What Indemat does

Indemat S.L. is a privately-held Spanish specialty manufacturer of glass fiber reinforced polyester (PRFV/GRP) composite components, founded in 2010 and headquartered in Villavaquerín, Valladolid. The company runs a project-based, sales-led model that takes industrial customers from initial design through prototyping, mould fabrication, and series production, supported by an in-house ISO/ASTM-certified materials laboratory. Core technology rests on a proprietary Flex-Molding process delivering approximately 70% fiber content and zero shrinkage, multi-process moulding capability (contact, infusion, RTM, RTM Light, flex), and two Omax 5-axis waterjet cutting machines with ±0.076mm tolerance over a 6,200x3,000mm bed and up to 300mm thickness.

The product portfolio spans custom industrial components (piezas), GRP flanges manufactured to DIN EN 1092 PN10 and ASME/ANSI 150 lb standards, GRP plates with isophthalic (up to 76°C) or vinylester (up to 111°C) resin systems, and waterjet cutting services. Pricing is quote-based with no published rate cards. Revenue is generated across three streams: custom manufacturing services, waterjet cutting services (using either customer-supplied or Indemat-owned material), and GRP product sales. Customer concentration is anchored in industrial manufacturing and water treatment, with environmental equipment as an adjacent vertical; the only named customer is Aguambiente (a NUMASTA consortium partner).

The company is unlisted, holds ISO 9001:2015 certification, the Pyme Innovadora (Innovative SME) seal, and a Carbon Footprint Calculation seal, and was an ACE Awards 2014 finalist. Its only disclosed capital event is a €458,844.83 FEDER grant under the RETOS COLABORACIÓN 2016 program. In 2024, Indemat expanded its Villavaquerín facilities and added a new Omax 5-axis waterjet cutting machine, both partially financed by FEDER funds. No management team, headcount, or revenue figures are publicly disclosed.

Name

Indemat

Legal name

Indemat S.L.

Website

https://indemat.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Indemat S.L. is a Spanish specialty manufacturer of glass fiber reinforced polyester (GRP/PRFV) composite components and precision 5-axis waterjet cutting services, serving industrial customers in water treatment, environmental equipment, and general industrial sectors through project-based custom manufacturing.

Ownership category

akta.pro rank

Product category

Composite Materials Manufacturing

NAICS

Laminated Plastics Plate, Sheet (except Packaging), and Shape Manufacturing (326130), Plastics Product Manufacturing (3261)

SIC

Plastics Products, Nec (3089)

akta.pro primary industry

FRP/GRP & Composite Materials (Resins, Fibers, Core Materials) (IMAJAKAC)

Keywords

• Composite materials manufacturing
• Fiberglass reinforced polyester
• Waterjet cutting services
• Custom mold fabrication
• Precision industrial components

Headquarters

HQ city

Valladolid

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Custom Manufacturing Services: Indemat generates revenue through custom manufacturing of composite components, including design services, mold creation, prototyping, and full-scale production. Services cover the complete project lifecycle from initial design through final delivery with quality guarantees.
2. Waterjet Cutting Services: Waterjet cutting services offered to customers, either using customer-supplied materials or Indemat's own materials. Precision cutting capabilities for various materials including wood, metal, composite, glass, and foams.
3. GRP Products: Sale of glass fiber reinforced polyester (GRP/PRFV) products including components, flanges (standard, loose, and blind), and plates. Products manufactured in various configurations with different resin types (isophthalic, vinylester, fire-resistant).

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Indemat designs, prototypes, and manufactures custom composite components in glass fiber reinforced polyester (PRFV/GRP) for industrial customers, executing the complete project lifecycle from initial design through mold fabrication, 5-axis waterjet cutting, and series production. The company also offers precision waterjet cutting as a standalone service using customer-supplied or its own materials.

Product overview

Indemat offers a comprehensive portfolio of composite material solutions centered on fiberglass reinforced plastic (GRP/PRFV) products and precision waterjet cutting services. The core offerings include custom Components manufacturing for industrial applications, GRP Flanges manufactured to DIN and ASME standards, GRP Plates using proprietary Flex-Molding technology achieving 70% fiber content, and Waterjet Cutting services with 5-axis capability. The company provides full project lifecycle support from design and prototyping through mold fabrication and production, serving diverse industrial sectors with particular expertise in water treatment equipment and corrosion-resistant applications.

Differentiator

Problem solved

Functional benefit

Products and services

• Components (Piezas)

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• AguambientecoreStrategic or Co-development Partner · 1 January 2016Collaborative partnership in NUMASTA project focused on developing new materials for water treatment equipment. The project aims to improve mechanical and thermal performance of water treatment equipment while creating more environmentally friendly solutions through greater durability, reduced weight, and incorporation of production waste materials.
• Centro Tecnológico CARTIFcoreStrategic or Co-development Partner · 1 January 2016Research technology center partner in NUMASTA project providing R&D expertise for development of advanced composite materials for water treatment applications.
• Universidad de ValladolidcoreStrategic or Co-development Partner · 1 January 2016Academic partner in NUMASTA project contributing research capabilities and expertise for water treatment materials development.
• EFCL (Escuela de Formación)minorOthersMember of EFCL, an educational/training institution, indicating commitment to workforce development and training.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Enduro Composites: Manufacturer of fiberglass reinforced plastic (FRP) products including grating, structural shapes, and custom composite solutions for industrial applications. Comparable in producing GRP components for water/wastewater and industrial customers.
• Bedford Reinforced Plastics: Manufacturer of FRP grating, structural shapes, and custom fiberglass-reinforced products for industrial applications. Comparable as a GRP/FRP products manufacturer serving water treatment, chemical, and industrial markets similar to Indemat's focus.
• Creative Pultrusions: US-based pultruder and custom FRP manufacturer producing fiberglass structural profiles, grating, and custom composite components for industrial infrastructure. Comparable in offering custom and standardized GRP products to industrial customers.
• AOC: Global supplier of unsaturated polyester and vinylester resins used in FRP composite manufacturing. Comparable as a composites materials provider serving industrial customers producing GRP products for water treatment and corrosion-resistant applications.
• Fibergrate Composite Structures: Manufacturer of molded and pultruded fiberglass reinforced plastic (FRP) products including grating, stairways, and structural components. Comparable as a specialty GRP/FRP products manufacturer serving industrial and water treatment markets.
• Strongwell: US-based manufacturer of FRP/GRP structural products, pultruded shapes, and custom composite fabrications for industrial markets. Directly comparable as a specialty composites manufacturer serving industrial customers with custom and standardized products.

Broad incumbents

• Gurit: Switzerland-based composites materials company supplying resin systems, core materials, and engineered composite solutions to wind energy, transportation, and industrial markets. Comparable as a larger, established composites manufacturer with broader portfolio than Indemat's specialized offering.
• Polynt: Global manufacturer of specialty resins, composites, and intermediates serving industrial, construction, and transportation markets. Comparable as a broader incumbent supplying materials and intermediates into the composites industry where Indemat operates.
• Scott Bader: UK-based manufacturer of specialty resins, gelcoats, and composite materials serving marine, construction, and industrial markets. Comparable as a broader incumbent in composites materials manufacturing with industrial customer base overlap.

Regional players

• Fiberdur: Germany-based manufacturer of GRP/FRP pipes, tanks, and profiles for industrial applications. Comparable in European regional focus on glass fiber reinforced plastic products for water treatment and chemical resistance applications, similar to Indemat's core segments.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/IndematSL
• LinkedInlinkedin.com/company/indemat
• Instagraminstagram.com/indematsl/?hl=es

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

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 Indemat