Noratel AS
Noratel AS is a Norway-based, 1925-founded manufacturer of custom transformers and wound magnetic components, serving industrial OEMs across medical, renewable energy, defense, and general industrial sectors globally. It operates as a wholly-owned subsidiary of FTSE 250-listed discoverIE Group PLC, with manufacturing across 12 countries.
- Company typePrivate
- Founded1925
- HeadquartersHokksund, Norway
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Noratel AS does
Noratel AS, founded in 1925 and headquartered in Hokksund, Norway, designs and manufactures custom-built magnetic power solutions — primarily transformers, inductors, and related wound components — for industrial OEM customers across medical, renewable energy, defense, transportation, oil and gas, and general industrial sectors. The product portfolio spans 1 to 3-phase transformers, toroidal transformers, medium/high-frequency magnetics (operating frequencies up to 50kHz and above, working voltages up to 12kV), liquid-cooled components and systems, air coils, instrument transformers, power supplies and PDUs, and the IMED-branded UL-listed medical isolation transformers; the company is certified to ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, with products designed to meet ISO 13485, EN 60601-1, EN 45545, and UL standards where applicable.
Noratel operates a co-engineering go-to-market in which its engineers collaborate with OEM customers from concept through delivery, leveraging in-house CAD, proprietary calculation programs, magnetic and thermal simulation, and failure analysis tooling. The company sells directly to enterprise OEMs via quote-based, project-specific contracts with multi-year cadence, and manufactures through wholly-owned subsidiaries in Norway, Denmark, Poland, Germany, Finland, Sweden, the UK, the US, Canada, Sri Lanka, China, and India.
Noratel is a wholly-owned subsidiary of discoverIE Group PLC, a UK-based international group of specialized electronic components businesses listed on the London Stock Exchange as part of the FTSE 250 index; discoverIE's stated strategy is to bolster exposure to defense, aerospace, medical, and renewables through Noratel and its other subsidiaries. Revenue is not publicly disclosed at the Noratel level, and the company does not maintain publicly listed prices given the custom nature of its offerings.
Noratel AS firmographics
Firmographics- Name
- Noratel AS
- Legal name
- Noratel AS
- Website
- https://www.noratel.com/home/
- Company type
- Private
- Founded year
- 1925
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Noratel AS is a Norway-based, 1925-founded manufacturer of custom transformers and wound magnetic components, serving industrial OEMs across medical, renewable energy, defense, and general industrial sectors globally. It operates as a wholly-owned subsidiary of FTSE 250-listed discoverIE Group PLC, with manufacturing across 12 countries.
- Ownership category
- akta.pro rank
Noratel AS industry classification
Industry- Product category
- Industrial Transformers and Magnetic Components
- NAICS
- Power, Distribution, and Specialty Transformer Manufacturing (335311), Electrical Equipment Manufacturing (33531), Other Electronic Component Manufacturing (334419)
- SIC
- Electronic Coils, Transformers & Other Inductors (3677), Power, Distribution & Specialty Transformers (3612), Electrical Industrial Apparatus (3620)
- akta.pro primary industry
- AC-DC Power Supplies (Industrial PSUs, DIN-rail, enclosed/open-frame) (IMAGADAA)
- akta.pro secondary industries
- Ruggedized/Harsh-Environment Electronics Manufacturing (IP-rated, shock/vibration, wide-temp) (IMAGAGAF), Sensors & Instrumentation Electronics Manufacturing Services (Transmitters, analyzers, industrial sensors) (IMAGAGAL), Renewable Manufacturing Materials & Subcomponents (Glass, EVA/Backsheet, Composites, Magnets) (EUAMAHAL)
Keywords
Where Noratel AS is headquartered
LocationHeadquarters
- HQ city
- Hokksund
- HQ country
- Norway
- HQ region
- Europe
Offices2 records
Markets served
Noratel AS business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure
Revenue model
- Custom Transformer and Magnetic Component Sales: Noratel generates revenue through the design, manufacture, and sale of custom-built magnetic power solutions including transformers, inductors, and related wound components. Products are sold directly to industrial OEM customers across multiple sectors including medical, renewable energy, defense, and general industrial applications.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom project-based pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Noratel AS product offering
Product offeringCore offering
Noratel AS designs, engineers, and manufactures custom-built transformers and wound magnetic components (1- and 3-phase transformers, inductors, toroidal transformers, medium/high-frequency magnetics, liquid-cooled components, air-coils, instrument transformers, medical-grade isolation units, and power supply/PDU units) for industrial OEM customers. The company operates a co-engineering model with OEMs from concept to delivery, with manufacturing sites in the UK, Continental Europe, Asia, and North America serving medical, renewable energy, defense, transportation, oil & gas, and industrial markets.
