Sira Industrie s.p.a.

What Sira Industrie s.p.a. does

Sira Industrie S.p.A. is a privately-held Italian industrial group headquartered in Rastignano, Bologna, operating three distinct business divisions: Die Casting, Heating, and Engineering. The group was founded in the late 1950s/early 1960s and registered the worldwide patent for the aluminum and steel bimetal radiator in 1961, which spawned its Heating division. Today it is controlled by the Gruppioni family, with Valerio Gruppioni serving as President and CEO and majority shareholder through a family holding company that reacquired full ownership from NB Aurora in July 2021.

The Die Casting division is the operational core, operating 49 die casting machines across four Italian facilities (Sirpress in Nusco, SAI in Nusco, Emilpress in Serravalle, SIRTEC in Dosso) and one Chinese facility (Sira Tianjin), with locking forces ranging from 250 to 3,500 tons and annual capacity of approximately 600,000 pieces at SAI alone. Production uses proprietary Piq2 die-filling simulation software and is validated by Bosello and X CUBE X-Ray inspection, ZEISS and EXAGON CMM metrology, and ROMER laser scanning. The Heating division produces aluminum and steel radiators under three sub-brands (Sira Radiators, Faral founded 1966, and IPS Pasotti) using die-cast, extruded, and bimetal technologies, sold through 800+ resellers across 28+ countries. The Engineering division delivers turnkey industrial plant construction internationally. Reported consolidated revenue reached approximately €151 million in FY2022.

Sira generates revenue primarily through hardware sales of die-cast aluminum components to automotive, motorcycle, construction, and medical OEMs (direct enterprise sales), and through distributor/reseller channels for consumer and commercial heating products. The group holds IATF 16949:2016, ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and ISO 50001:2018 certifications across its die-casting entities. Its go-to-market combines direct industrial sales, a global distributor network, industry trade shows (notably Euroguss), and motorsport brand sponsorship (Ducati MotoGP team).

Name

Sira Industrie s.p.a.

Legal name

Sira Industrie S.p.A.

Website

https://siraindustrie.com

Company type

Private

Founded year

1961

Operating status

Operating

Headcount range

251–500 employees

Short description

Sira Industrie is a privately-held Italian industrial group operating in three divisions: aluminum die casting for automotive and industrial OEMs across 5 facilities (Italy and China), branded heating radiator manufacturing (Faral, Pasotti, Sira), and turnkey industrial plant engineering. Family-controlled, with FY2022 revenue of approximately €151 million.

Ownership category

akta.pro rank

Product category

Aluminum Die Casting and Heating Radiators Manufacturing

NAICS

Industrial Machinery Manufacturing (3332), Machinery Manufacturing (333), Special Die and Tool, Die Set, Jig, and Fixture Manufacturing (333514)

SIC

Primary Production Of Aluminum (3334), Metalworkg Machinery & Equipment (3540)

akta.pro primary industry

Aluminum Casting & Ingot/Billet/Slab Production (IMAKACAE)

akta.pro secondary industry

Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping) (IMAHADAC)

Keywords

• Aluminum die casting
• Heating radiators
• Turnkey plant engineering
• Die cast parts
• Bimetal radiators

Headquarters

HQ city

Bologna

HQ country

Italy

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Aluminum Die Casting Parts: Design, manufacturing, and sale of aluminum die casting parts for automotive, motorcycle, construction, and medical sectors. Production includes both small and large series, with machining and assembly capabilities.
2. Heating Radiators: Production and sale of aluminum radiators using die-cast, extruded, and bimetal technologies, as well as steel column radiators and towel radiators. Products include branded lines under Faral and Pasotti.
3. Engineering Services: Localization, conception, design, and construction of turnkey production plants and commercial units for companies worldwide. Services include project assistance, land research, construction project management, and industrial start-up support.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Sira Industrie is an Italian industrial group operating three divisions: a Die Casting division producing aluminum alloy die-cast parts through five production facilities in Italy and China, with 49 die casting machines ranging from 250 to 3500 tons locking force; a Heating division manufacturing aluminum (die-cast and extruded), bimetal (steel/aluminum), and steel radiators under the Sira, Faral, and IPS Pasotti brands for residential and commercial heating; and an Engineering division providing localization, design, and turnkey construction of production plants and commercial units for companies worldwide.

Product overview

Sira Industrie s.p.a. is a multinational industrial group founded in Italy over 60 years ago, operating in three divisions: Die Casting Division (aluminum die casting production through 5 facilities in Italy and China: Sirpress, SAI, Emilpress, SIRTEC, and Sira Tianjin), Heating Division (radiator manufacturing under three sub-brands: Sira Radiators featuring ALICE/PRIMAVERA/RUBINO lines, Faral featuring the historic TROPICAL/ALLIANCE/MARANELLO/ALBA+/CONDOR lines, and IPS Pasotti featuring ELEGANCE/CONFORT/JOKER/TITAN/OPERA lines), and Engineering Division (turnkey production plant construction). The company offers products ranging from industrial die-cast components for automotive/mechanical sectors to residential and commercial heating solutions including die-cast aluminum, extruded aluminum, and steel radiators with 2-20 year warranties.

