GROUPE ATLANTIC

What GROUPE ATLANTIC does

GROUPE ATLANTIC is a France-based private industrial group founded in 1968 by Pierre Lamoure and Paul Radat, headquartered in La Roche-sur-Yon, and specializing in thermal comfort solutions for residential, commercial/tertiary, and industrial buildings. The Group operates 33 industrial sites and 45 commercial locations across 4 continents with approximately 9,400 employees and €2.2 billion in disclosed turnover, positioning it as the European leader in thermal comfort and #1 in France for heat pumps.

The product portfolio spans heat pumps (air-to-water, ground-source), hybrid solutions, gas boilers (domestic, collective, and industrial), electric and thermodynamic water heaters, hot water tanks, electric radiators and towel warmers, air handling units, ventilation, air conditioning, fire protection, hydraulic ceiling systems, and connected IoT solutions (Cozytouch, E2C regulation, remote programming, and air-quality monitoring). Nineteen complementary brands (Atlantic, Thermor, Sauter, Ideal Heating, ACV, Austria Email, Hamworthy Heating, Gledhill, Ygnis, Erensan, Triangle Tube, Lazzarini, etc.) address distinct regional and segment niches. Technology differentiation rests on 20+ years of in-house electronic regulation and energy management (E2C), Industry 4.0 manufacturing, and a 'Tous Innovateurs' innovation program supported by 5 Fab Labs.

The business model is B2B-led, monetized through hardware sales of thermal-comfort equipment plus recurring services (technical assistance, training, spare parts, maintenance, field repair). Distribution combines professional distributor networks, direct regional sales teams, installer clubs, technical prescribers, and 11 training centers across regions; revenue is quote-based and not publicly disclosed. Renewables (heat pumps, hybrid systems) contributed 28% of revenue in 2021 with a stated target of 50% by 2030. Ownership transitioned in May 2026 when the Group finalized an agreement with Paloma Rheem to create a global HVAC leader under Americo-Japanese control.

Name

GROUPE ATLANTIC

Legal name

Atlantic Société Française de Développement Thermique (SFDT)

Website

https://groupe-atlantic.fr

Company type

Private

Founded year

1968

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

GROUPE ATLANTIC is a France-headquartered private industrial group founded in 1968 that designs, manufactures, and distributes thermal comfort solutions — heat pumps, boilers, water heaters, ventilation, air conditioning, and connected systems — across 4 continents via 19 brands, serving residential, commercial, and industrial customers with €2.2 billion in revenue.

Ownership category

akta.pro rank

Product category

Thermal Comfort and HVAC Equipment

NAICS

Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Heating Equipment (except Warm Air Furnaces) Manufacturing (333414), Power Boiler and Heat Exchanger Manufacturing (332410), Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Heating Equipment, Except Electric & Warm Air Furnaces (3433), Refrigeration & Service Industry Machinery (3580)

akta.pro primary industry

HVAC Equipment (Heating, Cooling & Air Handling) (IMAHAKAB)

akta.pro secondary industry

Chillers & Cooling Plant Equipment (IMAHAKAE)

Keywords

• Thermal comfort solutions
• Heat pump manufacturing
• HVAC equipment
• Hot water systems
• Heating boilers

Headquarters

HQ city

La Roche-sur-yon

HQ country

France

HQ region

Europe

Offices25 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Product Sales: Sale of thermal comfort equipment including heat pumps, boilers, water heaters, air conditioning, and ventilation systems across residential, commercial, and industrial segments.
2. Services and After-Sales: Technical assistance, training, spare parts distribution, maintenance, and field troubleshooting services throughout product lifecycle.
3. Renewable Energy Solutions: Revenue from low-carbon solutions including heat pumps and hybrid systems. Target of 50% of revenue from renewable energy solutions by 2030 (from 28% in 2021).

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels10 records

Core offering

GROUPE ATLANTIC designs, manufactures and distributes thermal comfort equipment including heat pumps, gas boilers, water heaters, electric radiators, air handling units, ventilation systems and connected IoT-enabled climate control products. The group operates a multi-brand portfolio (Atlantic, Thermor, Sauter, Ideal Heating, ACV, Austria Email, Hamworthy, Gledhill, Ygnis, Erensan, Triangle Tube, and others) serving residential, commercial/tertiary and industrial customers across 33 industrial sites and 45 commercial locations on four continents.

