ULMA
ULMA is a Spanish industrial cooperative (founded 1960s) that designs, manufactures, and rents engineered concrete forming and shoring systems for enterprise general contractors on building, high-rise, infrastructure, and industrial projects across 20+ countries.
- Company typePrivate
- Founded1960
- HeadquartersFair Lawn, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What ULMA does
ULMA is a Spanish industrial cooperative, ULMA C y E, S. Coop., founded in the 1960s and headquartered in Oñati, Gipuzkoa, Spain. It manufactures and supplies engineered concrete forming and shoring systems used to pour walls, columns, slabs, bridges, tunnels, high-rise cores, and other concrete structures. Core product lines include the MEGALITE handset panel system for walls and columns, the MEGAFRAME steel frame shoring system, the ALUPROP single-sided forming system, MK hydraulic and crane-lifted climbing systems, BMK climbing brackets, the KSP shaft platform, and the Garage Beam System for parking structures, all manufactured under European-certified quality standards derived from the Spanish operations.
The company operates a hybrid capital equipment business model with three revenue streams: direct equipment sales (MEGALITE, MEGAFORM, climbing systems, post shores, accessories), equipment rentals leveraging 100% rentable components shipped globally to project sites, and professional services including logistics, engineering and application support, on-site project support, and pre-assembly. Its go-to-market is enterprise field sales through regional sales advisors in 20+ countries across Europe, the Americas, and Asia, supported by a multi-language web presence, country-specific localized portals, the myULMA online customer portal, the ULMA Shop e-commerce storefront, and digital content (BIM/Revit integration via ULMA Studio, the Scaffmax scaffolding configurator, video, newsletter, and the UNEWS construction magazine). End customers are enterprise general contractors and concrete subcontractors serving building construction, high-rise, industrial and power plants, infrastructure and civil works (bridges, tunnels, viaducts), and water/sewage treatment facility construction. Notable named customers include VMG Construction, AIREKO Construction Group, Bayside Structures, Roy Rock LLC, and RJL Concrete.
ULMA Form-Works, Inc. is a wholly owned US subsidiary incorporated and headquartered in New Jersey (Fair Lawn/Hawthorne), serving the North American market. The company is privately held under a cooperative ownership structure and employs 1,001-5,000 people globally. In April 2026, the cooperative completed a planned internal leadership transition in which Aitor Igartua became CEO of ULMA Construction, succeeding Aitor Ayastuy (who moved up to lead the parent ULMA Group), with both executives having joined the cooperative in 1995.
ULMA firmographics
Firmographics- Name
- ULMA
- Legal name
- ULMA C y E, S. Coop.
- Website
- https://ulmaconstruction.com
- Company type
- Private
- Founded year
- 1960
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- ULMA is a Spanish industrial cooperative (founded 1960s) that designs, manufactures, and rents engineered concrete forming and shoring systems for enterprise general contractors on building, high-rise, infrastructure, and industrial projects across 20+ countries.
- Ownership category
- akta.pro rank
ULMA industry classification
Industry- Product category
- Construction Formwork and Shoring Equipment
- NAICS
- Agriculture, Construction, and Mining Machinery Manufacturing (3331)
- SIC
- Construction, Mining & Materials Handling Machinery & Equip (3530)
- akta.pro primary industry
- Concrete & Masonry Equipment Rental/Leasing (TLABAFAC)
Keywords
Where ULMA is headquartered
LocationHeadquarters
- HQ city
- Fair Lawn
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
ULMA business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Formwork and Shoring Equipment Sales: Sale of concrete forming and shoring equipment including MEGALITE, MEGAFORM, MK systems, climbing brackets, post shores, and related accessories. Equipment available in both imperial and metric measurements.
- Formwork and Shoring Equipment Rentals: Rental of forming and shoring equipment for construction projects. The company emphasizes 100% rentable components for cost savings. Equipment can be shipped to project locations worldwide.
- Services: Comprehensive services including logistics, engineering and application support, on-site project support, and equipment pre-assembly services.
Go-to-market motion1 record
Distribution channels5 records
Marketing channels7 records
ULMA product offering
Product offeringCore offering
ULMA designs, manufactures, and supplies concrete forming and shoring equipment for walls, columns, slabs, bridges, tunnels, and climbing applications in commercial, residential, civil, and industrial construction. The company sells and rents its proprietary systems (including MEGALITE, MEGAFRAME, ALUPROP, MK climbing systems, KSP shaft platforms, and BRIO scaffolding) directly to construction contractors, supplemented by engineering support, logistics, on-site services, and digital tools such as ULMA Studio (BIM/Revit) and the myULMA customer portal.
Product overview
ULMA is a leading manufacturer and supplier of highly-efficient concrete forming and shoring solutions providing high-performance engineered products and reliable services. The company operates as a cooperative (ULMA C y E, S. Coop.) headquartered in Spain with global operations across Europe, Americas, and Asia. ULMA's product portfolio centers on concrete formwork systems including the MEGALITE handset panel system, ALUPROP forming systems, and specialized climbing solutions like the KSP shaft platform and BMK climbing brackets. Complementary shoring systems include the Garage Beam System and MEGAFRAME frames. The company offers both equipment sales and rental options, supplemented by digital services including ULMA Studio for BIM planning and the myULMA customer portal. Services encompass engineering and application support, logistics, onsite project support, and equipment pre-assembly. ULMA serves building construction, high-rise buildings, industrial and power plants, infrastructure and civil works, and water and sewage treatment projects.
