NTM

What NTM does

NTM (legal name Ab Närpes Trä & Metall - Oy Närpiön Puu ja Metalli) is a Finnish, family-owned engineering company founded in 1950 and headquartered in Närpiö, Finland, that designs, manufactures, sells, and services refuse collection vehicles (RCVs) and truck trailers/bodyworks. The company's two operating divisions — Refuse Collection Vehicles and Trailers & Bodyworks — produce rear loaders (XS, KG, KGH, KGLS), side loaders (OM, OM-2K), front loaders (FL-P), multi-chamber vehicles (Quatro four-chamber flagship, KGH-2B, KG-2B, KG-2K, MAS-2K), electric and plug-in hybrid platforms under the NTM Zero Emission Solutions brand, and specialized products for food-waste, underground-container, and recycling applications, plus box bodies, flatbeds, swap-body carriers, and Krone-trailer products for the transport sector. Core proprietary technology centers on the Quatro multi-chamber compactor (collecting four waste fractions in a single bin lift) and the MAS sealed liquid-waste container system, with custom vehicle bodies built to specific chassis configurations.

NTM employs approximately 700 people across the group and reports annual revenue of approximately €165 million. The company sells primarily through direct B2B channels via wholly-owned subsidiaries in Sweden, the UK, Germany, Estonia, Poland, Lithuania, Canada, and the USA, supplemented by sales collaborations with VDL, Krone, Cappellotto, and Schwarze, and by independent resellers such as Bosch Truck Group (Canada) and Im Stiholt A/S (Denmark). Pricing is quote-based and not publicly disclosed; contracts are typically multi-year. The customer base is concentrated in municipalities and waste management companies (with named clients including Ohlssons AB, Marius Pedersen A/S, and Förenade Renhållare Ab) and transport and logistics operators. Aftermarket service and spare parts — sold under the NTM Service brand with an online portal and 100+ service points — have become a substantial part of the business, complemented by the NTM Academy training program for customers, partners, and service workshops.

Name

NTM

Legal name

Ab Närpes Trä & Metall - Oy Närpiön Puu ja Metalli

Website

https://ntm.fi

Company type

Private

Founded year

1950

Operating status

Operating

Headcount range

501–1,000 employees

Short description

NTM is a Finnish, family-owned manufacturer founded in 1950 that designs, builds, and services refuse collection vehicles and truck trailers/bodyworks for municipalities, waste management companies, and logistics operators across the Nordics, wider Europe, and North America.

Ownership category

akta.pro rank

Product category

Refuse Collection Vehicles and Truck Bodies

NAICS

Motor Vehicle Body and Trailer Manufacturing (33621), Motor Vehicle Body and Trailer Manufacturing (3362), Industrial Truck, Tractor, Trailer, and Stacker Machinery Manufacturing (333924)

SIC

Refuse Systems (4953), Industrial Trucks, Tractors, Trailors & Stackers (3537)

akta.pro primary industry

Compactor, Container & Roll-off Services (Rental, Service & Logistics) (EUAIAGAC)

akta.pro secondary industry

Refuse/Waste Collection Vehicles Leasing & Rental (TLABAEAG)

Keywords

• Refuse collection vehicles
• Truck superstructures
• Trailers and bodyworks
• Waste collection equipment
• Heavy transport equipment

Headquarters

HQ city

Närpiö

HQ country

Finland

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. Refuse Collection Vehicles (RCV): Manufacture and sale of garbage trucks and refuse collection vehicles including rear loaders, side loaders, front loaders, multi-chamber vehicles, and special solutions for waste collection. Sales bypassed the trailer side in 2005 indicating RCVs became the primary revenue driver.
2. Trailers and Bodyworks: Production and sale of truck trailers, box bodies, flatbed & tent, swap body carriers, site work equipment, and Krone trailers. Products include eNRGy Dry freight, Flexifrost ATP, Dolly, Shifty Tipper, Shifty Glider, Shifty Rail, and Krone Cool Liner Nordic Edition.
3. Aftermarket Service and Spare Parts: NTM Service provides spare parts, repairs, technical support, training, and warranty services. The aftermarket function with spare parts sales and service has grown to become a large and important part of the business.
4. Sales Collaboration Products: Distribution of products from partners including VDL hook lifts, Schwarze, and Krone trailers through NTM's Nordic-focused sales network.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels5 records

Core offering

NTM develops, manufactures, sells and maintains transport equipment for heavy goods and recycling vehicles. The company's core offering includes refuse collection vehicles (RCVs) with multi-chamber compactor systems, zero-emission electric and hybrid solutions, and a full range of trailers and bodyworks (box bodies, flatbed, swap body carriers, and Krone trailers) for waste management operators, municipalities, and logistics companies.

Product overview

NTM is a comprehensive manufacturer of refuse collection vehicles (RCVs) and trailers/bodyworks. The product portfolio consists of two main divisions: (1) Refuse Collection Vehicles including rear loaders (XS, KGH, KGLS, KG), side loaders (OM, OM-2K), front loaders (FL-P), multi-chamber vehicles (QUATRO, KGH-2B, KG-2B, KG-2K, MAS-2K), electric vehicle solutions (Plug-in Hybrid, 100% Electric), and special solutions (UNO-2K, FK, Flip Hatch, Crane, Bin Washing, MAS); and (2) Trailers and Bodyworks including box bodies (eNRGy, Flexifrost), flatbed & tent systems, swap body carriers (Dolly, Shifty series), site work equipment (KHT Transfer Tipper), and Krone trailer products (Profi Liner, Cool Liner). The company also offers Zero Emission Solutions for electric and gas-powered chassis. NTM serves the Nordic market and international markets through subsidiaries and dealers.

