What Pietro Carnaghi does

Pietro Carnaghi S.p.A., founded in 1922 and headquartered in Villa Cortese (Milan), Italy, designs and manufactures large-format precision machine tools, principally vertical turning lathes spanning 800mm to 18,000mm table diameters, gantry milling machines with portal distances up to 14 meters, and automated pallet/FMS systems. Its machines incorporate proprietary hydrostatic guideway technology used since the early 1970s, FEM-optimized structural design, mechanical compensation systems for crossrail and column geometry developed through nuclear and aerospace program experience, and the newer Flexturn multitasking 5-axis vertical machining centers that combine turning and milling in a single setup. Production occurs at a single Italian site with over 35,000 sqm of covered area, 20-meter building heights, and cranes up to 120 tons, with annual capacity of approximately 40 custom-engineered machines.

The company operates a direct enterprise sales model through wholly-owned regional subsidiaries in Germany (1988), France (1990), the USA (2009), and China, exporting roughly 90% of production. Revenue is generated primarily through one-time sales of custom-configured capital equipment to OEMs in energy (nuclear, wind, hydro, gas/steam turbines), aerospace and aeronautics (Boeing Delta IV, Ariane IV/V, Lockheed Martin Atlas V, Khrunichev Proton, jet engine components in inconel/titanium), bearings, mining/earthmoving equipment, and general mechanics, with recurring after-sales service, spare parts, teleservice/remote diagnosis, retrofitting, and reconditioning providing multi-decade tail revenue per installed machine. Approximately 101-250 employees support this engineered-to-order business. Since September 2025 the company has operated as part of the Fives Group, an industrial engineering group, while retaining the Pietro Carnaghi brand, certifications (ISO 9001, ISO 14001, ISO 45001, D&B Rating 1, UCIMU Mark), and family ownership ties to the third and fourth generations of the Carnaghi family.

Name

Pietro Carnaghi

Legal name

Pietro Carnaghi S.p.A.

Website

https://pietrocarnaghi.it

Company type

Private

Founded year

1922

Operating status

Operating

Headcount range

101–250 employees

Short description

Pietro Carnaghi is an Italian machinery manufacturer (founded 1922) producing large-format vertical turning lathes, gantry milling machines, and pallet/FMS systems for energy, aerospace, aeronautics, bearings, and heavy-equipment OEMs, exporting roughly 90% of production through owned branches in Europe, the USA, and China.

Ownership category

akta.pro rank

Product category

Industrial Machine Tools

NAICS

Machine Tool Manufacturing (333517), Industrial Machinery Manufacturing (3332)

SIC

Machine Tools, Metal Cutting Types (3541), Special Industry Machinery, Nec (3559)

akta.pro primary industry

CNC Machine Tools (Turning, Milling, Machining Centers) (IMAHADAA)

akta.pro secondary industry

Linear Motion & Mechanical Power Transmission (Ball/roller screws, linear guides, bearings, couplings) (IMAHAGAM)

Keywords

• Vertical turning lathes
• Gantry milling machines
• CNC machine tools
• Pallet systems FMS
• Precision metal machining

Headquarters

HQ city

Villa Cortese

HQ country

Italy

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Machine Tool Sales: One-time sales of CNC vertical lathes, gantry milling machines, and pallet systems. Machines are custom-configured based on customer requirements with various sizes, power ratings, and accessories.
2. After-Sales Service and Support: Technical support including warranty service, teleservice, remote assistance, remote diagnosis, spare parts supply, preventive maintenance programs, and technical training for operators and maintenance staff.
3. Spare Parts: Supply and delivery of spare parts with options for dedicated stock at customer facilities to reduce production stops and support preventive maintenance.
4. Retrofitting and Machine Reconditioning: Electrical and mechanical retrofitting services for aging machines to update with new technologies, meet safety standards, and increase production efficiency. Includes machine relocation services.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Pietro Carnaghi designs, manufactures, and services large CNC vertical lathes, gantry milling machines, pallet systems, and flexible manufacturing systems (FMS) for industrial customers worldwide. Machines are custom-configured to customer specifications with turning diameters ranging from 800mm to 18,000mm and are equipped with hydrostatic guideway technology. The company also provides after-sales services, spare parts, and machine retrofitting/reconditioning through wholly-owned subsidiaries in Germany, France, the USA, and China.

Product overview

Pietro Carnaghi is a world-leading manufacturer of precision machine tools founded in 1922, producing a comprehensive portfolio centered on vertical lathes and gantry milling systems. The product lineup spans three core categories: (1) Vertical Lathes including the ATF compact series (1000-1400mm), ATT dual-pallet series (1500-2400mm), AC single/double column series (1600-6500mm), AP large double-column series (7000-14000mm), AY movable table series (6500-18000mm), and AS single-column large series (6500-18000mm); (2) UNIMILL Gantry Milling Machines with portal distances up to 14000mm; and (3) Pallet Systems encompassing rotating, translating, Y-axis translating, and FMS cell configurations. The Flexturn vertical machining centers integrate turning and milling capabilities in 5-axis configurations. All machines feature hydrostatic guideways technology and are supported by comprehensive accessories including toolholders, grinding spindles, and probing systems. The company operates as part of the FIVES Group following September 2025 acquisition.

