PRM Newage
PRM Newage Limited is a UK-based precision engineering company manufacturing mechanical driveline equipment — NEWAGE brand axles for airport ground support, off-highway, and electric vehicles, plus PRM marine gearboxes — sold globally through regional distributors to OEM customers in aviation, construction, and marine sectors.
- Company typePrivate
- Founded1966
- HeadquartersCoventry, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What PRM Newage does
PRM Newage Limited is a UK-based precision engineering company specializing in the design and manufacture of high-efficiency mechanical driveline equipment, operating from a purpose-built factory on Barlow Road in Coventry, England. The company runs two product brands: NEWAGE, which produces a portfolio of planetary-geared rigid drive axles, dead steer axles, off-highway axles (215–915 series), electric axles (90RF, 116RF, 311PB), traction gearboxes, and transfer units; and PRM, which produces a marine gearbox range spanning lightweight mechanical units (PRM60–125) for pleasure craft through heavy-duty hydraulic transmissions (PRM150–1750) for workboats, fishing vessels, and commercial marine applications, with accessories including live and clutched power take-off units. Underlying technology centers on precision-engineered planetary gearing, twin countershaft gearbox architecture with oil-operated multi-disc clutches, and double-reduction gear trains, all validated through in-house dynamometer testing and an on-site applications testing facility under a BS EN ISO 9001 quality system.
The firm serves three end-use segments — airport ground support equipment (belt loaders, baggage tractors, freight tow tractors), off-highway vehicles (construction, mining, agriculture), and marine propulsion — and claims to be the world's leading manufacturer of GSE vehicle drive and steer axles, with more than 30,000 axles deployed in the field. PRM Newage does not sell direct to end customers; instead it distributes exclusively through a worldwide network of regional channel partners handling sales, spares, and aftermarket servicing across Africa, Asia, Australasia, Europe, the Middle East, North and South America, and the UK & Ireland. Revenue is generated through custom-quoted, project-based hardware sales with multi-year contract cadence and pricing tied to configuration, ratio, and mounting options rather than published list pricing.
The company traces its lineage to the 1903 Riley Engine Company in Coventry and has changed corporate form multiple times — PR Motors (1938), Newage Engineers (1966), Newage Transmissions PLC (1986 MBO), CommaTECH acquisition (2006), corporate buyout and rebranding as PRM Marine (2008), and the 2014 renaming to PRM Newage that unified the two brand identities. It is privately held with no disclosed external funding, no parent company, and no public listing, operating with a headcount of 11–50 employees.
PRM Newage firmographics
Firmographics- Name
- PRM Newage
- Legal name
- PRM Newage Limited
- Website
- https://prm-newage.com
- Company type
- Private
- Founded year
- 1966
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- PRM Newage Limited is a UK-based precision engineering company manufacturing mechanical driveline equipment — NEWAGE brand axles for airport ground support, off-highway, and electric vehicles, plus PRM marine gearboxes — sold globally through regional distributors to OEM customers in aviation, construction, and marine sectors.
- Ownership category
- akta.pro rank
PRM Newage industry classification
Industry- Product category
- Mechanical Driveline Equipment
- NAICS
- Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing (333612), Motor Vehicle Transmission and Power Train Parts Manufacturing (33635)
- SIC
- Special Industry Machinery, Nec (3559)
- akta.pro primary industry
- Propulsion Drives, Gearboxes & Shaftlines (IMAJAHAD)
- akta.pro secondary industries
- Axle, Differential & Final Drive Manufacturing (Front/Rear/E-axle housings) (IMACAHAG), Driveline & Propeller Shaft Manufacturing (Driveshafts/U-joints/CV joints) (IMACAHAF)
Keywords
Where PRM Newage is headquartered
LocationHeadquarters
- HQ city
- Coventry
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
PRM Newage business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales
Revenue model
- Driveline Equipment Sales: PRM Newage generates revenue through the design, manufacture, and sale of mechanical driveline equipment including NEWAGE brand axles (ground support, off-highway, electric) and PRM marine gearboxes. Products are sold through a worldwide distributor network and directly to customers requiring precision-engineered transmission solutions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom quote-based pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
PRM Newage product offering
Product offeringCore offering
PRM Newage designs and manufactures high-efficiency mechanical driveline equipment under two brands: NEWAGE axles (ground support equipment drive and steer axles, off-highway rigid drive axles, electric drive axles) and PRM marine gearboxes (mechanical and hydraulic transmissions for pleasure craft, workboats, and fishing vessels). All products are precision-engineered with planetary gearing or twin countershaft designs, configurable with multiple ratios, brake configurations, and mounting options, and validated through in-house dynamometer and applications testing.
