Kooltech

Glasgow, United Kingdom Founded: 1979 • Age: 47 yrs Acquired By Fsw
Distributors of refrigeration and air conditioning products
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About Kooltech

Kooltech is a company based in Glasgow (United Kingdom) founded in 1979 was acquired by Fsw in February 2024.. The company has 102 employees as of October 31, 2021. Kooltech operates in a competitive market with competitors including Greenheck, Centrotherm Clean Solutions, SEID AS, Fusheng and CompAir, among others.

  • Headquarter Glasgow, United Kingdom
  • Employees 102 as on 31 Oct, 2021
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Kooltech Limited
  • Date of Incorporation 29 Nov, 2005
  • Jurisdiction GLASGOW, UNITED KINGDOM
Operational Areas
Transportation, Automotive & Logistics → Aviation Operations & Infrastructure
Key Metrics
  • Annual Revenue
    $80.53 M (USD)
    19
    as on Oct 31, 2023
  • Net Profit
    $4.32 M (USD)
    -6
    as on Oct 31, 2023
  • EBITDA
  • Latest Funding Round
  • Investors
    Wolseley

    & 1 more

  • Employee Count
    102

    as on Oct 31, 2021

  • Acquired by
    Fsw

    & 1 more

    (Feb 10, 2024)

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Funding Insights of Kooltech

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Kooltech

Kooltech has secured backing from 2 investors. Prominent investors backing the company include Wolseley and FSW. 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.

All
Investor Description Founded Year Domain Location
FSW is engaged in wholesaling refrigeration and air conditioning products.
Founded Year Domain Location
Marketing services for retailers are provided by Wolseley.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Kooltech

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Kooltech

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Kooltech Comparisons

Employees
+
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Competitors of Kooltech

Kooltech 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 Greenheck, Centrotherm Clean Solutions, SEID AS, Fusheng and CompAir, 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
Greenheck is recognized as a leading supplier of air movement and control equipment.
domain founded_year HQ Location
Industrial point-of-use exhaust gas purification systems are provided.
domain founded_year HQ Location
Air pollution control systems are provided for industrial applications.
domain founded_year HQ Location
Air compressors are manufactured by Fusheng in Taipei, Taiwan.
domain founded_year HQ Location
Rotary screw, reciprocating, centrifugal, and portable compressors are supplied.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Kooltech

Frequently Asked Questions about Kooltech

When was Kooltech founded?

Kooltech was founded in 1979.

Where is Kooltech located?

Kooltech is headquartered in Glasgow, United Kingdom. It is registered at Glasgow, Scotland, United Kingdom.

Who is the current CEO of Kooltech?

David Friedland is the current CEO of Kooltech.

How many employees does Kooltech have?

As of Oct 31, 2021, the latest employee count at Kooltech is 102.

What is the annual revenue of Kooltech?

Annual revenue of Kooltech is $80.53M as on Oct 31, 2023.

What does Kooltech do?

Kooltech was founded in 1979 and is headquartered in Glasgow, United Kingdom. Operations are centered on the distribution of refrigeration and air conditioning products to businesses and end-users across the region. The company supplies a range of equipment and components essential for cooling systems, with logistics managed from its UK base. Leadership is provided by CEO David Friedland, overseeing sector-specific inventory and client needs in the HVAC industry.

Who are the top competitors of Kooltech?

Kooltech's top competitors include Centrotherm Clean Solutions, Vectair Systems and CompAir.

Who are Kooltech's investors?

Kooltech has 2 investors. Key investors include Wolseley, and FSW.

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