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Noratel logo — Leading global manufacturer of transformers, reactors and po...

Noratel

Leading global manufacturer of transformers, reactors and power supplies

Founded 1925 Norway Norway 436 employees Venture round Energy

General Information

Company Name Noratel
Founded Year 1925
Location Norway Norway
Employees 436
Industries Energy
Funding Stage Venture round
Social

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About Noratel

Noratel is a prominent global manufacturer of transformers, reactors, and power supplies, with a history dating back to its establishment in 1925. The company prides itself on offering a comprehensive range of these products and primarily focuses on custom design and manufacturing to cater to the specific needs of OEM customers. Employing 2000+ individuals globally, Noratel is headquartered in Hokksund, Norway and operates as part of the discoverIE Group Plc, a member of the FTSE 250 Index with a revenue of £450m. Strategically located across the world, Noratel has manufacturing facilities in China, Sri Lanka, India, USA, Canada, Mexico, Poland, Germany, and the Nordic countries. Catering to various industries such as Renewable Energy, Automation, Medical, Rail, eMobility, Motor Drives, Ship & Offshore, and Audio, Noratel ensures quality through adherence to ISO standards and environmental directives. Notably, the company received a Venture Round investment on 01 December 2004 from Herkules Capital. This investment is a testament to the potential and value of Noratel in the energy industry. Overall, with its rich history and global presence, Noratel stands out as a significant player in the manufacturing of electrical components, poised for continued growth and success.

Business keywords: transformers, reactors, power supplies, custom design, OEM, medical equipment, e-mobility, ISO 9001, ISO 14001, ISO 13485, global provider, quality administration

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round Undisclosed 1
Herkules Capital
Herkules Capital
01 Dec 2004

Noratel Alternatives & Competitors

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FAQ About Noratel

Leading global manufacturer of transformers, reactors and power supplies
Noratel was founded in 1925.
Noratel is headquartered in Norway.
Noratel operates in Energy. Its work centres on transformers, reactors, power supplies and custom design.
Noratel has approximately 436 employees.
Noratel has completed 1 funding round. The latest funding stage is Venture round.
Top alternatives and competitors to Noratel include Alpine Power Systems, RHM International, LLC, CTM Magnetics, Carroll & Meynell Transformers, Autec Power Systems. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Noratel and Alpine Power Systems are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Noratel , https://bouncewatch.com/company/noratel-as, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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