Differentiator

Problem solved

Functional benefit

Brands

• Faral: Historic Italian brand for aluminium die-cast radiators; founded 1966; known for quality, innovation, and environmental attention; world leader in die-cast aluminium radiators.
• IPS Pasotti
• Sirpress
• Emilpress
• SAI Sira Automation Industry
• SIRTEC Srl
• Sira (Tianjin) Aluminium Products Co., Ltd
• Engineering Division

Products and services

• Aluminum Die Casting Parts (Custom Manufacturing) Custom design and manufacturing of aluminum alloy die-cast parts, including dies, machining of castings, and assembly, for automotive, motorcycle, construction, and medical sector customers. Production spans small and large series across five facilities with 49 die casting machines from 250 to 3500 tons locking force.
• Sira Radiators (Sira sub-brand) Sira-branded radiator line including die-cast aluminum models (ALICE PRINCESS, ALICE QUEEN, ALICE ROYAL, PRIMAVERA), extruded aluminum models (RUBINO, ALICE+) up to 2 meters height, and steel column radiators (iRON), sold for residential and commercial heating with 15-year warranties.
• Faral Radiators (Faral sub-brand) Historic Italian brand (founded 1966) of aluminum die-cast radiators based on the original 1961 worldwide bimetal radiator patent. Product line includes TROPICAL, ALLIANCE, MARANELLO, GREEN, TROPICAL+, ALBA+, and CONDOR models with 15-year warranties.
• IPS Pasotti Radiators (Pasotti sub-brand) Italian brand with 50+ years of history producing die-cast aluminum radiators (ELEGANCE 2.0, CONFORT 2.0, JOKER 2.0), extruded aluminum radiators (New Age, OPERA, TITAN) up to 2 meters height, and steel towel warmers with 15-year warranties, distributed through 800+ resellers across 25 countries.
• Steel Towel Radiators (SIMPLY, FLEX White, FLEX Chrome) Decorative steel towel radiators in high-quality carbon steel, available with white RAL 9010 finish (SIMPLY), rounded surfaces (FLEX White), and chrome finish (FLEX Chrome, 6 bar max working pressure), with 2-year warranties for residential bathrooms.
• NOIR Line - Anthracite Radiator Collection Anthracite-colored radiator collection launched in 2025, comprising Titan Noir, New Age Noir, Elegance Noir, and Confort Noir models, offering a dark finish alternative to the standard white and chrome radiator lines.
• Turnkey Plant Engineering Services Engineering division services for localization, conception, design, and construction of turnkey production plants and commercial units for companies in Italy and abroad, including project management, land research, construction project management, supplier sourcing, and industrial start-up support.

Quantifiable outcome

• Die casting production from 250 to 3500 tons capacity
• +3 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• S.A.I. (Schlote Automotive Italia)coreStrategic or Co-development Partner · 8 September 2020Joint venture formed from an Italian-German partnership between Schlote (European leader in mechanical processing for automotive), Bohai-Trimet (automotive components and aluminum production), and Sira Industrie (via Sirpress subsidiary, major reference in aluminum foundries). New company S.A.I. represents a significant investment in the Irpinia region of Italy.
• SchlotecoreStrategic or Co-development PartnerEuropean leader in mechanical processing for the automotive industry, partner in the S.A.I. joint venture for automotive components manufacturing in Italy.
• Bohai-TrimetcoreStrategic or Co-development PartnerLeader in automotive components supply and aluminum production, partner in the S.A.I. joint venture.
• ImmerGasminorStrategic or Co-development PartnerAgreement between ImmerGas and Sira Industrie for new sustainable solutions in China, with Sira Industrie supplying components for heating systems.

Scale indicators7 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Aludyne: Global aluminum die casting supplier serving automotive and industrial customers with structural, chassis, and powertrain components. Closest direct competitor to Sira's die casting division given similar product scope, customer base, and European manufacturing footprint.
• Ryobi Die Casting: Large-scale Japanese aluminum die casting manufacturer with global operations serving automotive OEMs. Comparable to Sira in producing complex structural and powertrain die castings at scale, though with broader geographic and customer reach.
• Form Technologies (Dynacast): Global precision metal components manufacturer specializing in die casting and metal injection molding across multiple industries. Direct peer to Sira's die casting division in terms of process technology, customer diversification, and multi-sector exposure.
• Gibbs Die Casting: North American aluminum and magnesium die casting supplier serving automotive and industrial customers. Direct peer to Sira in process capability (high-pressure die casting) and end-market focus on automotive components.
• Fondital: Italian manufacturer of aluminum radiators, boilers, and heating systems with similar heritage to Sira's heating division. Headquartered in Italy and competing in the same European residential and commercial heating markets as Faral, Pasotti, and Sira radiator brands.
• Stelrad Radiators: UK-based European leader in steel panel radiators and heating solutions. Direct competitor to Sira's steel column radiator line and broader heating portfolio, serving the same European installer and distribution channels.
• IRSAP: Italian manufacturer of designer heating radiators (towel warmers, aluminum, steel) serving European residential and commercial markets. Highly comparable to Sira's heating division in product range, design-led positioning, and Italian manufacturing heritage.

Broad incumbents

• Nemak: Mexican-headquartered global leader in aluminum components for the automotive industry, with extensive die casting operations for powertrain and structural parts. Significantly larger than Sira, but operates in the same core aluminum die casting category for automotive applications.
• Rettig (Purmo Group): European leader in sustainable indoor climate solutions including radiators and underfloor heating. Directly comparable to Sira's heating division, with broader product portfolio and stronger European market position than Faral/Pasotti/Sira brands.

Others

• Schlote Gruppe: German automotive mechanical processing specialist and Sira's JV partner in SAI. Adjacent peer reflecting the integrated aluminum casting-machining supply chain Sira is positioning for, rather than a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCvq3gclTGqnsURsXg6M762w
• LinkedInlinkedin.com/company/sira-industrie-s-p-a-
• Instagraminstagram.com/sira_industrie

Compliance12 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries7 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 Sira Industrie s.p.a.