ECM TECHNOLOGIES

INDUSTRIAL HEAT TREATMENT FURNACES

ECM Technologies, headquartered in Grenoble (Isère), designs, manufactures and markets industrial heat treatment furnaces (Low Pressure Carburizing furnaces, as well as photovoltaic furnaces, vacuum furnaces, etc.). The Group is also active in the turnkey installation of photovoltaic panel manufacturing plants.

It generates 90% of its revenue internationally and has several subsidiaries worldwide (China, India, USA, etc.).

KEY STRENGTHS

The ECM Technologies group enjoys a long-standing position as global leader in the low pressure carburizing furnace market, with numerous prestigious references.

ECM Technologies has extensive expertise in the technology specific to this type of furnace and is at the forefront of innovation. To meet the most diverse applications, the Group has developed a complete range of industrial furnaces, including modular low pressure carburizing furnaces, dual-chamber furnaces, single-chamber furnaces, and compact installations, among others.

KEY MILESTONES

Between mid-2014 and early 2020, Innovafonds invested as a minority shareholder within a pool of investors, as part of a growth capital transaction.

The group followed a highly dynamic trajectory, with revenue growing from €50M to nearly €100M by the end of Innovafonds’ involvement.

Innovafonds supported the management team along three main lines:

• ORGANIC GROWTH : International expansion and strong development of the associated services offering
• EXTERNAL GROWTH : Identification, assessment and completion of acquisitions
• RSE : Implementation of an ambitious CSR approach and significant reduction of the carbon footprint of the solutions offered by the Group.