About MAN Energy Solutions
MAN Energy Solutions is a company based in Augsburg (Germany) founded in 2010. Sustainable energy solutions are developed for marine and industrial sectors. The company has 663 employees. MAN Energy Solutions has completed 2 acquisitions, including H-TEC SYSTEMS and MaxWatt Turbines. Its website man-es.com draws about 165 thousand monthly visits. Its Indian entity Everllence India Private Limited reported revenue of ₹679 Cr. MAN Energy Solutions offers products and services including Engines and Heat Pumps.
Company details
Founded in 2010 and based in Augsburg, Germany, the company operates in the energy sector with a focus on marine and industrial applications. Propulsion systems, engines, and related technologies are provided to support decarbonization efforts. Solutions incorporate multiple fuel types and digital tools for enhanced performance and efficiency. Services and maintenance support are extended to products, while carbon-neutral options are advanced for various industries.
- Headquarters Augsburg, Germany
- Employees 663
- Website category Business and Consumer Services · Shipping and Logistics
- Email••••••••
- Phone•••• ••••
- Website man-es.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Everllence India Private Limited
- Date of Incorporation 11 Jan, 1989
- Jurisdiction Aurangabad, Maharashtra, India
- Indian entity revenue₹679 Cr
FY 2023 · +22% YoY
- Indian entity net profit₹108 Cr
FY 2023 · 16% margin
- Indian entity EBITDA₹126 Cr
FY 2023 · 19% margin
- Latest Funding Round$85.53K (USD), Grant
May 2021
- Investors
- Employee Count663
- Investments & AcquisitionsH-TEC SYSTEMS
& 1 more
Associated legal entities of MAN Energy Solutions
MAN Energy Solutions operates through Everllence India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Everllence India Private Limited CIN U74999MH1989FTC050332 | Active | 11 Jan 1989 | Aurangabad, Maharashtra | ₹679 Cr | 663 | 7 | View details |
Products & Services of MAN Energy Solutions
MAN Energy Solutions offers a comprehensive portfolio of products and services, including Engines and Heat Pumps.
Engines are developed for propulsion and efficiency in shipping and power plants to support decarbonization efforts.
Heat pumps are provided for decarbonizing heat supplies in towns, cities, and industrial facilities.
Apps and channels of MAN Energy Solutions
its YouTube channel Everllence has 179K subscribers and 30 videos.
Videos from MAN Energy Solutions
The most watched videos on MAN Energy Solutions's YouTube channel, Everllence (179K subscribers). Click a video to play it here.
More on Everllence.
Funding Insights of MAN Energy Solutions
- Total Rounds 8
- Last Round Grant — $85,532
- First Round $6.59M
(May 2015)
- Investors Count 1
All 8 funding rounds of MAN Energy Solutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2021 | $85,532 | Grant | – | – | |
| May 2021 | $708,027 | Grant | – | – | |
| Jul 2020 | $1.01M | Grant | – | – | |
| Mar 2020 | $330,932 | Grant | – | – | |
| Jan 2018 | $231,337 | Grant | – | – | |
| Oct 2017 | $669,052 | Grant | – | – | |
| Jan 2016 | $847,080 | Grant | – | – | |
| May 2015 | $6.59M | Grant | – | – |
1 investors in total: 1 institutional.
Investors in MAN Energy Solutions
MAN Energy Solutions has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for MAN Energy Solutions
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Everllence India Private Limited (MAN Energy Solutions)
Everllence India Private Limited is the primary company behind MAN Energy Solutions. The board of Everllence India Private Limited currently have 6 directors; the longest-serving is Martin Oetjen, appointed in 2015. 29 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Martin Oetjen DIN 07088264 | Director | 17 Feb 2015 | 11 yrs 8 mo | Everllence India Private Limited |
| Michael Pflueger DIN 07676481 | Director | 22 Dec 2016 | 9 yrs 10 mo | Everllence India Private Limited |
| Michael Franke DIN 08792908 | Director | 29 Jul 2020 | 6 yrs 3 mo | Everllence India Private Limited |
| Gaby Bahige Hanna DIN 09177849 | Director | 29 Jun 2021 | 5 yrs 4 mo | Everllence India Private Limited |
| Raveesh Mutaguppe Krishnamurthy DIN 07504605 | Managing Director | 20 Dec 2021 | 4 yrs 10 mo | Everllence India Private Limited |
| Atul Sharadrao Kulkarni DIN 09384264 | Director | 20 Dec 2021 | 4 yrs 10 mo | Everllence India Private Limited |
People of MAN Energy Solutions
155 people are tracked at MAN Energy Solutions (55 in leadership, 100 in team); the tracked headcount is 663.
