Teksid

What Teksid does

Teksid is an Italian industrial group and one of the world's largest foundry companies for the automotive sector, operating as a wholly-owned subsidiary of Stellantis since the 2021 FCA-PSA merger. Founded in 1978 by Gruppo Fiat to consolidate metallurgical operations tracing back to 1917, the group is organized into three product divisions: Teksid Iron (gray and ductile cast iron for engine blocks, heads, crankshafts, camshafts, suspension arms, and steering knuckles); Teksid Aluminum (aluminum HPDC, LPDC, and gravity die casting for cylinder heads, engine blocks, battery housings, transmission cases, oil pans, and structural body components); and Magnesium Components Verrés (high-pressure die-cast magnesium structural parts such as A-pillars, shock towers, and cross beams, acquired in 2021).

The group's technology base spans proprietary iron alloys (HPI gray iron with thermomechanical fatigue resistance at 420°C, SINTERCAST Compact Graphite Iron), advanced forming methods (vertical All-in-Core for cylinder blocks/heads, vacuum-assisted HPDC, Thixomoulding for magnesium), and full in-house secondary operations including machining, T5 heat treatment, super-machining, assembly, and e-coating. Five global manufacturing facilities — Carmagnola and Verrés (Italy), Skoczów (Poland), Betim (Brazil), and Zhenjiang (China) — provide combined casting capacity exceeding 180,000 tonnes per year and produce a portfolio used by Stellantis, BMW, Mercedes-Benz, Toyota, Volkswagen/Audi, Hyundai, Renault, Volvo, Scania, Iveco, and Tier 1s such as Marelli and Musashi. The Carmagnola aluminum plant is dedicated to the Stellantis FIREFLY engine program, having produced more than 9 million cylinder heads and blocks over the last five years.

Teksid generates revenue through enterprise B2B hardware sales of cast components under long-term supply contracts with automotive OEMs and Tier 1 suppliers, with pricing determined through direct negotiations that are not publicly disclosed. The go-to-market motion is deep technical co-design and simultaneous engineering integrated into OEM product development cycles, with no consumer-facing marketing or distribution channels. Operational excellence is evidenced by IATF 16949, ISO 9001/14001/45001/50001 certifications across plants, plus a 40% reduction in CO2 emissions over 10 years and 61% reduction in groundwater consumption at Carmagnola between 2022 and 2024.

Name

Teksid

Legal name

Teksid S.p.A.

Website

https://teksid.com

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Teksid is an Italian automotive foundry group, wholly owned by Stellantis, producing cast iron, aluminum, and magnesium components (engine blocks, cylinder heads, battery housings, structural parts) for global OEMs across five plants in Europe, South America, and Asia.

Ownership category

akta.pro rank

Product category

Automotive Foundry Components

NAICS

Foundries (3315), Aluminum Foundries (except Die-Casting) (331524)

SIC

Nonferrous Foundries (Castings) (3360), Iron & Steel Foundries (3320)

akta.pro primary industry

Aluminum Value-Added Components (Automotive, Aerospace, Packaging, Building Systems) (IMAKACAM)

akta.pro secondary industry

Aluminum Casting & Ingot/Billet/Slab Production (IMAKACAE)

Keywords

• Automotive cast iron components
• Aluminum die casting
• Magnesium structural components
• Automotive foundry services
• Engine cylinder heads

Headquarters

HQ city

Carmagnola

HQ country

Italy

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Automotive Component Manufacturing: Teksid generates revenue through the manufacture and sale of cast iron, aluminum, and magnesium components for automotive engines and vehicles. Revenue is derived from long-term supply contracts with automotive OEMs and Tier 1 suppliers, with components including cylinder heads, cylinder blocks, crankshafts, camshafts, suspension components, transmission parts, and structural body components.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Teksid is one of the world's largest foundry groups producing cast iron, aluminum, and magnesium components for the automotive industry. The company operates three divisions—Teksid Iron (gray and ductile cast iron components), Teksid Aluminum (aluminum die-cast cylinder heads, blocks, transmission cases, and battery housings), and Magnesium Components Verrès (high-pressure die-cast magnesium structural components)—supplying automotive OEMs with engine, transmission, and structural components through five manufacturing facilities worldwide.

