Nicro S.p.a.

What Nicro S.p.a. does

Nicro S.p.A. is a privately held Italian industrial manufacturer founded in 1984 and headquartered in Vailate, Cremona, Italy. The company specializes in the design, engineering, and production of components manufactured from high-nickel-content steel alloys (including Inconel, Incoloy, Nicrofer, Avesta 253MA, Alloy 600/601/617, and duplex/super duplex stainless steels) intended for service in extreme-temperature and corrosive industrial environments. Its product portfolio spans muffles and retorts, bell furnace components (bells, bases, diffusers), convection fans, radiant tubes, custom heat treatment accessories, marine scrubbers, and Oil & Gas components such as flare tips, with manufacturing capacity for individual components up to 20 meters in length at its 9,100 m² covered facility. Nicro operates an integrated production model covering 3D CAD design, FEM/thermomechanical simulation, advanced welding (TIG, MIG, plasma, Force TIG, orbital, submerged arc, robotic), non-destructive testing (VT, PT, RT), in-house pickling, static and dynamic fan balancing, and material-traceable warehousing across five automated facilities.

The company's customer base is enterprise B2B across eight vertical segments: steel mills, industrial heat treatment service providers, oil & gas, naval/marine (scrubber systems for emissions compliance), engineering, energy/environmental, aerospace, and precision mechanics. Revenue is generated primarily through project-based custom manufacturing contracts, complemented by repair and refurbishment services, reverse engineering, and technical consulting. Pricing is not publicly disclosed and is established through direct commercial consultation ([email protected]) based on specifications, materials, and complexity. The company holds a full suite of ISO certifications (9001, 14001, 45001, 50001, 3834-2), has been granted European and Chinese patents on a corrugated radiant tube design, and reports a 96% in-house quality compliance rate with 40% of 2023 clients seeking extended component operating life. Nicro is part of a broader network that includes Soliveri & Partners and operates with €2,000,000 paid-in share capital; no public listing, institutional investment, or M&A activity is referenced.

Name

Nicro S.p.a.

Legal name

Nicro S.p.A.

Website

https://nicro.it

Company type

Private

Founded year

1984

Operating status

Operating

Short description

Nicro S.p.A. is an Italian manufacturer of custom nickel alloy and stainless steel components, including muffles, radiant tubes, bell furnace parts, marine scrubbers, and Oil & Gas components, serving enterprise customers in steel, heat treatment, oil & gas, marine, and aerospace sectors with in-house design, welding, and quality testing.

Ownership category

akta.pro rank

Headquarters

HQ city

Vailate

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Custom Nickel Alloy Component Manufacturing: Design, development and construction of custom-made components in nickel alloy steels for industrial applications. Revenue generated through project-based orders, custom component fabrication, and bespoke manufacturing services tailored to specific customer requirements in high-temperature and corrosive environments.
2. Repair and Refurbishment Services: Industrial maintenance and repair services for alloy steel components, including component reconditioning, restoration, and refurbishment to extend operational life and reduce client downtime.
3. Reverse Engineering Services: Analysis, measurement, and reconstruction of components from existing worn parts with design improvements, including metallurgical studies and FEM/thermomechanical simulation for optimization.
4. Consulting and Technical Advisory: Technical consulting services for material selection, process optimization, and furnace improvement recommendations provided alongside product sales.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

Nicro S.p.A. is an Italian manufacturer of nickel alloy and stainless steel components engineered for high-temperature and corrosive industrial environments. The company designs, fabricates, and supplies specialized parts including muffles, retorts, radiant tubes, fans, diffusers, bells, bases, marine scrubbers, and custom components for steelmaking, oil & gas, naval/maritime, aerospace, and heat treatment industries, supported by repair/refurbishment, reverse engineering, and consulting services.

Product overview

Nicro S.p.a. is a manufacturer specializing in industrial components made from high-nickel-content steel alloys for demanding applications involving extreme temperatures and corrosive environments. The product portfolio centers on heat treatment equipment including muffles and retorts, bell furnace components (bells, bases, diffusers), convection fans, and radiant tubes, complemented by marine scrubbers and custom components for the oil & gas sector. The company also offers reverse engineering services and repairs for alloy steel components, positioning itself as both a product supplier and technical consulting partner for steel, heat treatment, engineering, and maritime industries.

Differentiator

Problem solved

Functional benefit

Products and services

• Muffles
• Retorts
• Bells
• Bases
• Diffusers
• Industrial fans
• Radiant tubes (patented design with corrugated fitting)
• Marine scrubbers
• Oil & gas components
• Heat treatment equipment
• Repair and refurbishment services
• Reverse engineering services
• Technical consulting
• Custom metal fabrication

Quantifiable outcome

• 96% of Nicro products met quality standards in 2023
• +2 more outcomes

Named customers8 records

Segments7 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Partnerships

Six partnerships are on record, tiered minor.

• Il Susino (Social Cooperative)minorOthersIl Susino is a Type B Social Cooperative founded in 1986, focused on work integration of disadvantaged persons, operating in manual packaging and quality control of small-sized materials. Nicro supports the cooperative with dedicated projects and assistance for various activities. The cooperative has UNI EN ISO 9001:2008 certification and operates in compliance with Article 14 for hiring disadvantaged workers.
• Consorzio Enfapi (Training Consortium)minorStrategic or Co-development PartnerEnfapi is a professional training center operating since 1972 in the Treviglio area, offering courses for students, companies, and workers. Since 2018, Nicro has been associated with the consortium to develop custom courses for gradually integrating young people into the work environment. Collaboration includes internships, work placements, and school-work alternation programs.
• Basket86 CaravaggiominorOthersBasket86 Caravaggio is a basketball organization promoting basketball with courses and sports programs for children of all ages. Nicro sponsors the team as a Gold sponsor since 2018, and together they built a public basketball court as a community aggregation and sports development project.
• EdenredminorStrategic or Co-development PartnerPartnership with Edenred for a comprehensive employee welfare platform. Through this platform, employees can book or request reimbursement for medical visits, school books, school meals, summer camps, travel, sports, and amusement parks. The platform also loads funds related to baby bonus, €200 welfare provided by CCNL, and year-end production bonuses.
• Mister NaturaminorStrategic or Co-development PartnerBergamo-based startup providing fresh fruit and vegetable delivery service. Nicro partnered with Mister Natura to offer employees the convenience of receiving fresh produce directly at the workplace every Friday, promoting healthier lifestyles.
• Blu Basket TrevigliominorOthersBasketball team sponsorship relationship. Nicro has been a Gold sponsor and Top sponsor for Blu Basket 1971, supporting the team's activities and seasons.

Scale indicators10 records

Recent moves7 records

Expansion highlights5 records

Market position

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Nicro

Compliance5 records

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 Nicro S.p.a.