Airec

Airec

Develops plate heat exchangers for gas mediums.

HQ location
Malmö kommun, Sweden
Launch date
Employees
Enterprise value
$15—22m
Company register number
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DateInvestorsAmountRound
-investor investor

€0.0

round
investor investor

€0.0

round
investor

€0.0

round

SEK700k

Grant
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
SEK20202021202220232024
Revenues00000000000000000000
% growth-14 %(8 %)(14 %)(12 %)
EBITDA00000000000000000000
Profit00000000000000000000
% profit margin8 %8 %12 %3 %(1 %)
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Company filings or news article

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More about Airec
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Airec, operating under Innoheat Sweden AB, is a specialized engineering firm focused on the design and production of advanced plate heat exchangers for gas-to-liquid and air-to-air heat transfers. The company was established on February 17, 2000, and operates from its headquarters in Malmö, Sweden.

The core of Airec's business model is centered on collaborating directly with Original Equipment Manufacturer (OEM) partners. Through mutual development projects, Airec designs and supplies complete heat exchanger systems that are integrated into the partners' products and often sold under the customer's own label as an accessory. This B2B strategy targets leading international companies in sectors such as energy, oil & gas, and manufacturing. The company's activities involve the manufacturing and sale of these systems and their related equipment.

Airec's product portfolio consists of patented stainless steel plate heat exchangers, distinguished by their ability to handle extremely high gas temperatures. These units are engineered for applications where standard market products fail to meet specific customer needs, particularly in scenarios requiring minimal pressure drop or maximal heat transfer. The technology provides a more compact and efficient alternative to traditional tube-based exchangers, enabling superior energy recovery. Key applications include recovering heat from combustion gases and cooling compressed air.

Keywords: heat exchangers, OEM manufacturing, gas-to-liquid transfer, energy recovery, thermal management, industrial engineering, plate heat exchangers, B2B components, custom design, air-to-air systems

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