About Therma
Therma is a company based in Oslo (Norway) founded in 1997 was acquired by Francks Kylindustri in January 2022. It operates as a Professional Services, and Reseller / Distribution. Therma has completed 1 acquisition, including Sogn Kjoleservice. Therma offers products and services including Heat Pumps, Cooling and Freezing Storage, Energy Centers, Freezing Solutions, and Ice Machines.
- Headquarter Oslo, Norway
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Therma Industri
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Annual Revenue
$18.93 M (USD)-23as on Dec 31, 2022
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Net Profit
$1.17 M (USD)-27as on Dec 31, 2022
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EBITDA
$1.2 M (USD)-35as on Dec 31, 2022
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Latest Funding Round
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Francks Kylindustri
(Jan 12, 2022)
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Products & Services of Therma
Therma offers a comprehensive portfolio of products and services, including Heat Pumps, Cooling and Freezing Storage, Energy Centers, Freezing Solutions, and Ice Machines. 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.
Environmentally friendly heat pumps for various market needs.
Solutions provided for diverse cooling and freezing needs.
Industrial cooling and heat pump systems are offered.
Wide range of freezers for freezing requirements provided.
Industrial ice machines with high daily production capacity.
Funding Insights of Therma
| 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 |
Investors in Therma
Therma has secured backing from 1 investor. Prominent investors backing the company include Francks. 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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Industrial heating and cooling solutions are provided for technical applications.
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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 Therma
Therma has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sogn Kjoleservice. 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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Provider of residential plumbing, electricity, and cooling services
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1971 |
| 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 - Therma
| 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 |
Therma Comparisons
Competitors of Therma
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Therma
When was Therma founded?
Therma was founded in 1997.
Where is Therma located?
Therma is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Who is the current CEO of Therma?
Roger Larsen is the current CEO of Therma.
What is the annual revenue of Therma?
Annual revenue of Therma is $18.93M as on Dec 31, 2022.
What does Therma do?
Therma is established as a total contractor specializing in industrial heating and cooling systems. Solutions are provided across various sectors including construction, seafood and aquaculture, ice rinks, dairy, slaughterhouses, and commercial cooling. A wide range of products such as heat pumps, cooling and freezing storage, energy centers, freezing solutions, and ice machines are offered. Services including spare parts, maintenance, and training through thermAcademy are also provided to ensure sustainability and long operational life for clients throughout Norway.
What products or services does Therma offer?
Therma offers Heat Pumps, Cooling and Freezing Storage, Energy Centers, Freezing Solutions, and Ice Machines.
How many acquisitions has Therma made?
Therma has made 1 acquisition, including Sogn Kjoleservice.
Who are Therma's investors?
Therma has 1 investor. Key investors include Francks.