Product overview

Teksid is an Italian industrial group and one of the world's leading foundry companies for the automotive sector, operating as part of Stellantis since 2021. The company operates three main divisions: Teksid Iron (gray and ductile cast iron production with facilities in Poland and China), Teksid Aluminum (aluminum die-casting with facilities in Italy and Brazil), and Magnesium Components Verrés (high-pressure die-cast magnesium and aluminum structural components in Italy). The portfolio includes engine cylinder blocks and heads (FIREFLY series), camshafts, crankshafts, differential cases, suspension arms, steering knuckles, exhaust manifolds, transmission cases, oil pans, battery housings for electric vehicles, and structural components such as rear longitudinal beams, cross beams, A-pillars, and shock towers. Production technologies include horizontal and vertical molding, gray and spheroidal cast iron, CGI (SINTERCAST technology), high-pressure die casting (HPDC), low-pressure die casting (LPDC), gravity die casting, and Thixomoulding. The company operates five global plants and serves major automotive manufacturers including Stellantis, BMW, Mercedes, Toyota, Hyundai, Volvo, Renault, and others.

Differentiator

Problem solved

Functional benefit

Brands

• FIREFLY: Stellantis engine platform including cylinder heads and cylinder blocks produced by Teksid Aluminum Carmagnola

Products and services

• Teksid Iron Division One of the world's largest groups of gray and ductile iron foundries, producing engine cylinder blocks, cylinder heads, engine and transmission components, and suspension parts for the automotive and commercial vehicle sectors. Division operates facilities in Skoczów, Poland and Zhenjiang, China.
• Teksid Aluminum Division Aluminum foundry division operating Carmagnola (Italy) and Betim (Brazil) facilities with combined capacity producing cylinder heads, engine blocks, transmission cases, battery housings for electric vehicles, and structural aluminum components using HPDC, LPDC, and gravity die casting.
• Magnesium Components Verrès (MCV) Division Specialized foundry at Verrès, Italy producing high-pressure die-cast magnesium and aluminum structural components including cross beams, seat structures, center console structures, and front carriers for European automotive manufacturers and Tier 1 suppliers. Includes research on Thixomoulding magnesium forming technology.
• FIREFLY Cylinder Head Aluminum cylinder head for the Stellantis FIREFLY engine, produced at Carmagnola using gravity die casting technology with inorganic binder cores for thin-walled oil and water passages, featuring fully automatic testing via nano-chambers.
• FIREFLY Engine Block Aluminum engine block for the Stellantis FIREFLY engine, produced using high-pressure die casting (HPDC) with co-cast cylinder liners, T5 heat treatment, and super-machining operations.
• Iron Cylinder Blocks Cast iron engine blocks weighing 25-70 kg with dimensions 250-420 mm, produced in gray cast iron for light and commercial vehicles.
• Camshafts Cast iron camshafts weighing 2-10 kg with dimensions 300-500 mm, produced in spheroidal graphite cast iron.
• Crankshafts Cast iron crankshafts weighing 8-20 kg for engine applications.
• Differential Cases (Iron) Cast iron differential housings weighing 2.5-5 kg with dimensions 200-500 mm, produced in both spheroidal and gray cast iron.
• Suspension Arms Cast iron suspension arms weighing 3-20 kg for automotive safety components, supplied to Tier 1 suppliers such as Musashi.
• Exhaust Manifolds Cast iron exhaust manifolds with dimensions 300-400 mm.
• Steering Knuckles Cast iron steering knuckles weighing 3-15 kg with dimensions 200-300 mm.
• Aluminum Cylinder Blocks Aluminum engine blocks weighing 12-25 kg with dimensions 280-420 mm, produced in AlSi7Mg and AlSi9Cu1 alloys.
• Aluminum Cylinder Heads Aluminum cylinder heads weighing 10-25 kg with dimensions 300-480 mm.
• Cylinder Head 2.2 Aluminum cylinder head weighing 14.4 kg with dimensions 453 x 229 x 111 mm, produced using gravity die casting in AlSi7MgCu0.5 alloy.
• Battery Housing (Aluminum) Aluminum battery housing weighing 20.2 kg per set, produced using low-pressure die casting (LPDC) in AlSi7MG alloy for electric vehicle applications.
• Aluminum Transmission Case Aluminum transmission case weighing 6 kg with dimensions 340 x 300 x 230 mm, produced using high-pressure die casting (HPDC) in AlSi9Cu3 alloy.
• Aluminum Oil Pan Aluminum oil pan weighing 5.65 kg with dimensions 450 x 250 x 177 mm in AS7G0.6 alloy.
• Basamento 2.2 JTD Engine Block Aluminum engine block for 2.2 JTD engine application.
• Rear Longitudinal Beam (Longherone) Structural aluminum component weighing 12 kg with dimensions 1400 x 600 x 400 mm in AlSi10 T6 alloy, produced with machining and assembly.
• Magnesium A-Pillar Magnesium A-pillar structural component weighing 9.5 kg with dimensions 900 x 900 x 200 mm, delivered with machining, assembly, and e-coating.
• Magnesium Shock Tower (Duomo) Magnesium shock tower weighing 5 kg with dimensions 600 x 350 x 350 mm, delivered with machining, assembly, and e-coating.
• Magnesium Cross Beam (Traversa Plancia) - AM50 Magnesium cross beam weighing 4.8 kg with dimensions 1500 x 400 x 500 mm in Mg AM50 alloy.
• Magnesium Cross Beam (Traversa Plancia) - AM60B Magnesium cross beam weighing 4 kg with dimensions 1400 x 300 x 300 mm in Mg AM60B alloy.