Product overview
Noratel AS is a global manufacturer of custom-built magnetic power solutions established in 1925 and headquartered in Norway. Part of the discoverIE Group, the company operates as a specialized transformer and wound components manufacturer with a portfolio of 20+ distinct product lines. The core offerings center on magnetic power components including 1 to 3-Phase Transformers (standard and custom designs for voltage step-up/step-down), 1 to 3-Phase Inductors (for power conditioning and harmonic filtering), and Medical Power Solutions branded as IMED (UL-listed medical grade isolation transformers with extremely low leakage current). The product range spans toroidal transformers, MF/HF magnetics (up to 50kHz+ and 12kV), liquid cooled components for wind turbine and industrial applications, air-coils for transportation and energy storage, instrument transformers for smart grid applications, and comprehensive power supply/PDU solutions. Supporting products include Vario variable transformers for continuous voltage adjustment, autotransformers, reactors/chokes, safety isolating transformers, DC power supplies, transient suppression transformers, and inrush current damping units as accessories. All manufacturing sites hold ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, with products designed to meet EN 60601-1 (medical), EN 45545 (railway), ISO 13485 (medical devices), and UL/CCSA standards where applicable.
Differentiator
Problem solved
Functional benefit
Brands
- IMED: Medical Grade Power solution for the highest level of safety protection. UL listed.
- Vario
Products and services
- 1 to 3-Phase Transformers Custom transformers used to step up or step down voltages across all focus industries, available in open-type and fully enclosed configurations with protection and mounting options. Sold to industrial OEMs.
- 1 to 3-Phase Inductors / Reactors & Chokes Inductors, reactors, and chokes commonly used in power conditioning and harmonic filtering applications across industrial sectors.
- Medical Power Solutions (IMED) UL-listed medical-grade isolation transformers providing the highest level of safety protection, with extremely low leakage current, double-insulated windings, and galvanic separation between input and output for medical OEMs.
- Liquid Cooled Components & Systems Liquid-cooled magnetic components originally designed for wind turbines and now applied across industries where heat and size constraints are critical factors.
- Air-Coils Air-core coils originally designed for train and energy storage applications, available in open-type or fully enclosed configurations with robust designs for rugged environmental conditions.
- MF and HF Magnetics (Medium/High Frequency Transformers) Custom-designed inductors, chokes, and transformers with operating frequencies up to 50 kHz+ and working voltages up to 12 kV, from fractional power ratings to several hundred kW.
- Toroidal Transformers Toroidal transformers used in critical applications such as the medical industry where low leakage currents and low radiated field are essential.
- Power Supply and Power Distribution Units (PDUs) Power supplies and PDUs for demanding industrial and medical applications, providing enclosed isolation, customized AC/DC PDUs, and uninterruptible power with focus on high reliability and performance.
- Instrument Transformers / Current Transformers Instrument transformers including measuring and protection current transformers (Class 0.2s measuring CTs, bar-primary, wound-primary, summation, and voltage transformers) commonly used on Smart Grid, power distribution, sensing and protection applications.
- Safety Isolating Transformers Transformers with primary insulation between primary and secondary windings for supplying SELV or PELV circuits (<50 VAC), used in low-voltage installations, distribution boards, transport installations, alarm systems, and automation.
- Autotransformers Autotransformers with shared winding configuration for efficient voltage conversion in applications such as fan speed control.
- Transient Suppression Transformers Transformers designed to suppress voltage transients and protect sensitive equipment from voltage spikes.
- Vario Variable Transformers Variable transformers under the Vario sub-brand for silent and continuous adjustment of alternating voltage and current, available in single-phase and three-phase models based on isolating or autotransformer designs.
- PCB Magnetics PCB-mounted magnetic components for integration into electronic assemblies.
- Inrush Current Damping Units Single and three-phase units designed for 35mm DIN-rail mounting that reduce inrush current to protect against overload and fuse-blow when transformers switch on.
Companies that use Noratel AS
Customer profileNamed customers3 records
Segments8 records
Ideal customer profiles2 records
Noratel AS technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Noratel AS partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- DiscoverIE GroupflagshipNoratel is a wholly-owned subsidiary of discoverIE Group PLC, an international group of specialized businesses that design and manufacture innovative electronic components for industrial applications. DiscoverIE is listed on the London Stock Exchange as part of the FTSE 250 index. DiscoverIE provides Noratel with operational backing and strategic direction while allowing Noratel to maintain its brand identity and engineering excellence.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
Noratel AS competitors and assessment
Company assessmentEmerging players
- Cosel: Cosel manufactures AC-DC and DC-DC power supplies and EMI filters for industrial and medical markets — overlapping with Noratel's PSU and PDU lines, particularly in medical applications requiring EN 60601-1 compliance.
