NPE

What NPE does

NPE S.r.l. (New Procond Elettronica) is an Italian Electronic Design and Manufacturing Services (EDMS) provider headquartered in Longarone, Italy, founded in 1968. Operating as a wholly owned subsidiary of Shenzhen-listed H&T Intelligent Control Co. Ltd. (stock code 002402) since 2019, NPE serves as the European Design and Manufacturing Competence Center for the H&T Group. With 251-500 employees and manufacturing sites in Longarone and Mădăras, Romania (operational from 2023), the company delivers integrated hardware, software, and mechanical development services for electronic controls, electromechanical systems, and aesthetic components. Customers span five verticals: Coffee & Vending Machines, Home & Professional Appliances, Industrial automation, Smart Energy, and Sport Systems, with flagship relationships including Bosch (2025 Global Supplier Award) and a historical anchor with De'Longhi Group.

The company's technical stack centers on SMT and PTH assembly lines equipped with 3D solder paste inspection, AOI, X-ray inspection, and selective soldering; an in-house EMC pre-compliance laboratory; three climatic chambers for environmental testing; and custom-designed In-Circuit Test (ICT) and Functional Test (FCT) equipment. Engineering uses Altium Designer for PCB layout and Autodesk Inventor for mechanical design, with additive manufacturing via Ultimaker S7 Pro (FFF) and Formlabs Form 4 (SLA) for prototyping and fixtures. Quality systems are anchored by ISO 9001 and ISO 14001 certification, Six Sigma methodology, APQP/PPAP processes, and DFMEA/PFMEA practice, validated externally by the EcoVadis Silver Medal (top 15% globally) and Bosch Global Supplier Award 2025.

NPE operates a B2B, quote-based revenue model combining EMS (turnkey PCBA production, assembly, and testing) and ODM (Original Design Manufacturing) services, executed exclusively through direct enterprise field sales led by Sales Director Gianmarco Corlianò. The go-to-market targets OEM manufacturers and brand owners in long-term strategic partnerships, with no channel or digital marketing distribution. Revenue is generated from hardware production, professional design and engineering services, and supply-chain integration leveraging H&T Group's global sourcing network across 23 facilities worldwide. The company's homepage references a 'Development Strategy by 2030' measured in millions of EUR; the 2024 turnover is disclosed in millions of EUR but the exact figure was not legible in the scraped content.

Name

NPE

Legal name

NPE S.r.l.

Website

https://newprocond.com

Company type

Private

Founded year

1968

Operating status

Operating

Headcount range

251–500 employees

Short description

NPE S.r.l. is an Italian Electronic Design and Manufacturing Services (EDMS) provider founded in 1968, serving as H&T Group's European Competence Center. It designs and manufactures electronic controls, embedded systems, and PCBA assemblies for appliance, vending, industrial, smart energy, and sports equipment OEMs.

Ownership category

akta.pro rank

Product category

Electronic Manufacturing Services

NAICS

Other Measuring and Controlling Device Manufacturing (334519)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Product Lifecycle, NPI & Industrialization (Design-to-Operate) (BPAHAHAK)

akta.pro secondary industries

Instrumentation, Controls & Automation Engineering Consulting (BPAHAIAM), Design Services & ASIC/SoC Implementation (EDA-Adjacent) (HDAHAFAL)

Keywords

• Electronic manufacturing services
• Electronic design services
• PCB assembly
• Embedded systems development
• Electronic contract manufacturing

Headquarters

HQ city

Longarone

HQ country

Italy

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Electronic Manufacturing Services (EMS): Full-service electronic manufacturing including PCB assembly, testing, and conformal coating. Customers receive complete production, assembly, and testing of electronic boards as a turnkey manufacturing service.
2. Electronic Design and Engineering Services: Custom hardware and software development services including PCB design (Altium Designer), embedded systems, IoT device development, firmware development, and mechanical design. Services span from concept to prototyping and final validation.
3. ODM/EMS Partnership Model: Acts as both EMS (Electronic Manufacturing Services) and ODM (Original Design Manufacturer) for coffee machines and vending machines, providing complete product development and manufacturing capabilities.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

NPE provides advanced Electronic Design and Manufacturing Services (EDMS) as a full-service development partner for companies turning ideas into tech products. The company specializes in the design, development, and production of electronic and electromechanical controls, aesthetic elements, and software, covering hardware, software/firmware, and mechanical development. Its offering spans PCB assembly (SMT, PTH, Faston), testing (ICT, FCT, EMC pre-compliance, environmental), conformal coating, additive manufacturing, and integrated supply chain management for OEMs in coffee/vending, home appliances, industrial automation, smart energy, and sports equipment.

Product overview

NPE (New Procond Elettronica) provides advanced Electronic Design and Manufacturing Services (EDMS), serving as a full-service development partner for companies that turn ideas into tech products. The core offering consists of three integrated service pillars: Innovation & Design (hardware, software, and mechanical development), Manufacturing Services (production, assembly, and testing of electronic boards), and Supply Chain Services. NPE serves five key market verticals: Coffee & Vending Machines, Home & Professional Appliances, Industrial, Smart Energy, and Sport Systems. The company specializes in electronic and electromechanical controls, aesthetic elements, and software development for applications in household appliances, battery and energy management, HORECA appliances, industrial applications, and electric mobility.

