InCom Group

What InCom Group does

InCom Group (legal entity Ingeniería de Compuestos, S.L.) is a Spanish-headquartered industrial manufacturer founded in 1997 that designs and produces composite kits and components primarily for wind turbine blade OEMs. Its core products are three kit families — Core Kits (CNC-cut PVC, PET, PUR, and balsa cores), Fiberglass/Glass Kits (custom-cut and stitched glass, carbon, and polyester fabrics), and Infusion Kits (auxiliary materials for resin infusion) — produced under humidity- and temperature-controlled conditions using proprietary CNC cutting, 5-axis machining, and CAD/CAM systems. Beyond kits, the company offers moulding and composite pieces (compression molding, RTM, light RTM, VARTM), engineering services (project management, kit design, blade manufacturing support, quality engineering), and global JIT logistics with local warehousing.

The company serves wind OEMs as its primary vertical, with disclosed reference customer TPI Composites — one of the largest independent wind blade manufacturers — awarding InCom "Best Rated Provider in Lean Advantage Solutions" in 2024. Secondary verticals include aeronautical, marine/automotive, and (since the 2023 Global Composites distribution agreement) shipbuilding. Revenue mechanics are quote-based B2B, with kits sold as custom-engineered one-time projects bundled with managed services (logistics, consignment, VMI) and professional engineering services; pricing is not publicly disclosed. The go-to-market is enterprise field sales with on-site engineering teams embedded at customer plants, supported by a direct distribution partnership with Global Composites for the shipbuilding channel. InCom operates six manufacturing and warehousing locations across Spain (HQ in Elda/Alicante and Albacete), China (Langfang, Hebei), Poland (Szczecin), India (Tamil Nadu), and Morocco (Tanger), employing 1,481 people as of 2025 and producing 36,000+ kits annually. The company is privately held, with founder Carlos Vidal retaining significant shareholding alongside CEO Luis Azorín; in February 2026 Pangram Capital Partners II SCR-Pyme (managed by Quadriga Asset Managers) invested alongside two strategic wind-energy investors to fund international expansion, capacity, and automation.

Name

InCom Group

Legal name

INGENIERÍA DE COMPUESTOS, S.L.

Website

https://incomgroup.es

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

501–1,000 employees

Short description

InCom Group designs and manufactures composite kits (cores, fiberglass, infusion), moulded parts, and engineering services for wind turbine blade OEMs, operating six manufacturing and warehousing sites across Spain, China, Poland, India, and Morocco with 1,481 employees.

Ownership category

akta.pro rank

Headquarters

HQ city

Alicante

HQ country

Spain

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Composite Kits Manufacturing: Manufacturing and sale of composite kits (core kits, fiberglass kits, infusion kits) for wind turbine blade production. Kits are pre-cut, assembled, and configured to customer specifications for direct use in layup and manufacturing processes.
2. Moulding & Composite Pieces: Custom moulding and manufacturing of composite parts for wind, marine, automotive, and aeronautical industries using compression molding, RTM, light RTM, and VARTM technologies.
3. Engineering Services: Engineering and technical consultancy services including project management, product design, blade manufacturing support, technical training, quality engineering, and on-site assistance.
4. Global Logistics Services: Global supply chain and logistics services including JIT delivery, local warehousing, consignment, cross-docking, and Vendor Managed Inventory (VMI) for composite materials and kits.
5. Distribution Agreement Revenue (Global Composites): Distribution of pre-engineered fiberglass reinforcement components, structural cores, and materials for resin infusion to the shipbuilding industry through the Global Composites partnership.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

InCom Group designs, engineers, and manufactures composite kits (Core Kits, Fiberglass Kits, and Infusion Kits) and composite components used in wind turbine blade production, along with ancillary moulding, engineering, and global JIT logistics services. The company processes a wide range of composite materials (glass fiber, carbon, polyester, balsa wood, PVC, PET, PUR) and supplies pre-engineered kits ready for integration into customer manufacturing workflows.

Product overview

InCom Group is a multinational company specializing in the engineering, design, and manufacturing of composite kits and components for wind turbines. The product portfolio centers on composite kits for wind blade manufacturing, including Core Kits (CNC-cut foam cores), Fiberglass/Glass Kits, and Infusion Kits. These kits are supported by complementary services: Global Logistics (JIT worldwide delivery with warehousing solutions), Moulding & Composite Pieces (custom mould design and manufacturing), and Engineering Services (project management, product design, manufacturing support, quality engineering, and technical training). The company operates manufacturing facilities across Spain, Poland, Morocco, China, and India, serving major OEMs in the wind energy sector.

