Solidal

Esposende, Portugal Founded: 1968 • Age: 58 yrs Acquired By NKT
Power cables and conductors for energy transmission are manufactured.

About Solidal

Solidal was founded in 1968 and is based in Esposende, Portugal. Power cables and conductors are produced for energy transmission and distribution systems up to 400 kV. Integrated solutions are offered to support operations in the renewables energy sector, where involvement has extended over 20 years. Focus is placed on manufacturing processes that meet industry standards for reliability in electrical infrastructure.

  • Headquarter Esposende, Portugal
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
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  • Website solidal.pt
  • Social LinkedIn
  • Acquired by Njord Partners (Dec 2018)
  • Legal Name Nkt Cables Portugal, S.A.
Key Metrics
  • Investors
    NKT

    & 1 more

  • Acquired by
    NKT

    & 1 more

    (Jun 2024)

Investors in Solidal

Solidal has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include NKT and Njord Partners.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Flexible capital solutions are provided to European middle-market companies.
2013njordpartners.comLondon, UK
High-voltage, medium-voltage, and low-voltage cables and accessories are manufactured.
1891nkt.comCopenhagen, Denmark
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Investor details for Solidal

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People of Solidal

1 people are tracked at Solidal (1 in leadership).

NameRoleGroup
Francois Moufflet
CEOLeadership
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Timeline of Solidal

3 dated milestones of Solidal across 56 years, from founding to its latest funding, stage changes and deals.

  1. Founded Solidal is founded.
  2. Exit Acquired by Njord Partners.
  3. Exit Acquired by NKT.

Similar companies to Solidal

10 companies that operate in the same segment as Solidal (Power Transmission & Distribution), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
EDF is engaged in electricity production and distribution in France.
1946Paris, France––151,073
Electrical, hydraulic, and mechanical power management solutions are provided.
1911United States–USD 27.45 B92,000
Power distribution and secure services in Telangana.
2014Hyderabad, Telangana, India–USD 4.12 B16,102
Single- and three-phase transformers are manufactured in Mumbai.
1993Mumbai, Maharashtra, IndiaUSD 22.67 MUSD 114.37 M618
Electricity transmission utility projects are developed in India.
2010Mumbai, Maharashtra, IndiaUSD 167.58 MUSD 603.94 M–
Pumps and motors are manufactured by WEG for industrial use.
1961Duluth, United StatesUSD 50 KUSD 7.45 B47,530
Electricity is supplied with integrated services for power infrastructure projects.
2008Thane, Maharashtra, IndiaUSD 18.47 MUSD 133.02 M1,045
High-voltage, medium-voltage, and low-voltage cables and accessories are manufactured.
1891Copenhagen, Denmark–––
Electricity distribution services are provided in Sydney by Ausgrid.
2009Sydney, New South Wales, Australia–––
Electricity generation and distribution are managed in India.
1996Ahmedabad, Gujarat, India–USD 3.08 B20,250
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Frequently Asked Questions about Solidal

Solidal was founded in 1968.

Solidal is headquartered in Esposende, Portugal. It is registered at Esposende, Braga, Portugal.

Francois Moufflet is the current CEO of Solidal.

Solidal was founded in 1968 and is based in Esposende, Portugal. Power cables and conductors are produced for energy transmission and distribution systems up to 400 kV. Integrated solutions are offered to support operations in the renewables energy sector, where involvement has extended over 20 years. Focus is placed on manufacturing processes that meet industry standards for reliability in electrical infrastructure.

Solidal has 2 investors. Key investors include NKT, and Njord Partners.

Solidal operates through Nkt Cables Portugal, S.A..

Yes. Solidal was acquired by Njord Partners in December 2018.

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