The company is a manufacturer of seamless high-precision steel tubes
VALTI (former Vallourec Bearing Tubes) is one of the few European manufacturers of seamless high-precision steel tubes serving a solid base of blue-chip customers such as SNR, Schaeffler, ThyssenKrupp, Manitou and Benteler. Active for more than 50 years, the company has become the 2nd European player in the bearing tubes market with c. 25% market share and close to EUR 50 million revenues in 2021.
Based in Montbard (France), the Company, which has over 200 employees, supplies tubes to the Bearing, Mechanical and Oil & Gas industries with clients across the globe.
VALTI aims at enhancing its geographical coverage across Europe by taking advantage of the steel tube market upturn. With the support of Mutares’ operational consultants, the company’s Management intends to strengthen its positions in the bearing industry focusing on contributive products, further develop its sales force and customer relationships on the Mechanical and O&G markets, and focus on operational and manufacturing excellence in order to return to profitability.
|Year of Acquisition||2022|
|Revenues||EUR 50 m|
|Segment||Engineering & Technology|