TM Systems

What TM Systems does

TM Systems is a Finnish industrial engineering and manufacturing company founded in 1974 and headquartered in Turku, Finland. The company designs, manufactures, and delivers air systems, drying solutions, and emission control equipment for process industries, with the pulp and paper sector as its primary customer base and secondary exposure to biomass processing, food, mining, and packaging. Core proprietary technologies include Zero-Ex®, a patented closed-loop emission capture system that recirculates water and energy while eliminating CO2, VOCs, odors, and particulate matter; SuperDryer™, a hybrid flash dryer integrating flash, fluidized bed, and whirl/spin flash drying principles; Trimvac®, a wet separator paper edge trim handling system with 700+ installations; and a portfolio of heat recovery, HVAC, hood, and web stabilization products. The group operates from offices and a manufacturing facility in China (Shanghai and Kunshan), enabling localized fabrication and Asian market reach, and has completed over 1,200 project references across more than 16 countries.

TM Systems generates revenue primarily through project-based, quote-driven equipment sales and EPC turnkey deliveries, supplemented by aftermarket services (spares, maintenance, IoT/remote monitoring), technical audits, troubleshooting, and paid biomass testing at its Turku research facility. Pricing is custom and contract-based with multi-year engagements typical for large industrial customers. The go-to-motion blends direct enterprise field sales through the 90+ professional global team with a regional agent network spanning Czech Republic, Thailand, and India, supported by participation in industry associations (SSG, Bioenergy Europe, EHEDG, Cleantech Finland) and major trade events. Notable commercial milestones include the October 2024 commissioning of the first industrial SuperDryer at CH-Bioforce's Finnish biomass plant, EIC Accelerator grant funding secured in 2022, and sustainability credentials including EcoVadis Silver (2026) and Strongest in Finland Gold (2026). Disclosed 2023 revenue is €17M at the group level and €6M at the parent entity, with the company remaining privately held under founder/CEO Markus Hallapuro.

Name

TM Systems

Legal name

TM System Finland Oy

Website

https://tmsystems.com

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

11–50 employees

Short description

TM Systems is a Finnish industrial engineering company that designs, manufactures, and delivers air systems, drying solutions, and emission control equipment for process industries, primarily pulp and paper mills, with patented Zero-Ex® and SuperDryer™ technologies serving over 1,200 global references.

Ownership category

akta.pro rank

Product category

Industrial air systems and drying equipment

NAICS

Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Industrial and Commercial Fan and Blower and Air Purification Equipment Manufacturing (333413)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)

akta.pro primary industry

Building Thermal Controls & Building Management Systems (HVAC BMS) (IMAHAKAK)

akta.pro secondary industries

HVAC & Industrial Ventilation (Chillers, AHUs, Exhaust, Filtration) (EUAEAFAE), HVAC Controls & Optimization (Smart Thermostats, VAV, Chillers/Boilers Controls) (BPABAGAB)

Keywords

• Industrial air systems
• Process drying technology
• Emission control solutions
• Heat recovery systems
• Biomass drying equipment

Headquarters

HQ city

Turku

HQ country

Finland

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Equipment and Systems Sales: Sale of industrial air systems, drying equipment, emission control systems, and related machinery including hoods, heat recovery units, dryer section air systems, ventilation systems, and specialty equipment like Trimvac and SuperDryer. Projects range from equipment-only sales to complete turnkey deliveries.
2. Project Services: Engineering, procurement, and construction (EPC) services for turnkey deliveries, system rebuilds, technical audits, troubleshooting, and installation support. Services can be bundled with equipment or provided separately.
3. Research and Testing Services: Test drying services at their research facility for biomass and side stream analysis, dry matter content verification, calorific value testing, and process optimization. Available to interested companies for proof-of-concept.
4. Aftermarket Services: Spare parts, backup equipment, maintenance services, and IoT/remote monitoring systems for ongoing customer support and system longevity.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

TM Systems designs, manufactures, and delivers industrial air systems, drying equipment, and emission control solutions for process industries. Its portfolio includes heat recovery units, HVAC systems, machine hall ventilation, hoods, dryer section air systems, and patented technologies such as Zero-Ex® closed-loop emission control, SuperDryer™ hybrid flash dryer, and Trimvac® paper edge trim handling. The company also provides turnkey project delivery, rebuilds, technical audits, research and testing, spare parts, and IoT-based remote monitoring.

Product overview

TM Systems provides industrial air, drying, and emission control solutions as a unified portfolio of hardware systems and services. The core product lines include SuperDryer™ (hybrid flash dryer for biomass), Zero-Ex® (closed-loop emission control), and comprehensive air systems (heat recovery, HVAC, machine hall ventilation, dryer section systems, hoods, trim handling via Trimvac®, web stabilizers via Vacubox, pocket ventilation, wire section ventilation, and pulper exhaust). Supporting services span the project lifecycle: turnkey deliveries, rebuilds, technical audits, troubleshooting, equipment/spares, after-sales support, and IoT/software solutions. The company operates globally with manufacturing in Finland and China, serving over 1,200 references across multiple industries.

