Therma

Oslo, Norway Founded: 1997 • Age: 29 yrs Acquired By Francks Kylindustri
Lighting systems are manufactured by Therma in Oslo, Norway.

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
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Therma Industri
Operational Areas
Energy & Utilities → Energy Storage & Efficiency
Key Metrics
  • Annual Revenue
    $18.93 M (USD)
    -23
    as on Dec 31, 2022
  • Net Profit
    $1.17 M (USD)
    -27
    as on Dec 31, 2022
  • EBITDA
    $1.2 M (USD)
    -35
    as on Dec 31, 2022
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • 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.

Primary

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

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 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.

All
Investor Description Founded Year Domain Location
Industrial heating and cooling solutions are provided for technical applications.
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 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.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of residential plumbing, electricity, and cooling services
1971
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Therma

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

Therma Comparisons

Employees
+
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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.
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 Therma

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.

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