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Itek Veneziano Group Srl

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uuid005jwyd

Namestring
Itek Veneziano Group Srl
Legal namestring
Itek Veneziano Group Srl
Company typeenum
Private
Founded yearint
1980
Descriptiontext

Itek Veneziano Group Srl is an Italian industrial machinery distributor founded in 1980 by Armando Veneziano and headquartered in Schio, Veneto, with a secondary office in Scafati, Campania. The company sells, services, and provides application support for CNC machining centers, waterjet cutting systems, fiber laser cutting systems, and CNC press brakes to industrial manufacturers across aerospace, automotive, defense, medical, architectural, automation, and research sectors. Its product portfolio combines proprietary ITEK-branded press brakes featuring the ePrAX servo-hybrid drive system with distributed lines from APEC, TAKAMAKI, SKYMASTER, SUNMILL, and ZMAT (Chinese CNC manufacturers), plus exclusive distribution rights for OMAX waterjet systems across Italy, Malta, Croatia, and Slovenia, and Glory Star Italia fiber laser systems. Named customers include Leonardo S.p.A., Ferrari, Ansaldo (Hitachi Rail), and the Istituto Italiano di Tecnologia (IIT).

The firm operates a consultation-led, enterprise-field-sales go-to-market model, with no public pricing — capital equipment is sold via direct engagement supported by trade show presence (including MECSPE Bari 2025) and a comprehensive product catalog on its website. Revenue is generated primarily through one-time capital equipment sales complemented by an aftermarket service, spare parts, and consumables stream across the installed lifecycle. Exclusive distribution rights, founded on a 1983 China joint venture precedent set by Armando Veneziano, anchor the company's market position.

Itek Veneziano Group Srl is family-owned, currently led by founder Armando's sons Alfonso and Giovanni, with no disclosed external institutional investment. The company employs 16 people and has served approximately 600 clients across Italy over its 40+ year operating history, with stated loyalty metrics of 90 satisfied and 58 fidelized customers.

Short descriptiontext

Itek Veneziano Group Srl is a family-owned Italian industrial machinery distributor founded in 1980, selling CNC machining centers, waterjet systems, fiber lasers, and proprietary press brakes to aerospace, automotive, defense, medical, and manufacturing clients across Italy and select European markets.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersSchio, Veneto, Italy
HQ citystring
Schio, Veneto
HQ countrystring
Italy
HQ regionstring
Europe
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
CNC machining centers, industrial waterjet cutting, fiber laser cutting, CNC press brakes, industrial machinery distribution
Industry2 codes
1CNC Machine Tools (Turning, Milling, Machining Centers)
CodeIMAHADAAPrimaryYes
2Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping)
CodeIMAHADACPrimaryNo
NAICS code2 codes
  • Metalworking Machinery Manufacturing33351
  • Machine Tool Manufacturing333517
SIC code1 code
  • Special Industry Machinery, Nec3559
Product category
Industrial CNC Machinery Distribution
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Industrial Machinery Sales and Distribution
TypeOne Time License
Description

Sale and distribution of CNC machining centers, waterjet cutting systems, fiber laser systems, and press brakes. The company acts as a strategic partner for industrial clients, providing equipment integration and aftermarket support.

venezianogroup.it
2After-Sales Service and Support
TypeHardware Sales
Description

Service, spare parts, and consumables supply for the machines sold, including application assistance throughout the entire lifecycle of installed equipment.

venezianogroup.it
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 6 records shown
1ITEK
Description

Press brake product line offered by Itek Veneziano Group, featuring hydraulic press brakes with tonnage up to 600T and lengths up to 6100mm, compliant with Industry 4.0 standards.

venezianogroup.it
+5 more records
Core offering1 text field

Itek Veneziano Group Srl sells, distributes, and services industrial CNC machinery for cutting, bending, and finishing metal and other materials. Its portfolio includes proprietary ITEK press brakes, distributed CNC machining centers and turning centers (APEC, TAKAMAKI, SKYMASTER, SUNMILL, ZMAT), OMAX waterjet cutting systems, and Glory Star Italia fiber laser systems, sold to Italian industrial manufacturers in aerospace, automotive, defense, medical, architectural, and research sectors.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Up to 75% energy savings with ePrAX servo-hybrid press brake system compared to conventional hydraulic systems
+3 more records
Product overview1 text field

