What Industry Technology does

Industry Technology OÜ is a private Estonian B2B industrial supplier founded in 2022 and headquartered in Narva, Estonia. The company sources, delivers, and services CNC machine spare parts, components, and equipment from major manufacturers including HEIDENHAIN, SIEMENS, RENISHAW, BALLUFF, BOSCH, and FANUC for industrial manufacturers operating CNC equipment, primarily across Europe. The company operates a warehouse and shipping facility at Lääne 7, Narva, supplied via direct contracts with European manufacturers and distributors, and ships to customers using proven carriers by road and air. Pricing is quote-based and intended to reflect direct sourcing without intermediaries. Customer contact is sales-led via phone, email, and messaging platforms (Telegram, WhatsApp, Viber), with no published price list, no enterprise self-service channel, and no publicly disclosed customer logos.

The company runs three revenue lines: (1) one-time sale of spare parts and equipment sourced from manufacturers in Europe and the USA, covering linear and rotary encoders, power supplies, drives, motors, touch probes, bearings, guides, and modernization components; (2) professional repair, maintenance, and modernization services for HEIDENHAIN, SIEMENS, and FANUC systems, including on-site and service-center repairs, programming, error correction, post-processor authoring, PLC programming, data recovery, options installation, and 6-month warranted repair work; and (3) logistics services for clients procuring goods from China, the USA, and Taiwan when those clients cannot purchase directly. Free diagnostics on HEIDENHAIN and SIEMENS equipment function as a customer-acquisition lever into the repair book.

The business model is an industrial intermediation and services play priced per quote rather than per subscription. There are no disclosed financials, no funding rounds, no institutional investors, no headcount figures, no listed management team, and no certifications, awards, or patents - the founder group is described as specialists in complex international supply, and the company appears to be operating as a bootstrapped, founder/management-owned entity. Underlying technology is conventional CNC-domain know-how plus modern diagnostic and repair equipment paired with access to original spare parts and refurbished SIEMENS blocks from Germany, with no software platform or AI components evidenced.

Name

Industry Technology

Legal name

Industry Technology OÜ

Website

https://intec.ee

Company type

Private

Founded year

2022

Operating status

Operating

Short description

Industry Technology OÜ is an Estonian B2B supplier founded in 2022 that sources and delivers CNC machine spare parts and equipment from major manufacturers (HEIDENHAIN, SIEMENS, RENISHAW, FANUC) to industrial manufacturers, alongside repair, maintenance, and procurement-logistics services.

Ownership category

akta.pro rank

Product category

Industrial Equipment Supply & CNC Services

NAICS

Other General Purpose Machinery Manufacturing (3339), All Other Miscellaneous General Purpose Machinery Manufacturing (333998)

SIC

General Industrial Machinery & Equipment, Nec (3569), Wholesale-Electronic Parts & Equipment, Nec (5065)

akta.pro primary industry

Industrial Controllers & Control Systems (PLCs, PACs, CNC Controllers) (IMAHAHAH)

akta.pro secondary industries

Motion & Machine Control (CNC, Robotics Controllers, Servo/Motion Controllers) (IMAGABAG), Motion Control Controllers & CNC/Robot Drives (Motion Controllers, Multi-axis) (IMAGACAH)

Keywords

• CNC spare parts supply
• Industrial equipment repair
• CNC machine maintenance
• Industrial supply intermediation
• Equipment logistics services

Headquarters

HQ city

Narva

HQ country

Estonia

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Spare Parts and Equipment Sales: Sale of spare parts and components for CNC machines sourced from manufacturers and distributors in Europe and the USA
2. CNC Repair and Maintenance Services: Repair services for CNC machines including on-site and service center repairs with 6-month warranty on all work
3. Logistics Services: Logistics services for goods purchased by clients in China, USA, or Europe when they do not have direct purchasing capability

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Industry Technology sources and delivers CNC machine spare parts and components directly from European and US manufacturers such as HEIDENHAIN, SIEMENS, Renishaw, BALLUFF, and BOSCH, and ships them from its own European warehouse. It also provides free diagnostics and comprehensive repair, modernization, and maintenance services for HEIDENHAIN, SIEMENS, and FANUC CNC equipment, plus logistics and import support for goods purchased by clients in China, the USA, and Taiwan.

Product overview

Industry Technology is a B2B supplier and service provider specializing in complex deliveries of CNC machine spare parts and equipment from manufacturers including HEIDENHAIN, SIEMENS, and Renishaw. The company operates a dual offering: (1) a spare parts supply business offering linear encoders, rotation encoders, power supplies, drives, motors, touch probes, sensors, and automation components sourced from Europe and the USA; and (2) a comprehensive repair and service division providing diagnostics, repair, and modernization for CNC machines and their components. Services include CNC programming, PLC programming, data recovery, and equipment restoration, all supported by the company's own warehouse in Europe.

