Leadership
- CEO
- General Manager
The ICAREX Group
Since 1935.With new energy.
A heritage of electrical expertise. A generational transition. In 2022, ICAREX acquired 100% of ICEL and began a new industrial chapter.
Explore the story
1935
Industrial roots.ICEL is founded in Brescia.
2022
100% acquisition.ICAREX acquires ICEL.
Today
A new scale.People, products and markets.
Continuityby design.
Preserve the know-how. Create the conditions to go further.
Founded in Brescia in 1935, ICEL designs and manufactures low- and medium-voltage switchgear. When we joined in 2022, its market was mainly local, with strong ties to steelmaking and steel mills.
Experience was concentrated in a few key people, with responsibilities spanning administration, sales, production and engineering. Generational succession called for a structure capable of supporting the business through its next phase.
The work began with people, then extended to the product range, organisation and commercial development.
Inside ICEL.Energy takes shape.
A journey through the company’s switchgear, applications and expertise.
Growthhas a team.
An extensive talent search supported the gradual introduction of new roles. The organisation grew alongside the business, with clearer management and operational responsibilities.
From responsibilities concentrated in a few people to a management structure with dedicated expertise.
Production & projects
- Production Director
- Project Manager
- Wiring, assembly and testing
Engineering & R&D
- Engineering Coordinator
- R&D Manager
- Drafter
Sales & quotations
- Sales Managers
- Estimators
More capability.Inside every panel.
Research and development worked on two fronts: improving established products and completing the low- and medium-voltage offering.
LOW VOLTAGE
Stronger foundations.
The LPC Power Center was strengthened with internal arc and seismic withstand certifications.
What changes
An established range qualified to meet more demanding application requirements.
LOW VOLTAGE
New energy. New markets.
The LPB secondary distribution range was developed with a fused Solar configuration for photovoltaic applications.
What changes
Product development aligned with the move into renewable energy markets.
MEDIUM VOLTAGE
A more complete range.
Primary medium-voltage switchgear was introduced, adding a category previously absent from ICEL’s product portfolio.
What changes
A more complete offering covering additional needs in electrical distribution.
MEDIUM VOLTAGE
Medium voltage, renewed.
A new SF6-free secondary medium-voltage product replaced the previous solution.
What changes
Renewal of a strategic part of the offering through technology without SF6.
Roots in Brescia.A national horizon.
From strong roots in steelmaking to a nationwide presence across industries. A larger sales team and an evolving product range opened new opportunities, from renewable energy to digital infrastructure and process industries.
- Steelmaking
- Photovoltaics
- Chemicals, Oil & Gas
- Marine
- Food & Beverage
- Data Centres
- Other industries
Transformation.In everyday work.
Company knowledge.
Within the team’s reach.
We connected business systems and network folders to an agentic tool such as Claude. Project information, previously scattered across systems and documents, becomes part of one working environment.
We paired these connections with training and new working habits. People learn to use AI with their own data and everyday tasks.
Explore SI AdoptionBusiness systems
Project data
Network folders
Documents and knowledge
Claude
AI connected to your company’s data.
The project moves forward.
The agents get to work.
Connected data enables automation of repetitive steps. People review the results and confirm the actions.
Project setup
Quotes, orders and estimates become a project kickoff brief for production, purchasing, engineering and administration.
Explore the workflowProject diary
Communications and activities reconstruct the project history in an organised record ready for review.
Explore the workflowEngineering hours
Meetings and activities inform suggested hours by project, ready to correct and confirm.
Explore the workflowActuals and margins
Budgets, hours and purchases are compared to highlight variances and identify where to act.
Explore the workflowOrders, delivery notes and invoices
A structured comparison brings discrepancies and exceptions to the attention of administration.
Explore the workflowFinal project dossier
Manuals, datasheets and certificates are collected from connected sources, with missing documents highlighted.
Explore the workflowStronger foundations.
A broader market.
We complemented ISO 9001 quality management with ISO 14001 for the environment and ISO 45001 for occupational health and safety. The journey extends to governance through an organisational model under Italian Legislative Decree 231.
More structured processes and a broader set of qualifications have enabled us to enter more tenders and access new commercial opportunities.
D.Lgs. 231Organisational, management and control model
Value of production.More than doubled.
+135%
Growth 2021–2025, rounded.
ICAREX joined in 2022.
Value of production grew from €4,368,887 in 2021 to €10,252,047 in 2025. Behind that change are a larger team, a management structure and an industrial plan that continues to develop.
The next chapterBuilding a European championin electromechanics.
We are seeking complementary businesses to integrate around ICEL. An industrial project bringing entrepreneurs, expertise and production capabilities together across the electrical industry.
The foundation for growth.
Switchgear. Industrial expertise. A value chain to bring together.
The capabilities we want to bring together
- Electrical installation
- Service & maintenance
- Transformers
- Protection relays
- Breakers & disconnectors
- Busbar trunking
- PLCs & automation
- AI & energy management software
Areas we are seeking to integrate into the industrial project.
Put your business forward for ICEL
Do you work in one of these areas? Let’s discuss how our capabilities could complement each other.
Synergies.In practical terms.
An electrical contractor, for example, can complement ICEL’s switchgear manufacturing. The potential synergies become tangible.
Supply & purchasing
Coordinate switchgear supply and assess joint purchasing from shared suppliers.
Customers & markets
Offer installation and service to switchgear customers, and switchgear to installation customers.
Expertise & capacity
Coordinate teams and specialisms for sites, commissioning and peaks in activity.
More complete projects
Present an integrated offering and assess tenders requiring a broader set of capabilities.
The next chapter could be yours.
Seeking continuity, a growth partner or a turnaround? Tell us about your business.
Or email us directlyinfo@icarex.ai