Direct peers
- Hammond Manufacturing: Hammond manufactures custom and standard transformers, inductors, and power magnetics for industrial, electronic, and electrical equipment OEMs across North America and globally — directly comparable to Noratel's custom transformer and wound-component portfolio.
- Triad Magnetics: Triad designs and manufactures custom transformers, inductors, and power conversion magnetics for medical, industrial, and audio applications — overlapping directly with Noratel's medical (IMED) and general-industrial segments.
- Coilcraft: Coilcraft designs and manufactures custom and standard inductors, transformers, and RF magnetics serving industrial, medical, and defense end markets — directly overlapping with Noratel's custom magnetics offering.
- Würth Elektronik eiSos (Transformers & Magnetics): Würth Elektronik produces transformers, inductors, and chokes for industrial, renewable energy, and automotive applications, with co-engineering capabilities similar to Noratel's OEM partnership model.
Broad incumbents
- ABB: ABB manufactures distribution and specialty transformers, traction transformers, and power conversion equipment globally, with renewable and rail exposure that overlaps Noratel's wind, oil & gas, and transportation segments.
- Eaton: Eaton's electrical components business includes transformers, inductors, and power quality products serving industrial, data center, and renewable markets — broader incumbent with overlapping catalog and custom transformer offerings.
- Schneider Electric: Schneider's industrial automation and electrical distribution portfolio includes transformer and power-quality solutions for OEMs and end users, overlapping with Noratel's industrial & connectivity customer base.
- TDK (Lambda / TDK-Lambda): TDK-Lambda is a large global manufacturer of AC-DC and DC-DC power supplies, including custom-configurable industrial PSUs, competing with Noratel's PDU and power supply lines as part of a broader electronics portfolio.
- Phoenix Contact (Transformer/Power Supply Lines): Phoenix Contact produces industrial power supplies, isolation transformers, and signal conditioning components for automation customers — adjacent to Noratel's DIN-rail and industrial PSU offerings within a broader portfolio.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Noratel AS social profiles
Digital presenceNoratel AS compliance and trust
Trust signalCompliance7 records
Noratel AS financial estimates
Financial estimateRevenue estimate
Valuation estimate
Noratel AS leadership team
Management profileNumber of profiles
Noratel AS subsidiaries and ownership
Company hierarchySubsidiaries12 records
Noratel AS funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Noratel AS 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 Noratel AS
What does Noratel AS do?
Noratel AS designs, engineers, and manufactures custom-built transformers and wound magnetic components (1- and 3-phase transformers, inductors, toroidal transformers, medium/high-frequency magnetics, liquid-cooled components, air-coils, instrument transformers, medical-grade isolation units, and power supply/PDU units) for industrial OEM customers. The company operates a co-engineering model with OEMs from concept to delivery, with manufacturing sites in the UK, Continental Europe, Asia, and North America serving medical, renewable energy, defense, transportation, oil & gas, and industrial markets.
Is Noratel AS a public or private company?
Noratel AS is a private company. It is classified as corporate owned and is currently operating.
When was Noratel AS founded?
Noratel AS was founded in 1925. It employs 1,001 to 5,000 people.
Where is Noratel AS based?
Noratel AS is headquartered in Hokksund, Norway, in the Europe region.
How does Noratel AS make money?
One revenue line is on record: custom Transformer and Magnetic Component Sales.
Who are Noratel AS's main competitors?
Cosel is listed as an emerging player. Direct peers are Hammond Manufacturing, Triad Magnetics, Coilcraft and Würth Elektronik eiSos (Transformers & Magnetics). Broad incumbents are ABB, Eaton, Schneider Electric, TDK (Lambda / TDK-Lambda) and Phoenix Contact (Transformer/Power Supply Lines).
Does Noratel AS have an API?
No public API is recorded for Noratel AS.
What industry is Noratel AS in?
Noratel AS's product category is Industrial Transformers and Magnetic Components. Its primary akta.pro industry code is IMAGADAA, AC-DC Power Supplies (Industrial PSUs, DIN-rail, enclosed/open-frame), with a secondary code of IMAGAGAF, Ruggedized/Harsh-Environment Electronics Manufacturing (IP-rated, shock/vibration, wide-temp). Its NAICS code is 335311 and its SIC code is 3677.