NICOLAS CORREA

Name

NICOLAS CORREA

Legal name

Nicolás Correa S.A.

Website

https://nicolascorrea.com

Company type

Private

Founded year

1947

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Industrial Milling Machines

NAICS

Machine Tool Manufacturing (333517)

SIC

Machine Tools, Metal Cutting Types (3541)

akta.pro primary industry

CNC Machine Tools (Turning, Milling, Machining Centers) (IMAHADAA)

akta.pro secondary industry

Metrology, Inspection & Machine Tool Accessories (CMMs, Probing, Gauging) (IMAHADAK)

Keywords

• Industrial milling machines
• CNC milling machines
• Large-scale machining
• Milling heads
• Precision machining

Headquarters

HQ city

Burgos

HQ country

Spain

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Milling Machine Sales: Design, manufacture and sale of industrial CNC milling machines including traveling column, bridge-type, gantry, and bed-type machines. One-time capital equipment sales with custom configuration based on customer requirements.
2. Milling Heads and Accessories: Sale of proprietary milling heads (UAD, indexing heads, universal heads) and accessories including automatic head-changers, tool magazines, probes, and rotary tables.
3. After-sales Service and Spare Parts: Technical support, maintenance, spare parts supply, and applications engineering services. Regional service centers in Germany and global dealer network provide support.
4. Applications Engineering: Custom machine configuration, machining tests, time studies, and turnkey project execution for optimal customer solutions.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Nicolás Correa designs, manufactures and sells industrial CNC milling machines including travelling column, bridge-type, gantry, bed-type and multitasking configurations, along with proprietary universal/orthogonal indexing milling heads. The company delivers custom-configured large-scale precision machining solutions and complementary after-sales service, spare parts, and applications engineering for industrial customers worldwide.

Product overview

Nicolás Correa is an industrial milling machine manufacturer offering a comprehensive portfolio of CNC milling machines and accessories. The product lineup includes travelling column machines (AXIA, FENIX, MAGNA), gantry machines (FOX, ORIX, XPIDER, HEXA), bridge-type machines (VERXA), and bed-type machines (NORMA, XPERTA). The company also produces specialized multitasking machines combining milling and turning operations. Their milling heads (UAD, UDX, E5E) feature patented indexing technology. Nicolás Correa differentiates through robust mechanical design, eco-design features including energy-saving standby functions, and the Delfos 4.0 cloud monitoring system. The company serves sectors including aerospace, automotive, railway, wind energy, defense, and general machining.

Differentiator

Problem solved

Functional benefit

Products and services

• AXIA Milling Machine Travelling column milling machine featuring the pure box-in-box concept with innovative ram droop mechanical system and unique ram guiding system, offering 30-40 m/min feed rates and high geometrical precision.
• FOX Milling Machine Gantry milling machine designed for large parts machining with robust construction and high productivity capabilities.
• VERXA Milling Machine Bridge-type high-performance milling machine with mobile table, featuring thermo-symmetrical design for large parts while maintaining high dynamics and geometric precision.
• NORMA Milling Machine Bed type milling machine offering rigidity and accuracy for precision components manufacturing.
• NORMA MG Milling Machine Multitasking bed type milling machine combining milling and turning capabilities.
• NORMA L Milling Machine Travelling column milling machine with L-shaped ram guide system and three guideways on X axis for high precision and productivity.
• FENIX Milling Machine Travelling column milling machine with advanced design for high-performance machining operations, available in Duplex configurations with multiple working areas to maximize productivity.
• ORIX Milling Machine Top gantry milling machine designed for wind energy sector and large industrial applications.
• ORIX T Milling Machine Top gantry multitasking machine with integrated turning table for combined milling and turning operations.
• FOX T Milling Machine Bridge-type multitasking milling machine with integrated turning capabilities for complex machining.
• XPIDER Milling Machine High-speed gantry milling machine for flexible and productive machining operations.
• MAGNA Milling Machine Large-scale travelling column milling machine designed for wind energy sector applications.
• HEXA Milling Machine Large gantry milling machine for oversized part machining with extended work areas.
• XPERTA Milling Machine Bed type milling machine for precision machining applications.
• UAD Milling Head

Quantifiable outcome

• Manufacturing times reduced by 20% for Alstom bogie machining
• +3 more outcomes

Named customers6 records

Segments9 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature8 records

Partnerships

Six partnerships are on record, tiered core.

• Precision Engineering Technologies (PETECH)coreStrategic or Co-development Partner · 11 July 2024Strategic alliance to strengthen Nicolás Correa's commitment to offer advanced machining solutions in the Indian and Malaysian markets.
• DEIBAR (Portugal)coreChannel Partner/ Reseller/ DistributorOfficial distributor in Portugal, participating in EMAF exhibitions and handling sales and service in Portuguese market.
• Dormac CNC Solutions (Netherlands)coreChannel Partner/ Reseller/ DistributorOfficial distributor in the Netherlands, hosting Open House events and representing Correa at TechniShow.
• Overmach (Italy)coreChannel Partner/ Reseller/ DistributorOfficial distributor in Italy hosting Open House events.
• Delteco (Spain)coreChannel Partner/ Reseller/ DistributorSpanish distributor hosting Open House events.
• Mustek CNC Takim Tezgahlari (Turkey)coreChannel Partner/ Reseller/ DistributorOfficial dealer in Turkey participating in MAKTEK exhibitions.

Scale indicators11 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• Mazak: Major Japanese machine tool maker with broad CNC milling, turning and multi-tasking line-up including large-format 5-axis machines. Comparable end markets (aerospace, automotive, energy) and similar target on premium precision machining, though with a substantially larger product range and global footprint.
• DMG MORI: One of the world's largest machine tool manufacturers offering large-format CNC milling, turning and additive machines. Comparable to Nicolás Correa in serving aerospace, automotive and energy with high-end machining centres, though at far greater scale and with a broader portfolio.
• Okuma: Japanese machine tool manufacturer with a wide range of CNC lathes, machining centres and 5-axis mills, including large-format models used in aerospace and energy. Comparable in serving large-part industrial customers with premium CNC equipment.

Direct peers

• Grob-Werke: German family-owned builder of large machining systems and highly flexible production lines for automotive and aerospace. Comparable to Nicolás Correa in serving tier-1 industrial customers with custom large milling and turnkey systems.
• Soraluce: Spanish Basque-country manufacturer of large milling machines, boring machines and multitasking centres. Direct competitor to Nicolás Correa in European large-format milling for energy, rail and capital-goods customers, with similar engineering-heavy positioning.
• Makino Milling Machine: Japanese specialist in large horizontal machining centres and 5-axis milling for aerospace and die/mold. Closely comparable to Nicolás Correa in precision large-part machining niches, particularly for aerostructures and engine components.

Emerging players

• Doosan (DN Solutions): Korean machine tool builder with strong presence in large vertical and horizontal machining centres for automotive and heavy industry. Comparable in serving similar heavy-industry end markets and increasingly competing in 5-axis large-part machining.
• Tongtai Group: Taiwanese machine tool group expanding into large-format 5-axis milling and aerospace structural components. Comparable to Nicolás Correa in the emerging Asian large-milling segment with a focus on cost-competitive alternatives, especially relevant given Correa's India/China push.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/NicolasCorreaSA

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries5 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 NICOLAS CORREA