Differentiator

Problem solved

Functional benefit

Products and services

• Innovation & Design Advanced electronic engineering and industrialization services covering hardware development (Altium Designer), software/firmware development, and mechanical development (Autodesk Inventor). Targeted at enterprise customers that need full-stack product development from concept through industrialization for high-value, cutting-edge electronic products.
• Manufacturing Services Complete and customized service for the production, assembly, and testing of electronic boards, including SMT assembly lines with SPI/AOI/X-ray inspection, PTH and Faston assembly with selective and wave soldering, automated conformal coating, ICT and functional testing, additive manufacturing (3D printing), and ticketing / preventive maintenance. Targeted at OEM manufacturers across multiple verticals.
• Supply Chain Services Integrated logistic strategy services including supply chain control, visibility management, and cooperation with suppliers and customers built on clarity, transparency, continuous learning, and improvement. Leverages H&T Group's global supply chain reach to deliver components and finished assemblies to OEM customers.
• Coffee & Vending Machines Solutions Complete, customized, and integrated electronic solutions for coffee and vending machines, including control units, human-machine interfaces, drive power converters, EMI solutions, connectivity solutions, and sensors. Targeted at OEM manufacturers of professional coffee and vending equipment (HORECA).
• Home & Professional Appliance Solutions Electronic control systems and user interfaces for home appliances (refrigeration, washing machines, dishwashers, dryers, ovens, cooktops, range hoods) and professional equipment requiring high performance, reliability, and energy-efficiency compliance. Targeted at appliance OEMs.
• Industrial Solutions Advanced electronic boards for industrial applications including motor control, inverters, process sensors (temperature, pressure, humidity, position), human-machine interfaces, robotics, intelligent actuators, industrial IoT systems, and control and monitoring of renewable energy plants. Targeted at industrial automation OEMs.
• Smart Energy Solutions Electronic boards and intelligent systems to optimize renewable resource use, enhance energy efficiency, and enable smart energy management across residential and industrial networks, including advanced meters, integrated platforms, connected devices, and AI integration for real-time adaptation to user habits and grid conditions. Targeted at smart-energy and utility OEMs.
• Sport System Solutions Cutting-edge electronic solutions for sports equipment including e-bikes, professional components, cardio and strength machines, wearable devices, and smart training equipment. Provides electronic boards and control systems ensuring precision, reliability, and IoT connectivity. Targeted at OEMs of sports, fitness, and e-mobility products.

Named customers3 records

Segments5 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

One partnership is on record.

• Bosch GroupflagshipStrategic or Co-development PartnerStrategic supplier awarded Bosch Global Supplier Award 2025 in Direct Purchasing category from over 35,000 global partners across 14 countries. Recognized for quality, reliability, innovation, and sustainability contributing to Bosch's competitiveness objectives.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Zollner Elektronik AG: Family-owned German full-service EMS provider with in-house design, PCBA, and testing capabilities across industrial, automotive, and appliance end markets. Closely comparable to NPE in service portfolio, vertical orientation, and European mid-market positioning.
• Cicor Technologies Ltd. Swiss-headquartered EMS group with strong European manufacturing footprint and a growing design services overlay. Operates in similar industrial, medical, and appliance end markets and competes head-to-head with NPE for European OEM mid-volume design-and-build programs.
• Scanfil plc: Finnish-listed EMS group specializing in industrial, automation, and appliance customer segments across Europe and Asia. Closest public-market comparable to NPE in terms of segment mix (industrial/appliance focus), European headquarters, and mid-tier scale.
• Kitron ASA: Norwegian EMS provider serving defense, energy, industrial, and offshore markets from European and US facilities. Comparable mid-cap EMS profile, defense-adjacent industrial exposure, and European-base cost structure to NPE.
• Lacroix Electronics: French EMS and design services provider targeting industrial, automotive, avionics, and home appliance OEMs across Europe. Directly comparable sub-scale full-service EDMS competitor with overlapping customer verticals.
• Bitron Industrie S.p.A. Italian-headquartered electronic systems and components manufacturer serving home appliance, automotive, and HVAC customers. Shares NPE's Italian industrial base, appliance-heavy vertical mix, and European mid-market service orientation.
• NOTE AB: Swedish EMS group with NPI/design services, manufacturing, and aftermarket support focused on industrial and medtech customers across Northern Europe. Closely comparable on the design-to-manufacture service overlay and European mid-cap scale.
• Inission AB: Nordic-based industrial EMS with full design and manufacturing capabilities across Sweden, Finland, and Estonia. Comparable on full-service EDMS positioning, European industrial customer base, and sub-500M EUR scale.
• BMK Group: German family-owned full-service EMS provider combining electronic development, PCBA production, and testing for industrial, automotive, and building technology customers. Direct Europe-based EDMS competitor with comparable vertical orientation.
• Hanza AB: Swedish-listed manufacturing solutions provider offering design, industrialization and EMS across Northern and Central European production sites. Comparable mid-market EDMS profile with European focus and design-to-manufacture service breadth.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInit.linkedin.com/company/npesrl

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

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 NPE