolatrice), Dehairing Machines (Egiarratrice), Oiling Chambers, Carding Sets, Mule Spinning Frames, and complete Opening and Blending Lines, Dehairing Lines, Wool Deburring Lines, and Woollen Spinning Lines. Nonwovens products include Bale Openers, Primary Openers, Fine Openers, Beater Mixers, Automatic Blending Bins, Automatic Chemicals Spraying Systems, Volumetric Feeders, Feed Towers, Carding Machines, Lap Formair V and H (the core Airlay technology), Cross Labbers, Cutting Systems, Winding Systems, Material Shredders, and complete Carding Lines and Airlay Lines for needle punching and thermobonding. The company also operates an R&D Center with a pilot production line for customer trials. Applications span clothing, accessories, agriculture, home furnishings, automotive, building, filtration, aerospace, civil engineering/geotextile, hygiene, packaging, and shoes sectors.

Differentiator

Problem solved

Functional benefit

Products and services

  • Airlay Line (needle punching and thermobonding) Complete nonwoven production line based on Cormatex's aerodynamic fiber batt formation (Airlay) technology, replacing traditional carding and cross lapper processes and producing needle-punched and thermobonded nonwovens for automotive, agriculture, home furnishing, building, soundproofing, insulation, hygiene, clothing, and packaging.
  • Carding Line (needle punching and thermobonding) Complete nonwoven production line for thermobonded and needle-punched nonwovens, designed for hi-density and hi-loft products using natural or manmade, virgin or regenerated fibers, for automotive, furnishing, clothing, medical, hygiene, building, filtration, agriculture, and aerospace applications.
  • Woollen Spinning Lines Complete woollen spinning lines with flexible configurations for processing natural and/or manmade fibers, with particular specialization in high-quality fine noble fibers such as cashmere, camel hair, angora, llama, vicuña, and guanaco.
  • Opening and Blending Line Complete opening and blending lines for woollen and worsted/semi-worsted spinning systems, ensuring perfect opening and blending of fibers for downstream carding and spinning quality.
  • Dehairing Line

Companies that use Cormatex

Customer profile

Segments11 records

Ideal customer profiles2 records

Cormatex technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Cormatex partnerships and signals

Strategic signal

Partnerships

Twelve partnerships are on record, tiered core and minor.

  • CETMA - European Research Center for Design and Materials TechnologiescoreStrategic or Co-development PartnerCollaborates with CETMA on recycled carbon fiber processing under H2020-EIT RawMaterials project. CETMA is a European research center specializing in design and materials technologies, providing technical expertise for fiber recycling innovations.
  • FIBSUNminorStrategic or Co-development PartnerEU Horizon project partner for bio-based fibers research. Project focuses on developing sustainable bio-based fiber materials for textile applications.
  • EcoReFibreminorStrategic or Co-development PartnerEU Horizon project partner for wood recycling technology. Project explores innovative methods for recycling wood-based materials into textile fibers.
  • ECOFUNCminorStrategic or Co-development PartnerHorizon Europe project partner for bio-based building materials. Develops sustainable construction materials from bio-based fiber sources.
  • Green Block ConsortiumminorStrategic or Co-development PartnerIndustry consortium including AE.CI, INGE.CO, and Elastrade focused on sustainable materials development. Collaboration on eco-friendly block and construction materials.
  • SUPERminorStrategic or Co-development PartnerResearch project partner for mechanical recycling of polyurethane. Develops technologies to recycle polyurethane waste into reusable materials.
  • Re-LeatherminorStrategic or Co-development PartnerStart-up partner focused on leather recycling technologies. Collaboration on developing recycled leather alternatives for fashion and footwear industries.
  • WetexminorStrategic or Co-development PartnerStart-up partner specializing in textile waste recycling. Develops technologies to process textile waste into new fiber materials.
  • EffecominorStrategic or Co-development PartnerEnergy efficiency project partner supported by Tuscany region. Focuses on improving energy efficiency in textile manufacturing processes.
  • RINA ConsultingminorImplementation/ SI/ Consulting PartnerConsulting partner involved in REFRESH project. Provides technical consulting and assessment services for sustainable materials development.
  • Gjenkraft ASminorStrategic or Co-development PartnerPartner in REFRESH project developing thermal recycling process technologies. Specializes in thermal conversion of waste materials.
  • ÉireCompositesminorStrategic or Co-development PartnerPartner in REFRESH project focused on composite materials development. Irish company specializing in advanced composite technologies.

