Geartec Ag
GearTec AG is a German industrial gearbox manufacturer that designs, builds, and services heavy-duty gearboxes for mining, cement, marine, metallurgy, energy, and materials-handling customers worldwide through direct enterprise sales and a global representative network.
- Company typePrivate
- Founded2015
- HeadquartersMagdeburg, Germany
- Headcount—
- GTM typeB2B
- OfferingHardware or Manufacturing
What Geartec Ag does
GearTec AG is a privately held German industrial-gearbox manufacturer headquartered in Magdeburg, Saxony-Anhalt, organized as an Aktiengesellschaft and led by board members Dr. Jamshid Yektai and Lutz Steinhaus. The company designs, manufactures, and services large industrial and special gearboxes for heavy-industry end markets, including raw-material and mining, cement, rolling mill and metallurgy, marine and offshore, materials handling, kneading and mixing, energy/oil/petrochemical, wind and water power, mobile systems, and general machine construction. Core technical capabilities include turbo spur wheel and turbo planetary gearboxes, large mill girth gears with diameters up to 4,000 mm, kiln and mill pinions up to module 30, crane gearboxes (20–132 kW), and propeller and generator marine gearboxes with a claimed 50-year manufacturing tradition. Production is anchored by wholly-owned subsidiaries and the company's own foundry and hardening shop, which enables full in-house control from casting through final machining.
The business operates a B2B, quote-based model with two distinct revenue mechanics. Primary revenue comes from custom design and one-time manufacture of new gearboxes plus replacement parts and repair services for competitor equipment across heavy industries — a long-tail project business targeting enterprise buyers (cement plant operators, mining operators, marine shipyards, energy and petrochemical operators). A second, smaller revenue stream is GearView, a proprietary subscription condition-monitoring system offered in Bronze, Silver, and Gold tiers that continuously tracks bearing temperature, shaft vibration, speed, oil temperature/pressure, and oil contamination, with dashboard visualization and automatic warning functions. Go-to-market is direct enterprise field sales from the Magdeburg headquarters, supplemented by a multinational rep and branch network covering Switzerland/Italy, Turkey, USA, Saudi Arabia, South Korea, Southeast Asia, and three Chinese cities, backed by a 24-hour European / 48-hour worldwide emergency service hotline. Legal entity incorporation is dated 2015 despite the longer manufacturing heritage, and GearTec AG reports no funding rounds, parent company, or public-market activity in the available data.
Geartec Ag firmographics
Firmographics- Name
- Geartec Ag
- Legal name
- GearTec AG
- Website
- https://geartecag.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Short description
- GearTec AG is a German industrial gearbox manufacturer that designs, builds, and services heavy-duty gearboxes for mining, cement, marine, metallurgy, energy, and materials-handling customers worldwide through direct enterprise sales and a global representative network.
- Ownership category
- akta.pro rank
Geartec Ag industry classification
Industry- Product category
- Industrial Gearboxes
- NAICS
- Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing (333612)
- SIC
- General Industrial Machinery & Equipment, Nec (3569), Special Industry Machinery, Nec (3559)
- akta.pro primary industry
- Gearmotors, Gearboxes & Speed Reducers (IMAGACAF)
Keywords
Where Geartec Ag is headquartered
LocationHeadquarters
- HQ city
- Magdeburg
- HQ country
- Germany
- HQ region
- Europe
Offices10 records
Markets served
Geartec Ag business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Industrial Gearbox Manufacturing: Custom design, manufacturing, and repair of industrial gearboxes for heavy industries. Products include girth gears, pinion gears, crane gearboxes, marine gearboxes, cement industry gearboxes, rolling mill gearboxes, and wind power gearboxes. The company also manufactures replacement parts for competitor gearboxes.
- GearView Condition Monitoring Services: Subscription-based condition monitoring services with tiered levels (Bronze, Silver, Gold) providing temperature monitoring, vibration monitoring, oil monitoring, and automatic warning systems for gearbox protection.
- Spare Parts and Custom Parts: Production of replacement parts for gearboxes, including shafts, axles, and custom components, as well as repair services for old gearboxes by various manufacturers.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
Geartec Ag product offering
Product offeringCore offering
GearTec AG designs, manufactures, and services large industrial and special gearboxes for heavy industry applications including mining, cement, steel/metallurgy, marine, energy, oil and petrochemical, materials handling, and renewable energy. The company operates its own foundry and hardening shop enabling complete in-house production of custom gearboxes, replacement parts, and gearbox repair services for competitor equipment, complemented by the GearView proprietary condition monitoring system.