Differentiator

Problem solved

Functional benefit

Brands

• SuperDryer™: Next generation hybrid flash dryer for biomass drying applications
• Zero-Ex®
• Trimvac®
• Vacubox®
• Moistex®

Products and services

• SuperDryer™ Hybrid Flash Dryer Next-generation hybrid flash dryer integrating functionalities from flash dryers, fluidized bed dryers, and whirl/spin flash dryers with multi-stage drying and independent airflow control. Designed for drying biomasses, sludges, fibers, and industrial side streams with energy efficiency and zero emissions, with evaporation capacity from 0.1 to 10 kg/s.
• Zero-Ex® Emission Control System Patented, award-winning closed-loop emission control system that captures industrial emissions, VOCs, odors, fog, dust, and GHGs from process exhaust air. Recovers water and energy back to customer processes, achieving over 99% emission elimination.
• Heat Recovery Systems Heat recovery units and towers that capture and reuse thermal energy from industrial processes using air-to-water and air-to-air heat exchangers, significantly reducing energy consumption and CO2 emissions. Across customer installations, these units save approximately 11 TWh of energy annually.
• HVAC Systems for Process Buildings Heating, ventilation, and air conditioning systems for process buildings, electrical rooms, and special rooms, including integrated heat recovery for optimized energy savings under demanding industrial conditions.
• Machine Hall Ventilation Systems Ventilation systems for machine halls including supply air units, exhaust ventilation, and false ceiling ventilation. Improves indoor air quality, thermal comfort, and working conditions for industrial operators.
• Trimvac® Paper Edge Trim Handling System Wet separator paper edge trim handling system with pneumatic transport and wet separation, featuring single fan configuration for multiple sources, ribbon conveyance without shredding, and transportation distances up to 200m.
• Dryer Section Air Systems and Hoods High dewpoint closed dryer section hoods, open canopy hoods, dryer section air systems, pocket ventilation, and wire section ventilation for paper and board machines. Optimizes drying efficiency and energy consumption in the production process.
• Vacubox® Web Stabilizers Web stabilizer product line including Vacubox 2S and Vacubox 3S HV models for dryer section applications, improving winder runnability and sheet quality by controlling web stability during production.
• Turnkey Project Deliveries Full project execution from conception through design, manufacturing, delivery, installation, and startup of air and drying systems for enterprise customers in pulp and paper, biomass, and other process industries.
• Rebuilds and Modernization Services System rebuild and modernization services to improve process performance, energy efficiency, and product quality of existing air systems, including hood rebuilds, heat recovery upgrades, and machine hall ventilation improvements.
• Research and Test Facility Services Test drying services at TM Systems' research facility in Turku, Finland for proof-of-concept drying tests and dry product evaluation. Services include biomass and side stream analysis, dry matter content verification, calorific value testing, and process optimization.
• Technical Audits, Consultation, and Troubleshooting Surveys and analysis for air systems, heat recovery, drying systems, and emission control, plus on-site problem identification, root cause analysis, and corrective action recommendations for system inefficiencies or malfunctions.
• Equipment, Spares, and After-Sales Support Spare parts, backup equipment, fans, and heat pumps for minimizing unscheduled production downtime, plus maintenance services and on-site assistance to increase equipment lifetime and operational efficiency.
• IoT and Remote Monitoring Software Online emission control and remote control systems for real-time monitoring and management of emissions, ensuring compliance and operational efficiency for installed equipment.

Quantifiable outcome

• 11 TWh/year energy saved by heat recovery units
• +8 more outcomes

Named customers16 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

15 partnerships are on record, tiered flagship, core, regional and project.