Itek Veneziano Group Srl is a strategic partner for industrial companies since 1980, specializing in the sale and service of CNC machine tools with a focus on cutting, bending, and finishing technologies. The portfolio consists of proprietary ITEK press brakes (sheet metal bending machines) and multiple lines of CNC machining centers and lathes from brands including APEC, TAKAMAKI, SKYMASTER, SUNMILL, and ZMAT, which the company distributes in Italy. The company also serves as exclusive partner for OMAX waterjet systems and distributes Glory Star Italia fiber laser cutting systems. These products serve aerospace, automotive, defense, medical, architectural, automation, and research sectors with technologies aligned to Industry 4.0 standards.

Product and service19 records
1ITEK Pressopiegatrice (CNC Press Brakes)
CategoryPress Brakes / Sheet Metal Bending
Description

Proprietary CNC press brake line for sheet metal bending, available in models from 2500mm to 6000mm bending length with capacities from 1100KN to 4000KN, featuring DELEM or ESA CNC controls, servo-hybrid technology, and tooling up to 600T of pressure.

2APEC Serie SK (5-Axis Gantry Machining Center)
CategoryCNC Machining Centers
Description

5-axis high-speed gantry machining center with U-shaped structure and linear motor drives on X/Y axes, dedicated to aluminum machining for aerospace sector applications.

3APEC Serie G (5-Axis Portal Machining Center)
CategoryCNC Machining Centers
Description

High-speed 5-axis portal machining center designed for mold machining with U-shaped structure and water-cooled spindle drive system.

4APEC G800-TR (5-Axis Gantry with Combined Milling/Turning)
CategoryCNC Machining Centers
Description

5-axis gantry machining center suitable for aerospace engine machining with rapid traverse up to 48 m/min and optional combined milling and turning capability.

5TAKAMAKI Serie MCU (5-Axis Simultaneous Machining Center)
CategoryCNC Machining Centers
Description

5-axis simultaneous machining center capable of heavy milling operations with internally developed high-performance spindles and a rigid gear-driven cradle rotary table for high torque.

6SKYMASTER Linea UM 5 Assi (Double-Column Vertical Machining Center)
CategoryCNC Machining Centers
Description

5-axis double-column vertical machining center widely used in aerospace precision machining, automotive molds, and complex curved surfaces, with direct-drive rotary axes.

7SKYMASTER Linea VM (High-Precision Double-Column VMC)
CategoryCNC Machining Centers
Description

Double-column vertical machining center designed for latest-generation high-precision molds and components, with M-type rib structure and integrated column-traverse design.

8SKYMASTER Linea VM25/30 (Large Double-Column VMC)
CategoryCNC Machining Centers
Description

Large double-column vertical machining center for rough and fine machining of plates, shells, boxes, and molds, with optional automatic universal milling head for 5-face machining.

9SUNMILL Linea JHV (Linear Guide Vertical Machining Center)
CategoryCNC Machining Centers
Description

Linear guide vertical machining center with high transmission efficiency, suitable for high-speed applications with stable precision and low friction wear.

10SUNMILL UH-500 5 Assi (5-Axis Machining Center)
CategoryCNC Machining Centers
Description

5-axis machining center made of high-quality Meehanite cast iron, combining CNC, high-performance servo drives, and precision processing technology for aerospace, military, medical, and automotive industries.

11SUNMILL UX-450 5 Assi (5-Axis Machining Center)
CategoryCNC Machining Centers
Description

5-axis machining center with tilting rotary table for complex surface machining with high efficiency and precision.

12SUNMILL X5-350 5 Assi (Vertical 5-Axis Machining Center)
CategoryCNC Machining Centers
Description

Vertical 5-axis machining center widely used for 5-axis products and complicated mold cutting, with dual-support design on A-axis for optimized rigidity and positioning accuracy.

13ZMAT Star STL (CNC Turning Center)
CategoryCNC Turning Centers
Description

High-performance CNC turning centers designed for installation flexibility, rigidity, and excellent thermal stability with reduced heat accumulation and thermal expansion.