Differentiator

Problem solved

Functional benefit

Products and services

• Spare Parts and Equipment Supply Complex deliveries of spare parts and components for CNC machines sourced from manufacturers and distributors in Europe and the USA, including tools, equipment, modernization components, bearings, guides, and attachments. Targeted at industrial manufacturers operating CNC equipment.
• HEIDENHAIN Products
• Siemens Products Supply of Siemens motors, servomotors, control and measuring devices, automation systems, and components for CNC machines, including refurbished Siemens blocks sourced from Germany. Targeted at industrial manufacturers with Siemens-equipped CNC machinery.
• Renishaw Products Supply of Renishaw sensors, CMM upgrades, sensors and software for CNC machines, machine calibration devices, mounting hardware, contact probes for machine tools, optical encoders (open and closed type), magnetic encoders, and interferometric laser encoders. Targeted at industrial manufacturers using Renishaw components.
• Repair and Service Comprehensive equipment repair services for CNC machines including on-site servicing, modernization, and repair on customer territory and at the service center. Targeted at industrial manufacturers operating CNC equipment.
• CNC Machine Maintenance and Modernization Servicing, modernization, and repair of CNC machines (HEIDENHAIN, SIEMENS, FANUC) including CNC programming, error correction, post-processor writing, PLC programming, data recovery, installation of additional options, and service training. Targeted at industrial manufacturers needing CNC programming, modernization, or recovery support.
• Equipment Diagnostics and Repair Free diagnostics and repair of HEIDENHAIN and SIEMENS equipment including power supplies, drives, motors, and feedback sensors (linear, circular, angular displacement). Includes a 6-month warranty on all repair work. Targeted at industrial customers operating HEIDENHAIN or SIEMENS CNC equipment.
• Logistics Services Logistics and delivery services for goods purchased by clients from China, USA, or Taiwan when they do not have direct purchasing capability, including end-to-end supply chain management from manufacturers to customer. Targeted at European businesses that lack direct overseas sourcing and import capability.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Five partnerships are on record, tiered core and secondary.

• HEIDENHAINcoreOthersPrimary supplier of linear motion sensors, angle encoders, rotation encoders, power supplies, drives, motors, and touch probes for CNC machines
• SIEMENScoreOthersSupplier of motors, servomotors, control and measuring devices, and automation systems; also provides repair services for SIEMENS blocks with restored replacements from Germany
• RENISHAWcoreOthersSupplier of sensors, software for CNC machines and CMM upgrades, calibration devices, mounting hardware, contact probes, and various encoder types (optical, magnetic, laser interferometric)
• BALLUFFsecondaryOthersListed as one of the manufacturers the company is ready to supply products from
• BOSCHsecondaryOthersListed as one of the manufacturers the company is ready to supply products from

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• HEIDENHAIN: OEM manufacturer of CNC controllers, encoders, and drives — listed as Industry Technology's primary supplier and also competes directly with it for end-customer service contracts in some markets.
• Siemens: OEM manufacturer of SINUMERIK CNC controllers, drives and motors; a key supplier to Industry Technology but also a direct sales competitor for service contracts and parts on the same installed base.
• FANUC: Global CNC controller and robotics OEM whose installed base Industry Technology services (FANUC repair offerings); a broad incumbent whose direct service network competes for the same repair revenue.
• MSC Industrial Direct: Large US-headquartered industrial MRO distributor with broad SKU coverage including cutting tools, machine components, and CNC accessories — overlapping on the spare parts/intermediation side but at vastly greater scale and breadth.
• Renishaw: OEM manufacturer of encoders, probes, and CMM equipment; listed as a supplier partner and also sells direct into the same European manufacturers Industry Technology serves.
• Grainger: Large North American industrial MRO distributor with growing European presence; competes for the same B2B spare parts spend though at much broader scale and with stronger digital procurement tools.

Direct peers

• Automation24: European online distributor of automation components (sensors, controllers, drives) from brands including Siemens and other major OEMs; competes for the same B2B industrial buyer purchasing spare parts online.
• Radwell International: Industrial automation parts distributor and repair house (MRO), with core focus on stocking and remanufacturing parts for PLCs, drives, motors, and CNC equipment — directly overlapping Industry Technology's spare parts plus repair model.

Regional players

• Würth Industrie: European industrial supply specialist serving manufacturers with fastening, tooling, and MRO products; comparable B2B distribution model targeting European industrial customers similar to Industry Technology's core market.
• Hoffmann Group: European quality tooling, metrology, and workshop supplies distributor with strong manufacturer relationships — comparable as a European industrial supply intermediary serving CNC/metalworking customers.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

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 Industry Technology