What AXTER COLETANCHE INC. does

Axter Coletanche Inc. is the North American (Canada-based) subsidiary of Axter's COLETANCHE business, a French manufacturer of bituminous geomembranes used to waterproof civil engineering structures. The company's core product, COLETANCHE®, is a composite geomembrane built from long-fiber needle-punched geotextile and glass veil impregnated with bitumen compound at approximately 180°C, produced at a unique 5.10-meter width that reduces installation seams at civil engineering scale. The product line spans multiple variants — TP4, ES1–ES4, NTP3/NTP4, SC1, XP3, and HFA hot-formulated versions — serving four principal use cases: environmental protection (landfill caps, biogas barriers, mining waste containment), hydraulic infrastructure (dams, reservoirs, canals, drinking water storage), transport infrastructure (railways, airports, roads, underground works), and a recently added solar-installation vertical. Self-healing bitumen behavior around perforations, NSF/ANSI 61 certification for potable water contact, and 40-plus year field durability form the technical and regulatory core of the value proposition.

COLETANCHE is manufactured at a single ISO 9001/14001-certified facility in Courchelettes, France, with annual production capacity above 30 million m². The company distributes through a direct enterprise sales model: a Paris headquarters manages France and international commerce, and eight wholly-owned regional subsidiaries — Axter Ibèrica (Spain), Axter Limited (UK), Axter CZ (Czech Republic/Slovakia), Axter Australia, Axter Coletanche Inc. (Canada), IKO Coletanche USA, IKO Coletanche Sudamerica SpA (Chile), and a regional HQ in Illzach covering Central/Northern/Eastern Europe and CIS — sell direct to civil engineering contractors, mining operators, water utilities, and government infrastructure buyers across more than 70 countries. Technical support, on-site installation training, and welding certification are delivered by internal COLETANCHE technicians, and pricing is set via project-specific quotations rather than published rates. More than 50% of production is exported.

Since late 2020, Axter and its COLETANCHE subsidiary have operated as part of the IKO Group, an international conglomerate specializing in roofing, insulation, and waterproofing. The company is privately held, with no public listing, no disclosed revenue, and no disclosed headcount. Its competitive position rests on a dense stack of certifications (CE, ASQUAL, NSF/ANSI 61, SNCF, ISO 9001/14001, six EN standards covering reservoirs, canals, tunnels, liquid/solid waste, and transport infrastructure), 30-plus years of installation history across 70+ countries, and a service-intensive direct-sales model that combines materials supply with certified installer training.

Name

AXTER COLETANCHE INC.

Legal name

Axter

Website

https://coletanche.com

Company type

Private

Founded year

2009

Operating status

Operating

Short description

Axter Coletanche Inc. is the Canadian subsidiary of Axter's COLETANCHE business, manufacturing certified bituminous geomembranes for waterproofing civil engineering projects — including dams, landfills, railways, airports, and canals — sold directly to contractors, utilities, mining firms, and governments across 70-plus countries.

Ownership category

akta.pro rank

Product category

Civil Engineering Waterproofing Geomembranes

NAICS

Paint and Coating Manufacturing (325510)

SIC

Paints, Varnishes, Lacquers, Enamels & Allied Prods (2851)

akta.pro primary industry

Rubber Linings, Coatings & Corrosion Protection (Tanks, Pipes, Chutes) (IMANALAH)

Keywords

• Bituminous geomembranes
• Civil engineering waterproofing
• Waterproofing geomembrane manufacturing
• Hydraulic structure liners
• Environmental containment membranes

Headquarters

HQ city

Montréal

HQ country

Canada

HQ region

North America

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Geomembrane Product Sales: Sale of COLETANCHE bituminous geomembrane products in various product ranges (TP4, ES, NTP series) to civil engineering contractors, mining companies, government infrastructure projects, and water management authorities.
2. Technical Services: On-site installation training, technical support, and quality control services provided by internal COLETANCHE technicians. Includes training of installation teams and welding certification.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Axter Coletanche manufactures and sells the COLETANCHE® line of bituminous geomembranes — composite membranes made of long-fiber needle-punched geotextile and glass veil impregnated with bitumen compound at approximately 180°C, with a unique 5.10 meter width designed for civil engineering waterproofing. The product line spans multiple variants (TP4, ES1–ES4, NTP3/NTP4, SC1, XP3, HFA) serving environmental protection (landfills, mining waste covers, biogas barriers), hydraulic structures (dams, reservoirs, canals), and transport infrastructure (airports, railways, roads, underground works). The company also provides on-site installation training, technical support, and welding certification through internal COLETANCHE technicians.

Product overview

COLETANCHE® is a single unified product line of bituminous geomembranes manufactured by Axter for waterproofing civil engineering structures. The product line consists of multiple variants including TP4 (standard civil engineering), ES (ES1/ES2/ES3/ES4 for hydraulic applications with NSF drinking water certification), SC1 (road applications), NTP4/NTP3 (transport infrastructure), XP3 (pond applications), and HFA hot-formulated variants. All products feature a unique 5.10m width composite structure with needle-punched geotextile and glass veil impregnated with bitumen. The portfolio serves three main application domains: environmental protection (landfills, mining waste covers, biogas barriers), hydraulic structures (dams, reservoirs, canals), and transport infrastructure (railways, airports, roads, underground works).