Product overview
PRM Newage Ltd is a specialist precision engineering company manufacturing high-efficiency mechanical driveline equipment. The company operates two main product brands: NEWAGE (ground support equipment axles, off-highway axles, electric axles, and traction gearboxes) and PRM (marine gearboxes). NEWAGE products include drive and steer axles for airport belt loaders, baggage tractors, and freight handling equipment (512, 515, 612, 613, 216, 216S, 512S, 512DS axle series); electric drive axles (90RF, 116RF, 311PB); off-highway axles (215, 415, 615, 915 series); and traction gearboxes (40M, 85M) with transfer units. PRM marine products comprise mechanical gearboxes (PRM60, 90, 125) and hydraulic gearboxes (PRM150, 260C, 280, 500, 750, 750C, 1000, 1500, 1750) with accessories including Live PTO and Clutched PTO options. The company claims to be the world's leading Ground Support Equipment vehicle drive and steer axle manufacturer with over 30,000 axles in service.
Differentiator
Problem solved
Functional benefit
Brands
- NEWAGE: Brand of drive and steer axles for ground support equipment including baggage tractors, belt loaders, and freight tow tractors, as well as off-highway vehicle driveline solutions including rigid drive axles, transfer boxes, and multi-speed manual shift gearboxes.
- PRM
Products and services
- NEWAGE Ground Support Axles NEWAGE drive and steer axles for airport ground support vehicles including belt loaders, baggage tractors, freight tow tractors, and maintenance lifts. The range includes 512, 515, 612, 613, 216 drive axles and 216S, 512S, 512DS dead steer axles with planetary gearing, multiple ratio options, configurable mountings, and standard wheel rim compatibility.
- NEWAGE Electric Axles Double reduction rigid drive axles designed to take drive from electric motors, with hydrostatic input options and four pinion differential. Range includes 90RF (800 kg), 116RF (1,600 kg), and 311PB (2,800 kg load ratings) for electric and hybrid commercial vehicles.
- NEWAGE Off-Highway Axles Rigid off-highway drive axles for construction, agricultural, mining, and material handling vehicles. Range covers 215 Series (1,820-3,200 kg), 415 Series (5,200 kg), 615 Series (7,400 kg), and 915 Series (up to 10 tonnes) with oil-immersed multi-plate disc brakes and multiple brake configuration options.
- NEWAGE Traction Gearboxes Constant mesh gearboxes for heavy-duty off-highway operation supporting prolonged operation in intermediate and reverse gears. Available in 3 forward/1 reverse or 4 forward/4 reverse configurations, including 40M (81.4 Nm torque) and 85M (122 Nm torque) models.
- NEWAGE Transfer Units Free-standing transfer gearboxes for four-wheel drive off-highway vehicles. Range includes G2000, G2000H, T2500S and T2500D units with coupling or hydraulic motor input configurations.
- PRM Mechanical Marine Gearboxes Lightweight mechanical marine gearboxes with mechanically operated cone clutches for pleasure craft. Range includes PRM60 (ratios 1.52:1 to 2.50:1), PRM90 (2.04:1 and 2.50:1), and PRM125 (2.04:1, 2.47:1, 3.06:1).
