About COEL
COEL is an Industrial Goods & Manufacturing company based in Milano (Italy) founded in 1976, and was acquired by Addtech in January 2025. It operates as an electric brake motors are manufactured and supplied by COEL. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services.
Company details
COEL Motori Srl was established in 1976 in Milano, Italy, as a manufacturer in the industrial motors sector. Brake motors, including ATEX, IECEx, flameproof, and explosion-proof variants, are designed and produced for diverse applications. Hoist drives and related components are also supplied to address specific operational requirements in industrial settings. Operations focus on reliability and adaptation to various environments within the European market.
- Headquarters Milano, Italy
- SectorsIndustrial Goods & Manufacturing
- Website coelmotori.it
- Acquired by Addtech (Jan 2025)
Investors in COEL
COEL has secured backing from 1 investor. Prominent investors backing the company include Addtech.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Electrical safety products and installation services are provided. | 1997 | addtech.com | Stockholm, Sweden |
Investor details for COEL
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Timeline of COEL
2 dated milestones of COEL across 49 years, from founding to its latest funding, stage changes and deals.
- Founded COEL is founded.
- Exit Acquired by Addtech.
Latest news on Coel
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Top companies in Contract & Outsourced Manufacturing
10 companies that operate in the same segment as COEL (Contract & Outsourced Manufacturing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Designer and producer of intelligent products, automotive electronics manufacturing, and logistics services | 1969 | San Jose, California, United States | – | USD 27.91 B | 147,980 | |
Electronic products and components are manufactured globally by Foxconn. | 1974 | Taipei, Taiwan | – | – | 12,716 | |
Industrial components, mould bases, and storage solutions are manufactured globally. | 1986 | Coimbatore, Tamil Nadu, India | USD 28 M | USD 853.09 M | 3,060 | |
Automotive components are manufactured and supplied to OEMs. | 1957 | Aurora, Ontario, Canada | – | USD 42.92 B | 170,000 | |
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | USD 22.67 M | USD 114.37 M | 618 | |
Equipment and parts for HVAC/R industry are supplied. | 1956 | Miami, Florida, United States | – | USD 7.24 B | 7,290 | |
Smart hardware and vehicle electronics are manufactured on contract. | 2005 | Pudong, Shanghai, China | USD 431.15 M | USD 24.45 B | – | |
Clas Ohlson was founded in 1918 in Insjön, Sweden. | 1918 | Insjon, Dalarna, Sweden | – | USD 1.35 B | – | |
Application-oriented research is conducted in bioeconomy, AI, and climate technologies. | 1949 | Darmstadt, Hesse, Germany | USD 23.27 M | – | – | |
Apparel and clothing are manufactured and exported on contract. | 1979 | Bengaluru, Karnataka, India | – | USD 400 M | 40,280 |
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Frequently Asked Questions about COEL
COEL was founded in 1976.
COEL is headquartered in Milano, Italy.
COEL Motori Srl was established in 1976 in Milano, Italy, as a manufacturer in the industrial motors sector. Brake motors, including ATEX, IECEx, flameproof, and explosion-proof variants, are designed and produced for diverse applications. Hoist drives and related components are also supplied to address specific operational requirements in industrial settings. Operations focus on reliability and adaptation to various environments within the European market.
COEL has 1 investor. Key investors include Addtech.
Yes. COEL was acquired by Addtech in January 2025.