euro group spa

Name

euro group spa

Legal name

EuroGroup Laminations S.p.A.

Website

https://eurotranciatura.it

Company type

Public

Founded year

1967

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

EuroGroup Laminations S.p.A. designs, manufactures, and supplies stator and rotor laminations, motor cores, and tooling for electric motors used in EV, automotive, and industrial applications. The company operates manufacturing facilities across nine countries and serves enterprise OEM customers globally.

Ownership category

akta.pro rank

Product category

Electric Motor Core Manufacturing

NAICS

Motor Vehicle Electrical and Electronic Equipment Manufacturing (336320), Motor Vehicle Parts Manufacturing (3363), Motor Vehicle Transmission and Power Train Parts Manufacturing (33635)

SIC

Motor Vehicle Parts & Accessories (3714), Motors & Generators (3621)

akta.pro primary industry

Truck & Commercial Vehicle Electrification Manufacturing (eAxles/Battery Packs/Fuel Cells) (IMACABAK)

akta.pro secondary industries

EV Platform/Skateboard & Chassis Integration Manufacturing (IMACACAI), Passenger Vehicle Electrical & Electronics Manufacturing (ICE) (IMACAAAK)

Keywords

• Electric motor laminations
• Stator and rotor cores
• Electrical steel laminations
• Progressive lamination dies
• EV traction components

Headquarters

HQ city

Baranzate

HQ country

Italy

HQ region

Europe

Offices12 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Motor Core Components Sales: Design, development, and manufacture of stator and rotor laminations, cores, and assemblies for electric motors. The company produces blanked laminations, interlocked and rotated assemblies, and loose laminations for various applications including EV traction motors and industrial equipment.
2. Tooling and Dies: Design and production of progressive dies, compound dies, and notching tools for electrical steel lamination manufacturing through Corrada and Euroslot Tools divisions
3. Industrial Automation Solutions: Design, revamping, and building of automation machines and robotic lines through Euro Automation division

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

EuroGroup Laminations designs, manufactures and supplies motor cores — stator and rotor laminations, assemblies and tooling — for electric motors, generators and transformers. The company serves automotive/EV traction motor applications as well as industrial applications including generators, wind generators, white goods, power tools, pumps and ventilation systems, through a vertically integrated network of production, tooling and die-casting divisions in Europe, North America, Africa and Asia.

Product overview

EuroGroup Laminations S.p.A. is a global leader in the development and production of motor cores — specifically stators and rotors — for electric motors used in EV & Automotive and Industrial applications. The company operates as a multi-divisional industrial group comprising production units (Eurotranciatura, Eurotranciatura Mexico, Eurotranciatura USA, Eurotranciatura Tunisie, Euro-Misi Laminations Jiaxing), tooling and die manufacturers (Corrada, SAF, Euroslot, Euroslot Tools), an aluminum foundry (Alcast), and an industrial automation arm (Euro Automation). Products include blanked, notched, and laser-cut laminations; progressive lamination dies; rotor die casting; and advanced motor core assembly technologies. The portfolio also includes proprietary innovations such as Fastec glue bonding, AI-assisted welding, and carbon fiber sleeves. The company was founded in 1967, listed on the Italian stock exchange in February 2023, and generated €831 million in revenue in 2025.

Differentiator

Problem solved

Functional benefit

Products and services

• Motor Core Solutions (Stators and Rotors) EuroGroup Laminations' core offering: stator and rotor laminations, interlocked and loose assemblies for electric motors used across EV & Automotive (EV traction, engine cooling motors, traction engines, alternator stators, starter motors, electric power steering, window lift, sunroof, electric turbo, ABS, HVAC, wiper motors) and Industrial (generators, wind generators, speed reducers, geared motors, pumps, ventilation, domestic appliances) applications. Blanked, notched, laser-cut, annealed, welded or glue-bonded and assembled into finished motor cores.
• Progressive Lamination Dies (Corrada) Carbide and steel progressive lamination dies, in interlocked and loose form, for electrical machines. Includes the patented CORPACK interlocked lamination stack. Sold to both EuroGroup companies (40%) and external customers (60%).
• Compound Single-Notching Dies (Euroslot Tools) Compound single-notching dies for stamping electrical steel laminations up to 1,300 mm at high volumes, combining the precision of compound tools with the productivity of progressive tools.
• Rotor Die Casting (Alcast) Aluminum foundry specializing in rotor die casting for electric motors, with 27 die casting presses up to 1,200 tons casting external diameters up to 425 mm with aluminium content up to 60 kg, plus shaft insertion for finished rotor assemblies.
• Industrial Automation Solutions (Euro Automation) Custom industrial automation equipment: revamping of existing machines, stator and rotor stack assembly lines, welding machines, cleating machines, robotic welding cells, dimensional control systems and custom automation machinery, with 3 active patents.