Differentiator

Problem solved

Functional benefit

Brands

• COLETANCHE XP3: Bituminous geomembrane product line for civil engineering waterproofing
• COLETANCHE ES1/ES2/ES3/ES4
• COLETANCHE NTP4
• COLETANCHE SC1
• COLETANCHE Solar

Products and services

• COLETANCHE® Bituminous Geomembrane A bituminous geomembrane with a unique composite structure (long-fiber needle-punched geotextile and glass veil impregnated with bitumen compound at approximately 180°C) manufactured in a 5.10 meter width. Designed for waterproofing civil engineering structures across environmental protection (landfills, mining waste covers, biogas barriers), hydraulic structures (dams, reservoirs, canals), and transport infrastructure (airports, railways, roads, underground works). The product line encompasses variants tailored to specific applications: TP4 (standard civil engineering), ES1/ES2/ES3/ES4 (hydraulic, with NSF/ANSI 61 drinking water certification for ES2 and ES3), NTP3/NTP4 (transport infrastructure), SC1 (road ditches and drainage), XP3 (pond/basin), and HFA hot-formulated variants. Features high puncture resistance, self-healing bitumen around perforations, and UV/weather resistance enabling exposed applications without additional protection.
• COLETANCHE Technical Services and Installation Training On-site installation training, technical support, and quality control services delivered by internal COLETANCHE technicians. Includes training of installation teams and welding certification for the application of COLETANCHE geomembranes on civil engineering projects.

Quantifiable outcome

• 30+ million m² installed worldwide
• +4 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered minor.

• AFNORminorOthersAFNOR (Association Française de Normalisation) is an international group serving general interest and economic development of organizations. Provides standards and certification services.
• ASQUALminorOthersFrench organization certifying numerous trades and products in construction and civil engineering sectors. ASQUAL provides certification for geomembrane products and installers.
• ASTM InternationalminorOthersAmerican organization that develops technical standards on product quality, safety and performance. COLETANCHE products comply with ASTM standards for various international markets.
• Comité Français des Géosynthétiques (CFG)minorOthersFrench geosynthetics committee with COLETANCHE as a member as a bituminous waterproofing geomembrane producer. Administered by Board of Directors including Bertrand Breul, Coletanche's Civil Engineering Manager.
• Industrial Fabrics Association International (IFAI)minorOthersInternational association of companies representing the international specialty fabrics market. IFAI serves as a professional network for the geosynthetics industry.
• NSF InternationalminorOthersEuropean certifications for products related to the food chain. Coletanche geomembranes are NSF certified for water management structures in contact with drinking water (NSF/ANSI 61).

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Firestone Building Products (Holcim Solutions & Products): Manufacturer of EPDM and TPO waterproofing membranes for roofing and infrastructure, now part of Holcim. Competes with COLETANCHE in waterproofing of large civil engineering projects, particularly in the Americas.
• Carlisle Construction Materials: Major North American manufacturer of roofing and waterproofing membranes including EPDM and TPO systems, with growing exposure to civil engineering. Competes with COLETANCHE in waterproofing specifications for infrastructure projects.
• Officine Maccaferri: Global provider of geosynthetics and civil engineering solutions including geomembranes used in environmental, hydraulic, and transport infrastructure — overlapping with COLETANCHE in containment and slope stabilization applications.
• Soprema: Global major in waterproofing membranes including bituminous and synthetic systems for roofing and civil engineering. Directly competes with COLETANCHE in bituminous membrane applications and could leverage broader portfolio scale to undercut on price.
• Sika AG: Global specialty chemicals company providing waterproofing, sealing, and bonding solutions for construction and infrastructure. Overlaps with COLETANCHE in waterproofing and concrete protection across dams, tunnels, and reservoirs.

Others

• IKO Group: Parent company of Axter and COLETANCHE since late 2020, IKO Group is a major international player in roofing, insulation, and waterproofing. Listed here as the broader group rather than a competitor, but is the structural basis for COLETANCHE's current scale and reach.

Direct peers

• AGRU America: AGRU America manufactures HDPE, LLDPE, and other geomembrane liners for containment, mining, and water infrastructure projects, competing directly with COLETANCHE in civil engineering waterproofing tenders across the Americas.
• Atarfil: Spanish manufacturer of geomembranes (HDPE, LLDPE, PVC) for environmental, mining, and water infrastructure applications, directly competing with COLETANCHE in the European and Latin American civil engineering waterproofing market.
• Solmax: Solmax (formerly GSE Environmental / Solmax International) is one of the world's largest manufacturers of geosynthetics, including HDPE and LLDPE geomembranes used in mining, environmental, and civil engineering applications — directly competing with COLETANCHE in the same specification-driven waterproofing market.
• NAUE GmbH & Co. KG: NAUE is a German manufacturer of geosynthetics including bentonite-based and polymeric geomembranes used in landfills, mining, and hydraulic engineering — a direct competitor in the engineered waterproofing membranes market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UC1CnMsAoq8YkYEoyYIijmWQ/featured
• LinkedInlinkedin.com/company/coletanche

Compliance12 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries7 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 AXTER COLETANCHE INC.