Product overview
Geartec AG is an industrial gearbox manufacturer with multiple production sites in Germany, operating its own foundry and hardening shop. The company produces a comprehensive portfolio of gearboxes including industrial gearboxes for various sectors (mining, cement, rolling mills, marine, materials handling, mixing, energy, renewables, mobile systems), turbo planetary gears, crane gearboxes, mill girth gears, kiln/mill pinions, and marine gearboxes. The product lineup is complemented by GearView, a condition monitoring system for predictive maintenance, and custom parts manufacturing services. The company serves customers globally through international representatives in Switzerland, Turkey, USA, Saudi Arabia, South Korea, and China.
Differentiator
Problem solved
Functional benefit
Brands
- GearView: GearTec AG Condition Monitoring System - a monitoring solution that helps optimize maintenance intervals, minimize downtime and protect drives from unscheduled outages and damage. Offers temperature, vibration, speed, and oil monitoring with Bronze, Silver, and Gold monitoring levels.
Products and services
- Industrial Gearboxes Custom-designed and manufactured industrial gearboxes engineered for harsh operating conditions across mining, cement, rolling mills, materials handling, kneading and mixing, mobile systems, and general machine construction sectors. Designed in close cooperation with customers for maximum quality and precision.
- Marine Gearboxes
- Turbo Planetary Gearboxes
- Crane Gearboxes
- Mill Girth Gears
- Kiln/Mill Pinions
- GearView Condition Monitoring System
- Custom and Replacement Parts
- Gearbox Repair and Service
Quantifiable outcome
- Girth gears processed up to 4000 mm diameter
- +2 more outcomes
Companies that use Geartec Ag
Customer profileNamed customers2 records
Segments10 records
Ideal customer profiles5 records
Geartec Ag technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Geartec Ag partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered minor.
- MDM Mega Drive MagdeburgminorMDM Mega Drive Magdeburg serves as a recruitment partner for GearTec AG, handling job applications for positions including cutting machine operators (carousel turning, boring mill turning, gear hobbing/grinding with CNC Siemens SINUMERIK 840D) and mechanics/fitters for gearbox assembly in Magdeburg.
- Mistral Suisse SaglminorMistral Suisse Sagl, based in Lugano, Switzerland, serves as the branch office/representative for GearTec AG covering the Italy region. Contact: Cinzia Borghi.
- Bulutlu Denizcilik Gözetim San. ve Tic. A.Ş.minorBased in Istanbul, Turkey, serves as the branch office/representative for GearTec AG covering the Turkey region. Contact: Serdar İlkay.
- Maritime Propulsion Services, LLCminorBased in Houma, Louisiana, USA, serves as the branch office/representative for GearTec AG covering the United States market. Contact: Steven Morgan.
- Zeppelin Systems Gulf Co. ltdminorBased in Al Jubail, Saudi Arabia, serves as the branch office/representative for GearTec AG covering the Kingdom of Saudi Arabia market. Contact: Saleem Nadeem.
- McLean E n I. Co.,Ltd.minorBased in Seoul, South Korea, serves as the branch office/representative for GearTec AG covering the South Korea market. Contact: Yoon Chul Yeom.
- CB CONSULTANCY & SERVICES LIMITEDminorBased in Yangon, Myanmar, serves as the branch office/representative for GearTec AG covering Thailand, Myanmar, Vietnam, Cambodia, and Singapore. Contact: Christian Beckers.
- Brilliant Import & Export Ltd.minorBased in Guangzhou, China, serves as a branch office/representative for GearTec AG in China. Contact: [email protected].
- Siebenhaar Transmission TechnologyminorBased in Tianjin, China (300350), serves as a branch office/representative for GearTec AG in China. Contact: [email protected].
- Shanghai Siyang Machinery & Electric Equipments Co., Ltd.minorBased in Shanghai, China (Pudong, 201315), serves as a branch office/representative for GearTec AG in China. Contact: [email protected].
Scale indicators4 records
Recent moves5 records
Expansion highlights5 records
Geartec Ag competitors and assessment
Company assessmentDirect peers
- SEW-Eurodrive: Privately held German drive technology specialist offering industrial gearboxes, gear motors, and drive electronics. Closely comparable business model as a family-owned German manufacturer with global service network serving heavy industries and materials handling.
