Welformed Competitors and Similar CompaniesClear all

Welformed's competitors and similar companies include SAIPA and Novares.

	Welformed Welformed is a company that creates custom-molded fiber-based solutions.	SAIPA SAIPA (Société Anonyme Iranienne de Production Automobile) is an automotive manufacturing company.	Novares Novares Group (formerly known as Mecaplast Group) is a company that provides plastic solutions.
Founding Date	Founding Date N/A	Founding Date 1967	Founding Date 1955
Type	Type Subsidiary	Type Public	Type Private
Tags	Tags Manufacturing & Industrial auto parts plastic vehicles	Tags Manufacturing & Industrial auto parts vehicles	Tags Manufacturing & Industrial auto parts mechanical components plastic vehicles
Locations	Locations Elkhart, US HQ	Locations Karaj, IR HQ Hassia, SY	Locations Clamart, FR HQ Kangqiao, CN Izernore, FR Löhne, DE Vale Arieira, PT Livonia, US Walworth, US
Employees	Employees 9	Employees 2,9871% increase	Employees 2,787
Financial
Revenue (est.)	Revenue (est.) N/A	Revenue (est.) ﷼1703.5t (FY, 2025)	Revenue (est.) €1b (FY, 2021)
Cost of goods	Cost of goods N/A	Cost of goods ﷼1766.7t (FY, 2025)	Cost of goods €962.8m (FY, 2021)
Gross profit	Gross profit N/A	Gross profit (﷼16.5t) (FY, 2025)	Gross profit €48.2m (FY, 2021)
Net income	Net income N/A	Net income (﷼406.2t) (FY, 2025)	Net income (€64.5m) (FY, 2021)