What Askoll does

Askoll is a privately held Italian industrial group founded in 1978 by Elio Marioni in Dueville (Vicenza), headquartered at Via Industria 30, and currently controlled by Askoll Holding S.r.l. a socio unico. The group is built on proprietary synchronous motor technology, on which it holds 800+ registered patents and which delivers 50%+ energy savings and reduced raw-material consumption (copper and iron) versus traditional motors. Its subsidiaries (Askoll UNO, DUE, TRE, CINQUE, Askoll E, and Askoll QUATTRO) operate in five divisions: Appliance Components (motors and pumps for washing machines, dishwashers, tumble dryers, ovens), Electric Vehicles (Askoll EVA: e-scooters and e-bikes via 250+ European outlets plus sharing operators, and Askoll ULTRA: 110 Nm e-mtb power units since 2022), Aquarium & Pond (over 40 years in aquariology), Electronics (Askoll E: SMT boards with EMC pre-compliance and functional testing), and Industrial Automation (Askoll QUATTRO: 800+ custom production lines built, Siemens/Keyence/Epson/Festo/SPEA integrations).\n\nThe group monetizes primarily through B2B hardware sales into major appliance OEMs (Electrolux, Whirlpool, Bosch, Miele, Samsung, Haier, BSH, Beko, Candy, Midea, Indesit) and through consumer EV sales via dealer networks plus B2B sales to scooter-sharing operators; an Automation-as-a-Product line and an Askoll EVA subsidiary listed on AIM Italia (now Euronext Growth Milan) since 2018 provide additional monetization channels and a partial public-market signal on the e-mobility arm. Manufacturing spans 6 plants on 3 continents (Italy, Slovakia, Romania, China, Brazil, Mexico) plus a US office, producing 35M+ motors annually. Revenue, growth rate, and ownership beyond the family-controlled holding structure are not disclosed in the available data, though the group's 1,001-5,000 employee footprint, multi-continent manufacturing, and enterprise-OEM customer roster indicate a scaled mid-market industrial supplier. Recent product launches (Askoll ULTRA in 2022) and ongoing R&D investment suggest continued diversification, while the 2025 passing of founder Elio Marioni and resulting CEO transition to Alessandro Beaupain constitute a near-term governance event.

Name

Askoll

Legal name

Askoll Holding Srl a socio unico

Website

https://askoll.com

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Askoll is a privately held Italian industrial group founded in 1978, applying proprietary synchronous motor technology across appliance components, electric vehicles (Askoll EVA, Askoll ULTRA), aquariums, electronics, and industrial automation lines for global OEM customers.

Ownership category

akta.pro rank

Product category

Electric Motors and Components Manufacturing

NAICS

Motor and Generator Manufacturing (335312), Motor Vehicle Electrical and Electronic Equipment Manufacturing (336320)

SIC

Motors & Generators (3621), Motorcycles, Bicycles & Parts (3751)

akta.pro primary industry

AC Motors (Induction, Synchronous) (IMAGACAA)

akta.pro secondary industries

E-Mobility Controllers, Motors & Drivetrains (Consumer aftermarket/OEM) (CRACASAK), Electric Motorcycles & Electric Scooters Manufacturing (IMACAEAB)

Keywords

• Electric motor manufacturing
• Appliance motor components
• Synchronous motor technology
• Electric scooter production
• Industrial automation systems

Headquarters

HQ city

Dueville

HQ country

Italy

HQ region

Europe

Offices11 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Electric Motors for Appliances: Sale of electric motors and components to OEM manufacturers of household appliances including washing machines, dishwashers, tumble dryers, and ovens. Components include drive motors, drain pumps, recycle pumps, convection and cooling fans.
2. Electric Vehicles: Sale of electric scooters and e-bikes under Askoll EVA brand. Vehicles designed and produced entirely in Italy at Dueville headquarters. Includes B2B (sharing operators) and B2C channels.
3. E-Bike Power Units: Sale of Askoll ULTRA branded power units (C90A) to e-mtb manufacturers. Customizable software and hardware for integration into third-party e-bike designs.
4. Industrial Automation Solutions: Custom automation lines for component assembly and finished product manufacturing. Includes hardware/firmware design, line development, installation, and ongoing technical support and maintenance services.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels4 records

Core offering

Askoll is an Italian electrical equipment manufacturer founded in 1978, producing high-efficiency synchronous electric motors and components for household appliances (washing machines, dishwashers, tumble dryers, ovens), electric vehicles (e-scooters and e-bikes under the Askoll EVA brand, plus Askoll ULTRA power units for e-mtb), aquarium and pond products, electronic boards (Askoll E), and custom industrial automation lines (Askoll QUATTRO). The company operates 11 subsidiaries across 3 continents and produces over 35 million motors annually.

Product overview

Askoll is a diversified industrial group founded in Italy in 1978, specializing in high-efficiency electric motors and their applications across three core markets: Aquarium & Pond (aquarium and pond products), Appliance Components (motors for washing machines, dishwashers, dryers, and ovens), and Electric Vehicles (e-scooters, e-bikes, and power units under the Askoll EVA and Askoll ULTRA brands). The group operates through multiple divisions including Askoll Electronics (electronic components), Askoll QUATTRO (industrial automation), and maintains 11 operating companies across Italy, Brazil, Mexico, Slovakia, Romania, China, and the USA. The company holds over 800 registered patents related to electric motors and produces over 35 million motors annually across 6 plants on 3 continents.

