ICAP group

What ICAP group does

ICAP Group, legally Icapgroup Holding srl, is a privately held Italian industrial automation and robotics company headquartered in Latina, Italy, founded in 1975. It designs and manufactures custom automated production systems, robotic cells, and turnkey lines for the automotive glass industry (laminated, tempered, float cold-end, vitro-ceramic), wheel and tyre assembly (4 to 42 inch range across passenger, agricultural, and truck sectors), and adjacent verticals including pharmaceutical, food, and packaging. Core technology combines collaborative robotics (primarily ABB and KUKA), high-resolution vision systems for matching and quality control, patented mechanical innovations such as the automatic weight application machine, and 13 in-house CNC machining centers supporting a 5,000 m² assembly and test footprint. The company also publishes standalone products like the Inflator Agilis and Inflator Domus, and operates an in-house engineering team of 30+ delivering feasibility, design, and project execution.

The company runs two go-to-market sub-brands — ICAP Wheels and Tyres and ICAP STAR (Glass Robotic Industry) — alongside three internal divisions: Capex & Engineering, Automation & Robotics, and Service. Revenue is generated primarily through project-based custom automation sales (one-time contract revenue, often multi-year) supplemented by aftermarket services including spare parts, preventive and corrective maintenance, on-site and remote (VPN/AR) assistance, training, and equipment upgrades. Pricing is quote-based and project-specific. Sales are direct, enterprise-led, channeled via wholly-owned subsidiaries ICAP NA (Ohio, USA) and ICAP Tranding Co (Shanghai) for North American and Asian markets respectively, plus trade-show presence (e.g., Tire Technology Expo 2023).

ICAP's customer base comprises Tier-1 automotive glass manufacturers (AGC, Fuyao, Guardian, Saint-Gobain, AGP America, PGW, HTL) and wheel/tyre players (Bridgestone, Vredestein, Eurofit), with thousands of installations across five continents. It maintains ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications across ICAPLANTS and STAR, and is investing around 8% of turnover in R&D. Recent strategic activity includes a 2024 move into electric mobility via the Last Mile Mobility Hub at the former Valeo site in Ferentino (with Tecnobus and Next Modular Vehicles), signaling vertical diversification beyond the core glass and wheel/tyre automation franchises.

Name

ICAP group

Legal name

Icapgroup Holding srl

Website

https://icapgroup.it

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

251–500 employees

Short description

ICAP Group is an Italian industrial automation and robotics company, founded in 1975 and headquartered in Latina, that designs custom automated production systems and robotic cells for automotive glass manufacturers, wheel/tyre assembly, and adjacent industries, supported by in-house CNC manufacturing and an aftermarket service network across five continents.

Ownership category

akta.pro rank

Product category

Industrial Automation & Robotics Systems

NAICS

Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables (334513), Other General Purpose Machinery Manufacturing (3339)

SIC

Special Industry Machinery, Nec (3559), General Industrial Machinery & Equipment, Nec (3569), Measuring & Controlling Devices, Nec (3829)

akta.pro primary industry

Industrial Controllers & Control Systems (PLCs, PACs, CNC Controllers) (IMAHAHAH)

Keywords

• Industrial automation systems
• Robotic assembly solutions
• Wheel assembly machinery
• Automotive glass robotics
• Custom manufacturing equipment

Headquarters

HQ city

Latina

HQ country

Italy

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Custom Automation Systems Sales: Design, manufacturing, and sale of custom industrial automation and robotics systems tailored to specific customer requirements. Revenue generated through project-based contracts for automated production lines, robotic cells, and turnkey solutions.
2. Aftermarket Services and Spare Parts: Post-sale revenue from spare parts supply, preventive and corrective maintenance, remote assistance, training, and upgrading services for installed systems worldwide.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

ICAP Group designs, manufactures, and installs custom industrial automation and robotic systems for the wheel/tyre, automotive glass, and general manufacturing industries. Its offerings span the full project lifecycle from feasibility studies and engineering (Capex & Engineering) through automated production lines and robotic cells (Automation & Robotics) to comprehensive after-sales service including spare parts, preventive and corrective maintenance, remote assistance, training, and upgrades (Service).