Quantifiable outcome

• 170,000 tons of metallic material recycled per year
• +4 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature9 records

Partnerships

Five partnerships are on record, tiered flagship, strategic and core.

• Marelli MotorsportflagshipStrategic or Co-development Partner · 1 January 2026EuroGroup Laminations named Official Partner of Marelli Motorsport for the supply of stators starting from the 2026-2027 racing season, demonstrating the company's technology leadership in high-performance electric motor applications.
• Kumar Precision Stampings Pvt. Ltd.strategicStrategic or Co-development Partner · 1 January 2024Acquisition of 40% stake in Kumar Precision Stampings in 2024, a company specialized in magnetic laminations manufacture for electric motors and transformers. This strategic move enters the high-potential Indian market and strengthens the Industrial Business Unit globally.
• DS4 S.r.l.coreStrategic or Co-development Partner · 1 January 2023Acquisition of 100% of DS4 in 2023, strengthening position in industrial automation sector through integration of advanced skills in custom-made software and hardware design. DS4 is based in Pedrengo, Italy.
• Kuroda Precision IndustriescoreTechnology or Integration · 1 January 2014Strategic technology partnership with Kuroda Precision Industries to create highest level of technology for electric motor production. Kuroda joined EuroGroup to bring advanced technology capabilities to Eurotranciatura USA facility, enabling the partnership to become the partner of choice for motor producers across North America.
• Marubeni Itochu Steel Inc.coreStrategic or Co-development Partner · 1 January 2012Joint venture partnership established in 2012 to produce rotor and stator laminations, cores and assemblies for electric motors in China. Euro Misi Laminations Jiaxing Co., Ltd. is a 50/50 joint venture bringing together EuroGroup's manufacturing expertise with Marubeni Itochu's steel distribution capabilities.

Scale indicators25 records

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• Denso Corporation: Japanese global automotive supplier producing motors and motor components across ICE, hybrid, and EV applications. Broad incumbent comparable due to its scale and overlapping motor component portfolio.
• Aisin Corporation: Japanese automotive components supplier with motor and e-Axle product lines for EVs and hybrids. Comparable as a broad incumbent in motor-related components serving global OEMs.
• ZF Friedrichshafen AG: Major German automotive supplier with significant EV driveline/e-motor business (ZF electrified powertrains). Comparable as a broad incumbent in the same electrification value chain serving similar OEM customers.
• Schaeffler Group: Major German automotive and industrial supplier with a dedicated E-Mobility division producing EV motors and powertrain components. Larger and more diversified than EuroGroup but overlaps in supplying motor components to the same European OEMs.
• Nidec Corporation: Japanese world leader in electric motors (including traction motors for EVs) with major e-Axle programs. Larger and more vertically integrated (motor assembly) but consumes motor cores from suppliers like EuroGroup/Mitsui High-tec — making it both a customer ecosystem peer and a downstream competitor.
• BorgWarner Inc. US-listed global automotive supplier with significant eMotor business supplying electric motors and power electronics to OEMs. Competes in adjacent tiers of the same EV powertrain value chain and serves overlapping customers.
• Robert Bosch GmbH: Global Tier 1 supplier with electric motor manufacturing for automotive and industrial applications, including e-mobility powertrains. Overlaps with EuroGroup in serving European OEMs with EV traction motor components at scale.

Direct peers

• Tempel Steel Company: Chicago-based manufacturer of electrical steel laminations for motors, generators, and transformers. Closest direct competitor to EuroGroup in motor core laminations, serving overlapping automotive and industrial customers in North America.
• Mitsui High-tec Inc. Japanese specialty manufacturer of motor core laminations and metal die components, with strong presence in EV traction motor cores. Direct comparable in product (laminations) and customer base (auto OEMs/EV motor makers).

Emerging players

• Bharat Forge Limited: Indian listed auto-components manufacturer actively expanding into EV components including motors and driveline parts. Comparable as a geographically complementary emerging player expanding into the same electrification value chain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/eurogrouplaminations

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries13 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 euro group spa