Differentiator

Problem solved

Functional benefit

Products and services

• Core Kits Pre-engineered CNC-cut and machined composite cores (PVC, PET, PUR, Balsa) assembled into kits that simplify and accelerate the layup process in wind turbine blade manufacturing.
• Fiberglass Kits (Glass Kits) Custom-designed, cut, and stitched kits of fabrics (Glass, Carbon, Polyester) ready for use in composite manufacturing processes, with consumption optimization and pattern management.
• Infusion Kits Auxiliary kits for infusion, pre-bag, or other production improvement workflows, including in-profiles, sealant barriers, coatings, vacuum bags, and perforated films.
• Global Logistics (JIT Supply Chain Solutions) Customized supply chain solutions providing Just-In-Time global delivery, local warehousing, consignment, cross-docking, and Vendor Managed Inventory (VMI) capabilities with ERP integration and electronic data management.
• Moulding & Composite Pieces Collaborative design and development of molds and composite parts for customers using compression molding, resin transfer molding (RTM and light RTM), and vacuum-assisted resin transfer molding (VARTM).
• Engineering Services Full-service engineering including project management, product kit design, blade manufacturing support, industrialization, material testing and prototype reports, technical training, quality engineering, and customer product maintenance.

Quantifiable outcome

• 36,000+ kits produced and delivered in 2025
• +3 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Global CompositescoreChannel Partner/ Reseller/ Distributor · 10 March 2023InCom Group signed a collaboration agreement with Global Composites, a distribution company for composite materials. Global Composites markets and distributes pre-engineered fiberglass reinforcement components, structural cores, and resin infusion materials manufactured by InCom, along with associated engineering and technical assistance services to the shipbuilding industry.
• Official Spanish Chambers of Commerce in Morocco (Casablanca and Tangier)minorStrategic or Co-development Partner · 6 February 2023InCom participated in the Morocco-Spain Economic Forum with active participation in working breakfasts with the Official Spanish Chambers of Commerce in Morocco, reinforcing bilateral business ties between Spain and Morocco.
• TPI CompositescoreStrategic or Co-development PartnerTPI Composites, one of the leading global companies in wind turbine blade manufacturing and advanced composite materials, awarded InCom Group as Best Rated Provider in Lean Advantage Solutions. This award recognizes the collaboration between both companies in promoting sustainability and innovation in the renewable energy sector.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Gurit Holding AG: Gurit is a Swiss-listed composites specialist supplying wind energy, marine, and aerospace core materials and kits. It is the closest publicly-traded analogue to InCom, competing in engineered core kits, wind blade materials, and composite part manufacturing for the same OEM customer base.
• Diab International AB: Diab is a leading manufacturer of structural foam core materials (PVC, PET, SAN) used in wind turbine blades, marine, and transportation. As a core material supplier to the same OEMs that InCom sells kits to, it overlaps directly in the core-kit value chain.
• 3A Composites (Balsa Core): 3A Composites manufactures balsa, foam, and honeycomb core materials widely used in wind blade, marine, and aerospace composites. It supplies the raw core material InCom cuts and kits, making it both a peer in the wind core-kit business model and a key upstream counterparty.
• Saertex GmbH & Co. KG: Saertex is a global manufacturer of non-crimp fabrics, glass/carbon fiber reinforcements, and core kits for wind, marine, aerospace, and automotive. Its multi-location production and kit-format offerings closely match InCom's fiberglass kits and infusion kit business.
• Hexcel Corporation: Hexcel is a US-listed composites manufacturer producing carbon fiber reinforcements, prepregs, and honeycomb cores for wind, aerospace, and industrial markets. It overlaps with InCom in engineered composite kits and core materials for OEM customers.

Broad incumbents

• TPI Composites, Inc. TPI is one of the largest independent wind turbine blade manufacturers and is InCom's anchor customer ('Best Rated Provider' award recipient). While InCom is a Tier-1 kit supplier to TPI, TPI's own composites manufacturing operations place it as a broad incumbent/strategic customer whose evolving in-house strategy is a key watchpoint.
• Vestas Wind Systems A/S: Vestas is the world's largest wind turbine OEM, with its own blade factories and captive composites supply chain. As a key indirect customer for InCom's kits and a potential insourcing threat, it shapes the addressable market and competitive dynamics for suppliers like InCom.
• LM Wind Power (GE Vernova): LM Wind Power, now a GE Vernova business, is a major blade manufacturer and customer for composite kits. Its strategy of in-house plus tier-1 supplier panels is directly comparable to the supply-chain position InCom occupies within TPI's footprint.
• Nordex Group: Nordex/Acciona Windpower manufactures wind turbines and blades with significant European and Latin American production. Like Vestas and GE/LM, it operates an internal composites supply chain that competes with and relies on kit suppliers similar to InCom.

Emerging players

• SGL Carbon SE: SGL Carbon supplies carbon fiber and composite materials to wind, aerospace, and automotive applications. As a wind composite materials specialist, it competes for the same OEM material qualification slots that InCom targets with its carbon-fiber kits.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@InComGroupSL
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• Facebookfacebook.com/InComPolska

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries6 records

Funding overview

Funding rounds1 record

Investors1 record

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 InCom Group