What Copreci does

Copreci (COPRECI, S. COOP.) is a Spanish worker cooperative and global supplier of components and sub-systems for the household appliance industry, headquartered in Aretxabaleta, Basque Country, and operating since 1963 as part of the MONDRAGON Corporation. The company designs and manufactures three core technology platforms: gas cooking components (over one billion units sold cumulatively), induction systems (11 generations developed over 30+ years, including 7G, 7G+, GF10, and 11G with flexi-zone and Flow-in capabilities), and brushless DC motor families (BMM, BLP3, BG9) for dishwashers, washing machines, and professional ovens. These are complemented by branded sub-systems such as the KNOG electronic gas platform, Preciflame safety valves, Ecoflow ignition technology, and the Remotion remote-control system, with an estimated 450 patents supporting the technology estate. Approximately 100 personnel are dedicated to R&D.

Copreci generates revenue primarily through B2B OEM sales of components embedded into customer-branded appliances, augmented by co-development and engineering services performed jointly with appliance manufacturers from early design stages. The company maintains a global manufacturing footprint across 8 countries (Spain, Mexico, Czech Republic, Italy, Turkey, China, USA, Egypt) and supports customers through direct sales plus a network of commercial agents and delegations on four continents. End applications span home appliance OEMs (primary segment), professional kitchen/HoReCa equipment (e.g., Rational AG), outdoor cooking equipment, and home comfort/heating. Additional revenue and positioning opportunities are emerging from the Copreci Cloud Platform (CCP) IoT offering and circular-economy initiatives such as LIFE WEEELOOP (Digital Product Passport for recovered components) and the HARMONY rare-earth recycling project, both aligned with EU regulatory trends (GDPR, EN303645, NIS2, CRA).

Name

Copreci

Legal name

COPRECI, S. COOP.

Website

https://copreci.com

Company type

Private

Founded year

1963

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Copreci is a Spanish MONDRAGON worker cooperative that designs and manufactures gas components, induction systems, and BLDC motors as embedded sub-systems for global household appliance and professional kitchen OEMs. It operates 10 manufacturing plants across 8 countries and supplies technology into over 480 million households worldwide.

Ownership category

akta.pro rank

Headquarters

HQ city

Álava

HQ country

Spain

HQ region

Europe

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Appliance Component Manufacturing: Copreci designs and manufactures core components (induction systems, gas valves, motors) that are integrated into appliances by OEM customers. Revenue is generated through long-term supply relationships with major appliance manufacturers globally.
2. Custom Development Services: Co-development of custom solutions with customers from early design stages, providing engineering expertise and integration services for specialized appliance requirements.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Copreci designs and manufactures core components and subsystems for the household appliance industry, specializing in three product lines: induction cooking systems (with 11 generations developed over 30+ years), gas components and valves (over one billion units sold globally), and BLDC brushless electric motors for dishwashers, washing machines, and professional ovens. The company embeds its hardware, electronics, and IoT connectivity directly into appliance OEMs' end products, also offering a cloud platform (CCP) for connected device management and co-development engineering services from early design stages.

Product overview

Copreci is a strategic component and solution provider for the household appliance industry, operating as a cooperative under the MONDRAGON corporation. The company offers three core product lines: Gas systems and components (with over one billion units sold globally), Induction systems (with 11 generations developed over 30+ years as one of Europe's first independent induction manufacturers), and Motor systems (featuring BLDC brushless technology for dishwashers, washing machines, and professional ovens). These core products are complemented by supporting technologies including the KNOG electronic gas platform, multiple induction platform generations (7G, 7G+, GF10, 11G), and motor families (BMM, BLP3, BG9). The company also provides connectivity solutions through the Copreci Cloud Platform (CCP) enabling WiFi, Bluetooth, Zigbee, and Matter integration, plus H2H (Hob to Hood) synchronization between cooktops and range hoods. Additional specialized offerings include Ecoflow ignition technology, Remotion remote controls, and automatic cooking functions for induction products.

Differentiator

Problem solved

Functional benefit

Products and services

• Gas Cooking Systems and Components
• Induction Cooking Systems
• Motor Systems (BLDC Brushless Motors)
• KNOG Electronic Gas Platform
• Copreci Cloud Platform (CCP)
• Professional Cooking Gas Systems
• Motor Solutions for Washing Machines
• Outdoor Gas Systems
• Home Comfort Gas Systems (Heating)
• 11G Induction Platform (Modular Flexi Zones)
• Motor Solutions for Professional Ovens

Quantifiable outcome

• 100% delivery compliance maintained throughout the year with Rational AG
• +5 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

Feature10 records

Partnerships

Five partnerships are on record, tiered core, flagship and minor.