14ZMAT Star FTL (CNC Turning Center)
CategoryCNC Turning Centers
Description

CNC turning center featuring high-quality turret and tailstock on a solid monoblock cast iron base with linear guides protected by stainless steel telescopic covers.

15ZMAT Serie VT (Vertical Machining Center)
CategoryCNC Machining Centers
Description

Vertical machining center suitable for large, heavy, thin-walled or complicated parts, with high-speed spindle group and compact design reducing floor space by 50%.

16ZMAT Serie MC-H (Horizontal Machining Center)
CategoryCNC Machining Centers
Description

High-performance horizontal machining center with high speed, high precision, chip evacuation, and easy maintenance, widely applied across various industries.

17OMAX Waterjet Cutting Systems
CategoryWaterjet Cutting Systems
Description

Waterjet cutting systems distributed exclusively for OMAX Corporation across Italy, Malta, Croatia, and Slovenia, enabling precise cutting of materials including stainless steel, titanium, and delicate materials across a wide range of thicknesses.

18Glory Star Italia Fiber Laser Cutting Systems
CategoryFiber Laser Cutting Systems
Description

Fiber laser cutting solutions for precise cuts and high production rates, especially for metal sheet cutting applications, distributed through the Glory Star Italia brand.

19After-Sales Service, Spare Parts, and Application Support
CategoryIndustrial After-Sales Services
Description

Service, spare parts, consumables, and application assistance provided throughout the full lifecycle of installed CNC machinery, waterjet, laser, and press brake equipment.

Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on1983-01-01
Description

Exclusive partnership for production, distribution, commercialization, service, spare parts, and consumables for OMAX-branded waterjet cutting machines across Italy, Malta, Croatia, and Slovenia. OMAX is a US-based manufacturer of waterjet cutting systems.

2Chinese CNC Manufacturing Partners (APEC, TAKAMAKI, SKYMASTER, SUNMILL, ZMAT)
Strategic tierCoreTypeTechnology or IntegrationAnnounced on1983-01-01
Description

Partnerships with leading Chinese manufacturers of CNC machining centers and turning machines. Armando Veneziano was the first Italian operator to sign a joint venture agreement in China in 1983, establishing the foundation for these ongoing commercial and industrial production partnerships.

venezianogroup.it
Strategic tierFlagshipTypeOthers
Description

Longstanding customer relationship for the supply of precision CNC equipment and application assistance for aerospace component manufacturing in aluminum and titanium alloys, serving aircraft programs within the Leonardo group.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Italian manufacturer of sheet metal processing machinery including press brakes, laser cutters, and panel benders. Directly comparable as an Italian-headquartered industrial machinery specialist competing in similar press brake and cutting equipment categories served by Itek.

TypeBroad incumbent
Description

Italy/Finland-based manufacturer of sheet metal fabrication machinery (laser cutting, punching, bending, shear). Overlaps with Itek's press brake and laser cutting distribution activities in the Italian industrial market.

TypeDirect peer
Description

US-based manufacturer of waterjet cutting systems, comparable to OMAX (which Itek distributes). Operates in the same waterjet cutting category and competes with OMAX for end-customer share, making it a close alternative for Itek's waterjet customers.

TypeBroad incumbent
Description

German global leader in machine tools, laser technology, and sheet metal processing. Competes with Itek's fiber laser cutting portfolio (Glory Star Italia) and broader CNC machinery offering as an incumbent with significantly greater scale and R&D.

TypeBroad incumbent
Description

Swiss-headquartered global manufacturer of press brakes, laser cutting systems, and automation for sheet metal processing. A direct competitor to the press brake and fiber laser product lines Itek distributes, but with much larger global scale.

6APEC Precision Machining
TypeDirect peer
Description

Taiwan/China-based manufacturer of high-speed 5-axis gantry machining centers, including the SK and G series that Itek distributes exclusively in Italy. Operates in the same product category and serves overlapping aerospace/mold-making customers.

