Manufacturer of seamless high-precision steel tubes

VALTI (former Vallourec Bearing Tubes) is one of the few European manufacturers of seamless high-precision steel tubes serving the bearing manufacturer industry as well as a large mechanical base of customers such as ThyssenKrupp, Manitou and Liebher. Active for more than 50 years, the company has become the second largest European player in the bearing tubes market with approx. 25% market share.
Based in Montbard, France, the company, which has over 200 employees, supplies seamless tubes to the bearing, mechanical and oil & gas industries with clients across the globe.
Strategy
VALTI aims at enhancing its geographical coverage across Europe by taking advantage of the steel tube market upturn. With the support of Mutares’ operational consultants, the company’s management intends to strengthen its positions in the bearing industry focusing on contributive products, further developing its sales force and customer relationships on the mechanical and oil & gas markets and focus on operational and manufacturing excellence in order to return to profitability.
Headquarters | Montbard, Frankreich |
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Seller | Vallourec Goup |
Year of Acquisition | 2022 |
Revenues | EUR 50 m |
Segment | Engineering & Technology |