Elcon Megarad
Elcon Megarad is a privately-held Italian manufacturer of cable accessories (terminations, joints, heat-shrink and coldshrink products) for low, medium, and high-voltage power networks, supplying 134 utilities across 80 countries via direct B2B sales.
- Company typePrivate
- Founded1982
- HeadquartersMontefredane, Italy
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Elcon Megarad does
Elcon Megarad S.p.A. is an Italian privately-held manufacturer of electrical cable accessories, founded in 1981 and headquartered in Avellino with production facilities in Montefredane (Avellino) and Mignano Montelungo (Caserta). The company designs, produces, tests, and commercializes a unified portfolio of accessories for power cable transmission and distribution, organized across high-voltage, medium-voltage, and low-voltage categories, complemented by heat-shrink tubing and molded parts, sealing materials (mastics, tapes, resins), the Sealrad product line, and newly introduced Big Size and Overhead Line Cover products. Its underlying technology relies on proprietary polymer formulations and Coldshrink/heat-shrink manufacturing methods validated at international laboratories (CESI, KEMA, VEIKI, FGH, IPH, SATS, KDEP, LCOE) against IEC, CENELEC, and IEEE standards.
Elcon Megarad operates a B2B enterprise sales model, distributing through its Elcon Net direct commercial network to more than 134 utilities across 80 countries on five continents, with named anchor customers including ENEL, ENDESA, EDESUR, EDENOR, SONELGAZ, ANDE, and Ferrovie dello Stato. The company maintains customer-specific approved catalogs (ENEL 2026, Ferrovie dello Stato 2026) alongside a general catalog and a photovoltaic brochure, indicating formal vendor qualification processes typical of utility procurement. Revenue is generated through one-time equipment sales rather than recurring subscriptions, with no publicly disclosed pricing.
The firm is privately held with no disclosed institutional investors, no funding rounds, and no M&A activity in the available record. It holds ISO 14001 (environmental management), ISO 14067:2018 (carbon footprint of product), and an Italian Legislative Decree 231/2001 organizational model (approved October 2024). Strategic priorities visible in the data include geographic expansion in MENA and South America, vertical extension into renewable energy (photovoltaic and offshore wind applications), sustainability investments (photovoltaic panels at the Caserta plant, 2022-2023), and ecosystem positioning through its Europacable partnership established at Jicable 2023.
Elcon Megarad firmographics
Firmographics- Name
- Elcon Megarad
- Legal name
- Elcon Megarad S.p.A.
- Website
- https://elconmegarad.com
- Company type
- Private
- Founded year
- 1982
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Elcon Megarad is a privately-held Italian manufacturer of cable accessories (terminations, joints, heat-shrink and coldshrink products) for low, medium, and high-voltage power networks, supplying 134 utilities across 80 countries via direct B2B sales.
- Ownership category
- akta.pro rank
Elcon Megarad industry classification
Industry- Product category
- Electrical Cable Accessories
- NAICS
- Communication and Energy Wire and Cable Manufacturing (33592), Other Electrical Equipment and Component Manufacturing (3359), Current-Carrying Wiring Device Manufacturing (335931), Electrical Equipment Manufacturing (33531)
- SIC
- Electronic & Other Electrical Equipment (No Computer Equip) (3600), Switchgear & Switchboard Apparatus (3613), Electronic Connectors (3678)
- akta.pro primary industry
- Cable Accessories & Joints/Terminations (splices, joints, terminations, link boxes) (EUADADAC)
- akta.pro secondary industries
- Industrial Power Cable (MV/HV) (IMADAMAB), Utility & Underground Distribution Cable (URD/Substation) (IMADAMAG), Transmission & Distribution Line Equipment (Bushings, Insulators, Arresters, Conductors, Hardware) (IMAGAAAF)
Keywords
Where Elcon Megarad is headquartered
LocationHeadquarters
- HQ city
- Montefredane
- HQ country
- Italy
- HQ region
- Europe
Offices3 records
Markets served
Elcon Megarad business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Cable Accessories Manufacturing and Sales: Elcon Megarad designs, produces, tests, and commercializes accessories for electric cables and components for electrical networks worldwide. Products include high voltage accessories, low voltage accessories, medium voltage accessories, heat-shrink and molded parts, mastics/tapes/resins, and specialized solutions like Sealrad. Revenue is generated through direct B2B sales to utilities and infrastructure companies.
Distribution channels1 record
Marketing channels3 records
Elcon Megarad product offering
Product offeringCore offering
Elcon Megarad designs, manufactures, tests, and supplies accessories for electrical power cables used in transmission and distribution networks. Its portfolio spans high, medium, and low voltage cable accessories including heat-shrink and cold-shrink terminations and joints, heat-shrink tubing and molded parts, mastics/tapes/resins, and specialized sealing solutions such as Sealrad, sold to utilities and industrial customers globally.