Differentiator

Problem solved

Functional benefit

Brands

• Askoll EVA: Electric vehicles division for urban electric mobility including e-scooters and e-bikes, operating since 2015.
• Askoll ULTRA
• Askoll E
• Askoll QUATTRO

Products and services

• Appliance Motor Components Electric motor components for household appliances including drive motors, condensate drainage pumps, drain pumps, recycle pumps, convection fans, and cooling fans for washing machines, dishwashers, tumble dryers, and ovens. Sold to major OEM manufacturers such as Electrolux, Whirlpool, Bosch, Samsung, Miele, and Haier. Over 35 million motors produced annually across 6 plants on 3 continents.
• Askoll EVA Electric Vehicles E-scooters and e-bikes designed and produced entirely in Italy at the Dueville headquarters, with key components including engine, electronic control unit, and batteries developed in-house. Sold through 250+ sales outlets across Europe to retail, professional, and sharing-fleet customers. In 2018, captured over 50% market share in Italy for e-scooters. Certified carbon footprint of 17 g/km vs. 90-91 g/km for combustion equivalents.
• Askoll ULTRA C90A Power Unit 110 Nm brushless e-bike power unit for e-mtb applications weighing 2.9 kg, with 90 Nm torque optimized between 60-80 pedal strokes per minute and 110 Nm Boost mode. Supports Askoll In Tube batteries or third-party batteries with customizable software parameterization. Sold to e-bike manufacturers for integration into their own designs.
• Aquarium & Pond Products Design and construction of aquariums and ponds made in Italy, dedicated to ornamental aquariums and ponds crafted with respect for natural balance and sustainability. Products include pumps, filtration, water circulation equipment, and complete aquarium/pond setups for home and professional aquatic facilities. Over 40 years of experience in aquaristics.
• Askoll Electronics (Askoll E) Design and production of electronic boards and components for all Group business units and external customers. Capabilities include hardware/firmware design, architecture definition, circuit creation, embedded software, EMC pre-compliance testing, SMT process with 100% AOI 3D optical inspection, THT soldering, and ICT/Functional Testing using SPEA 3030IL and SPEA 4060FP equipment.
• Askoll QUATTRO Industrial Automation Solutions Custom automation lines for assembly of components and finished products, including hardware/firmware design, line development, installation, and 24/7 remote technical support. Uses rotary index tables, synchronous and asynchronous transfer systems, and standalone machines. Incorporates Siemens PLCs, Keyence vision systems, Epson robotics, and Festo pneumatics. Over 800 production lines manufactured, operating across 10 countries on 4 continents, with 500 million+ parts produced using Askoll automation lines.

Quantifiable outcome

• 50%+ energy reduction with synchronous motor technology
• +3 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• SiemenscoreTechnology or IntegrationSiemens PLC technology utilized in Askoll QUATTRO automation lines for production line control systems. Advanced automation solutions incorporate Siemens programmable logic controllers for industrial automation.
• SPEAcoreTechnology or IntegrationSPEA 3030IL and SPEA 4060FP testing equipment used for In-Circuit Test (ICT), Functional Testing, and parametric testing of electronic boards in Askoll E division.

Scale indicators11 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• AMETEK: US-based industrial manufacturer with significant exposure to motors, blowers, and electromechanical components. Comparable in scale and product breadth across motor-driven industrial applications.
• Regal Rexnord: Global manufacturer of motors, drives, and power transmission components serving industrial and commercial markets. Comparable as a diversified motor and motion control company with global manufacturing footprint.
• Nidec Corporation: Japanese global leader in electric motors spanning appliance, automotive, and industrial applications. Directly comparable as a motor manufacturer serving major appliance OEMs at scale, with broader product breadth than Askoll.
• Shimano: Japanese component giant with a leading position in e-bike drive systems (Shimano Steps). Indirect peer in the e-bike powertrain market where Askoll ULTRA competes.
• Yamaha Motor (Power Assist Bicycles): Yamaha's PW series drive units compete directly with Askoll ULTRA in the e-mtb and e-bike power unit market, leveraging Yamaha's broader motor engineering capability.

Direct peers

• ebm-papst: German manufacturer of high-efficiency motors, fans, and blowers for HVAC, appliance, and industrial markets. Comparable as a European motor specialist selling into appliance OEMs with energy-efficiency focus.
• Bafang Electric Motor: Chinese manufacturer of e-bike drive systems, motors, and batteries. Comparable as a power unit supplier to e-bike OEMs, competing head-to-head with Askoll ULTRA on cost and customization.
• Bosch eBike Systems: Division of Bosch supplying drive units, batteries, and connected systems to leading e-bike manufacturers. Direct competitor to Askoll ULTRA in the e-bike power unit market.
• Johnson Electric: Hong Kong-based motor manufacturer with strong exposure to home appliance, automotive, and industrial applications. Closely comparable business model to Askoll's core appliance component division.
• Domel: Slovenian electric motor and vacuum cleaner motor manufacturer serving appliance and industrial OEMs. Closely comparable to Askoll's appliance motor business in terms of customer type and European OEM focus.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/askoll
• Xx.com/askollmobilita

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries13 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 Askoll