TypeBroad incumbent
Description

Global leader in CNC machine tools including 5-axis machining centers. Competes directly with the APEC, TAKAMAKI, SKYMASTER, and SUNMILL distributed CNC lines in the Italian market, though with vastly larger scale and proprietary technology.

TypeBroad incumbent
Description

Japanese global manufacturer of CNC machine tools including multi-axis machining centers and turning centers. Competes in the same 5-axis and CNC turning categories as the SUNMILL, ZMAT, and APEC product lines Itek distributes.

TypeBroad incumbent
Description

Belgian manufacturer of press brakes, laser cutting machines, and shears. Comparable as a press brake and laser cutting competitor in the European market, targeting similar industrial fabricators served by Itek.

TypeDirect peer
Description

US-based manufacturer of abrasive waterjet cutting systems. Itek holds exclusive distribution rights for OMAX in Italy, Malta, Croatia, and Slovenia, making the OMAX product line a core part of Itek's portfolio and a directly comparable technology offering.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers5 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment8 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature9 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Itek Veneziano Group Srl

Industrial CNC Machinery Distributionvenezianogroup.it

Itek Veneziano Group Srl is a family-owned Italian industrial machinery distributor founded in 1980, selling CNC machining centers, waterjet systems, fiber lasers, and proprietary press brakes to aerospace, automotive, defense, medical, and manufacturing clients across Italy and select European markets.

What Itek Veneziano Group Srl does

Itek Veneziano Group Srl is an Italian industrial machinery distributor founded in 1980 by Armando Veneziano and headquartered in Schio, Veneto, with a secondary office in Scafati, Campania. The company sells, services, and provides application support for CNC machining centers, waterjet cutting systems, fiber laser cutting systems, and CNC press brakes to industrial manufacturers across aerospace, automotive, defense, medical, architectural, automation, and research sectors. Its product portfolio combines proprietary ITEK-branded press brakes featuring the ePrAX servo-hybrid drive system with distributed lines from APEC, TAKAMAKI, SKYMASTER, SUNMILL, and ZMAT (Chinese CNC manufacturers), plus exclusive distribution rights for OMAX waterjet systems across Italy, Malta, Croatia, and Slovenia, and Glory Star Italia fiber laser systems. Named customers include Leonardo S.p.A., Ferrari, Ansaldo (Hitachi Rail), and the Istituto Italiano di Tecnologia (IIT).

The firm operates a consultation-led, enterprise-field-sales go-to-market model, with no public pricing — capital equipment is sold via direct engagement supported by trade show presence (including MECSPE Bari 2025) and a comprehensive product catalog on its website. Revenue is generated primarily through one-time capital equipment sales complemented by an aftermarket service, spare parts, and consumables stream across the installed lifecycle. Exclusive distribution rights, founded on a 1983 China joint venture precedent set by Armando Veneziano, anchor the company's market position.

Itek Veneziano Group Srl is family-owned, currently led by founder Armando's sons Alfonso and Giovanni, with no disclosed external institutional investment. The company employs 16 people and has served approximately 600 clients across Italy over its 40+ year operating history, with stated loyalty metrics of 90 satisfied and 58 fidelized customers.

Itek Veneziano Group Srl firmographics

Firmographics
Name
Itek Veneziano Group Srl
Legal name
Itek Veneziano Group Srl
Website
https://venezianogroup.it
Company type
Private
Founded year
1980
Operating status
Operating
Headcount range
11–50 employees
Short description
Itek Veneziano Group Srl is a family-owned Italian industrial machinery distributor founded in 1980, selling CNC machining centers, waterjet systems, fiber lasers, and proprietary press brakes to aerospace, automotive, defense, medical, and manufacturing clients across Italy and select European markets.
Ownership category
akta.pro rank

Itek Veneziano Group Srl industry classification

Industry
Product category
Industrial CNC Machinery Distribution
NAICS
Metalworking Machinery Manufacturing (33351), Machine Tool Manufacturing (333517)
SIC
Special Industry Machinery, Nec (3559)
akta.pro primary industry
CNC Machine Tools (Turning, Milling, Machining Centers) (IMAHADAA)
akta.pro secondary industry
Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping) (IMAHADAC)

