Simpac
- Company typePrivate
- Founded1973
- HeadquartersIncheon, South Korea
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
Simpac firmographics
Firmographics- Name
- Simpac
- Legal name
- 주식회사 SIMPAC
- Website
- https://simpac.co.kr
- Company type
- Private
- Founded year
- 1973
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Where Simpac is headquartered
LocationHeadquarters
- HQ city
- Incheon
- HQ country
- South Korea
- HQ region
- Asia
Offices1 record
Markets served
Simpac business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- SIMPAC (Press / Metal / Trading): Precision metal forming, stamping, and trading operations supplying press and metal components across multiple industrial sectors
- SIMPAC Industries (Industrial Machinery / Fe-Si): Industrial machinery manufacturing and domestic-only high-purity ferrosilicon production for EV and renewable energy supply chains
- SIMPAC KDA (Automotive Parts): Automotive component manufacturing supplying core parts for major North American vehicle models through process innovation and quality competitiveness
- SIMPAC Global (Resource Recycling): Sustainable resource circulation and ESG-driven growth through recycling and circular economy operations
- SIMPAC Atelier (Beauty / F&B / Lifestyle): Beauty, food & beverage, and lifestyle brand portfolio offering refined products and experiences to consumers
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Simpac product offering
Product offeringCore offering
Simpac is a diversified South Korean industrial group that manufactures and supplies precision metal-formed components, press and metal trading products, industrial machinery, and high-purity ferrosilicon (Fe-Si) alloys. Its SIMPAC KDA division supplies core automotive stamping parts to major North American vehicle programs, while SIMPAC Industries holds Korea's only domestic high-purity Fe-Si production capability supporting EV and renewable energy supply chains. The group also operates SIMPAC Global (resource recycling/ESG) and SIMPAC Atelier (consumer beauty, F&B, and lifestyle brands).
Product overview
Simpac is a diversified industrial group offering a platform of five distinct business operations: SIMPAC (press and metal trading), SIMPAC Industries (industrial machinery and Fe-Si materials for EVs/renewable energy), SIMPAC KDA (automotive parts manufacturing for North America), SIMPAC Global (ESG and carbon neutrality initiatives), and SIMPAC Atelier (beauty, F&B, and lifestyle consumer brands).
Differentiator
Problem solved
Functional benefit
Brands
- SIMPAC Industries: Industrial machinery and high-purity Fe-Si production for electric vehicles and renewable energy sectors
- SIMPAC KDA
- SIMPAC Global
- SIMPAC Atelier
Products and services
- SIMPAC (Press / Metal / Trading)
- SIMPAC Industries (Industrial Machinery / Fe-Si)
- SIMPAC KDA (Automotive Parts)
- SIMPAC Global (Resource Recycling)
- SIMPAC Atelier (Beauty / F&B / Lifestyle)
Companies that use Simpac
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles3 records
Simpac technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Simpac partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- SIMPAC IndustriescoreA group subsidiary specializing in industrial machinery manufacturing and domestic-only high-purity Fe-Si alloy production for electric vehicle and renewable energy sectors. Operates as an integrated part of the Simpac Group.
- SIMPAC AmericacoreNorth American subsidiary of Simpac Group operating regional manufacturing and sales operations for automotive and industrial components in the US market.
- SIMPAC RISTecBizminorA group subsidiary (RISTecBiz) operating as part of the Simpac Group ecosystem, serving technology or business-related functions within the conglomerate.
- SIMPAC KDAcoreSIMPAC KDA is a group subsidiary supplying core automotive stamping components for major North American vehicle models, contributing to future mobility growth through process innovation and quality competitiveness.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
Simpac competitors and assessment
Company assessmentBroad incumbents
- Komatsu: Diversified Japanese industrial machinery giant including press and metal forming equipment. Broader portfolio than Simpac but overlaps on industrial press manufacturing and metalworking machinery.
- Magna International: Global Tier-1 automotive supplier with extensive metal forming and body structures operations. Overlaps with SIMPAC KDA on North American OEM stamping and assemblies, though at vastly larger scale.
- SMS Group: German plant and machinery builder for metal processing including forming and forging. Overlaps with Simpac on metal-forming equipment and industrial machinery supply to global manufacturers.
Regional players
- Sungwoo Hitech: Korean automotive stamping and chassis parts supplier serving domestic and global OEMs. Regional peer overlapping with Simpac's automotive press and metal-forming business in the Korean market.
Direct peers
- AIDA Engineering: Japanese press manufacturer specializing in metal stamping and forging presses for automotive and electronics. Directly comparable to Simpac on press equipment, precision forming, and automotive OEM supply.
- Martinrea International: Canadian Tier-1 automotive metal formings and assemblies supplier serving North American OEMs. Direct peer to SIMPAC KDA's North American automotive stamping supply position.
- Schuler Group (ANDRITZ Schuler): German-headquartered global leader in press manufacturing and metal forming technology, acquired by ANDRITZ. Direct peer to Simpac's core press and metal-forming business serving automotive and industrial customers worldwide.
- Elkem: Norwegian producer of silicon and ferrosilicon (Fe-Si) products for EV batteries, solar, and specialty alloys. Direct peer to SIMPAC Industries' high-purity Fe-Si production serving clean-energy value chains.
- Feintool: Swiss fine blanking specialist with proprietary technology for high-precision sheet metal parts serving automotive, industrial, and electronics customers. Most direct peer to Simpac's fine blanking core capability.
- Globe Specialty Metals: US-based producer of silicon metal and ferrosilicon serving steel, aluminum, and solar/semiconductor customers. Comparable to SIMPAC Industries' high-purity Fe-Si production and downstream renewable energy supply.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Simpac social profiles
Digital presenceSimpac financial estimates
Financial estimateRevenue estimate
Valuation estimate
Simpac leadership team
Management profileNumber of profiles
Profiles1 record
Simpac subsidiaries and ownership
Company hierarchySubsidiaries6 records
Simpac funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Simpac 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 Simpac
What does Simpac do?
Simpac is a diversified South Korean industrial group that manufactures and supplies precision metal-formed components, press and metal trading products, industrial machinery, and high-purity ferrosilicon (Fe-Si) alloys. Its SIMPAC KDA division supplies core automotive stamping parts to major North American vehicle programs, while SIMPAC Industries holds Korea's only domestic high-purity Fe-Si production capability supporting EV and renewable energy supply chains. The group also operates SIMPAC Global (resource recycling/ESG) and SIMPAC Atelier (consumer beauty, F&B, and lifestyle brands).
Is Simpac a public or private company?
Simpac is a private company. It is classified as unknown and is currently operating.
When was Simpac founded?
Simpac was founded in 1973. It employs 1 to 10 people.
Where is Simpac based?
Simpac is headquartered in Incheon, South Korea, in the Asia region.
How does Simpac make money?
Five revenue lines are on record. SIMPAC (Press / Metal / Trading) is the primary driver. The others are SIMPAC Industries (Industrial Machinery / Fe-Si), SIMPAC KDA (Automotive Parts), SIMPAC Global (Resource Recycling) and SIMPAC Atelier (Beauty / F&B / Lifestyle).
Who are Simpac's main competitors?
Broad incumbents on record are Komatsu, Magna International and SMS Group. Sungwoo Hitech is listed as a regional player. Direct peers are AIDA Engineering, Martinrea International, Schuler Group (ANDRITZ Schuler), Elkem, Feintool and Globe Specialty Metals.
Does Simpac have an API?
No public API is recorded for Simpac.