| Name | Role | Group |
|---|---|---|
Mok Shu Qing | Head Of Finance | Leadership |
Tomas Lorentz | Head Of Newbuild -turbocharger & Components -americas | Leadership |
Arun Appukuttan | Head Of DK Spare Parts Malaysia | Leadership |
Bernd Philipp | Head Of Sales & Tendering HQ | Leadership |
Jose Silva | CFO Power Plants & EPC Components (cryogenic, Methanization, Hydrogen), VP | Leadership |
Rüdiger Schmidt | Head Of Sales & Promotion Germany | Leadership |
Nikos Parras | Head Of Sales/ Primeserv Diesel | Leadership |
Anne Louise Woldby Hansen | Head Of Sales Support, APAC | Leadership |
| COO | Leadership | |
André Pfisterer | Head Of Contracts&commercial Project Management | Leadership |
Vincent Burcier | Head Of Industrial Controlling | Leadership |
Adam Green | Managing Director, MAN Energy Solutions Taiwan Ltd | Leadership |
Bertil Hammerby | Senior Manager, Head Of Financial Reporting, MAN Denmark | Leadership |
Pascale Aubert | Head Of Sales And Business Development (new Equipment) | Leadership |
Reinaldo Bermudez | Head Of Industrial Segment-americas Region | Leadership |
Ky Heo | Head Of Sales & Primeserv Industries, North East Asia | Leadership |
Mads Færk | Head Of Sales | Leadership |
Amit Jain | Head Of Industries | Leadership |
Lee Guillan | Head Of Project Management Oil & Gas | Leadership |
Uwe Lauber | CEO & Chief Sales Officer | Leadership |
135 more people are available in the full profile.
Complete people profiles for MAN Energy Solutions
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of MAN Energy Solutions
Figures of Everllence India Private Limited, the primary company behind MAN Energy Solutions, for FY 2023. Revenue was ₹679 Cr (+22% year on year). Net profit was ₹108 Cr (16% margin). EBITDA was ₹126 Cr (19% margin). Revenue has grown at a compounded annual rate of +22% over three years and +8% over five years.
- ₹679 CrRevenue · FY 2023 · +22% YoY
- ₹108 CrNet profit · 16% margin
- ₹126 CrEBITDA · 19% margin
- ₹41.11 CrPaid-up capital
- 663Employees (provident fund records)
- +22%Revenue CAGR, 3 years
- +8%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Everllence India Private Limited are on its company page.
Detailed financial statements for MAN Energy Solutions
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Investments & Acquisitions by MAN Energy Solutions
MAN Energy Solutions has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include H-TEC SYSTEMS and MaxWatt Turbines.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Developer of hydro energy projects | h-tec.com | Augsburg, Germany | 1997 | Jan 2021 | •••• | |
Power generation equipment is manufactured by MaxWatt Turbines. | Bengaluru, India | 2022 | Jun 2015 | •••• |
Complete acquisition details for MAN Energy Solutions
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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- Exports
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Timeline of MAN Energy Solutions
5 dated milestones of MAN Energy Solutions across 11 years, from founding to its latest funding, stage changes and deals.
- Founded MAN Energy Solutions is founded.
- Funding First funding round of $6.6M.
- Acquisition Acquires MaxWatt Turbines.
- Acquisition Acquires H-TEC SYSTEMS.
- Funding Latest funding round, Grant, of $86K.
Web traffic of MAN Energy Solutions
The website of MAN Energy Solutions (man-es.com) receives about 165.2K visits a month and ranks #277,558 among all websites worldwide, #7,926 in Shipping and Logistics.
- Monthly visits165.2K
▲ 9.9% vs previous month
- Unique visitors59K
per month
- Global rank#277,558
among all websites
- Category rank#7,926
Business and Consumer Services · Shipping and Logistics
- Bounce rate41%
- Pages per visit2.1
- Average visit1 min 09 sec
- DevicesDesktop 44% · Mobile 56%
Websites whose visitors overlap most with MAN Energy Solutions. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| wartsila.com | 100% | 495.3K | #94,925 | View details | |
| wingd.com | 94% | 37.4K | #732,568 | View details | |
seatrade-maritime.com | seatrade-maritime.com | 94% | #351,957 | – | |
 maritimeexpert.wordpress.com | maritimeexpert.wordpress.com | 94% | #2,869,017 | – | |
marinelog.com | marinelog.com | 94% | #653,249 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for MAN Energy Solutions
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Related news about Man Energy Solutions
Complete news archive for MAN Energy Solutions
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Frequently Asked Questions about MAN Energy Solutions
MAN Energy Solutions was founded in 2010 and raised its 1st funding round 5 years after it was founded.
MAN Energy Solutions is headquartered in Augsburg, Germany. It is registered at Augsburg, Bavaria, Germany.
MAN Energy Solutions has 663 employees.
The primary company behind MAN Energy Solutions, Everllence India Private Limited, reported revenue of ₹679 Cr for FY 2023, up 22% year on year.
Founded in 2010 and based in Augsburg, Germany, the company operates in the energy sector with a focus on marine and industrial applications. Propulsion systems, engines, and related technologies are provided to support decarbonization efforts. Solutions incorporate multiple fuel types and digital tools for enhanced performance and efficiency. Services and maintenance support are extended to products, while carbon-neutral options are advanced for various industries.
MAN Energy Solutions offers Engines and Heat Pumps.
MAN Energy Solutions has made 2 acquisitions, including H-TEC SYSTEMS, and MaxWatt Turbines.
MAN Energy Solutions has 1 investor. Key investors include European Union.
MAN Energy Solutions operates through Everllence India Private Limited.
The legal entities of MAN Energy Solutions currently have 7 directors, including Raveesh Mutaguppe Krishnamurthy, Michael Pflueger, Gaby Bahige Hanna and others.
The website of MAN Energy Solutions receives about 165 thousand visits a month and ranks #277,558 among all websites worldwide.