New Olef

What New Olef does

New Olef Srl is an Italian aluminum die-casting foundry founded in 1972 and headquartered in Cigole (Brescia), Italy. The company designs, produces, and supplies custom aluminum die-cast components for the automotive, motorcycle, truck, and agricultural sectors, operating from a 20,000+ square meter production facility. Since 2015 it has been a subsidiary of the CAPI Group, a metallurgical production enterprise, while retaining operational independence and the New Olef brand.

The company runs three core casting technologies — gravity casting (since founding), high-pressure die casting / pressofusione (since the late 1970s), and low-pressure casting (added in 2017) — across a portfolio of more than 260 product articles. It executes the full production cycle in-house: mold design and construction, casting, CNC machining, sub-component assembly, and quality testing. The internal laboratory performs chemical, physical, and mechanical testing using CMM machines (Zeiss, COORD 3), tensile and fatigue testing, hardness testing, X-ray systems with tomography (Girardoni, Bosello), and liquid penetrant inspection. Engineering simulation software is used for feasibility analysis, casting system development, and process control. Certifications include ISO 9001:2015, IATF 16949:2016, and ISO 14001:2015.

New Olef generates revenue through custom manufacturing sales to enterprise OEMs and Tier-1 suppliers, with named customers spanning McLaren, Maserati, Fiat, Alfa Romeo, Lancia, Thyssenkrupp, Magneti Marelli, Yamaha, Moto Guzzi, Aprilia, Piaggio, Beta, Same Deutz Fahr, Comer Industries, Iveco, FPT, and Kohler Engines. Pricing is quote-based and per component or program contract (not publicly disclosed). The go-to-market motion is enterprise field sales with deep technical engagement and engineering collaboration throughout the product lifecycle; direct distribution reaches OEMs in 12 countries (Italy, France, the UK, Germany, Poland, Spain, Sweden, Serbia, Turkey, India, Brazil, Mexico). Annual turnover is approximately €40 million.

Name

New Olef

Legal name

New Olef s.r.l.

Website

https://newolef.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

101–250 employees

Short description

New Olef is an Italian aluminum die-casting foundry (founded 1972, Cigole) producing custom aluminum castings via gravity, low-pressure, and high-pressure processes for automotive, motorcycle, truck, and agricultural OEMs, including McLaren, Maserati, Fiat, Yamaha, and Iveco.

Ownership category

akta.pro rank

Product category

Aluminum Castings and Foundry Services

NAICS

Nonferrous Metal Die-Casting Foundries (331523), Aluminum Foundries (except Die-Casting) (331524)

SIC

Nonferrous Foundries (Castings) (3360)

akta.pro industry

PRIMARYIMAKACAM

Aluminum Value-Added Components (Automotive, Aerospace, Packaging, Building Systems)

Industrials, Manufacturing & Construction/Metals & Mining/Aluminum (Bauxite, Alumina & Primary/Secondary Smelting)

Keywords

• Aluminum die casting
• Foundry services
• Automotive castings
• Gravity casting
• Low pressure casting

Headquarters

HQ city

Cigole

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Custom Aluminum Die-Cast Components Manufacturing: New Olef generates revenue through the manufacture and sale of custom aluminum die-cast components, including gravity casting, low pressure casting, and high-pressure die casting (pressofusione). The company provides complete turnkey solutions including finished products with mechanical processing and component assembly, enabling full vertical integration for customers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

New Olef designs, produces, and supplies custom aluminum castings for the automotive, motorcycle, truck, and agricultural sectors using gravity, low pressure, and high pressure die casting (pressofusione) technologies. The company manages the full production cycle in-house, from mold design and construction to casting, machining, assembly, and quality testing, delivering finished components ready for installation.

Product overview

New Olef is an aluminum foundry providing complete production cycles from mold design to finished product testing. The company operates three core casting technologies: gravity casting, low pressure casting (operational since 2017), and die casting. They serve four industry sectors—Automotive (chassis and engine components), Motorcycle (frames, swingarms, wheel hubs), Agricultural (manifolds, gearbox housings), and Truck (gearbox, flywheel housings, oil pans)—with a portfolio of 260+ product articles. Services include in-house tool construction, prototyping with simulation software, mechanical machining, assembly, and rigorous quality testing including X-ray and leak tests.

Differentiator

Problem solved

Functional benefit

Products and services

• Automotive Sector Components

Named customers18 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

Feature4 records

Scale indicators7 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Aludyne: German-headquartered aluminum casting specialist producing structural and powertrain components for passenger and commercial vehicles. Direct peer to New Olef in aluminum casting technologies serving European OEMs.
• Nemak: Mexican-headquartered global leader in aluminum components for the automotive industry, producing cylinder heads, engine blocks, transmission housings, and structural components. Direct peer to New Olef in automotive aluminum casting with a comparable OEM customer focus.
• Shiloh Industries: US-based manufacturer of lightweight aluminum and steel components including die-castings, stampings, and engineered solutions for automotive and industrial markets. Direct peer to New Olef in aluminum die-casting and engineered components.
• Bocar: Mexican automotive aluminum die-casting manufacturer producing engine, transmission, and structural components for OEMs including GM, Ford, and Stellantis. Direct peer to New Olef in high-pressure die casting for the automotive industry.
• Endurance Technologies: Indian automotive component manufacturer specializing in aluminum die-castings, gear parts, and suspension components for two-wheelers and four-wheelers. Direct peer to New Olef in serving automotive OEMs with gravity and pressure die-cast components across motorcycle and automotive.
• Ryobi Die Casting: Japanese die-casting foundry producing aluminum and zinc die-cast components for automotive, motorcycle, and industrial applications. Direct peer to New Olef in multi-technology die casting serving automotive OEMs.

Broad incumbents

• CIE Automotive: Spanish supplier of automotive components including aluminum die-castings, forgings, and machined parts for global OEMs. Broader incumbent peer to New Olef in automotive metal components across multiple geographies.
• Georg Fischer (GF Casting Solutions): Swiss precision casting manufacturer producing iron and aluminum castings for automotive, industrial, and aerospace applications. Broader incumbent peer to New Olef in metal casting technologies with global footprint.
• Martinrea International: Canadian automotive parts manufacturer producing aluminum die-castings, assemblies, and engineered solutions for global OEMs. Broader incumbent peer serving similar automotive customers with a wider product portfolio.
• Gestamp: Spanish multinational automotive metal component manufacturer specializing in body-in-white, chassis, and powertrain components. Broader incumbent peer to New Olef in automotive metal components with global manufacturing footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

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 New Olef