Keywords

  • CNC machining centers
  • Industrial waterjet cutting
  • Fiber laser cutting
  • CNC press brakes
  • Industrial machinery distribution

Where Itek Veneziano Group Srl is headquartered

Location

Headquarters

HQ city
Schio, Veneto
HQ country
Italy
HQ region
Europe

Offices2 records

Markets served

Itek Veneziano Group Srl 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

Revenue model

  1. Industrial Machinery Sales and Distribution: Sale and distribution of CNC machining centers, waterjet cutting systems, fiber laser systems, and press brakes. The company acts as a strategic partner for industrial clients, providing equipment integration and aftermarket support.
  2. After-Sales Service and Support: Service, spare parts, and consumables supply for the machines sold, including application assistance throughout the entire lifecycle of installed equipment.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Itek Veneziano Group Srl product offering

Product offering

Core offering

Itek Veneziano Group Srl sells, distributes, and services industrial CNC machinery for cutting, bending, and finishing metal and other materials. Its portfolio includes proprietary ITEK press brakes, distributed CNC machining centers and turning centers (APEC, TAKAMAKI, SKYMASTER, SUNMILL, ZMAT), OMAX waterjet cutting systems, and Glory Star Italia fiber laser systems, sold to Italian industrial manufacturers in aerospace, automotive, defense, medical, architectural, and research sectors.

Product overview

Itek Veneziano Group Srl is a strategic partner for industrial companies since 1980, specializing in the sale and service of CNC machine tools with a focus on cutting, bending, and finishing technologies. The portfolio consists of proprietary ITEK press brakes (sheet metal bending machines) and multiple lines of CNC machining centers and lathes from brands including APEC, TAKAMAKI, SKYMASTER, SUNMILL, and ZMAT, which the company distributes in Italy. The company also serves as exclusive partner for OMAX waterjet systems and distributes Glory Star Italia fiber laser cutting systems. These products serve aerospace, automotive, defense, medical, architectural, automation, and research sectors with technologies aligned to Industry 4.0 standards.

Differentiator

Problem solved

Functional benefit

Brands

  • ITEK: Press brake product line offered by Itek Veneziano Group, featuring hydraulic press brakes with tonnage up to 600T and lengths up to 6100mm, compliant with Industry 4.0 standards.
  • APEC
  • TAKAMAKI
  • SKYMASTER
  • SUNMILL
  • ZMAT

