Veltis Latam

Veltis Latam, based in Santiago, Chile, specializes in providing high-standard maintenance and operational support services aimed at enhancing safety and reliability in the mining sector. Founded in 1999 and headquartered in Santiago, Chile, Veltis Latam focuses on maintenance and operational support for mining operations. The company recently underwent a CORPORATE CARVE OUT, where it was fully acquired by Scale Capital for up to EUR 42 million in July 2025, comprising EUR 24 million in equity and EUR 18 million in debt, to be paid within five years. Veltis Latam specializes in providing high-standard services focused on safety and reliability in the Chilean mining sector.

The company emphasizes a zero-accident culture, actively promoting preventive measures among its workforce through continual learning and the incorporation of best practices. Their core offerings span maintenance and operational support for mining operations, including advanced technical services designed to enhance safety and efficiency. Veltis serves a diverse clientele within the mining industry, particularly in notable regions such as Calama, Antofagasta, and Coquimbo, where its products and services are utilized to address crucial operational challenges. By integrating innovative solutions, such as exoskeleton technology to reduce worker strain, Veltis strives to meet the evolving demands of the industry while fostering a skilled workforce.

The revenue structure of Veltis Latam is based on direct services provided to corporate clients within the mining sector. Transactions occur primarily through B2B engagements, where Veltis enters into contracts for maintenance and operational support services. These contracts typically adhere to fixed pricing models based on the scope and duration of services rendered. As part of their service offerings, Veltis may also establish partnerships with educational institutions to promote workforce development, aligning their objectives with broader industry demands.

The company's commitment to high standards is evidenced by its adherence to ISO certifications, which further enhances its marketability and client trust within the sector. Following the acquisition by Scale Capital, Veltis Latam aims to leverage its resources to expand services throughout Chile. The funding obtained will facilitate the enhancement of their offerings and operational capacity, allowing the company to better serve the mining sector's evolving needs.