Formeco
Formeco Srl is a privately held Italian industrial equipment manufacturer founded in 1971, designing and producing solvent distillation systems, wastewater evaporators, and fractional distillation plants for industrial manufacturers across 86 countries.
- Company typePrivate
- Founded1971
- HeadquartersPadua, Italy
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Formeco does
Formeco Srl is a privately held Italian industrial equipment manufacturer founded in 1971 in Noventa Padovana, in the Veneto region of northern Italy. The company designs and manufactures industrial solvent distillation systems, wastewater evaporation and concentration units, and fractional distillation plants used by industrial manufacturers to purify contaminated solvents, recover process wastewater, and separate mixed liquids. Its product portfolio spans three solvent distiller series (Standard, Professional, Industrial) with batch capacities from 15 to 2,200 litres, three evaporator technology platforms (heat pump, external heat source, mechanical vapor recompression) with hourly throughputs from 10 to 12,000 litres, and fractional separation systems for aluminium rolling oil recycling and filtration earth recovery. Core proprietary technologies include an internal scraper/rotor with adjustable blades for maximum solvent extraction, the Rec-Bag solid residue disposal system, ATEX-certified equipment for explosive atmospheres, and PLC automation enabling 365-day continuous unattended operation.
The company has installed more than 45,000 systems across 86 countries and serves a diversified enterprise customer base spanning automotive (Toyota, Honda, Nissan, Volvo, Bentley), electronics (Philips, Sony, ABB), consumer goods (IKEA, Disney, Yamaha, Chupa Chups), paints and coatings (Akzo Nobel, Jotun, Asian Paints), aerospace (Bombardier), pharmaceuticals (GSK), and aluminium processing (Alcan). Formeco generates revenue primarily through one-time capital equipment sales priced via quote-based configuration, complemented by recurring after-sale service and technical assistance from a dedicated service centre offering telephone and tele-assistance globally. Distribution is executed through direct enterprise field sales supplemented by an international network of national and foreign distributors established since the company's founding-era trade fair participation. Marketing relies on an 8-language multilingual website, LinkedIn/Facebook/Instagram/YouTube channels, and continued trade fair presence.
The company is family-controlled, with founding families Nicolè and Broglio maintaining leadership positions across two generations (Elena Nicolè as President and Financial CEO, daughter of co-founder Adriano Nicolè; Dario Vezzaro as Managing Director and Purchasing CEO; Stefano Tonietto as Board Director and Sales & Marketing CEO). Formeco holds a comprehensive certification portfolio including CE, ATEX (Production and Machines), PED Module H, ISO 9001, ISO 14001, ISO 45001, and Russian GOST, supporting its access to regulated industrial markets globally.
Formeco firmographics
Firmographics- Name
- Formeco
- Legal name
- Formeco Srl
- Website
- https://formeco.it
- Company type
- Private
- Founded year
- 1971
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Formeco Srl is a privately held Italian industrial equipment manufacturer founded in 1971, designing and producing solvent distillation systems, wastewater evaporators, and fractional distillation plants for industrial manufacturers across 86 countries.
- Ownership category
- akta.pro rank
Formeco industry classification
Industry- Product category
- Industrial Solvent Distillation and Wastewater Evaporation Equipment
- SIC
- Misc Industrial & Commercial Machinery & Equipment (3590)
- akta.pro primary industry
- Industrial Drying & Evaporation Equipment (Dryers, Evaporators, Crystallizers) (IMAHAEAD)
- akta.pro secondary industry
- Solvent Recovery & Recycling Services (BPALAHAC)
Keywords
Where Formeco is headquartered
LocationHeadquarters
- HQ city
- Padua
- HQ country
- Italy
- HQ region
- Europe
Offices1 record
Markets served
Formeco business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Industrial Solvent Distillers: Formeco manufactures and sells industrial solvent distillation units across three product series (Standard, Professional, Industrial) with capacities ranging from 15 litres to 2,200 litres per batch. These are capital equipment sales — one-time purchase of physical machinery — with revenues generated from initial equipment sale, installation, and commissioning services.
- Waste Water Evaporators and Concentrators: Sale of industrial wastewater evaporation and concentration systems using heat pump, external heat source, and mechanical recompression technologies. Units range from 10 to 12,000 litres per hour processing capacity, sold as capital equipment.
- Fractional Distillation Plants: Fractional separation systems for separating multiple liquid substances with different boiling points, including systems for recycling aluminium rolling oil and recovering filtration earths. Sold as large-scale industrial plant equipment.
- After-Sale Service and Technical Assistance: A service centre with dedicated telephone line and tele-assistance for immediate operations worldwide, providing ongoing revenue from service contracts and spare parts.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | Capital equipment pricing — no public list price; quote-based per configuration |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels7 records
Formeco product offering
Product offeringCore offering
Formeco manufactures industrial distillation and evaporation systems for solvent purification and industrial wastewater treatment. Its portfolio includes solvent distillers (Standard, Professional, and Industrial series from 15 to 2,200 liters per batch), wastewater evaporators and concentrators (heat pump, external heat source, and mechanical vapor recompression configurations ranging from 10 to 12,000 L/hour), and fractional separation systems for aluminium rolling oil recycling and filtration earth recovery. Equipment is sold as capital machinery with installation, commissioning, and after-sale technical assistance.