Differentiator

Problem solved

Functional benefit

Brands

• UNIMILL: Series of movable portal gantry milling machines produced by Pietro Carnaghi for several decades.
• Flexturn

Products and services

• ATF Series Vertical Lathes Compact thermo-symmetrical single-column vertical turning centers with table diameter 1000-1400mm and double pallet systems for continuous machining operations, targeting industrial manufacturers needing precision turning in a small footprint.
• ATT Series Vertical Lathes Compact dual-pallet vertical lathes with table diameter 1500-2400mm, designed for efficient two-piece simultaneous machining with a shared crossrail for higher productivity.
• AC Series Single Column Vertical Lathes Compact thermo-symmetrical vertical turning centers with single column design covering table diameter 1600-3200mm, available with fixed or movable crossrail configurations.
• AC Series Double Column Vertical Lathes High-rigidity double-column vertical turning centers for large parts, covering table diameter 3600-6500mm with maximum turning power up to 300kW.
• AP Series Double Column Large Vertical Lathes Large-scale double-column vertical lathes for parts up to 14 meters diameter, featuring maximum turning power of 300kW and advanced hydrostatic guideways for energy and aerospace customers.
• AY Series Movable Table Vertical Lathes Heavy-duty vertical lathes with movable table (Y-axis) design for parts 6200-14000mm diameter, featuring hydrostatic axial bearings supporting up to 500 tons.
• AS Series Single Column Large Vertical Lathes Single-column vertical lathes for extra-large diameter turning up to 18000mm, featuring mechanical compensation mechanisms for geometric deflection control derived from nuclear and aerospace machining experience.
• UNIMILL Gantry Milling Machines Vertical movable portal milling machines with distances between columns up to 14000mm and working plane up to 9000mm, featuring hydrostatic guideways and optional turning tables for large structural components.
• Flexturn Vertical Machining Centers Multitasking 5-axis vertical machining centers combining vertical lathe rigidity with advanced milling capabilities, featuring W-axis moving crossrail variants, cellular construction, temperature-controlled systems for thermal symmetry, and direct-drive milling tables.
• After-Sales Service and Support Technical support including warranty service, teleservice, remote assistance, remote diagnosis, spare parts supply, preventive maintenance programs, and technical training for operators and maintenance staff, delivered through Italian, German, French, USA, and Chinese service centers.
• Spare Parts Supply Supply and delivery of spare parts with options for dedicated stock at customer facilities to reduce production stops and support preventive maintenance across the installed machine base.
• Retrofitting and Machine Reconditioning Electrical and mechanical retrofitting services for aging machines to update with new technologies, meet current safety standards, and increase production efficiency, including machine relocation services for industrial customers.

Quantifiable outcome

• Elimination of guideway wear ensures long-term geometric quality of machines
• +1 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

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 and minor.

• Fives GroupcoreStrategic or Co-development Partner · 1 September 2025In September 2025, Pietro Carnaghi S.p.A. joined the Fives Group, further strengthening the Group's leadership in the machine tool sector. Fives Group is a leading industrial engineering group. The company operates in line with Fives Group Policy principles including customer focus, product innovation, ethics, growth and respect for people, environmental protection, and economic profit integration.
• UCIMU-SISTEMI PER PRODURREminorOthersItalian Machine Tool Builder Association. The UCIMU mark is a distinctive sign that highlights attention to quality features, promoting technical ability, functional efficiency and production system organization. Companies with the UCIMU mark demonstrate commercial reliability, financial security, and compliance with safety standards.

Scale indicators7 records

Recent moves13 records

Expansion highlights5 records

Emerging players

• SMTCL: China's largest machine tool manufacturer with growing capabilities in large vertical lathes and gantry milling. Represents the principal low-cost competitor in volume segments of Pietro Carnaghi's product lines.

Direct peers

• Skoda Machine Tool: Czech manufacturer of heavy-duty turning and grinding machines for large components, competing with Pietro Carnaghi in nuclear, hydro, and large industrial component machining.
• DMG MORI: Global leader in machine tools including large vertical lathes and gantry milling machines, serving aerospace, energy, and automotive customers. Competes directly with Pietro Carnaghi across multiple vertical lathe and machining center product lines.
• You Ji Machine: Taiwanese manufacturer of large vertical lathes and turning machines. Competes with Pietro Carnaghi in mid- to large-format vertical lathes, particularly in price-sensitive markets and Asia-Pacific installations.
• Soraluce: Spanish manufacturer of large gantry milling machines and boring machines, directly competing with Pietro Carnaghi's UNIMILL gantry milling line for energy, aerospace, and heavy machinery customers.
• Schiess (Starrag Group): German specialist in large vertical turning machines, part of Starrag Group. Directly competes with Pietro Carnaghi's AP, AY, and AS series large vertical lathes for heavy industrial and energy customers.

Broad incumbents

• Mazak: Major Japanese machine tool maker offering a broad portfolio including vertical lathes and machining centers. Overlaps with Pietro Carnaghi in mid-to-large vertical turning but is broader in product scope and end-market reach.
• EMAG: German manufacturer of machine tools and manufacturing systems for automotive, aerospace, and industrial customers. Provides adjacent overlap in precision turning and component machining but focuses on smaller part sizes than Pietro Carnaghi's large-format portfolio.
• Fives Group: Parent industrial engineering group that acquired Pietro Carnaghi in September 2025. Owns other machine tool brands (Forest-Liné, Cinetic, GFM) in complementary heavy machining and metal-cutting categories, creating both an internal peer set and channel partnership.
• Nakamura-Tome: Specialist in multi-axis turning centers and multitasking lathes. Overlaps with Pietro Carnaghi's Flexturn multitasking vertical machining center line in aerospace and precision component machining applications.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/pietrocarnaghispa
• Facebookfacebook.com/pietrocarnaghi
• LinkedInlinkedin.com/company/pietro-carnaghi

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries5 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 Pietro Carnaghi