Policart

What Policart does

Policart is an Italian manufacturer of polyurethane components exclusively serving the global corrugated board converting industry. Founded in 1998 and headquartered in Castiglione Olona (Varese), Italy, the company produces wear parts that mount directly onto converting machinery, including red anvil covers (bandelle), no-crush wheels, feeding wheels, stitch flap anvil covers, and female/male profile covers, alongside polyurethane coating services. Its flagship technical platform is FullCutTM, a patented high-density compensation structure for anvil covers, paired with a proprietary Mboca Free urethane formulation certified for food-contact applications. The company also offers boltless interlocking designs that eliminate metal hardware and double-width covers that reduce total cover count by approximately 50%; the Policart XP+ premium line packages these advantages together.

Policart operates a two-tier go-to-market model: wholly-owned regional subsidiaries (Policart Au Pty Ltd in Australia, Policart Mex in Mexico, Policart Srb d.o.o. in Serbia operating as a manufacturing plant) combined with an authorized distributor and agent network that collectively spans more than 60 countries. The company is ISO 9001 certified (since 2019) and has formal ecosystem partnerships with EOS Group (November 2021) and DFC Solutions (October 2024) to extend reach into additional converter customers. It is privately held, with no disclosed external institutional investors or public listing, and operates with 11 to 50 employees across its Italian headquarters and Serbian manufacturing site.

The business model is a consumable replacement model: parts are qualified into converter specifications and replaced on recurring maintenance cycles, generating repeat revenue without re-pitching the sale. Revenue indicators include double-digit growth in 2021 with forecasts revised upward twice within the year. Pricing is positioned as a premium technical consumable, anchored by patented product features and certified food-contact credentials rather than commodity polyurethane pricing.

Name

Policart

Legal name

Policart S.r.l.

Website

https://policartsrl.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

Policart is an Italian polyurethane component manufacturer exclusively serving the global corrugated board converting industry with patented anvil covers, no-crush wheels, feeding wheels, and premium FullCutTM consumables distributed across 60+ countries.

Ownership category

akta.pro rank

Product category

Polyurethane components for corrugated board manufacturing

NAICS

Laminated Plastics Plate, Sheet (except Packaging), and Shape Manufacturing (32613)

SIC

Miscellaneous Plastics Products (3080)

akta.pro primary industry

Corrugated Protective Inserts & Partitions (Die-Cut Inserts, Dividers) (IMALAFAD)

akta.pro secondary industry

Flexible Paper Packaging & Wraps (kraft wrap, pouches, laminations) (IMAMAHAF)

Keywords

• Polyurethane components
• Anvil covers
• Corrugated packaging
• Die-cutting consumables
• Urethane parts

Headquarters

HQ city

Castiglione Olona

HQ country

Italy

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Urethane Components Sales: Sale of polyurethane components including anvil covers, no-crush wheels, feeding wheels, and custom profiles for corrugated board industry. Products are consumables requiring replacement based on usage.
2. Policart XP+ Premium Products: Enhanced anvil covers with fiber backing and boltless locking design for high-performance production lines with improved die-cutting process and extended durability.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Policart manufactures and sells red polyurethane anvil covers (bandelle) and urethane components for rotary die-cutting in corrugated board manufacturing and converting. Its product range includes standard anvil covers, no-crush wheels, feeding wheels, stitch flap covers, female/male profile covers, and polyurethane covering services, with the premium Policart XP+ line incorporating the patented FullCut density compensation structure and boltless locking design. The products are consumables used by corrugated packaging manufacturers globally to improve die-cutting performance, reduce flute crushing, speed up cylinder rotations, and minimize machine downtime.

Product overview

Policart is a manufacturer of polyurethane components exclusively dedicated to the corrugated board industry since 1998. The product portfolio centers on anvil covers (bandelle) as the core offering, complemented by no-crush wheels, feeding wheels, stitch flap anvil covers, female/male profile covers, and polyurethane covering services. The flagship Policart XP+ line represents the premium tier with patented density compensation technology and enhanced durability features. All products are designed for rotary die-cutting applications in corrugated packaging manufacturing.

