About EVTEC Group
EVTEC Group is a Transportation, Automotive & Logistics company based in Coventry (United Kingdom) founded in 2021. It operates as a manufacturer of ightweight aluminum die-cast components and assemblies for OEMs across the globe. The company has 153 employees. EVTEC Group has completed 1 acquisition, including Retrac Group. EVTEC Group offers products and services including Aluminium Castings and Automotive Assemblies. Its focus areas include Auto, Auto Components and Multi Category. Its legal entity is EVTEC GROUP LIMITED. Its competitors include Cummins, Valeo, UNO Minda, Schaeffler and Faurecia and 4 more; 3 of its 9 listed competitors have raised funding.
Company details
EVTEC Group was established in 2021 in Coventry, United Kingdom, as a manufacturing entity focused on aluminum die-casting. Lightweight components and assemblies are produced for original equipment manufacturers worldwide, with additional supply of castings to major equipment producers. The organization is composed of Evtec Automotive Limited and Evtec Aluminium Limited, operating within the automotive and industrial sectors to support international clients.
- Headquarters Coventry, United Kingdom
- Employees 153
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website evtec-group.com
- Social LinkedIn Facebook
- Legal Name Evtec Group Limited
- Date of Incorporation 26 Nov, 2020
- Jurisdiction COVENTRY, WEST MIDLANDS, ENGLAND
- Latest Funding Round$9.39M (USD), Debt – Conventional
Jan 2024
- Investors
- Employee Count153
- Investments & Acquisitions
Products & Services of EVTEC Group
EVTEC Group offers a comprehensive portfolio of products and services, including Aluminium Castings and Automotive Assemblies.
Design and supply of complex aluminium castings for various applications
Tier 1 supply of assembled products for automotive electrification
Funding Insights of EVTEC Group
- Total Rounds 1
- Last Round Debt – Conventional — $9.39M
- First Round $9.39M
(Jan 2024)
- Investors Count 1
All 1 funding rounds of EVTEC Group 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 |
|---|---|---|---|---|---|
| Jan 2024 | $9.39M | Debt – Conventional | – | – |
1 investors in total: 1 institutional.
Investors in EVTEC Group
EVTEC Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Cynergy Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Commercial bank | 1955 | cynergybank.co.uk | London, United Kingdom |
Investor details for EVTEC Group
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People of EVTEC Group
4 people are tracked at EVTEC Group (3 in leadership, 1 in team); the tracked headcount is 153.
| Name | Role | Group |
|---|---|---|
Leon Hand | Group Director - Business & Process Improvement | Leadership |
Paul Cruse | General Manager | Leadership |
Dr Jamil Ahmed | Director Of Facilities Management | Leadership |
Thomas Brown | Business Improvement Coordinator | Team |
Complete people profiles for EVTEC Group
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Investments & Acquisitions by EVTEC Group
EVTEC Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Retrac Group.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Retrac Group - Advanced Manufacturing Solutions | retrac-group.com | – | 0 | Nov 2024 | •••• |
Complete acquisition details for EVTEC Group
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Timeline of EVTEC Group
3 dated milestones of EVTEC Group across 3 years, from founding to its latest funding, stage changes and deals.
- Founded EVTEC Group is founded.
- Funding First funding round of $9.4M.
- Acquisition Acquires Retrac Group.
Competitors of EVTEC Group
EVTEC Group has 9 listed competitors in our database, 3 of them funded. They include Cummins, Valeo, UNO Minda, Schaeffler and Faurecia, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cummins.com | 1919 | United States | – | 36,826 | Manufacturer of gas-powered construction equipment | |
| valeo.com | 1923 | Paris, France | – | 124 | Automotive products and services are supplied globally to automakers. | |
| unominda.com | 1958 | Gurugram, India | $259.53M | 2,509 | Manufacturer and supplier of major auto components to OEMs and tier 1 companies | |
| schaeffler.com | 1946 | Herzogenaurach, Germany | – | 90,151 | Manufacturer of bearings for the automotive industry | |
| faurecia.com | 1997 | Nanterre, France | – | – | Automotive components and systems are manufactured for vehicles. | |
| hutchinson.com | 1853 | Paris, France | – | 54 | Manufacturer and supplier of major auto components | |
| novaresteam.com | 1955 | Clamart, France | $32.95M | 167 | Major auto components are manufactured and supplied globally. | |
| zf.com | 1915 | Friedrichshafen, Germany | – | 168,700 | Mobility systems are developed for cars, vehicles, and industrial uses. | |
| endurancegroup.com | 1985 | Aurangabad, India | $104M | 4,070 | Auto components including suspension and braking systems are manufactured. |
Detailed competitors of EVTEC Group
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Web traffic of EVTEC Group
Websites that share an audience with EVTEC Group (evtec-group.com).
Websites whose visitors overlap most with EVTEC Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| pailton.com | 100% | 2K | #7,947,138 | View details |
Top companies in Automotive Manufacturing & Components
10 companies that operate in the same segment as EVTEC Group (Automotive Manufacturing & Components), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of infotainment and audio solutions for multiple sectors | 1980 | Stamford, Connecticut, United States | – | – | – | |
Manufacturer of gas-powered construction equipment | 1919 | United States | – | USD 1.21 B | 5,230 | |
Electrical and electronic parts for automobiles are provided by SEDEMAC. | 2007 | Pune, Maharashtra, India | USD 26.22 M | USD 32.69 M | 415 | |
Manufacturer of forklifts, warehouse equipment and other industrial trucks | 2006 | Germany | USD 587.14 M | USD 13.28 B | 42,720 | |
Automobiles and related products are manufactured by Volvo Cars. | 1927 | Goteborg, Vastra Gotaland, Sweden | USD 1.07 B | USD 38.79 B | 42,600 | |
Motor vehicles and parts are manufactured, imported, distributed, and sold. | 1994 | Irvine, California, United States | – | USD 79.03 B | 35,750 | |
Automotive manufacturing company | 1916 | Munchen, Bayern, Germany | – | USD 156.8 B | – | |
Rechargeable batteries are distributed globally by BYD. | 1994 | Los Angeles, California, United States | – | – | 269 | |
Automotive vehicles including cars, trucks, and SUVs are manufactured. | 1957 | Plano, Texas, United States | – | – | – | |
Motorcycles are manufactured, along with parts, apparel, and financial services. | 1903 | Milwaukee, Wisconsin, United States | – | USD 4.47 B | 5,900 |
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Related news about Evtec Group
Complete news archive for EVTEC Group
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Frequently Asked Questions about EVTEC Group
EVTEC Group was founded in 2021 and raised its 1st funding round 3 years after it was founded.
EVTEC Group is headquartered in Coventry, United Kingdom.
EVTEC Group has 153 employees.
EVTEC Group was established in 2021 in Coventry, United Kingdom, as a manufacturing entity focused on aluminum die-casting. Lightweight components and assemblies are produced for original equipment manufacturers worldwide, with additional supply of castings to major equipment producers. The organization is composed of Evtec Automotive Limited and Evtec Aluminium Limited, operating within the automotive and industrial sectors to support international clients.
EVTEC Group offers Aluminium Castings and Automotive Assemblies.
EVTEC Group has made 1 acquisition, including Retrac Group.
EVTEC Group has 1 investor. Key investors include Cynergy Bank.
EVTEC Group operates through Evtec Group Limited.