- PRM Hydraulic Marine Gearboxes Hydraulic marine gearboxes with twin countershaft design and oil-operated multi-disc clutches for full rated power transmission in ahead or astern directions. Range includes PRM150, 260C, 280, 500, 750, 750C, 1000, 1500 (520 hp), and 1750 (620 hp), with manual mechanical lock for emergency get-you-home capability. Ratios span 1.09:1 to 4.00:1 across the family.
- Live PTO Power Take-Off Direct drive power take-off unit for PRM500 and PRM750 marine gearboxes to drive hydraulic pumps to SAE J744C series B specification.
- Clutched PTO Power Take-Off Clutched power take-off for PRM1000 gearbox with multi-disc clutch design for remote control operation of hydraulic pumps on commercial marine vessels.
Quantifiable outcome
- Over 30,000 axles deployed in ground support equipment applications worldwide
Companies that use PRM Newage
Customer profileSegments3 records
Ideal customer profiles3 records
PRM Newage technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
PRM Newage partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered regional.
- Ramco For Engineering And Marine Supply (Egypt)regionalDistributor for PRM marine gearboxes and NEWAGE products in Egypt. Located at 148 Semouha Garden City, Alexandria. Contact: [email protected]
- Power Torque (Pty) Ltd (South Africa)regionalDistributor for PRM marine gearboxes and NEWAGE products in South Africa. Located in Wynberg, Sandton. Website: powertorque.co.za
- Vinayak Ventures (India)regionalDistributor in Chennai, India for PRM marine and NEWAGE products.
- Lourenco Marine (India)regionalDistributor in Goa, India at Verna Industrial Estate. Website: Lourencomarine.com
- Marunda Utama Engineering Pte. Ltd. (Singapore)regionalDistributor for Indonesia and Singapore region. Located at 17 Kaki Bukit Industrial Terrace, Singapore 416098. Website: marunda.sg
- Marketech Maldives Pvt. Ltd. (Maldives)regionalDistributor for Maldives. Located at M. Iramaa, 1st Floor, Fareedhee Magu, Male. Website: marketechmaldives.com
- Moon Engines Ltd (New Zealand/Australia)regionalDistributor for Australia and New Zealand. Located at 606 Rosebank Rd, Avondale, Auckland, New Zealand. Website: prmmarinetransmissionsaustralia.com
- Marine Transmissions AustraliaregionalDistributor for Australia. Located at 6 Baldry Street, Brighton, Brisbane, Queensland 4017. Website: marinetransmissions.com.au
- Dintra Transmissies VOF (Netherlands/Belgium/Luxembourg/Germany)regionalDistributor for Belgium, Luxembourg, Germany, and Netherlands. Located at Keizerswoert 30, 3881 Le Putten, Netherlands. Website: dintra.nl
- Sage Parts Plus, Inc. (USA/Canada)regionalNEWAGE Ground Support Equipment distributor for USA and Canada. Located at 30 Hub Drive, Melville, NY 11747. Toll Free: 877-SAGE-877. Website: sageparts.com
- Textron GSE Inc (USA)regionalNEWAGE Ground Support Equipment distributor for USA. Located at 41 Busch Drive NE, Cartersville, GA 30121. Tel: 800-989-8499. Website: tugtech.com
- Atlantis Marine Gear Supply Inc. (USA)regionalPRM Marine distributor for USA. Located at 418 Boston St., Topsfield, Massachusetts 01983. Website: marinetransmissions.com
- Frontier Power Products Ltd (Canada)regionalMarine & Off-Highway distributor for Canada. Located at 7983 Progress Way, Delta, BC V4G1A3. Toll Free: 1-877-946-5531. Website: frontierpower.com
Scale indicators5 records
Recent moves9 records
Expansion highlights4 records
PRM Newage competitors and assessment
Company assessmentBroad incumbents
- Dana Incorporated: Tier-1 supplier of driveline, sealing, and thermal management technologies for vehicle and off-highway markets. Competes with NEWAGE in axles and driveline, though with a much broader product portfolio and global scale.
