Vulcanic is a European provider of electrical components and customised solutions for industrial applications in niche markets. The company is composed of two business lines:
- – heaters
- – transformers, mostly tailor-made
At the time of Abenex’s investment, Vulcanic had around 30,000 clients across 50 countries, with 85% of the company’s turnover generated in Western Europe. The company had eight production sites, all located in Western Europe (France, Germany and Spain).