Products and services

  • ITEK Pressopiegatrice (CNC Press Brakes) Proprietary CNC press brake line for sheet metal bending, available in models from 2500mm to 6000mm bending length with capacities from 1100KN to 4000KN, featuring DELEM or ESA CNC controls, servo-hybrid technology, and tooling up to 600T of pressure.
  • APEC Serie SK (5-Axis Gantry Machining Center) 5-axis high-speed gantry machining center with U-shaped structure and linear motor drives on X/Y axes, dedicated to aluminum machining for aerospace sector applications.
  • APEC Serie G (5-Axis Portal Machining Center) High-speed 5-axis portal machining center designed for mold machining with U-shaped structure and water-cooled spindle drive system.
  • APEC G800-TR (5-Axis Gantry with Combined Milling/Turning) 5-axis gantry machining center suitable for aerospace engine machining with rapid traverse up to 48 m/min and optional combined milling and turning capability.
  • TAKAMAKI Serie MCU (5-Axis Simultaneous Machining Center) 5-axis simultaneous machining center capable of heavy milling operations with internally developed high-performance spindles and a rigid gear-driven cradle rotary table for high torque.
  • SKYMASTER Linea UM 5 Assi (Double-Column Vertical Machining Center) 5-axis double-column vertical machining center widely used in aerospace precision machining, automotive molds, and complex curved surfaces, with direct-drive rotary axes.
  • SKYMASTER Linea VM (High-Precision Double-Column VMC) Double-column vertical machining center designed for latest-generation high-precision molds and components, with M-type rib structure and integrated column-traverse design.
  • SKYMASTER Linea VM25/30 (Large Double-Column VMC) Large double-column vertical machining center for rough and fine machining of plates, shells, boxes, and molds, with optional automatic universal milling head for 5-face machining.
  • SUNMILL Linea JHV (Linear Guide Vertical Machining Center) Linear guide vertical machining center with high transmission efficiency, suitable for high-speed applications with stable precision and low friction wear.
  • SUNMILL UH-500 5 Assi (5-Axis Machining Center) 5-axis machining center made of high-quality Meehanite cast iron, combining CNC, high-performance servo drives, and precision processing technology for aerospace, military, medical, and automotive industries.
  • SUNMILL UX-450 5 Assi (5-Axis Machining Center) 5-axis machining center with tilting rotary table for complex surface machining with high efficiency and precision.
  • SUNMILL X5-350 5 Assi (Vertical 5-Axis Machining Center) Vertical 5-axis machining center widely used for 5-axis products and complicated mold cutting, with dual-support design on A-axis for optimized rigidity and positioning accuracy.
  • ZMAT Star STL (CNC Turning Center) High-performance CNC turning centers designed for installation flexibility, rigidity, and excellent thermal stability with reduced heat accumulation and thermal expansion.
  • ZMAT Star FTL (CNC Turning Center) CNC turning center featuring high-quality turret and tailstock on a solid monoblock cast iron base with linear guides protected by stainless steel telescopic covers.
  • ZMAT Serie VT (Vertical Machining Center) Vertical machining center suitable for large, heavy, thin-walled or complicated parts, with high-speed spindle group and compact design reducing floor space by 50%.
  • ZMAT Serie MC-H (Horizontal Machining Center) High-performance horizontal machining center with high speed, high precision, chip evacuation, and easy maintenance, widely applied across various industries.
  • OMAX Waterjet Cutting Systems Waterjet cutting systems distributed exclusively for OMAX Corporation across Italy, Malta, Croatia, and Slovenia, enabling precise cutting of materials including stainless steel, titanium, and delicate materials across a wide range of thicknesses.
  • Glory Star Italia Fiber Laser Cutting Systems Fiber laser cutting solutions for precise cuts and high production rates, especially for metal sheet cutting applications, distributed through the Glory Star Italia brand.
  • After-Sales Service, Spare Parts, and Application Support Service, spare parts, consumables, and application assistance provided throughout the full lifecycle of installed CNC machinery, waterjet, laser, and press brake equipment.

Quantifiable outcome

  • Up to 75% energy savings with ePrAX servo-hybrid press brake system compared to conventional hydraulic systems
  • +3 more outcomes

Companies that use Itek Veneziano Group Srl

Customer profile

Named customers5 records

Segments8 records

Ideal customer profiles4 records

Itek Veneziano Group Srl technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature9 records

Itek Veneziano Group Srl partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered core and flagship.

  • OMAX Corporation (USA)coreChannel Partner/ Reseller/ Distributor · 1 January 1983Exclusive partnership for production, distribution, commercialization, service, spare parts, and consumables for OMAX-branded waterjet cutting machines across Italy, Malta, Croatia, and Slovenia. OMAX is a US-based manufacturer of waterjet cutting systems.
  • Chinese CNC Manufacturing Partners (APEC, TAKAMAKI, SKYMASTER, SUNMILL, ZMAT)coreTechnology or Integration · 1 January 1983Partnerships with leading Chinese manufacturers of CNC machining centers and turning machines. Armando Veneziano was the first Italian operator to sign a joint venture agreement in China in 1983, establishing the foundation for these ongoing commercial and industrial production partnerships.
  • Leonardo S.p.A. (formerly AugustaWestland and Alenia Aeronautica)flagshipOthersLongstanding customer relationship for the supply of precision CNC equipment and application assistance for aerospace component manufacturing in aluminum and titanium alloys, serving aircraft programs within the Leonardo group.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Itek Veneziano Group Srl competitors and assessment