- Allison Transmission: US-listed manufacturer of commercial-duty automatic transmissions for on-highway, off-highway, and defense vehicles. Competes with NEWAGE traction gearboxes in heavy-duty applications at significantly larger scale.
- ZF Friedrichshafen: Global tier-1 supplier of driveline and chassis technology with marine, commercial vehicle, and off-highway product lines including ZF Marine. Much larger broad-line incumbent across most of PRM Newage's end markets.
- BorgWarner: Global tier-1 supplier of powertrain and driveline solutions with products spanning ICE, hybrid, and electric vehicle systems. Broader incumbent competitor across multiple of PRM Newage's end markets with significantly larger scale.
- Meritor: Manufacturer of axles, driveline components, and brake systems for commercial vehicles and off-highway markets (now part of Cummins). Competes with NEWAGE in axle products for commercial and industrial applications at much larger scale.
Direct peers
- Twin Disc: US-listed manufacturer of marine transmissions, industrial clutches, and power transmission equipment. Direct competitor to PRM's marine gearbox line and overlapping driveline components in marine and industrial applications.
- Funk: Manufacturer of marine gearboxes and power take-off units (now part of Webasto group). Direct competitor to PRM marine gearboxes across pleasure craft, workboat, and commercial marine applications.
- Carraro: Italian manufacturer of axles, transmissions, and driveline systems for off-highway, agricultural, and construction vehicles. Closest direct competitor to NEWAGE off-highway axle and traction gearbox products.
- Kanzaki (Yamabiko Corporation): Japanese manufacturer of marine transmissions, hydraulic pumps, and outdoor power equipment transaxles. Direct competitor to PRM marine gearboxes and adjacent to NEWAGE electric axle portfolio in functionality and end-market applications.
- Tuff Torq: Specialist in hydrostatic transaxles and integrated drive systems for outdoor power equipment and small electric vehicles. Directly comparable to NEWAGE electric axle line (90RF, 116RF, 311PB) in functionality and end applications.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
PRM Newage social profiles
Digital presencePRM Newage compliance and trust
Trust signalCompliance1 record
PRM Newage financial estimates
Financial estimateRevenue estimate
Valuation estimate
PRM Newage leadership team
Management profileNumber of profiles
PRM Newage funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PRM Newage 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 PRM Newage
What does PRM Newage do?
PRM Newage designs and manufactures high-efficiency mechanical driveline equipment under two brands: NEWAGE axles (ground support equipment drive and steer axles, off-highway rigid drive axles, electric drive axles) and PRM marine gearboxes (mechanical and hydraulic transmissions for pleasure craft, workboats, and fishing vessels). All products are precision-engineered with planetary gearing or twin countershaft designs, configurable with multiple ratios, brake configurations, and mounting options, and validated through in-house dynamometer and applications testing.
Is PRM Newage a public or private company?
PRM Newage is a private company. It is classified as unknown and is currently operating.
When was PRM Newage founded?
PRM Newage was founded in 1966. It employs 11 to 50 people.
Where is PRM Newage based?
PRM Newage is headquartered in Coventry, United Kingdom, in the Europe region.
How does PRM Newage make money?
One revenue line is on record: driveline Equipment Sales.
Who are PRM Newage's main competitors?
Broad incumbents on record are Dana Incorporated, Allison Transmission, ZF Friedrichshafen, BorgWarner and Meritor. Direct peers are Twin Disc, Funk, Carraro, Kanzaki (Yamabiko Corporation) and Tuff Torq.
Does PRM Newage have an API?
No public API is recorded for PRM Newage.
What industry is PRM Newage in?
PRM Newage's product category is Mechanical Driveline Equipment. Its primary akta.pro industry code is IMAJAHAD, Propulsion Drives, Gearboxes & Shaftlines, with a secondary code of IMACAHAG, Axle, Differential & Final Drive Manufacturing (Front/Rear/E-axle housings). Its NAICS code is 333612 and its SIC code is 3559.