About Thermo King
Thermo King is a company based in Bloomington (United States) founded in 1938 was acquired by Ingersoll Rand in September 1997.. Thermo King has completed 2 acquisitions, including Celtrak and Mohawk Truck. Thermo King operates in a competitive market with competitors including Ryder, J.B. Hunt Transport, Marten Transport, Lekkerland and Raino, among others.
- Headquarter Bloomington, United States
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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 King Holdco Aps
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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
Celtrak
& 1 more
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Acquired by
Ingersoll Rand
(Sep 15, 1997)
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Funding Insights of Thermo King
| 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 Thermo King
Thermo King has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Ingersoll Rand. 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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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 Thermo King
Thermo King has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Celtrak and Mohawk Truck. 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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Print and digital magazines are published across multiple sectors.
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2000 | ||||
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Service and parts for tractors, trailers, and trucks are provided.
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1951 |
| 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 - Thermo King
| 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 |
Thermo King Comparisons
Competitors of Thermo King
Thermo King 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 Ryder, J.B. Hunt Transport, Marten Transport, Lekkerland and Raino, 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 |
Fleet leasing and supply chain solutions are provided globally.
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| domain | founded_year | HQ Location |
Transportation logistics services are provided across North America.
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| domain | founded_year | HQ Location |
Temperature-sensitive truckload carrier
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| domain | founded_year | HQ Location |
Provider of temperature controlled logistics services
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| domain | founded_year | HQ Location |
Truck transportation services for cold chain logistics are provided.
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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 Thermo King
Frequently Asked Questions about Thermo King
When was Thermo King founded?
Thermo King was founded in 1938.
Where is Thermo King located?
Thermo King is headquartered in Bloomington, United States. It is registered at Bloomington, Indiana, United States.
Who is the current CEO of Thermo King?
Jerome Butler is the current CEO of Thermo King.
What does Thermo King do?
Thermo King was founded in 1938 in Bloomington, United States, and operates within the transportation sector. Temperature-controlled solutions for trucks, trailers, and railcars are developed and supplied to ensure product integrity during transit. Services encompass refrigeration units, telematics, and maintenance support, serving industries such as food, pharmaceuticals, and logistics. Headquarters remain in Bloomington, with international distribution networks established across multiple continents. Leadership is provided by CEO Jerome Butler.
Who are the top competitors of Thermo King?
Thermo King's top competitors include Ryder, J.B. Hunt Transport and Marten Transport.
How many acquisitions has Thermo King made?
Thermo King has made 2 acquisitions, including Celtrak, and Mohawk Truck.
Who are Thermo King's investors?
Thermo King has 1 investor. Key investors include Ingersoll Rand.
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