The OCTA Group was established with the aim of offering the market innovative solutions
by integrating the history, expertise and experience of CMS, CRIPPA and SMI
to provide advanced technological solutions and highly customised services in the HVAC and tube processing sectors.
Three companies, three success stories, one goal
The OCTA Group brings together three historic Italian companies that have distinguished themselves
through inventiveness, innovation and technological excellence. Three companies united
by the common goal of providing advanced and customised solutions to meet market needs.
Founded in 1948, Crippa was the first company in Europe to design and manufacture tube bending machines, seizing the opportunity to carve out a new market niche in the wake of the massive reconstruction efforts following the Second World War. Over the years, the visionary project of its founder, Agostino Crippa, has developed into one of the most influential small and medium-sized companies in the Como Lake region. Crippa has won national and international awards for its design and innovation, and holds numerous patents in the field of metal tube processing.
Thirty years later, in 1978, SMI S.r.l. (Sistemi Meccanici Industriali) was founded in Varmo, Udine. The company focused on the design and manufacture of machinery and equipment for working metal and alloy tubes, mainly for the HVAC and automotive sectors.
In 1988, within the dynamic industrial environment of the Vicenza province, CMS (Costruzione Macchine Speciali) was founded. The company quickly specialized in the design and construction of presses and related molds for the production of finned packs. Thanks to a process of rapid and continuous growth, CMS established itself as one of the leading international players in the sector, expanding its operations with the opening of a branch in the United States.
Astraco's entry and
the creation of the new group
In 2020, Astraco Capital Holding acquired Crippa, laying the foundations for the creation of an integrated group
that opened its first US subsidiary the following year. In 2022, the acquisition of SMI further enriched
the Group's offering, bringing new expertise in the HVACR sector. In 2023, with the acquirement of CMS and KSE,
the Group completes its range of solutions for the manufacturing of heat exchangers and further expands its catalogue.
The OCTA Group was born
Following this last acquisition, the OCTA Group was formally established, bringing together the strengths of CMS,
CRIPPA and SMI under a single vision. This evolution reflects OCTA Group's strong commitment to a corporate
management model focused on responsible growth and respect for all stakeholders.
We are committed to achieving excellence, fostering innovation, and generating a sustainable impact for the community.
Innovation
We develop technologies and services in the fields of machine tools and industrial automation, improving processes in terms of quality, productivity, and efficiency.
Leadership
We collaborate with our customers to set new standards of excellence, supporting them in becoming global leaders in their markets.
Impact
We create value for all stakeholders by adopting sustainable strategies that generate social and environmental benefits, both today and in the future.
Our management
OCTA Group works every day to strengthen the trust and respect of its customers, partners and collaborators.
This commitment is translated into concrete actions based on integrity, professional ethics and transparency,
principles that guide all business activities and are integrated into our corporate management system.
The OCTA management team is the operational co-ordinator of all activities, ensuring maximum alignment
between the Board's strategies and their implementation across the various business functions.
This approach ensures effective and responsible governance, focused on delivering sustainable
and valuable results for all stakeholders.
Teamwork
We believe that collaboration between colleagues and partners is essential to success. Sharing skills, information and mutual support creates the synergy needed to achieve outstanding results.
Passion
Passion drives our commitment and enthusiasm for our work, motivating us to meet market challenges every day, to exceed expectations and to seek ever more innovative solutions. This passion permeates our working environment, creating a positive and inspiring energy.
Trust
Transparency and reliability guide our interactions, fostering a working environment based on trust, collaboration, innovation and mutual respect. This creates the ideal conditions for achieving increasingly rewarding results.
Accountability
We are committed to being transparent, acknowledging mistakes and taking proactive steps to address and correct them. By promoting ethical behaviour, we ensure trust and reliability for all stakeholders every day.
Customer-centric approach
The customer is at the heart of everything we do. We actively listen to their needs and anticipate their expectations, building lasting relationships based on satisfaction and trust.
1948
Foundation Crippa
1978
Foundation SMI
1988
Foundation CMS
2020
Astraco Capital Holding embarks on a new chapter with the acquisition of Crippa, marking the start of a new Group.
2021
Geographical expansion with two fully owned entities in USA, North America
2022
The acquisition of SMI opens a new chapter in the HVACR industry.
2023
The acquisition of CMS completes the Group's HVACR offer with a portfolio of fin lines for heat exchangers production
2023
The acquisition of KSE, which expands the company's know-how in Firmware, Software and Controls.
2023
A new Group joining the strengths of CMS, CRIPPA and SMI.
Your international partner
in HVACR and tube processing
OCTA Group is driven by a strong international vocation, present in key global markets through an extensive network
of offices, partners and distributors. We operate worldwide to provide innovative solutions and exceptional service,
adapting to specific local needs while maintaining a global vision.
Our ability to combine global expertise with a localised approach allows us to support customers everywhere,
from the most advanced industrial centres to the most remote areas. With an international and multilingual team,
we ensure smooth communication and prompt support, always in line with the highest industry standards.
Internationality is not just a geographical aspect, but a philosophy that guides every decision we make. We work
to connect markets, cultures and people, building valuable relationships based on trust, innovation and expertise.
5 operating units - Present in over 80 countries
ARGENTINA
AUSTRALIA
AUSTRIA
BELGIUM
BOLIVIA
BRAZIL
CANADA
CHILE
CHINA
CROATIA
CZECH REP.
ESTONIA
ECUADOR
FINLAND
FRANCE
GERMANY
HOLLAND
HUNGARY
INDIA
IRELAND
ITALY
JAPAN
KOREA
MEXICO
NORWAY
PERU
PHILIPPINES
POLAND
PORTUGAL
ROMANIA
SOUTH AFRICA
SPAIN
SLOVAKIA
SLOVENIA
SWEDEN
SWITZERLAND
TURKEY
UNITED KINGDOM
UKRAINE
UNITED ARAB EMIRATES
UNITED STATES OF AMERICA
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