• CH-BioforceflagshipStrategic or Co-development PartnerTM Systems delivered its first commercial-scale SuperDryer to CH-Bioforce's biomass processing plant in Finland. At this plant, agricultural and food industry residues are converted into valuable products for textiles, pharmaceuticals, and cosmetics industries. The plant processes 35,000 tons of wet biomass annually into 15,000 tons of dry high-purity materials. Commissioning completed in October 2024.
• EcoVadiscoreOthersTM Systems participates in EcoVadis sustainability assessments and earned a Silver Medal in 2026 with a score of 76/100, placing the company among the top 15% of companies globally evaluated. EcoVadis assesses environment, labor, human rights, ethics, and sustainable procurement.
• Standard Solutions Group (SSG)coreStrategic or Co-development PartnerTM Systems is part of SSG, an international network that helps the company reach further than its size suggests, enabling growth and expanded capabilities.
• European Hygienic Engineering & Design Group (EHEDG)coreStrategic or Co-development PartnerTM Systems is a member of EHEDG, a global organization dedicated to improving food safety through hygienic engineering and design. Membership supports their emission-free drying solution for food and feed industry applications.
• Bioenergy EuropecoreStrategic or Co-development PartnerTM Systems is a member of Bioenergy Europe, participating in industry advocacy and knowledge sharing related to bioenergy and biomass utilization.
• Technology Industries of FinlandcoreStrategic or Co-development PartnerTM Systems is a member of Technology Industries of Finland, the leading industrial organization representing technology companies.
• Finnish Forest Product Engineers' AssociationcoreStrategic or Co-development PartnerTM Systems is a member of the Finnish Forest Product Engineers' Association, supporting knowledge exchange and professional development in the forest industry sector.
• Cleantech FinlandcoreGTM or Marketing PartnerTM Systems joined the Cleantech Finland program in 2010 to promote energy saving solutions and air systems in the pulp & paper industry and different industrial processes.
• Miceva spol. s r.o.regionalChannel Partner/ Reseller/ DistributorRegional agent for TM Systems in Czech Republic and surrounding regions in Europe. Located at Plhovska 2228, CZ-19016 Praha 9-Ujezd nad Lesy.
• ExtraCoat Co., Ltd.regionalChannel Partner/ Reseller/ DistributorRegional agent for TM Systems in Thailand. Located at 718/37 Plus Park Avenue, Lasalle rd., Bangna South, Bangkok 10260.
• Jaykay EnterpriseregionalChannel Partner/ Reseller/ DistributorRegional agent for TM Systems in India. Located at 3A, Rammohan Mullick Garden Lane, Kolkata - 700010.
• BioDemo ProjectprojectStrategic or Co-development PartnerTM Systems collaborated with BioDemo project on joint excursion at SuperDryer test facility, building value chains between bioeconomy and circular economy actors.
• KiertoaSuomesta ProjectprojectStrategic or Co-development PartnerTM Systems collaborated with KiertoaSuomesta.fi marketplace project (funded under EU TREASoURcE) for biobased by-products, facilitating connections between material sellers and buyers.
• Finnish Forest IndustriescoreStrategic or Co-development PartnerTM Systems hosted representatives from Finnish Forest Industries at their research and test facility to discuss bioeconomy, side stream utilization, and circular economy solutions.
• Shanying Paper (Suzhou) Co., Ltd.flagshipStrategic or Co-development PartnerLong-term strategic partnership for delivery of complete EPC solutions including closed hood systems, heat recovery units, and hall ventilation. TM Systems recently visited to strengthen partnership, exchange technical expertise, and discuss future collaboration for efficient and sustainable paper production.

Scale indicators12 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Valmet: Finland-based global leader in pulp, paper, and energy process technologies with a full portfolio of air systems, hoods, dryer sections, and rebuild services. Closest direct competitor to TM Systems' pulp & paper air and drying equipment offerings, with overlapping EPC and modernization projects.
• Alfa Laval: Swedish global leader in heat transfer, heat exchangers, and energy recovery equipment for process industries. Direct competitor to TM Systems' heat recovery towers and energy-efficiency offerings across pulp & paper and process customers.
• Andritz: Austrian supplier of pulp & paper equipment, including air systems, drying technologies, and rebuild services; comparable product portfolio to TM Systems and a major competitor for greenfield paper mill projects globally.
• GEA Group: German global supplier of process engineering equipment including spray dryers, fluid bed dryers, and biomass processing lines. Comparable to TM Systems' SuperDryer™ hybrid flash dryer for biomass and industrial drying applications.
• Kadant: US-based supplier of stock-preparation and paper machine components including trim handling (competing with Trimvac®), web stabilizers (competing with Vacubox®), and fluid handling; directly comparable niche products in paper-machine runnability.
• FläktGroup: European specialist in industrial air handling, ventilation, and air filtration for industrial and process applications. Direct overlap with TM Systems' HVAC, machine hall ventilation, and exhaust system offerings for industrial facilities.

Broad incumbents

• Ingersoll Rand: US-listed global provider of industrial air solutions including compressors, blowers, and vacuum systems serving process industries. Indirect comparable in industrial air and ventilation equipment, with much broader end-market exposure.
• Atlas Copco: Swedish global industrial air and compressor specialist with adjacent industrial ventilation and gas-processing solutions. Comparable in industrial air technologies, with broader scale and more diverse end markets.
• Voith: German multi-billion-dollar conglomerate serving paper, energy, and digital industrial markets; broader portfolio than TM Systems but competes head-to-head for full paper-machine rebuilds and air system scope.

Emerging players

• Bühler Group: Swiss process and drying technology provider for food, feed, and biomass applications. Overlaps with TM Systems' SuperDryer™ biomass drying pipeline and food-processing emission control ambitions through EHEDG membership.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/tm-system-finland-oy

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TM Systems