Differentiator

Problem solved

Functional benefit

Products and services

• Anvil Covers (Bandelle) Red polyurethane anvil covers used in rotary die-cutting machines for the corrugated board industry; the boltless inter-locking design guarantees a strong and tight fit and enables fast, easy removal from the cylinder to reduce downtime.
• No-Crush Wheels Polyurethane anti-crush wheels designed to reduce contact force between wheel and board, minimizing flute deformation in corrugated board processing machines; available in multiple styles and sizes for different machine sections.
• Feeding Wheels High-quality polyurethane feeding wheels providing optimal board grip and tracking in corrugated converting machines, offered in Sun and Prime types with varying hardness options.
• Stitch Flap Anvil Covers Specialized anvil covers designed for stitch flap applications in corrugated board processing equipment.
• Female + Male Covers Counter-profile covers used for creasing and folding operations in corrugated board manufacturing.
• Polyurethane Covering Service Polyurethane coating service applied to customer spare parts used in corrugated board processing equipment.
• Policart XP+ Premium Anvil Covers Advanced anvil covers featuring the FullCut patented density compensation structure, boltless locking design, flexible fibre backing, and double-width format for higher-performance corrugated die-cutting lines with extended durability and faster rotations.

Quantifiable outcome

• Reduced knife penetration leading to extended product durability
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• DFC Manufacturing Group LLC (DFC Solutions)coreStrategic or Co-development Partner · 1 October 2024Commercial and technical partnership announced October 2024 to provide high-value solutions to US corrugated board manufacturers. Shares values: passion for packaging industry, customer service, trust, and reliability. Enables formulation of high technical value solutions for packaging manufacturers seeking efficiency and quality performance improvements. DFC MFG is one of the largest tool manufacturers in the USA with strategic locations across the country, positioned as a 'one-stop shop for tooling and specialized converting requirements.'
• EOS GroupcoreStrategic or Co-development Partner · 1 November 2021Strategic partnership signed November 2021 for shared technical, productive, logistical synergies and investments. Created conditions for more structured and consolidated growth benefiting the supply chain. Enables greater production capacity, worldwide customer proximity, quality, and enhanced competence in rotary die-cutting process. Strategic purchasing synergies help reduce impact of raw material price increases. Both companies remain independent with their own sales networks and characteristics.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Heidelberg (Heidelberger Druckmaschinen): German press and post-press equipment manufacturer with a packaging/die-cutting offering serving folding carton and corrugated converters. Comparable as an adjacent OEM whose post-press systems overlap with the rotary die-cutting workflow Policart serves, though it is not a direct anvil-cover specialist.
• Koenig & Bauer (KBA): German printing and packaging equipment manufacturer with a corrugated post-press / die-cutting portfolio. Comparable as an adjacent machinery OEM whose die-cutting systems use similar consumables to Policart's polyurethane components, making it a partial but relevant peer.

Broad incumbents

• Paper Converting Machine Company (PCMC): US-based manufacturer of converting machinery for tissue, nonwovens, and corrugated/paper packaging, including aftermarket support. Comparable because PCMC sells into the same paper and corrugated converter workflow and provides consumables and tooling adjacent to Policart's product set.
• BOBST: Swiss-headquartered global leader in packaging and converting machinery and services for the corrugated, folding carton, and flexible packaging industries. Comparable because BOBST sells rotary die-cutting equipment and aftermarket tooling/consumables to the same corrugated converters Policart serves, making it the most consequential incumbent in this niche.
• Fosber: Italian-headquartered (Lucca, near Policart's northern Italy base) global manufacturer of corrugator lines and associated process technology for corrugated board production. Comparable because Fosber sells into the same corrugated converter customer base that consumes Policart's polyurethane rotary die-cutting components.
• BHS Corrugated: German-headquartered global supplier of corrugator machinery and lifecycle services for the corrugated industry. Comparable because BHS serves the same corrugated converter segment and increasingly bundles aftermarket parts/services adjacent to where Policart's anvil covers are consumed.
• Marquip (BW Papersystems): US-headquartered (now part of Barry-Wehmiller) supplier of corrugated finishing equipment such as rotary die-cutters and sheeters, plus aftermarket parts. Comparable because Marquip's installed base of rotary die-cutters directly consumes the same anvil cover and urethane component category that Policart supplies.

Direct peers

• Sun Automation Group: US-based supplier of corrugated finishing equipment (including rotary die-cutters) and related aftermarket parts and consumables. Comparable because Sun Automation addresses the same rotary die-cutting workflow in corrugated converting where Policart's anvil covers, no-crush wheels, and feeding wheels are consumed.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks1 record

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/policart-srl

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Policart