NAT

What NAT does

NAT Neuberger Anlagen-Technik AG is a German electrical engineering services firm headquartered in Dachau, Bavaria, founded in 1994 as a GmbH and converted to an Aktiengesellschaft (AG) in 1999. Since 2013 it has operated as a wholly-owned subsidiary of Eiffage, the Euronext-listed French construction and concessions group. The company delivers full-spectrum electrical engineering services across six disciplines: general electrical installation, building automation (Gebäudeautomatisierung), industrial automation (Industrieautomation), communication technology, medium voltage (Mittelspannung), and security/fire-safety technology (Sicherheitstechnik). It maintains a nine-point footprint spanning four German branches (Dachau HQ, Dingolfing, Leipzig, Regensburg), four satellite support points (Munich, Ingolstadt, Ulm, Hannover, Rudolstadt), and a wholly-owned Hungarian subsidiary in Győr with satellites in Kecskemét and Debrecen, employing approximately 428 staff (including trainees) drawn from 29 nationalities.

Revenue is generated through project-based B2B contracts and recurring 24/7 maintenance and emergency-service agreements with industrial, commercial, public-infrastructure, and cultural-sector clients. Marquee engagements include BMW (BMW Welt, Landshut, FIZ), Porsche Leipzig (159 km cable network), Coca-Cola European Partners, MVG Munich (fire-alarm systems across 98 U-Bahn stations with guaranteed response times), Hotel Vier Jahreszeiten Kempinski, Verzinkerei Lehmann (Europe's most modern galvanizing plant, 5,000 data points), and the Wendelstein Observatory. The firm delivered 1,687 projects in 2025 (over 2,000 in 2024 for more than 50 customers). The GTM motion is sales-led and project-driven, complemented by event-driven talent acquisition via regional career fairs. Differentiated technical capabilities include 3D-scanning-based robot integration without CAD data, KNX-controlled energy management, measurement and control technology (MSR) for low-energy buildings, and a patented manufacturer-independent mobile welding tongue test station developed for BMW FIZ Munich.

The business model combines one-time project revenue (installation, automation, medium-voltage rollout) with subscription-like recurring revenue from SLA-bound 24/7 service contracts (e.g., MVG U-Bahn on-call duty of 8,760 hours annually). A self-replenishing talent pipeline — seven apprenticeship tracks, ~1,000 internal training sessions since 2012 at the NAT Bildungstreff, and a 60% apprentice take-over rate — underwrites the firm's capacity to scale without dependence on external labor markets, a structural advantage in Germany's tight skilled-trades environment.

Name

NAT

Legal name

NAT Neuberger Anlagen-Technik AG

Website

https://nat.eu

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Short description

NAT is a German electrical engineering services firm (Dachau-headquartered, ~428 employees) delivering general installation, building automation, industrial automation, medium-voltage, communication, and fire-safety solutions to automotive, industrial, public, and cultural clients across Germany and Hungary.

Ownership category

akta.pro rank

Headquarters

HQ city

Dachau

HQ country

Germany

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Project-Based Electrical Engineering Services: NAT generates revenue through large-scale electrical installation and automation projects for industrial, commercial, and public clients. Revenue is earned through one-time project contracts ranging from new installations to complete building automation systems.
2. Maintenance, Support and Emergency Services: Ongoing revenue from 24/7 emergency response services, recurring maintenance, and technical support contracts. Example: 24-hour on-call service for MVG Munich's U-Bahn network fire alarm systems with guaranteed response times.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

NAT is a pure-service electrical engineering firm providing general electrical installation, building automation (GLT), industrial automation (including robotics and 3D scanning), communication/data technology, medium voltage systems, and security/fire alarm technology for industrial, commercial, hospitality, and public-sector clients. It supplements new-installation and retrofit projects with 24/7 maintenance and emergency service contracts and a patented mobile welding tongue test station developed for automotive body assembly.

