About Varvel
Varvel is a company based in Bologna (Italy) founded in 1955 was acquired by Illimity in February 2023. Varvel offers products and services including Gear Reducers and Speed Variators.
- Headquarter Bologna, Italy
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Varvel Spa
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Products & Services of Varvel
Varvel offers a comprehensive portfolio of products and services, including Gear Reducers and Speed Variators.
Gear reducers are designed for fixed applications of small and medium power and are integrated into various machines.
Speed variators are developed for adjusting power transmission in industrial settings and are employed in multiple sectors.
People of Varvel
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Funding Insights of Varvel
Investors in Varvel
Varvel has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Illimity, European Union and EIC Fund.
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Government agency and accelerator focusing on innovative startups and SMEs
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Commercial banking services are provided to SMEs and mid-caps.
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Investor details for Varvel
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Investments & Acquisitions by Varvel
Investment portfolio details for Varvel
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Financial Statements - Varvel
Detailed financials for Varvel
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Varvel Comparisons
Peer comparison for Varvel
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Competitors of Varvel
Detailed competitors of Varvel
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Latest news on Varvel
Complete news archive for Varvel
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Frequently Asked Questions about Varvel
Varvel was founded in 1955 and raised its 1st funding round 59 years after it was founded.
Varvel is headquartered in Bologna, Italy. It is registered at Bologna, Emilia-romagna, Italy.
Varvel was founded in 1955 in Bologna, Italy, where operations in the industrial machinery sector are based. Geared motors, reducers, and variable speed drives are produced for various applications. Manufacturing services are extended to clients seeking reliable transmission components. The companys activities are centered in Europe, with a focus on precision engineering and assembly processes to meet sector demands.
Varvel offers Gear Reducers and Speed Variators.
Varvel has 3 investors. Key investors include Illimity, European Union, and EIC Fund.