Martens Democom

What Martens Democom does

Martens Democom is a privately held Belgian industrial demolition and decommissioning group headquartered in Genk, founded in 1989 (originally as Martens Kabelrecycling NV). It provides total demolition, selective demolition, dismantling, asbestos removal, cable and copper recycling, and offshore decommissioning services to large industrial enterprises — principally energy utilities (RWE, ENGIE/Electrabel), steel mills (Arcelor-type facilities, Aurubis Olen), chemical plants (Tessenderlo Chemie), automotive and electronics manufacturers (Ford, Philips), and offshore operators. Asbestos removal is carried out under BELAC and Qualibat 7-05 certification for all types (bound and unbound) since 2009/2010.

The company operates an unusually capital-intensive equipment fleet for its size, including a 170-ton Hitachi KMC 1200S (51m high-reach demolition), a 205-ton Hitachi 1200 Triple, and demolition attachments up to 15 tonnes, supported by SHEQ certification under ISO 9001, ISO 14001, and ISO 45001 (the latter replacing VCA P in February 2022). A self-developed Guidetti cable-recycling line installed in 2019 processes 100 tons per week of cable/copper waste at 99% copper purity, and the group integrates an in-house recycling capability that recovers approximately 90% of project waste streams.

Martens Democom monetises primarily through project-based B2B contracts won via competitive tendering (no publicly disclosed standard pricing). The group operates legal entities in Belgium, the Netherlands, France, Luxembourg, Germany (via the Laarakkers Democom JV), and the UK — with six active regional offices and approximately 60 employees in total. Growth has been driven by a combination of greenfield country entries, strategic acquisitions (Heavy Decom International in 2013 for offshore capability, Sodec Environnement in 2019 for French asbestos), a joint venture with Laarakkers in 2019 for the German market, and the 2021 launch of Martens Découpe to internalise scrap-cutting activities.

Name

Martens Democom

Legal name

Martens Demolition Company NV

Website

https://martensdemocom.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

51–100 employees

Short description

Martens Democom is a Belgian privately held industrial demolition and decommissioning contractor founded in 1989, serving energy utilities, steel mills, chemical plants, and offshore operators across six European countries with specialised heavy equipment, certified asbestos removal, and integrated cable-recycling services.

Ownership category

akta.pro rank

Headquarters

HQ city

Genk

HQ country

Belgium

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Industrial Demolition Services: Project-based demolition and decommissioning of industrial facilities including power plants, steel mills, chemical plants, and commercial buildings. Services include total demolition, selective demolition, interior stripping, and dismantling. Revenue is project-based with competitive tendering.
2. Asbestos Removal Services: Certified removal of all types of asbestos (bound and unbound) since 2009. Expanded through Sodec acquisition in France. Services offered to both industrial and private markets.
3. Cable and Metal Recycling: Weekly processing of 100 tons of cable and copper waste into pure copper granulate (99% purity) and plastics. Proprietary Guidetti recycling line installed 2019. Recycled materials reintroduced to the economy.
4. Offshore Demolition Services: Specialized services for offshore installations including oil platforms and stranded/sunken ships. Capabilities acquired through Heavy Decom International (HDI) UK acquisition in July 2013.
5. Dismantling Services: Disassembly of machines and installations for removal, relocation, or renewal. Performed by experienced personnel with specialized equipment.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels7 records

Core offering

Martens Democom provides total demolition, selective demolition, and dismantling of industrial buildings, power plants, steel mills, chemical plants, and offshore installations for enterprise clients. The company also delivers certified asbestos removal (bound and unbound), cable and metal recycling through its proprietary Guidetti line producing 99% pure copper granulate, and dismantling of machines and installations for relocation or renewal. Services are executed in-house by specialized personnel using a proprietary heavy-equipment fleet including 170-ton and 205-ton demolition excavators with up to 51m high-reach capability.

Product overview

Martens Democom offers a comprehensive suite of industrial demolition and environmental services, operating as a unified portfolio of integrated solutions. The core offering centers on demolition work (Sloopwerken) as the primary service, complemented by specialized cable recycling (Kabelrecycling) for material recovery, asbestos removal (Asbestverwijdering), industrial dismantling (Demontage), and offshore decommissioning services. This integrated approach enables the company to deliver complete project solutions from demolition through material recycling, with in-house capabilities across the entire value chain.

Differentiator

Problem solved

Functional benefit

Products and services

• Sloopwerken (Demolition Services) Total demolition, selective demolition, and dismantling of industrial buildings, power plants, concrete and steel structures, chimneys, and cooling towers for industrial and utility clients. Delivered in-house with specialized personnel under SHEQ values.
• Kabelrecycling (Cable Recycling) Environmentally friendly recycling of cable waste and copper-containing elements into pure copper granulate (99% purity) and plastics using a self-developed electromechanical process, processing approximately 100 tons of cable and copper waste weekly.
• Asbestverwijdering (Asbestos Removal) Certified removal of all types of asbestos (bound and unbound), carried out entirely in-house by specialized teams under BELAC and Qualibat 7-05 certifications for industrial and private clients.
• Demontage (Dismantling Services) Dismantling of machines and installations that need to be removed, relocated, or renewed, performed by experienced personnel using specialized equipment.
• Offshore Decommissioning Services Specialized offshore demolition and decommissioning services for oil platforms, stranded and sunken vessels (such as the Baltic Ace wreck), and other offshore installations, leveraging the 205-ton Hitachi 1200 Triple machine.

Quantifiable outcome

• 90% of waste streams recovered, reused, or recycled
• +4 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered core and minor.

• LaarakkerscoreStrategic or Co-development Partner · 1 October 2019Joint venture with Dutch demolition company Laarakkers (75 years experience, 25+ years in German market) to form Laarakkers Democom GmbH in October 2019. Laarakkers provides German market knowledge; Martens Democom provides heavy industrial demolition expertise. Combined capabilities for demolition and dismantling of industrial installations across Germany. Located in Düsseldorf.
• Sodec Environnement SAcoreStrategic or Co-development Partner · 1 June 2019Acquired majority share in French company Sodec Environnement SA in June 2019. Sodec is certified in France for removal of all types of asbestos (bound, unbound). Located near Thionville with 10 employees and 1 million Euro annual revenue. Strengthened asbestos removal activities and market position in France. Subsequently created Sodec BE for Belgian market.
• NV HerpelgemminorStrategic or Co-development Partner · 1 September 2014Joint purchase of Electrabel Ruien site with NV Herpelgem in May 2014. Martens Democom handles demolition work; Herpelgem handles site development. Located in Ruien, Belgium.
• Heavy Decom International (HDI)coreStrategic or Co-development Partner · 1 July 2013Acquired English company Heavy Decom International in July 2013, specialized in offshore demolition of oil platforms and stranded/sunken ships. Key asset: Hitachi 1200 triple machine (205 tons, 28m working height with 17T tool, 20m depth capacity). Expanded capabilities into offshore demolition services. Strategic acquisition enabling international offshore contracts.

Scale indicators10 records

Recent moves13 records

Expansion highlights6 records

Market position

Weaknesses5 records

Competitive moat5 records

Customer concentration

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Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries12 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 Martens Democom