Company assessment

Broad incumbents

  • Salvagnini: Italian manufacturer of sheet metal processing machinery including press brakes, laser cutters, and panel benders. Directly comparable as an Italian-headquartered industrial machinery specialist competing in similar press brake and cutting equipment categories served by Itek.
  • Prima Power: Italy/Finland-based manufacturer of sheet metal fabrication machinery (laser cutting, punching, bending, shear). Overlaps with Itek's press brake and laser cutting distribution activities in the Italian industrial market.
  • TRUMPF: German global leader in machine tools, laser technology, and sheet metal processing. Competes with Itek's fiber laser cutting portfolio (Glory Star Italia) and broader CNC machinery offering as an incumbent with significantly greater scale and R&D.
  • Bystronic: Swiss-headquartered global manufacturer of press brakes, laser cutting systems, and automation for sheet metal processing. A direct competitor to the press brake and fiber laser product lines Itek distributes, but with much larger global scale.
  • DMG Mori: Global leader in CNC machine tools including 5-axis machining centers. Competes directly with the APEC, TAKAMAKI, SKYMASTER, and SUNMILL distributed CNC lines in the Italian market, though with vastly larger scale and proprietary technology.
  • Mazak: Japanese global manufacturer of CNC machine tools including multi-axis machining centers and turning centers. Competes in the same 5-axis and CNC turning categories as the SUNMILL, ZMAT, and APEC product lines Itek distributes.
  • LVD Group: Belgian manufacturer of press brakes, laser cutting machines, and shears. Comparable as a press brake and laser cutting competitor in the European market, targeting similar industrial fabricators served by Itek.

Direct peers

  • Flow International (Shape Technologies): US-based manufacturer of waterjet cutting systems, comparable to OMAX (which Itek distributes). Operates in the same waterjet cutting category and competes with OMAX for end-customer share, making it a close alternative for Itek's waterjet customers.
  • APEC Precision Machining: Taiwan/China-based manufacturer of high-speed 5-axis gantry machining centers, including the SK and G series that Itek distributes exclusively in Italy. Operates in the same product category and serves overlapping aerospace/mold-making customers.
  • OMAX Corporation: US-based manufacturer of abrasive waterjet cutting systems. Itek holds exclusive distribution rights for OMAX in Italy, Malta, Croatia, and Slovenia, making the OMAX product line a core part of Itek's portfolio and a directly comparable technology offering.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Itek Veneziano Group Srl social profiles

Digital presence

Itek Veneziano Group Srl financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Itek Veneziano Group Srl leadership team

Management profile

Number of profiles

Profiles2 records

Itek Veneziano Group Srl funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Itek Veneziano Group Srl M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Itek Veneziano Group Srl

What does Itek Veneziano Group Srl do?

Itek Veneziano Group Srl sells, distributes, and services industrial CNC machinery for cutting, bending, and finishing metal and other materials. Its portfolio includes proprietary ITEK press brakes, distributed CNC machining centers and turning centers (APEC, TAKAMAKI, SKYMASTER, SUNMILL, ZMAT), OMAX waterjet cutting systems, and Glory Star Italia fiber laser systems, sold to Italian industrial manufacturers in aerospace, automotive, defense, medical, architectural, and research sectors.

Is Itek Veneziano Group Srl a public or private company?

Itek Veneziano Group Srl is a private company. It is classified as family owned and is currently operating.

When was Itek Veneziano Group Srl founded?

Itek Veneziano Group Srl was founded in 1980. It employs 11 to 50 people.

Where is Itek Veneziano Group Srl based?

Itek Veneziano Group Srl is headquartered in Schio, Veneto, Italy, in the Europe region.

How does Itek Veneziano Group Srl make money?

Two revenue lines are on record. Industrial Machinery Sales and Distribution is the primary driver. The others are after-Sales Service and Support.

Who are Itek Veneziano Group Srl's main competitors?

Broad incumbents on record are Salvagnini, Prima Power, TRUMPF, Bystronic, DMG Mori, Mazak and LVD Group. Direct peers are Flow International (Shape Technologies), APEC Precision Machining and OMAX Corporation.

Does Itek Veneziano Group Srl have an API?

No public API is recorded for Itek Veneziano Group Srl.

What industry is Itek Veneziano Group Srl in?

Itek Veneziano Group Srl's product category is Industrial CNC Machinery Distribution. Its primary akta.pro industry code is IMAHADAA, CNC Machine Tools (Turning, Milling, Machining Centers), with a secondary code of IMAHADAC, Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping). Its NAICS code is 33351 and its SIC code is 3559.

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