About Norican Group
Norican Group is a company based in Copenhagen (Denmark) founded in 2008, and was acquired by Altor Equity Partners in March 2015. Technologies for metal parts formation and treatment are provided. The company has 218 employees. Norican Group has completed 2 acquisitions, including Light Metal Casting Solutions Group and Simpson Technologies. Its chief executive, as recorded, is Anders Wilhjelm. Its Indian entity Disa India Limited reported revenue of ₹439 Cr. Norican Group offers products and services including Foundry Equipment and Digital Solutions.
Company details
Norican Group was founded in 2008 and is headquartered in Copenhagen, Denmark. Equipment and services for aluminum foundry and general foundry processes are offered by the company. These solutions are applied in industries ranging from consumer goods to infrastructure. A global network of engineering and service teams is maintained to support production operations. Focus is placed on efficiency, quality, and sustainability in metal parts manufacturing.
- Headquarters Copenhagen, Denmark
- Employees 218
- Stage Acquired
- Phone•••• ••••
- Website noricangroup.com
- Social LinkedIn X Facebook YouTube
- Acquired by Altor Equity Partners (Mar 2015)
- Legal Name Disa India Limited
- Date of Incorporation 25 May, 1984
- Jurisdiction Malleswaram Rajajinagar Bangalore, Karnataka, India
- Indian entity revenue₹439 Cr
FY 2026 · +9% YoY
- Indian entity net profit₹56.22 Cr
FY 2026 · 13% margin
- Indian entity EBITDA₹63.36 Cr
FY 2026 · 14% margin
- Latest Funding Round$31.24K (USD), Grant
Mar 2023
- InvestorsPortál veřejné správy
& 1 more
- Employee Count218
- Investments & AcquisitionsLight Metal Casting Solutions Group
& 1 more
- Acquired byAltor Equity Partners
(Mar 2015)
Associated legal entities of Norican Group
Norican Group operates through Disa India Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Disa India Limited Listed CIN L85110KA1984PLC006116 | Active | 25 May 1984 | Bangalore, Karnataka | ₹439 Cr | 218 | 10 | View details |
Products & Services of Norican Group
Norican Group offers a comprehensive portfolio of products and services, including Foundry Equipment and Digital Solutions.
Equipment for the production and treatment of metal parts is utilized in foundries
AI-driven tools for addressing scrap and automating processes in metal industries are offered
Apps and channels of Norican Group
its YouTube channel NORICAN has 3.85K subscribers and 30 videos.
Videos from Norican Group
The most watched videos on Norican Group's YouTube channel, NORICAN (3.85K subscribers). Click a video to play it here.
More on NORICAN.
Funding Insights of Norican Group
- Total Rounds 1
- Last Round Grant — $31,243
- First Round $31,243
(Mar 2023)
- Investors Count 1
All 1 funding rounds of Norican 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 |
|---|---|---|---|---|---|
| Mar 2023 | $31,243 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Norican Group
Norican Group has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Portál veřejné správy and Altor.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Altor is engaged in private equity investments across multiple sectors. | altor.com | Stockholm, Sweden | ||
A digital platform for public administration services in Czech Republic. | gov.cz | Czech Republic |
Investor details for Norican Group
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.
Board of directors of Disa India Limited (Norican Group)
Disa India Limited is the primary company behind Norican Group. The board of Disa India Limited currently have 7 directors; the longest-serving is Lokesh Saxena, appointed in 2017. 18 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Lokesh Saxena DIN 07823712 | Managing Director | 21 Jun 2017 | 9 yrs 4 mo | Disa India Limited |
| Ulla Hartvig Plathe Tonnesen DIN 08507796 | Director | 12 Jul 2019 | 7 yrs 3 mo | Disa India Limited |
| Ranjan Sen DIN 06872411 | Director | 05 Feb 2025 | 1 yr 8 mo | Disa India Limited |
| Malvieka Joshi DIN 03393195 | Director | 05 Feb 2025 | 1 yr 8 mo | Disa India Limited |
| Vidya Viswanathan DIN 06978067 | Director | 05 Feb 2025 | 1 yr 8 mo | Disa India Limited |
| Deepa Agar Hingorani DIN 00206310 | Director | 28 Mar 2025 | 1 yr 6 mo | Disa India Limited |
| Angadu Mohanakrishnan Muralidharan DIN 03279284 | Director | 28 Jan 2026 | 8 mo | Disa India Limited |
People of Norican Group
44 people are tracked at Norican Group (21 in leadership, 23 in team); the tracked headcount is 218.