Quantifiable outcome

• 40% CO2 emissions reduction over 10 years through investments in melting furnaces and management improvements
• +3 more outcomes

Named customers26 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Partnerships

One partnership is on record.

• StellantiscoreStrategic or Co-development Partner · 1 January 2021Teksid became part of Stellantis following the merger of Fiat Chrysler and PSA in 2021, making it the fourth-largest automotive manufacturer globally. As a subsidiary, Teksid serves as a key component supplier while benefiting from the group's global scale and resources.

Scale indicators12 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Nemak: Mexican-headquartered global aluminum and magnesium high-pressure die caster supplying cylinder heads, blocks, and structural components to global automotive OEMs — directly comparable to Teksid Aluminum and Magnesium Components Verrés in product portfolio, customer set, and process technology.
• GF Casting Solutions: Division of Georg Fischer producing iron, aluminum, and magnesium cast components for automotive including engine blocks, suspension parts, and structural castings — directly comparable to Teksid Iron and Teksid Aluminum with similar multi-material foundry footprint.
• Linamar Corporation: Canadian Tier 1 automotive supplier with a large aluminum and iron casting division producing engine, transmission, and driveline components for global OEMs — directly comparable in automotive casting capabilities and OEM customer overlap.
• Bodine Aluminum: Independent US aluminum high-pressure die caster producing engine blocks, transmission housings, and structural automotive components — directly comparable to Teksid Aluminum's HPDC and LPDC automotive product portfolio.
• Shiloh Industries: US Tier 1 supplier of lightweight aluminum, magnesium, and steel components including structural castings and chassis parts — directly comparable to Teksid's multi-material lightweighting strategy for automotive.

Broad incumbents

• Rheinmetall (Automotive / Castings): German industrial group whose automotive division includes large-scale iron and aluminum foundries producing engine blocks and structural parts — overlapping with Teksid Iron / Aluminum in product categories though operating as part of a broader defense and automotive group.
• Gibbs Die Casting (Ryobi): Major North American high-pressure aluminum and magnesium die caster (part of Ryobi Group) supplying structural and powertrain components to global OEMs — broad incumbent comparable to Teksid's HPDC aluminum and magnesium structural product lines.

Emerging players

• Haynes International: While primarily a specialty alloys producer, Haynes and similar specialty alloy/materials players are adjacent comparables for Teksid's high-performance iron alloys (HPI gray iron, CGI) given shared metallurgy IP and OEM performance claims.

Regional players

• Sandhar Technologies: Indian automotive components group with iron and aluminum casting capabilities serving Indian and global OEMs — comparable in product mix to Teksid Iron / Aluminum but primarily serving the South Asian / Indian automotive market rather than Europe.

Others

• SinterCast: Swedish technology licensor of the CGI (compacted graphite iron) process used by Teksid — an enabling / technology peer rather than a direct competitor, but materially linked to Teksid's CGI cylinder head and block product lines.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/teksid

Compliance14 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

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 Teksid