Differentiator
Problem solved
Functional benefit
Products and services
- MEGALITE Handset Panel Formwork
- Garage Beam System
- ALUPROP Forming System
- KSP Shaft Platform
- BMK Climbing Bracket
- MEGAFRAME Shoring System
- Forming Systems (Wall, Column, Climbing, Bridge, Tunnel)
- Shoring Systems (Slab Formwork, Post Shores, Timber Beams H20)
- Climbing Systems
- ULMA Studio (BIM/Revit Digital Planning Service)
- myULMA Customer Portal
- Forming and Shoring Sales
- Forming and Shoring Rentals
Quantifiable outcome
- Labor reduction of up to 50% using MK20 FORM system with pre-assembled components
Companies that use ULMA
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles3 records
ULMA technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
AI capability1 record
Feature9 records
ULMA partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- RJL ConcretecoreULMA collaborated with RJL Concrete on the University Living Now Modern student housing development project in Orlando, Florida. ULMA supplied MEGAFRAME and MEGALITE forming and shoring solutions for the 304,969 sqft, 5-floor development with 177 units. This partnership demonstrates ULMA's project-based collaborative approach with contractors.
Scale indicators2 records
Recent moves6 records
Expansion highlights4 records
ULMA competitors and assessment
Company assessmentDirect peers
- PERI Group: Germany-based global leader in formwork and scaffolding with the most comparable product portfolio to ULMA across handset, climbing and shoring systems, sold and rented to construction contractors worldwide.
- Doka: Austrian formwork manufacturer (part of Umdasch Group) directly competing with ULMA in wall, slab, climbing and infrastructure formwork with a similar sales-and-rental business model.
- Hünnebeck (BrandSafway): European formwork and shoring brand owned by BrandSafway; competes head-to-head with ULMA on rental fleets and engineered forming systems for buildings and infrastructure.
- EFCO: US-based concrete forming and shoring specialist serving commercial, industrial and infrastructure markets with both sales and rental — directly overlapping with ULMA's US and global offerings.
- Acrow Formwork: Formwork rental and engineering provider with strong US and emerging-market presence; competes with ULMA on rental-driven commercial and infrastructure projects.
- Aluma Systems: North American formwork manufacturer and rental company specializing in handset and flying form systems for high-rise and bridge construction — comparable to ULMA's MEGALITE and climbing product lines.
- MEVA Formwork Systems: German formwork manufacturer with a globally comparable product portfolio in wall, slab and climbing systems; competes directly with ULMA in Europe, Middle East and Americas.
- RMD Kwikform: UK-headquartered formwork, shoring and ground shoring supplier with global operations; directly overlaps with ULMA in infrastructure and high-rise shoring rentals.
- Layher: German scaffolding and shoring systems manufacturer; closely comparable to ULMA on the shoring and access scaffolding side (e.g., BRIO, MEGAFRAME) with similar sales-and-rental channels.
Broad incumbents
- BrandSafway: Large North American access, scaffolding and formwork services conglomerate (parent of Hünnebeck); broader portfolio than ULMA but a meaningful incumbent competitor in shared commercial and infrastructure accounts.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
ULMA social profiles
Digital presenceULMA financial estimates
Financial estimateRevenue estimate
Valuation estimate
ULMA leadership team
Management profileNumber of profiles
Profiles2 records
ULMA subsidiaries and ownership
Company hierarchySubsidiaries1 record
ULMA funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ULMA M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ULMA
What does ULMA do?
ULMA designs, manufactures, and supplies concrete forming and shoring equipment for walls, columns, slabs, bridges, tunnels, and climbing applications in commercial, residential, civil, and industrial construction. The company sells and rents its proprietary systems (including MEGALITE, MEGAFRAME, ALUPROP, MK climbing systems, KSP shaft platforms, and BRIO scaffolding) directly to construction contractors, supplemented by engineering support, logistics, on-site services, and digital tools such as ULMA Studio (BIM/Revit) and the myULMA customer portal.
Is ULMA a public or private company?
ULMA is a private company. It is classified as management employee owned and is currently operating.
When was ULMA founded?
ULMA was founded in 1960. It employs 1,001 to 5,000 people.
Where is ULMA based?
ULMA is headquartered in Fair Lawn, United States, in the North America region.
How does ULMA make money?
Three revenue lines are on record. Formwork and Shoring Equipment Sales are the primary driver. The others are formwork and Shoring Equipment Rentals and services.
Who are ULMA's main competitors?
Direct peers on record are PERI Group, Doka, Hünnebeck (BrandSafway), EFCO, Acrow Formwork, Aluma Systems, MEVA Formwork Systems, RMD Kwikform and Layher. BrandSafway is listed as a broad incumbent.
Does ULMA have an API?
No public API is recorded for ULMA.
What industry is ULMA in?
ULMA's product category is Construction Formwork and Shoring Equipment. Its primary akta.pro industry code is TLABAFAC, Concrete & Masonry Equipment Rental/Leasing. Its NAICS code is 3331 and its SIC code is 3530.