About Munters
Munters is a company based in Beverly (United States) founded in 1955 was acquired by Nordic Capital in November 2010. The company has 5,410 employees as of December 31, 2024. Munters has completed 13 acquisitions, including Airprotech, BTN and EDPAC. Munters offers products and services including Dehumidification Systems and Cooling Solutions. Munters operates in a competitive market with competitors including Enersense, South Pole, Catagen, Camfil and CECO, among others.
- Headquarter Beverly, United States
- Employees 5410 as on 31 Dec, 2024
- Stage Public
-
Sectors
Energy & Utilities
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Munters Group Ab
-
Annual Revenue
$1.6 B (USD)-4.8as on Dec 31, 2025
-
Net Profit
$11.51 M (USD)-89.11as on Dec 31, 2025
-
EBITDA
$221.5 M (USD)-24.44as on Dec 31, 2025
-
Latest Funding Round
$177.81 M (USD), Post-IPO
Nov 01, 2019
-
Investors
European Union
& 1 more
-
Employee Count
5410
as on Dec 31, 2024
-
Investments & Acquisitions
Airprotech
& 12 more
-
Acquired by
Nordic Capital
(Nov 05, 2010)
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.
- 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 Munters
Munters is a publicly listed company on the OMXSTO with ticker symbol MTRS in Sweden, 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 Munters
Munters offers a comprehensive portfolio of products and services, including Dehumidification Systems and Cooling Solutions.
Equipment for moisture control in industrial environments
Systems for energy-efficient air and liquid cooling
People of Munters
Unlock access to complete
Unlock access to complete
Software Development Team
53 people
Sales and Marketing
36 people
Leadership Team
30 people
Finance and Accounting
14 people
Operations Team
7 people
Human Resources and Administration
7 people
Product Management Team
6 people
Project Team
4 people
Unlock access to complete
Funding Insights of Munters
Investors in Munters
Munters has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and Nordic Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
-
|
Locked | Locked | Locked | |
|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
|
Locked | Locked | Locked |
Investor details for Munters
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 Munters
Munters has strategically engaged in corporate development activities, having acquired 13 companies. Notable acquisitions include Airprotech, BTN and EDPAC.
Investment portfolio details for Munters
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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Provides real-time livestock monitoring solutions
|
Locked | Locked | 2018 | Locked | |
|
Provider of cloud-based automation and technology solutions for the agro-industrial sector
|
Locked | Locked | 2004 | Locked | |
|
Humidifier sales, installation, service, and maintenance are provided.
|
Locked | Locked | 1999 | Locked |
Complete acquisition details for Munters
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 - Munters
Detailed financials for Munters
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.
Munters Comparisons
Peer comparison for Munters
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.
Competitors of Munters
Munters 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 Enersense, South Pole, Catagen, Camfil and CECO, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Lifecycle services are provided for energy, industrial, and telecom infrastructure.
|
|
| Locked | Locked | Locked |
Carbon offset solutions are provided globally by South Pole.
|
|
| Locked | Locked | Locked |
Air management services are provided for industrial and environmental needs.
|
|
| Locked | Locked | Locked |
Camfil is recognized as a global leader in air filtration solutions.
|
|
| Locked | Locked | Locked |
Provider solutions that protect people, the environment, and industrial equipment
|
Detailed competitors of Munters
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 Munters
Complete news archive for Munters
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 Munters
Munters was founded in 1955 and raised its 1st funding round 62 years after it was founded.
Munters is headquartered in Beverly, United States. It is registered at Beverly, Massachusetts, United States.
Klas Forsstrom is the current CEO of Munters.
As of Dec 31, 2024, the latest employee count at Munters is 5,410.
Annual revenue of Munters is $1.6B as on Dec 31, 2025.
Munters was founded in 1955 and is headquartered in Beverly, United States. Climate control systems for dehumidification, cooling, and air quality are designed and manufactured by the company for sectors such as data centers, food and agriculture, and pharmaceuticals. Related services are offered, with emphasis placed on energy efficiency and sustainability. Software for optimizing climate control in food production is also provided.
Munters's top competitors include Enersense, South Pole and CECO.
Munters offers Dehumidification Systems and Cooling Solutions.
Yes, Munters is publicly traded on OMXSTO under the ticker symbol MTRS.
Munters has made 13 acquisitions, including Airprotech, BTN, and EDPAC.
Munters has 2 investors. Key investors include European Union, and Nordic Capital.
The ticker symbol of Munters is MTRS on OMXSTO.