About ASCO Industries
ASCO Industries is an Aerospace, Defense & Maritime company based in Zaventem (Belgium) founded in 1954, and was acquired by Montana Aerospace in September 2021. ASCO Industries is engaged in aerostructure design and manufacturing. It operates on a B2B2C model. The company has 114 employees. Its chief executive, as recorded, is moustafa Afifi. ASCO Industries offers products and services including Aerostructure Components. Its focus areas include Aerospace, Aircraft Manufacturing and Structural Components.
Company details
ASCO Industries is involved in the design and manufacturing of structural parts and assemblies for both civil and military aircraft. The company operates within the aerospace sector, providing critical components as part of its integration into Montana Aerospace since 2021. Solutions are offered through strategically positioned sites across Belgium, Germany, the USA, and Canada to serve a global customer base effectively.
- Headquarters Zaventem, Belgium
- Employees 114
- Stage Acquired
- SectorsAerospace, Defense & Maritime
- Email••••••••
- Phone•••• ••••
- Website asco.be
- Social LinkedIn X
- Acquired by Montana Aerospace (Sep 2021)
- Legal Name Asco Industries
- Latest Funding Round$252.67K (USD), Grant
Sep 2018
- InvestorsSpirit AeroSystems
& 2 more
- Employee Count114
- Acquired by
Products & Services of ASCO Industries
ASCO Industries offers a comprehensive portfolio of products and services, including Aerostructure Components.
Structural parts and assemblies for aircraft are manufactured.
Funding Insights of ASCO Industries
- Total Rounds 3
- Last Round Grant — $252,666
- Investors Count 1
All 3 funding rounds of ASCO Industries with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2018 | $252,666 | Grant | – | – | |
| Oct 2017 | $191,764 | Grant | – | – | |
| May 2014 | Grant | – | – |
3 investors in total: 3 institutional.
Investors in ASCO Industries
ASCO Industries has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Spirit AeroSystems, European Union and Montana Aerospace.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Aircraft parts and subcomponents are manufactured by Montana Aerospace. | 2008 | montana-aerospace.com | Reinach, Switzerland | |
Aircraft components including fuselages, wings, and propulsion systems are manufactured. | 1927 | spiritaero.com | Wichita, United States |
Investor details for ASCO Industries
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of ASCO Industries
1 people are tracked at ASCO Industries (1 in leadership); the tracked headcount is 114.
| Name | Role | Group |
|---|---|---|
moustafa Afifi | CEO | Leadership |
Complete people profiles for ASCO Industries
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of ASCO Industries
5 dated milestones of ASCO Industries across 67 years, from founding to its latest funding, stage changes and deals.
- Founded ASCO Industries is founded.
- Funding First funding round.
- Funding Latest funding round, Grant, of $253K.
- Exit Acquired by Spirit AeroSystems.
- Exit Acquired by Montana Aerospace.
Web traffic of ASCO Industries
The website of ASCO Industries (asco.be) receives about 8.1K visits a month.
- Monthly visits8.1K
▼ 0.8% vs previous month
Websites whose visitors overlap most with ASCO Industries. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
aiac.ca | aiac.ca | 100% | #1,909,543 | – | |
| arnprioraerospace.com | 87% | View details | |||
| sabca.be | 76% | 5.9K | #3,569,656 | View details | |
aais.org.sg | aais.org.sg | 66% | #422,185 | – | |
| collinsaerospace.com | 63% | 51.5K | #270,942 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for ASCO Industries
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- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about ASCO Industries
ASCO Industries was founded in 1954 and raised its 1st funding round 60 years after it was founded.
ASCO Industries is headquartered in Zaventem, Belgium. It is registered at Zaventem, Flemish Region, Belgium.
moustafa Afifi is the CEO of ASCO Industries, as recorded in our data.
ASCO Industries has 114 employees.
ASCO Industries is involved in the design and manufacturing of structural parts and assemblies for both civil and military aircraft. The company operates within the aerospace sector, providing critical components as part of its integration into Montana Aerospace since 2021. Solutions are offered through strategically positioned sites across Belgium, Germany, the USA, and Canada to serve a global customer base effectively.
ASCO Industries offers Aerostructure Components.
ASCO Industries has 3 investors. Key investors include Spirit AeroSystems, European Union, and Montana Aerospace.
ASCO Industries operates through Asco Industries.
Yes. ASCO Industries was acquired by Montana Aerospace in September 2021.