| Name | Role | Group |
|---|---|---|
| CEO | Leadership | |
Lara Piccolo | Head Of Aftermarket Sales & Service | Leadership |
| Managing Director - DISA India Ltd | Leadership | |
Jack Yu (Jian) | VP Sales OEM DISA AP | Leadership |
Anand Joshi | General Manager Foundry Project Sales | Leadership |
Mette Rubak Kaarsbo | CPO And Head Of Business Development | Leadership |
Declan Guerin | Chief Financial Officer | Leadership |
Phil Hawthorne | VP Business Process | Leadership |
Rob Shaw | Senior VP Finance & Group Controller | Leadership |
Niels W O Larsen | Vice President Of Business Development | Leadership |
Morten Bechlund | Senior Vice President People & Performance | Leadership |
Steven Pogue | VP Of Human Resources (americas) | Leadership |
J Jesus Gonzalez S | Director-finance And Administration & Site Manager | Leadership |
Amber Tennant-Fry (ACMA, CGMA, MAAT) | UK Finance Director | Leadership |
Jan Saaek | Chief Financial Officer - DISA | Leadership |
Lars Priess | EVP & President Wheelabrator | Leadership |
Claudia Lodetti | CFO Americas | Leadership |
Jan Novak | Head Of Norican EU Parts Distribution | Leadership |
Craig Barrett | Sales And Aftermarket Director | Leadership |
Raghavendra N C | Head Appilcation And Sales | Leadership |
24 more people are available in the full profile.
Complete people profiles for Norican Group
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.
Financials of Norican Group
Figures of Disa India Limited, the primary company behind Norican Group, for FY 2026. Revenue was ₹439 Cr (+9% year on year). Net profit was ₹56.22 Cr (13% margin). EBITDA was ₹63.36 Cr (14% margin). Revenue has grown at a compounded annual rate of +18% over three years and +18% over five years.
- ₹439 CrRevenue · FY 2026 · +9% YoY
- ₹56.22 CrNet profit · 13% margin
- ₹63.36 CrEBITDA · 14% margin
- ₹1.45 CrPaid-up capital
- 218Employees (provident fund records)
- +18%Revenue CAGR, 3 years
- +18%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Disa India Limited are on its company page.
Detailed financial statements for Norican Group
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Norican Group
Norican Group has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Light Metal Casting Solutions Group and Simpson Technologies.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of batch, continuous high intensity mixing equipment, and molding sand coolers | simpsongroup.com | Aurora, United States | 1912 | Oct 2022 | •••• | |
Manufacturer of equipments forlight metal casting industry | lmcs-group.com | Gummersbach, Germany | 2017 | Feb 2017 | •••• |
Complete acquisition details for Norican Group
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Norican Group
5 dated milestones of Norican Group across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Norican Group is founded.
- Exit Acquired by Altor Equity Partners.
- Acquisition Acquires Light Metal Casting Solutions Group.
- Acquisition Acquires Simpson Technologies.
- Funding First funding round of $31K.
Web traffic of Norican Group
The website of Norican Group (noricangroup.com) receives about 1.2K visits a month.
- Monthly visits1.2K
▼ 68.7% vs previous month
Websites whose visitors overlap most with Norican Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| wheelabratorgroup.com | 100% | 11.6K | #1,708,280 | View details | |
| synercon.ru | 94% | #3,671,322 | View details |
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Related news about Norican Group
Complete news archive for Norican Group
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- Full article archive
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- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Norican Group
Norican Group was founded in 2008 and raised its 1st funding round 15 years after it was founded.
Norican Group is headquartered in Copenhagen, Denmark.
Anders Wilhjelm is the CEO of Norican Group, as recorded in our data.
Norican Group has 218 employees.
The primary company behind Norican Group, Disa India Limited, reported revenue of ₹439 Cr for FY 2026, up 9% year on year.
Norican Group was founded in 2008 and is headquartered in Copenhagen, Denmark. Equipment and services for aluminum foundry and general foundry processes are offered by the company. These solutions are applied in industries ranging from consumer goods to infrastructure. A global network of engineering and service teams is maintained to support production operations. Focus is placed on efficiency, quality, and sustainability in metal parts manufacturing.
Norican Group offers Foundry Equipment and Digital Solutions.
Norican Group has made 2 acquisitions, including Light Metal Casting Solutions Group, and Simpson Technologies.
Norican Group has 2 investors. Key investors include Portál veřejné správy, and Altor.
Norican Group operates through Disa India Limited.
Yes. Norican Group was acquired by Altor Equity Partners in March 2015.
The legal entities of Norican Group currently have 9 directors, including Deepa Agar Hingorani, Lokesh Saxena, Ulla Hartvig Plathe Tonnesen and others.