Product overview
Formeco manufactures industrial purification and recycling systems since 1971, comprising three main product lines: solvent distillers (Series Standard, Professional, and Industrial with capacities from 15 to 2200 liters), waste water evaporators (heat pump, external heat source, and mechanical recompression systems with outputs from 10 to 12,000 L/hour, plus concentrators), and fractional distillation plants (fractional columns, rolling fluids recycling, and filtration earths recovery). The solvent distiller series progress from compact batch units to continuous industrial-scale systems, while the evaporator portfolio covers heat pump technology for energy efficiency, external heat source integration for existing plant steam/hot water, and mechanical vapor recompression for maximum energy recovery. Fractional systems enable separation of mixed liquids by volatility for diluent rectification and specialized recycling applications. All systems feature PLC-based automation for unattended operation and plug-and-play installation.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Over 45,000 systems installed worldwide across 86 countries
- +6 more outcomes
Companies that use Formeco
Customer profileNamed customers31 records
Segments6 records
Ideal customer profiles1 record
Formeco technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
Formeco partnerships and signals
Strategic signalScale indicators5 records
Recent moves7 records
Expansion highlights5 records
Formeco competitors and assessment
Company assessmentEmerging players
- H2O Innovation: Canadian water and wastewater treatment solutions provider offering membrane systems and specialized treatment equipment. Comparable industrial wastewater treatment capabilities with focus on North American and global markets.
- Praj Industries: Indian process engineering company offering distillation, evaporation, and wastewater treatment systems primarily for bioethanol, brewery, and chemical industries. Comparable technology with growing international presence in emerging markets.
Direct peers
- GEA Group: German multinational manufacturer of industrial separation and evaporation equipment for food, dairy, beverage, chemical, and pharmaceutical industries. Directly comparable in evaporator and distillation technology with significantly larger global scale.
- De Dietrich Process Systems: French/German manufacturer of glass-lined and alloy process equipment including distillation columns, reactors, and filtration systems for chemical and pharmaceutical industries. Directly comparable in industrial distillation technology.
- Sulzer: Swiss industrial engineering company with ChemTech division offering distillation, separation, and reaction technology. Direct competitor in industrial distillation columns and process plant equipment serving chemical and pharmaceutical markets.
- Andritz: Austrian multinational with a Separation division producing industrial centrifuges, evaporation and crystallization systems, comparable to Formeco's evaporators and concentrators serving chemical and industrial customers.
- SPX Flow: US-based provider of process solutions including evaporation and drying equipment for food, beverage, and industrial applications. Direct competitor in industrial evaporation systems serving similar customer use cases.
- Alfa Laval: Swedish multinational specializing in heat transfer, separation, and fluid handling equipment. Highly comparable industrial evaporation and separation technology serving overlapping chemical, pharmaceutical, and manufacturing end markets.
- BHS Filtration: German manufacturer of industrial filtration, washing, and drying equipment serving chemical, pharmaceutical, and food industries. Comparable process equipment manufacturer with overlapping separation technology portfolio.
Broad incumbents
- Veolia Water Technologies: French multinational offering comprehensive industrial water and wastewater treatment solutions including evaporation and zero liquid discharge systems. Broader incumbent with overlapping industrial wastewater treatment capabilities.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Formeco social profiles
Digital presenceFormeco compliance and trust
Trust signalCompliance10 records
Formeco financial estimates
Financial estimateRevenue estimate
Valuation estimate
Formeco leadership team
Management profileNumber of profiles
Profiles3 records
Formeco funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Formeco M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Formeco
What does Formeco do?
Formeco manufactures industrial distillation and evaporation systems for solvent purification and industrial wastewater treatment. Its portfolio includes solvent distillers (Standard, Professional, and Industrial series from 15 to 2,200 liters per batch), wastewater evaporators and concentrators (heat pump, external heat source, and mechanical vapor recompression configurations ranging from 10 to 12,000 L/hour), and fractional separation systems for aluminium rolling oil recycling and filtration earth recovery. Equipment is sold as capital machinery with installation, commissioning, and after-sale technical assistance.
Is Formeco a public or private company?
Formeco is a private company. It is classified as family owned and is currently operating.
When was Formeco founded?
Formeco was founded in 1971. It employs 11 to 50 people.
Where is Formeco based?
Formeco is headquartered in Padua, Italy, in the Europe region.
How does Formeco make money?
Four revenue lines are on record. Industrial Solvent Distillers are the primary driver. The others are waste Water Evaporators and Concentrators, fractional Distillation Plants and after-Sale Service and Technical Assistance.
Who are Formeco's main competitors?
Emerging players on record are H2O Innovation and Praj Industries. Direct peers are GEA Group, De Dietrich Process Systems, Sulzer, Andritz, SPX Flow, Alfa Laval and BHS Filtration. Veolia Water Technologies is listed as a broad incumbent.
Does Formeco have an API?
No public API is recorded for Formeco.
What industry is Formeco in?
Formeco's product category is Industrial Solvent Distillation and Wastewater Evaporation Equipment. Its primary akta.pro industry code is IMAHAEAD, Industrial Drying & Evaporation Equipment (Dryers, Evaporators, Crystallizers), with a secondary code of BPALAHAC, Solvent Recovery & Recycling Services. Its SIC code is 3590.