About Swegon
Swegon is a company based in Goteborg (Sweden) founded in 1961 was acquired by Cross Rental in November 2019.. Swegon has completed 15 acquisitions, including American Geothermal, Bluebox Cooling and Coolmation. Swegon offers products and services including Air Handling Units, Cooling Systems, and Software Tools. Swegon operates in a competitive market with competitors including Wavin, Halton, Zehnder Group, Kaz and Laoken, among others.
- Headquarter Goteborg, Sweden
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Swegon A/S
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
American Geothermal
& 14 more
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Acquired by
Cross Rental
(Nov 11, 2019)
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Products & Services of Swegon
Swegon offers a comprehensive portfolio of products and services, including Air Handling Units, Cooling Systems, and Software Tools. 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.
Systems for efficient air management in buildings.
Solutions for heating and cooling in various environments.
Applications for indoor climate calculations and configuration.
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Sales and Marketing
24 people
Leadership Team
13 people
Software Development Team
12 people
Product Management Team
12 people
Application Team
4 people
Finance and Accounting
4 people
Human Resources and Administration
3 people
Customer Team
1 people
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Funding Insights of Swegon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Swegon
Swegon has secured backing from 1 investor. Prominent investors backing the company include Cross Rental. 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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Heating boilers and chiller hiring services provider
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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 Swegon
Swegon has strategically engaged in corporate development activities, having acquired 15 companies. Notable acquisitions include American Geothermal, Bluebox Cooling and Coolmation. 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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Decentralized ventilation systems for living spaces are manufactured.
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2010 | ||||
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Provider of air treatment services
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2009 | ||||
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Distributor of air conditioning, heat pumps, fan coils, and ice water machines
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2001 |
| 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 - Swegon
| 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 |
Swegon Comparisons
Competitors of Swegon
Swegon 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 Wavin, Halton, Zehnder Group, Kaz and Laoken, 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 |
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| domain | founded_year | HQ Location |
Air and waste water management solutions are provided worldwide.
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| domain | founded_year | HQ Location |
Provider of indoor environmental management products
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| domain | founded_year | HQ Location |
Indoor climate control solutions are provided for commercial applications.
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| domain | founded_year | HQ Location |
Air purifiers and humidifiers are manufactured and distributed by Kaz.
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| domain | founded_year | HQ Location |
Medical sterilization and disinfection equipment is designed and manufactured.
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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 Swegon
Frequently Asked Questions about Swegon
When was Swegon founded?
Swegon was founded in 1961.
Where is Swegon located?
Swegon is headquartered in Goteborg, Sweden. It is registered at Goteborg, Vastra Gotaland, Sweden.
Who is the current CEO of Swegon?
Andreas Orje Wellstam is the current CEO of Swegon.
What does Swegon do?
Swegon was founded in 1961 in Gothenburg, Sweden, and operates within the ventilation sector. Indoor environmental solutions are offered, including air handling units, chilled beams, fire dampers, and related services. A range of products is supplied to support commercial and industrial applications across various regions. Operations focus on engineering and manufacturing for efficient air distribution systems.
Who are the top competitors of Swegon?
Swegon's top competitors include Halton, Wavin and Zehnder Group.
What products or services does Swegon offer?
Swegon offers Air Handling Units, Cooling Systems, and Software Tools.
How many acquisitions has Swegon made?
Swegon has made 15 acquisitions, including American Geothermal, Bluebox Cooling, and Coolmation.
Who are Swegon's investors?
Swegon has 1 investor. Key investors include Cross Rental.
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