• LIFE WEEELOOP ConsortiumcoreStrategic or Co-development Partner · 1 January 2024Copreci leads an innovative WEEE management system focused on achieving 90% material recovery from cooking appliances. Partners include ECOLEC (waste management), Circular Replay, Emaús, and Éxxita. The project develops the first Digital Product Passport for recovered components certifying circular origin, advancing Europe's strategic autonomy and reducing dependence on virgin materials.
• HARMONY Project ConsortiumcoreStrategic or Co-development Partner · 1 January 2024EU-funded project (Holistic Approach to enhance Recyclability of rare-earth permanent Magnets Obtained from aNY waste stream) advancing circular economy for rare earth elements. Copreci validates recycled NdFeB magnets for industrial use. Partners include Kolektor Mobility (Slovenia) for magnet production from recycled powders sourced from University of Birmingham, and Fraunhofer LBF (Germany) for mechanical durability testing.
• MONDRAGON CorporationcoreStrategic or Co-development PartnerCopreci is an integral member of the MONDRAGON cooperative corporation, operating under cooperative principles that guide governance, responsibility, and social impact. MONDRAGON is one of the world's largest cooperative enterprises and includes 60+ companies in various sectors. Copreci is part of the Components Division.
• Rational AGflagshipStrategic or Co-development PartnerStrategic appliance manufacturer customer awarded Copreci Supplier of the Year 2025 for quality, reliability, and collaboration. Partnership includes joint solution development since 2004, achieving 100% delivery compliance, zero quality incidents, and 5-day lead times.
• Schwab Foundation for Social EntrepreneurshipminorStrategic or Co-development PartnerOrganization linked to the World Economic Forum that visited Copreci as part of a tour of the MONDRAGON cooperative ecosystem. Represents diverse countries including India, Egypt, and USA, focusing on social innovation and positive-impact business models.

Scale indicators11 records

Recent moves14 records

Expansion highlights6 records

Direct peers

• Chromalox: Manufacturer of heating elements and thermal technologies for industrial and appliance applications. Competes with Copreci's induction and gas heating element product lines for appliance OEM customers.
• Bühler Motor: German manufacturer of BLDC and DC motors for automotive, appliance and industrial applications. Direct competitor in the appliance motor space, comparable in scale and technology positioning to Copreci's motor division.
• Burner Systems International: US-based manufacturer of gas burners for OEM appliance customers. Directly competes with Copreci in gas burner components, with complementary geographic presence in North America versus Copreci's stronger European footprint.
• Johnson Electric: Hong Kong-based global leader in motion subsystems including BLDC motors for home appliances (dishwashers, washing machines, hoods). Directly competes with Copreci's BMM, BLP3 and BG9 motor families in the appliance OEM channel.
• Robertshaw: US-headquartered manufacturer of controls and gas valves for residential and commercial appliances. Competes with Copreci in gas valve and electronic control product categories for cooking and heating appliances.
• E.G.O. Group: German manufacturer of heating elements and induction components for major household appliance brands (owned by Blanc & Fischer). Most direct competitor to Copreci in induction cooktop technology and heating element modules for OEM appliance customers in Europe.
• Defendi Italy: Italian manufacturer of gas valves and components for cooking appliances. Direct competitor in the gas systems product line, serving similar European appliance OEMs and competing for the same Rational AG, BSH-type customer relationships.

Broad incumbents

• Illinois Tool Works: Diversified US industrial manufacturer with appliance components exposure across multiple categories. Larger and more diversified than Copreci, but overlaps in OEM appliance customer relationships and component technologies.
• Nidec Corporation: Japanese motor manufacturing giant and global market leader across multiple motor categories including appliance motors. Far larger scale and broader product portfolio than Copreci's motor division, with overlapping customer base in major appliance OEMs.
• Diehl Group: German industrial conglomerate with appliance components operations including controls and heating elements. Broader portfolio than Copreci (defense, metallurgy, aviation) but serves similar appliance OEM customers with overlapping component categories.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UC39LQOLWbu0Iq4CIiz1IQzQ
• LinkedInlinkedin.com/company/copreci
• Xx.com/COPRECI
• Facebookfacebook.com/Copreci

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

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 Copreci