Product overview

NAT Neuberger Anlagen-Technik AG is a pure service company covering the diverse tasks from the entire field of electrical engineering. The company operates four branches in Dingolfing, Regensburg, Leipzig, and Dachau (headquarters), two support points in Munich and Ingolstadt, and a foreign subsidiary in Györ, Hungary. The core service portfolio consists of six main offerings: Allgemeine Elektroinstallation (General Electrical Installation), Gebäudeautomatisierung (Building Automation), Industrieautomation (Industrial Automation), Kommunikationstechnik (Communication Technology), Mittelspannung (Medium Voltage), and Sicherheitstechnik (Security Technology). Additionally, NAT provides internal IT services including a helpdesk ticketing system and video conferencing capabilities via Jitsi and TeamViewer. The company specializes in complex projects across various industries including automotive (BMW, Porsche), hospitality (Hotel Vier Jahreszeiten), food & beverage (Coca-Cola), and public infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• Allgemeine Elektroinstallation (General Electrical Installation) General electrical installation services covering lighting, lightning and explosion protection, electrical inspections, compensation systems, low-voltage systems, emergency power systems, NSHV systems, and priority stations for industrial, commercial, hospitality, and public-sector clients.
• Gebäudeautomatisierung (Building Automation) Building automation services including smoke extraction, gas warning, heating, cooling/chilled water, ventilation and air conditioning, process visualization and GLT, room automation, cleanroom systems, and special exhaust systems.
• Industrieautomation (Industrial Automation) Industrial automation services for manufacturing systems, conveyor technology, storage technology, and testing/measurement technology, including robot programming and 3D-scanning-based integration for automotive body shops.
• Kommunikationstechnik (Communication Technology) Communication technology services including data network installation and general telecommunications cabling for commercial and industrial buildings.
• Mittelspannung (Medium Voltage) Medium voltage services including medium voltage transformer systems, switchgear systems, and air-insulated systems for industrial plants and large facilities.
• Sicherheitstechnik (Security Technology) Security technology services including fire alarm systems designed and installed per DIN 14675, and intrusion detection systems, supported by 24/7 emergency service for large distributed networks.

Quantifiable outcome

• ~1,687 projects completed in 2025; over 2,000 projects for 50+ customers in 2024
• +4 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature5 records

Partnerships

One partnership is on record.

• Plan InternationalminorOthers · 1 January 1999Since 1999, NAT AG has maintained child sponsorships through Plan International. Currently supporting 13 children in 10 countries. Branch locations in Dachau, Dingolfing, Ingolstadt, Regensburg, and Leipzig each maintain individual sponsorships. NAT also engages in regional cultural, sports, and social sponsorships at each branch location.

Scale indicators16 records

Recent moves11 records

Expansion highlights5 records

Broad incumbents

• Siemens AG: Siemens operates globally in electrification, automation, and digitalization, providing products, systems, and services across industrial automation and building technologies. As a broad incumbent, Siemens competes with NAT at the system/equipment layer rather than as a direct installation services rival.
• ABB AG: ABB is a global leader in electrification, motion, and automation with strong German operations in medium-voltage equipment and industrial automation. It is comparable to NAT as a broader industry incumbent with overlapping medium-voltage and industrial automation customer segments.
• ENGIE Deutschland GmbH: ENGIE Deutschland is a large energy and building-services provider offering technical facility management, energy efficiency, and electrical/HVAC services as part of a broader portfolio. It overlaps with NAT's building automation and energy management work but operates at significantly larger scale and broader scope.

Direct peers

• Actemium (VINCI Energies Deutschland): Actemium is the VINCI Energies brand for industrial services in Germany, delivering electrical installation, automation, and maintenance for industrial clients including automotive, food & beverage, and logistics. Its service portfolio overlaps closely with NAT's industrial automation and electrical installation offering.
• SPIE GmbH: SPIE GmbH is one of the largest German multi-technical service providers, delivering electrical engineering, automation, building services, and energy-infrastructure solutions. It is the most directly comparable peer to NAT in terms of service portfolio and customer base across industrial and public-infrastructure clients in Germany.
• GA-tec Gebäude- und Anlagentechnik GmbH: GA-tec is a German building-services specialist covering electrical installation, HVAC, automation, and security across commercial and public-sector clients. Its overlap with NAT's building automation and electrical installation offering is substantial, particularly in southern Germany.
• Omexom (VINCI Energies): Omexom is the VINCI Energies brand focused on energy-infrastructure services, including medium-voltage, substations, and T&D work. It is directly comparable to NAT's medium-voltage and electrical infrastructure capability for utility and industrial customers across Europe.

Emerging players

• SAUTER Deutschland (Sauter-Cumulus GmbH): SAUTER Deutschland specializes in building automation, building management systems, and energy management, directly competing with NAT's GLT/MSR offering in commercial real estate and public-sector projects. Its focus is narrower and more specialized than NAT's broader services portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 NAT