About CAREL
CAREL is a company based in Brugine (Italy) founded in 1973 by Luigi Nalini.. The company has 2,590 employees as of December 31, 2024. CAREL has completed 11 acquisitions, including Alfaco, Bridgeport and CFM Soğutma ve Otomasyon. CAREL offers products and services including Programmable Controls, Isothermal Humidifiers, and Sensors. CAREL operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
- Headquarter Brugine, Italy
- Employees 2590 as on 31 Dec, 2024
- Founders Luigi Nalini
- Stage Public
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Carel Industries Spa
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Annual Revenue
$601.04 M (USD)-11.03as on Dec 31, 2024
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Net Profit
$65.08 M (USD)-11.7as on Dec 31, 2024
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EBITDA
$101.04 M (USD)-25.71as on Dec 31, 2024
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Latest Funding Round
- Investors
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Employee Count
2590
as on Dec 31, 2024
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Investments & Acquisitions
Alfaco
& 10 more
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IPO & Listings of CAREL
CAREL is a publicly listed company on the MIL with ticker symbol CRL in Italy, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of CAREL
CAREL offers a comprehensive portfolio of products and services, including Programmable Controls, Isothermal Humidifiers, and Sensors. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Electronic devices for managing HVAC/R operations
Humidifiers that maintain optimal air moisture levels
Devices for detecting temperature, humidity, and pressure
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Funding Insights of CAREL
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(01 Feb 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Grant - CAREL | Valuation |
investors |
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| Feb, 2015 | Amount | Grant - CAREL | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CAREL
CAREL has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CAREL
CAREL has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include Alfaco, Bridgeport and CFM Soğutma ve Otomasyon. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Commercial cleaning services are provided to businesses in Italy.
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2018 | ||||
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CFM Soğutma ve Otomasyon is engaged in industrial cooling and automation solutions.
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2015 | ||||
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Sensing solutions for building automation are developed by Senva.
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - CAREL
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Carel Comparisons
Competitors of CAREL
CAREL operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
Multi-access edge networking computing platform is provided for mobile services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Carel
Frequently Asked Questions about CAREL
When was CAREL founded?
CAREL was founded in 1973 and raised its 1st funding round 42 years after it was founded.
Where is CAREL located?
CAREL is headquartered in Brugine, Italy. It is registered at Brugine, Veneto, Italy.
Who is the current CEO of CAREL?
Luigi Nalini is the current CEO of CAREL. They have also founded this company.
How many employees does CAREL have?
As of Dec 31, 2024, the latest employee count at CAREL is 2,590.
What is the annual revenue of CAREL?
Annual revenue of CAREL is $601.04M as on Dec 31, 2024.
What does CAREL do?
Founded in 1973 in Brugine, Italy, CAREL operates in the heating, ventilation, air conditioning, and refrigeration sector. Control devices for heating and refrigeration systems are developed, including sensing and actuating components, water treatment systems, and a range of humidifiers. Programmable controls and related programming tools are also provided to support these controllers, serving global applications in climate management.
Who are the top competitors of CAREL?
CAREL's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
What products or services does CAREL offer?
CAREL offers Programmable Controls, Isothermal Humidifiers, and Sensors.
Is CAREL publicly traded?
Yes, CAREL is publicly traded on MIL under the ticker symbol CRL.
How many acquisitions has CAREL made?
CAREL has made 11 acquisitions, including Alfaco, Bridgeport, and CFM Soğutma ve Otomasyon.
Who are CAREL's investors?
CAREL has 1 investor. Key investors include European Union.
What is CAREL's ticker symbol?
The ticker symbol of CAREL is CRL on MIL.