Product overview

ICAP Group is an industrial automation company founded in 1975, operating as a holding with three main divisions: Capex & Engineering, Automation & Robotics, and Service. The company offers two distinct product sub-brands: ICAP Wheels and Tyres provides automated wheel assembly and tire fitting systems for automotive, agricultural, and truck sectors, managing the complete wheel assembly process from primary warehouses to shipment preparation with integrated quality control for wheels from 4 to 42 inches. ICAP STAR (Glass Robotic Industry) delivers turnkey customized systems for the automotive glass industry and flat glass sector, covering laminated glass, tempered glass, float cold end, and vitro-ceramic glass production. Key product lines include assembly, inflation, matching, balancing, and palletizing systems, with specific models like ICAP 14/12A (automotive), ICAP 16/24T (truck), ICAP 4/16T (agricultural), and ICAP 22.5/38T (heavy vehicles). The company also manufactures standalone products like the Inflator Agilis and Inflator Domus, and offers a Custom Line module for Tier1 Automotive-specific requirements, all supported by comprehensive after-sales services.

Differentiator

Problem solved

Functional benefit

Brands

• Wheels and Tyres: Complete wheel assembly process management, from primary warehouses to shipment preparation, including assembly, matching, inflating, balancing, and palletizing systems for car, agri/garden, and truck sectors.
• STAR - Glass Robotic Industry
• Capex & Engineering
• Automation & Robotics
• Service

Products and services

• ICAP Wheels and Tyres Sub-brand and product division delivering automated wheel assembly and tire fitting systems for the automotive industry, managing the complete wheel assembly process from primary warehouses to shipment preparation, with integrated quality control and variant management for wheels from 4 to 42 inches. Targets Tier-1 automotive suppliers and tire manufacturers in Car, Agri & Garden, and Truck sectors.
• ICAP STAR (Glass Robotic Industry) Sub-brand and product division delivering turnkey customized systems for the automotive glass industry and flat glass sector, providing solutions for laminated glass process, tempered glass process, float cold end, micro-float palletizing, and vitro-ceramic glass production. Backed by over 40 years of glass-industry experience.
• ICAP Assembly Systems Automatic tire mounting and assembly stations for wheels, featuring modular design that adapts to customer needs with configurable cycle times and product family processing across Car, Agri & Garden, and Truck sectors.
• ICAP Inflation Systems Automatic tire inflation stations with configurable pressure settings (1.5 to 9 bar depending on sector), featuring automatic diameter size adjustment and product family or mixed-mode operation for wheel assembly lines.
• ICAP Matching Systems High-resolution vision-based wheel alignment systems for high-performance applications, ensuring accuracy to meet demanding standards with short cycle times for seamless integration in automatic assembly lines.
• ICAP Balancing Systems Automatic wheel balancing cells with patented automatic weight application technology, configurable cycle times, and residual manual operations tailored to customer specifications.
• ICAP Palletizing Systems Automatic palletizing cells using anthropomorphic robots for customizable wheel stacking patterns on pallets or metal cages, featuring turntable loading/unloading without production stops.
• ICAP Custom Line Custom-designed systems, machines, or warehouses based on specific Tier-1 Automotive requirements, with full project coordination from feasibility study through final start-up, supported by over 30 engineers.
• Laminated Glass Process Solutions Complete automotive laminated glass production systems including printing lines, furnace loading/unloading, assembly room, autoclave recirculation, and finishing lines.
• Tempered Glass Process Solutions Automotive tempered glass production systems including printing lines and glass/paper palletizing for the glass manufacturing workflow.
• Float Cold End Solutions Flat glass cold handling and packaging systems for float glass production, enabling smooth and optimized production workflow operations.
• ICAP After-Sales Services Comprehensive post-sale support including spare parts supply, corrective and preventive maintenance, on-site support, remote assistance via VPN/AR, training, and equipment upgrading services for installed ICAP systems worldwide.
• Inflator Agilis Standalone tire inflation system for 16-23 inch wheels featuring wheel centering, auto-configuration, bead displacement, precision inflation, and multi-format interchangeable tooling for entire tire families.
• Inflator Domus Compact standalone tire inflation system for 4-10 inch wheels with three interchangeable rings managing the entire tire family and wheel centering capability.
• ICAP 14/12A Wheel Assembly System High-performance automotive (car) wheel assembly system with 12-second cycle time, 14-22 inch range, featuring robot handling, rim centering, soaping, and TPMS protection options.
• ICAP 16/24T Wheel Assembly System Medium-sized industrial vehicle wheel assembly system for high-speed trailer wheels, enabling automatic assembly and inflating with ergonomic and safety compliance for heavy manual-handling challenges.
• ICAP 4/16T Wheel Assembly System Agricultural and light vehicle tire assembly system for small-size tires (4-16 inches), guaranteeing assembly and inflating of slightly wrinkled tires with high productivity and product range flexibility.
• ICAP 22.5/38T Wheel Assembly System Heavy industrial vehicle wheel assembly system for large/heavy wheels unsuitable for manual processing, ensuring automatic assembly and inflating with ergonomic and safety compliance.