Scale indicators1 record

Recent moves10 records

Expansion highlights5 records

Cormatex competitors and assessment

Company assessment

Regional players

  • Rieter: Swiss-listed global leader in yarn-spinning machinery (ring, rotor, air-jet systems). Competes in woollen/carded spinning equipment space where Cormatex's Mule Spinning Frame and Carding Sets operate, though Rieter is far larger and broader.
  • Sicam: Italian textile machinery manufacturer focused on carding and nonwoven solutions, also based in the Prato textile district. A regional direct peer in carding lines and nonwoven production equipment serving similar Italian and European customer base.

Direct peers

  • Laroche: French textile machinery maker specializing in fiber opening, blending, and recycling equipment for nonwoven and natural fiber applications. Comparable to Cormatex's Bale Openers, Fine Openers, Beater Mixers, and recycling-oriented machinery.
  • Trützschler: German family-owned textile machinery leader with strong positions in carding, nonwoven, and man-made fiber lines. Directly competes with Cormatex in nonwoven production equipment for hygiene, automotive, and filtration end markets.
  • Autefa Solutions: German/Swiss nonwoven machinery manufacturer offering complete needle-punch, spunlace, and thermal-bonding lines. Closely comparable to Cormatex's Airlay and Carding lines across hygiene, automotive, and technical textile end markets.
  • Dilo Group: German specialist in needle-punching nonwoven lines, including complete production systems from fiber opening through finishing. Directly comparable to Cormatex for needle-punched nonwoven machinery serving automotive, filtration, and geotextile customers.
  • Temafa: German manufacturer of fiber preparation and opening/blending machinery for nonwovens and recycled fiber applications. Directly overlaps with Cormatex's opening-and-blending line portfolio serving nonwoven producers.
  • Andritz (Asselin-Thibeau): Austrian industrial group whose Asselin-Thibeau division is one of the world's leading needle-punch nonwoven line suppliers. Competes head-to-head with Cormatex in needle-punching and carding nonwoven lines for automotive, geotextile, and filtration applications.

Broad incumbents

  • Saurer: Swiss-based industrial group offering spinning, twisting, and embroidery machinery for staple fiber and filament yarn production. Overlaps with Cormatex in woollen spinning lines and noble-fiber processing equipment.
  • Oerlikon Nonwoven (Neumag/Surface Solutions): Swiss-listed industrial conglomerate's nonwoven segment supplies spunbond, meltblown, and airlaid systems globally. A larger incumbent with broader portfolio that overlaps Cormatex in airlaid nonwoven machinery for hygiene and filtration.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Cormatex financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Cormatex leadership team

Management profile

Number of profiles

Profiles2 records

Cormatex funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

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

Cormatex M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Cormatex

What does Cormatex do?

Cormatex designs, manufactures, and globally sells industrial textile machinery for woollen spinning and nonwoven fabric production, including complete production lines (Airlay lines, carding lines, woollen spinning lines, opening/blending lines, dehairing and deburring lines) and individual machines (Lap Formair V and H airlay systems, carding machines, mule spinning frames, dehairing and deburring equipment). Its core technology is proprietary Airlay aerodynamic web formation, enabling production of nonwovens from natural, synthetic, virgin, regenerated, and recycled fibers for filtration, automotive, construction, hygiene, fashion, and other end markets.

Is Cormatex a public or private company?

Cormatex is a private company. It is classified as family owned and is currently operating.

When was Cormatex founded?

Cormatex was founded in 1938. It employs 11 to 50 people.

Where is Cormatex based?

Cormatex is headquartered in Montemuro, Portugal, in the Europe region.

How does Cormatex make money?

One revenue line is on record: textile Machinery Sales.

Who are Cormatex's main competitors?

Regional players on record are Rieter and Sicam. Direct peers are Laroche, Trützschler, Autefa Solutions, Dilo Group, Temafa and Andritz (Asselin-Thibeau). Broad incumbents are Saurer and Oerlikon Nonwoven (Neumag/Surface Solutions).

Does Cormatex have an API?

No public API is recorded for Cormatex.

What industry is Cormatex in?

Cormatex's product category is Industrial Textile Machinery. Its primary akta.pro industry code is IMAOABAC, Nonwoven Fabric Mills (Spunbond/Meltblown/Needle-punched), with a secondary code of IMAOABAH, Technical Fabric Mills (Performance/Protective/Medical Substrates). Its NAICS code is 31323 and its SIC code is 2200.

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