Product overview
Elcon Megarad is a specialist manufacturer of electrical cable accessories serving utility and industrial customers globally. The product portfolio consists of a unified platform of cable accessories organized into three voltage categories (High Voltage, Medium Voltage, and Low Voltage) complemented by specialized product lines including heat-shrink tubing and molded parts (Guaine e parti stampate), sealing materials (Mastici, nastri e resine), Sealrad sealing solutions, and Big Size/Overhead Line Cover products. The company operates as a single integrated offering where products are tested and certified together, serving markets across 50+ utilities in 80 countries. Elcon Megarad also maintains specific catalogs for major utility customers including ENEL, Italian State Railways (Ferrovie dello Stato), and a general catalog, as well as a photovoltaic solutions brochure.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Products are tested in accordance with IEC, CENELEC, or IEEE standards at international laboratories (CESI, KEMA, VEIKI, FGH, IPH, SATS, KDEP, LCOE)
Companies that use Elcon Megarad
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles3 records
Elcon Megarad technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Elcon Megarad partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- EuropacablecoreElcon Megarad is a partner of Europacable for the power cable accessories area. At Jicable 2023 in Lyon, France (June 18-22, 2023), Elcon Megarad installed a coldshrink indoor termination at the Europacable stand. Europacable is a major European industry association for the power cable sector, and this partnership positions Elcon Megarad as a recognized player in the international cable accessories ecosystem.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Elcon Megarad competitors and assessment
Company assessmentBroad incumbents
- ABB Electrification: ABB's broad electrification portfolio includes cable accessories and jointing solutions that compete with Elcon Megarad in the MV/HV cable systems space supplied to utilities.
- Prysmian Group: Prysmian is the world's largest cable manufacturer with an accessories portfolio; a broader incumbent competing with Elcon Megarad across MV/HV accessories, particularly in European utility tenders.
- Hubbell: Hubbell's electrical solutions portfolio includes cable accessories and connectors used by utilities, overlapping with Elcon Megarad's offerings in T&D applications.
- Nexans: Nexans manufactures power and telecom cables plus a complementary accessories range; competes with Elcon Megarad on bundled cable + accessories solutions for utility and railway customers.
- Sumitomo Electric: Sumitomo Electric supplies power cable joints, terminations, and heat-shrink products globally and overlaps with Elcon Megarad's portfolio across MV/HV utility customers.
- nVent Electric (ERIFLEX / Trachte): nVent provides electrical connection and protection solutions, including products used in cable accessory applications — competing with Elcon Megarad's termination and joint portfolio for industrial and utility customers.
Emerging players
- GPH (Gould) / RichardsApex: Smaller specialist suppliers focused on resin and heat-shrink cable jointing solutions for T&D applications, overlapping with Elcon Megarad's resins and joint accessory lines.
Direct peers
- Pfisterer: Pfisterer is a specialist in cable accessories, including silicone-based terminations and joints for HV applications — a direct like-for-like competitor to Elcon Megarad's heat-shrink and cold-shrink portfolio.
- TE Connectivity (Raychem): TE Connectivity's Raychem-branded heat-shrink and cold-shrink cable accessories are a direct competitor to Elcon Megarad's core product platform across low, medium, and high-voltage terminations and joints.
- 3M Electrical Products: 3M supplies a broad range of electrical cable accessories, splices, and terminations to utilities and industrial customers worldwide — directly competing with Elcon Megarad's heat-shrink and resin-based offerings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Elcon Megarad social profiles
Digital presenceElcon Megarad compliance and trust
Trust signalCompliance4 records
Elcon Megarad financial estimates
Financial estimateRevenue estimate
Valuation estimate
Elcon Megarad leadership team
Management profileNumber of profiles
Profiles4 records
Elcon Megarad funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Elcon Megarad 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 Elcon Megarad
What does Elcon Megarad do?
Elcon Megarad designs, manufactures, tests, and supplies accessories for electrical power cables used in transmission and distribution networks. Its portfolio spans high, medium, and low voltage cable accessories including heat-shrink and cold-shrink terminations and joints, heat-shrink tubing and molded parts, mastics/tapes/resins, and specialized sealing solutions such as Sealrad, sold to utilities and industrial customers globally.
Is Elcon Megarad a public or private company?
Elcon Megarad is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Elcon Megarad founded?
Elcon Megarad was founded in 1982. It employs 51 to 100 people.
Where is Elcon Megarad based?
Elcon Megarad is headquartered in Montefredane, Italy, in the Europe region.
How does Elcon Megarad make money?
One revenue line is on record: cable Accessories Manufacturing and Sales.
Who are Elcon Megarad's main competitors?
Broad incumbents on record are ABB Electrification, Prysmian Group, Hubbell, Nexans, Sumitomo Electric and nVent Electric (ERIFLEX / Trachte). GPH (Gould) / RichardsApex is listed as an emerging player. Direct peers are Pfisterer, TE Connectivity (Raychem) and 3M Electrical Products.
Does Elcon Megarad have an API?
No public API is recorded for Elcon Megarad.
What industry is Elcon Megarad in?
Elcon Megarad's product category is Electrical Cable Accessories. Its primary akta.pro industry code is EUADADAC, Cable Accessories & Joints/Terminations (splices, joints, terminations, link boxes), with a secondary code of IMADAMAB, Industrial Power Cable (MV/HV). Its NAICS code is 33592 and its SIC code is 3600.