Quantifiable outcome

• 8% of annual turnover invested in R&D
• +2 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Next Modular VehiclescoreStrategic or Co-development Partner · 27 June 2024Industrial partnership for Tecnobus Last Mile Mobility Hub project. Next Modular Vehicles is collaborating with ICAP Group on redevelopment of former Valeo site in Ferentino for electric vehicle production.
• ValeominorOthers · 27 June 2024Valeo Italy, led by CEO Maurizio Martinelli, participated in the presentation of the Last Mile Mobility Hub project at the former Valeo plant in Ferentino.
• ABBcoreTechnology or IntegrationABB Value Provider Partner providing robotics and automation technology integration. ICAP Group serves as official value provider for ABB robotics in industrial automation applications.
• KUKAcoreTechnology or IntegrationOfficial System Partner for KUKA robotics solutions. Partnership enables integration of KUKA robots in ICAP's custom automation systems for glass and wheel manufacturing.
• ITS Meccatronico del Lazio FoundationminorStrategic or Co-development PartnerICAP Group is a Founding Member supporting vocational training in mechatronics. Partnership develops skills related to professional needs expressed by businesses to increase territorial competitiveness and promote youth employment.
• GIMAVminorStrategic or Co-development PartnerPartnership with GIMAV (Italian glass processing machinery association) supporting the glass industry ecosystem.
• Sapienza University of RomeminorStrategic or Co-development PartnerAcademic partnership for research collaboration and talent development in automation technologies.
• University of Cassino and Southern Lazio (Unicas)minorStrategic or Co-development PartnerAcademic partnership for research collaboration and talent development in industrial automation.

Scale indicators6 records

Recent moves5 records

Expansion highlights6 records

Broad incumbents

• Biesse Group: Italian manufacturer of machinery and integrated lines for processing wood, glass, stone, plastic, and metal, including glass cutting/edging lines. Comparable as an Italian-headquartered custom industrial machinery specialist serving glass and adjacent process industries.
• ABB Robotics: Swiss-Swedish global leader in industrial robotics and automation, and ICAP's other stated strategic technology partner (ABB Value Provider). Comparable as the upstream robotics/controls OEM whose platforms ICAP integrates into glass and wheel assembly cells.
• KUKA AG: German robotics and automation OEM and a stated strategic technology partner of ICAP (Official System Partner). Compares as a global broad-line player in industrial robotics, controllers, and automated production systems; supplies platforms that ICAP integrates.
• Dürr AG: German systems integrator and automation specialist serving automotive (paint, final assembly), industrial, and environmental sectors. Comparable in turnkey custom automation and lifecycle service model, including assembly systems for automotive end customers.
• Bystronic: Swiss-based global provider of industrial automation solutions for sheet metal processing and beyond, with a growing portfolio of automated production lines. Comparable as a Tier-1 European custom automation systems integrator serving industrial manufacturers.

Direct peers

• Bottero: Italian manufacturer of machinery and integrated lines for the flat and automotive glass industry, including laminated, tempered, and float glass processing. Directly comparable to ICAP STAR on glass robotics, especially for laminated and tempered process lines serving the same OEMs (AGC, Saint-Gobain, Guardian, Fuyao).
• Comau: Italian-headquartered industrial automation and robotics systems integrator specializing in automotive manufacturing solutions, including body assembly, powertrain, and EV battery assembly. Directly comparable as a custom automation/robotics integrator serving Tier-1 automotive customers with turnkey lines.
• LISEC Group: Austrian-headquartered global leader in automated flat glass processing lines, including cutting, sorting, stacking, and insulated glass assembly. Comparable as a direct competitor in turnkey automated lines for flat and specialty glass producers, with similar lifecycle service revenues.
• Hegla GmbH: German specialist in flat glass processing machinery, handling, sorting, and packaging systems for the flat glass value chain. Directly comparable as a custom automation specialist for flat/float glass cold-end handling and packaging, overlapping with ICAP STAR's float cold end line.
• GIMAV members / Bavelloni: Bavelloni is an Italian manufacturer of glass processing machinery (cutting, edging, drilling, handling), part of the GIMAV ecosystem with which ICAP partners. Directly comparable as a domestic Italian glass-machinery specialist serving glass manufacturers with custom automation solutions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 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 ICAP group