Differentiator

Problem solved

Functional benefit

Brands

• NTM Zero Emission Solutions: Zero emission solutions for electric and gas-powered chassis, including Electric Hybrid Solutions and Full Electric platforms.
• NTM Academy
• NTM Service

Products and services

• NTM QUATRO
• Rear Loader Series (XS, KGH, KGLS, KG)
• Side Loader Series (OM, OM-2K)
• Front Loader Series (FL-P)
• Multi-chamber RCVs (KG-2B, KG-2K, KGH-2B, MAS-2K)
• KG-2B 50/50
• MAS (Multi-chamber food waste system)
• Electric and Plug-in Hybrid RCV Solutions
• Mini-MAS
• RCV Special Solutions (UNO-2K, FK, Flip Hatch, NTM 7500 Crane, Bin Washing System)
• Box Bodies (Trailers)
• Flatbed & Tent (Trailers)
• Swap Body Carriers (Dolly, Shifty series)
• eNRGy Dry Freight
• Flexifrost ATP
• Krone Trailers (Profi Liner Nordic Edition, Cool Liner Nordic Edition)
• NTM-KHT Transfer Tipper
• NTM Service (Aftermarket & Spare Parts)

Quantifiable outcome

• Up to 100% of waste can be recycled with multi-chamber collection systems
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Seven partnerships are on record, tiered core, minor and regional.

• VDLcoreChannel Partner/ Reseller/ DistributorSales collaboration with VDL for hook lifts from 8 to 35 tonne. NTM has developed a reduced height version for the Nordic market with installation height of 190mm.
• CappellottominorChannel Partner/ Reseller/ DistributorSales collaboration for Cappellotto products through NTM's Nordic sales network.
• SchwarzeminorChannel Partner/ Reseller/ DistributorSales collaboration for Schwarze products through NTM's Nordic sales network.
• KronecoreChannel Partner/ Reseller/ DistributorDistributes Krone trailers including Profi Liner Nordic Edition, Cool Liner Nordic Edition, Coil Liner for steel transport, center axle trailers, and Box Liners for container transport. King Pin load up to 18 tonnes for Nordic edition.
• KH-TecminorStrategic or Co-development PartnerNTM took over KH-Tec's operations with cassette combinations for gravel transports, expanding site work equipment capabilities.
• Bosch Truck Group Inc.regionalChannel Partner/ Reseller/ DistributorAuthorized reseller for NTM products in Canada. Located in Calgary, Alberta.
• Im Stiholt A/SregionalChannel Partner/ Reseller/ DistributorDanish distributor handling NTM products including KG-2B 50/50 for Marius Pedersen A/S.

Scale indicators8 records

Recent moves15 records

Expansion highlights7 records

Direct peers

• FAUN Zoeller: German-based manufacturer of refuse collection vehicles and municipal equipment, part of the KIRCHHOFF Group. Direct competitor in the European RCV market with overlapping product categories (rear loaders, side loaders) and shared focus on zero-emission solutions.
• Dennis Eagle: UK-based refuse collection vehicle manufacturer (part of Terberg Environmental). Direct competitor in the UK and European RCV market, with comparable product lines including rear loaders and zero-emission offerings.
• Heil (Environmental Solutions Group): North American leader in refuse collection vehicles, part of ESG / Chart Industries. Direct competitor for NTM's expansion into the US and Canadian RCV markets, with broad product portfolio and deep dealer/service network.
• ROS ROCA (Ros Roca International): Spanish-based manufacturer of waste collection vehicles and equipment with European and emerging-market presence. Direct competitor in the European RCV market with comparable municipal customer base.
• Geesink Norba: Dutch manufacturer of refuse collection vehicles, including rear loaders and recycling vehicles. Direct European competitor with comparable product positioning around multi-chamber and recycling-optimized RCVs.
• Schwarzmüller: Austrian trailer manufacturer with broad range of semi-trailers and special-purpose bodies. Direct competitor in NTM's trailer and bodyworks segment, particularly for tippers, swap-body carriers, and Nordic-edition trailers.
• McNeilus Truck and Manufacturing: US-based refuse collection vehicle manufacturer, part of Oshkosh Corporation. Direct competitor in the North American RCV market that NTM is targeting via its Canadian and US subsidiaries.

Broad incumbents

• Bucher Municipal: Swiss manufacturer of municipal vehicles including compact sweepers and winter maintenance equipment. Broader municipal-vehicle incumbent with adjacent (rather than overlapping) product portfolio compared with NTM's refuse collection focus.
• Terberg Environmental: Dutch group encompassing Dennis Eagle and other RCV/waste-handling brands. Broader specialty vehicle incumbent operating across multiple European geographies with overlapping RCV and waste-handling offerings.

Others

• Krone: German trailer and commercial vehicle manufacturer that is simultaneously a competitor and a key distribution partner for NTM (Krone Cool Liner / Profi Liner Nordic Edition). Strategic adjacency to NTM's trailer business makes it a hybrid competitor/distributor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/NTMOYAB
• LinkedInlinkedin.com/company/ntm---n%C3%A4rpes-tr%C3%A4-&-metall
• Instagraminstagram.com/ntm_group

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries8 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 NTM