- Renk Group: Munich-headquartered manufacturer of special gearboxes for military vehicles, tanks, and industrial applications. Comparable as a German specialty gearbox maker with overlapping marine, industrial, and tracked-vehicle drivetrain capabilities and similar vertical specialization profile.
- David Brown (Sumitomo group): Specialty gearbox brand under Sumitomo Heavy Industries focused on heavy industrial applications including mining, minerals processing, and marine. Direct overlap with GearTec's cement, mining, and marine segments.
- Flender (Siemens): Germany-based global leader in mechanical drive systems (gearboxes, couplings, generators). Direct competitor across marine, mining, cement, and rolling mill gearbox segments with similar target customers and comparable product portfolio, though at materially larger scale under Siemens ownership.
- Nord Drivesystems: German family-owned manufacturer of gearboxes, motors, and drive electronics with global production footprint. Comparable as a privately held German competitor focused on industrial gearbox solutions for materials handling, intralogistics, and heavy industry.
- Bonfiglioli: Italian manufacturer of gearboxes, gear motors, and drive systems serving industrial, marine, mobile, and wind markets. Highly comparable customer segments (cement, mining, marine, wind) and similar mid-market positioning with global service footprint.
- Eickhoff Antriebstechnik: German manufacturer of gearboxes and drive systems primarily serving mining (shearer loaders), power generation, and heavy industry. Closely comparable specialty industrial gearbox focus with similar customer base in mining and energy.
Broad incumbents
- Sumitomo Heavy Industries (Power Transmission): Japan-based industrial conglomerate whose power transmission division includes gearbox brands (Sumitomo, David Brown, Hansen). Comparable wind, marine, and industrial gearbox offerings but embedded in a much larger diversified industrial portfolio.
Emerging players
- ZF Wind Power: ZF's wind gearbox business (formerly Hansen Transmissions) is a focused player in the wind turbine gearbox market where GearTec also competes. Partial overlap in marine and industrial drivetrains but ZF is dominant specifically in wind.
Regional players
- Brevini Riduttori (Bucher Hydraulics): Italian-originated gearbox manufacturer serving mobile equipment, marine, and industrial markets across Europe. Comparable product categories (industrial and marine gearboxes) with strong European but limited global distribution reach relative to GearTec.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Geartec Ag social profiles
Digital presenceGeartec Ag financial estimates
Financial estimateRevenue estimate
Valuation estimate
Geartec Ag leadership team
Management profileNumber of profiles
Profiles2 records
Geartec Ag subsidiaries and ownership
Company hierarchySubsidiaries1 record
Geartec Ag funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Geartec Ag 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 Geartec Ag
What does Geartec Ag do?
GearTec AG designs, manufactures, and services large industrial and special gearboxes for heavy industry applications including mining, cement, steel/metallurgy, marine, energy, oil and petrochemical, materials handling, and renewable energy. The company operates its own foundry and hardening shop enabling complete in-house production of custom gearboxes, replacement parts, and gearbox repair services for competitor equipment, complemented by the GearView proprietary condition monitoring system.
Is Geartec Ag a public or private company?
Geartec Ag is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Geartec Ag founded?
Geartec Ag was founded in 2015.
Where is Geartec Ag based?
Geartec Ag is headquartered in Magdeburg, Germany, in the Europe region.
How does Geartec Ag make money?
Three revenue lines are on record. Industrial Gearbox Manufacturing is the primary driver. The others are gearView Condition Monitoring Services and spare Parts and Custom Parts.
Who are Geartec Ag's main competitors?
Direct peers on record are SEW-Eurodrive, Renk Group, David Brown (Sumitomo group), Flender (Siemens), Nord Drivesystems, Bonfiglioli and Eickhoff Antriebstechnik. Sumitomo Heavy Industries (Power Transmission) is listed as a broad incumbent. ZF Wind Power is listed as an emerging player. Brevini Riduttori (Bucher Hydraulics) is listed as a regional player.
Does Geartec Ag have an API?
No public API is recorded for Geartec Ag.
What industry is Geartec Ag in?
Geartec Ag's product category is Industrial Gearboxes. Its primary akta.pro industry code is IMAGACAF, Gearmotors, Gearboxes & Speed Reducers. Its NAICS code is 333612 and its SIC code is 3569.