CAREL

Brugine, Italy Founded: 1973 • Age: 53 yrs
Develops humidifiers and control systems for refrigeration and air conditioning
Annual revenue $601.0M Latest available
Total funding - 2 rounds
Employees 2590 Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

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 12 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
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Carel Industries Spa
Operational Areas
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $601.04 M (USD)
    -11.03
    as on Dec 31, 2024
  • Net Profit
    $65.08 M (USD)
    -11.7
    as on Dec 31, 2024
  • EBITDA
    $101.04 M (USD)
    -25.71
    as on Dec 31, 2024
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    2590

    as on Dec 31, 2024

  • Investments & Acquisitions
    Alfaco

    & 11 more

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

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.

Exchange: MIL · Ticker: CRL · Sector: Producer manufacturing · Italy

Products & Services of CAREL

CAREL offers a comprehensive portfolio of products and services, including Programmable Controls, Isothermal Humidifiers, and Sensors.

Product name locked
Category locked
Primary

Electronic devices for managing HVAC/R operations

Product name locked
Category locked
Locked

Humidifiers that maintain optimal air moisture levels

Product name locked
Category locked
Locked

Devices for detecting temperature, humidity, and pressure

People of CAREL

Headcount 1000-5000
Employee Profiles 1
Employee Profiles
People
Francesco Nalini
CEO

Unlock access to complete

Teams

Unlock access to complete

Funding Insights of CAREL

Investors in CAREL

CAREL has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Locked Locked Locked
Premium access

Investor details for CAREL

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by CAREL

CAREL has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include Alfaco, Bridgeport and CFM Soğutma ve Otomasyon.

Investments
Premium access

Investment portfolio details for CAREL

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Commercial cleaning services are provided to businesses in Italy.
Locked Locked 2018 Locked
CFM Soğutma ve Otomasyon is engaged in industrial cooling and automation solutions.
Locked Locked 2015 Locked
Sensing solutions for building automation are developed by Senva.
Locked Locked 2008 Locked
Premium access

Complete acquisition details for CAREL

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

Verified entity values are shown only after access is granted.

Financial Statements - CAREL

Premium access

Detailed financials for CAREL

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

Verified entity values are shown only after access is granted.

Carel Comparisons

CAREL Primary company
Description
Develops humidifiers and control systems for refrigeration a...
Location
Brugine, Italy
Founded Year
1973
Annual Revenue
$601.04 M (USD)
Net Profit
$65.08 M (USD)
EBITDA
$101.04 M (USD)
Employees
2,590
As of 2024
Premium access

Peer comparison for CAREL

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

Verified entity values are shown only after access is granted.

+
Add Comparison
Available on Premium

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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
High-quality office furniture is provided by UST for various needs.
Locked Locked Locked
Provider of end-to-end business process outsourcing services
Locked Locked Locked
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
Locked Locked Locked
IT outsourcing services are delivered across multiple business lines.
Locked Locked Locked
Application development, cloud, cybersecurity, and business intelligence services are provided.
Locked Locked Locked
Multi-access edge networking computing platform is provided for mobile services.
Premium access

Detailed competitors of CAREL

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Carel

Premium access

Complete news archive for CAREL

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about CAREL

CAREL was founded in 1973 and raised its 1st funding round 42 years after it was founded.

CAREL is headquartered in Brugine, Italy. It is registered at Brugine, Veneto, Italy.

Luigi Nalini is the current CEO of CAREL. They have also founded this company.

As of Dec 31, 2024, the latest employee count at CAREL is 2,590.

Annual revenue of CAREL is $601.04M as on Dec 31, 2024.

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.

CAREL's top competitors include Happiest Minds, Mavenir and GirnarSOFT.

CAREL offers Programmable Controls, Isothermal Humidifiers, and Sensors.

Yes, CAREL is publicly traded on MIL under the ticker symbol CRL.

CAREL has made 12 acquisitions, including Alfaco, Bridgeport, and CFM Soğutma ve Otomasyon.

CAREL has 1 investor. Key investors include European Union.

The ticker symbol of CAREL is CRL on MIL.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available