Product overview

GROUPE ATLANTIC is a French industrial group founded in 1968 specializing in thermal comfort solutions. The company operates a multi-brand portfolio of 19 brands (Atlantic, Thermor, Sauter, Ideal Heating, ACV, Austria Email, Hamworthy Heating, Gledhill, Ygnis, Erensan, Triangle Tube, and others) offering a comprehensive range of heating, cooling, and hot water products. The product portfolio includes heat pumps, hybrid solutions, gas boilers, hot water tanks, electric heating, air handling units, climate control systems, and connected IoT-enabled solutions. The company serves residential, collective/tertiary, and industrial markets across 33 industrial sites and 45 commercial locations on 5 continents, with approximately 9,400 employees and €2.2 billion in revenue. The E2C (Electronic Control Connectivity) division develops inter-product communication and connected solutions including Cozytouch remote control applications.

Differentiator

Problem solved

Functional benefit

Brands

• Atlantic: Core brand for heating, cooling, and air quality solutions
• Thermor
• Sauter
• Ideal Heating
• ACV
• Austria Email
• Hamworthy Heating
• Gledhill
• Ygnis
• Erensan
• Orcon
• Lazzarini
• Keston
• Edesa
• Thercon
• Triangle Tube

Products and services

• Heat Pumps
• Gas Boilers
• Hybrid Solutions
• Hot Water Tanks and Water Heaters
• Electric Heating
• Air Handling Units and Climate Control
• Hydraulic Ceiling Systems
• Heat Networks (District Heating)
• E2C Connected Solutions (Cozytouch)
• Technical Services, Spare Parts and Training

Quantifiable outcome

• Revenue from renewable energy solutions increased from 16% in 2010 to 28% in 2021
• +2 more outcomes

Named customers11 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability4 records

Feature3 records

Partnerships

Nine partnerships are on record, tiered major and core.

• RocketPhone.aimajorTechnology or Integration · 5 March 2026RocketPhone.ai positioned its Groupe Atlantic deployment as a flagship enterprise rollout where their conversation intelligence platform became embedded in day-to-day operations, pushing actionable insights into Salesforce workflows.
• Paloma RheemcoreStrategic or Co-development Partner · 22 December 2025GROUPE ATLANTIC and Paloma Rheem announced signing of agreement to create a global HVAC leader. This marks a significant strategic move to combine expertise and market reach in heating and ventilation solutions.
• Paloma RheemcoreStrategic or Co-development Partner · 22 May 2025GROUPE ATLANTIC and Paloma Rheem announced finalization of their agreement to create a global leader in HVAC solutions. This strategic partnership combines two major players in the thermal comfort industry to strengthen their global market position.
• Clade Engineering Systems (UK)majorStrategic or Co-development Partner · 11 April 2023GROUPE ATLANTIC announced equity participation in Clade Engineering Systems (UK) to accelerate international growth and strengthen commitments to low-carbon building transition. This investment supports expansion in the UK market and heat pump technology.
• Hindware Home Innovation Limited (HHIL)majorStrategic or Co-development Partner · 26 January 2023GROUPE ATLANTIC established industrial presence in the Indian market with partner HHIL, pursuing international deployment. Manufacturing water heaters in Hyderabad through this joint venture.
• VENTILINEmajorStrategic or Co-development Partner · 2 December 2021GROUPE ATLANTIC continued its European market development with the acquisition of VENTILINE, expanding its product portfolio in ventilation solutions.
• Thermic EnergymajorStrategic or Co-development Partner · 12 October 2021GROUPE ATLANTIC confirmed its development in Germany and eco-efficient technologies with the acquisition of Thermic Energy.
• Groupe HautecmajorStrategic or Co-development Partner · 8 July 2021GROUPE ATLANTIC confirmed its development in green technologies with the acquisition of Groupe Hautec, strengthening capabilities in heat pump solutions.
• ecosystemcoreStrategic or Co-development Partner · 1 January 2021GROUPE ATLANTIC is founding member of ecosystem, an approved eco-organization for repair, reuse, depollution and recycling of WEEE (Waste Electrical and Electronic Equipment). Since 2021, collaborating on insulation foam depollution project. In 2024, ecosystem collected and treated 1.8 million equipment from the Group.

Scale indicators9 records

Recent moves12 records

Expansion highlights8 records

Broad incumbents

• Trane Technologies: US-listed global climate solutions leader (Trane, Thermo King) with HVAC products across commercial and residential. Indirect peer with overlapping commercial/industrial HVAC, controls, and energy-efficiency offerings.
• Daikin Industries: Global Japanese HVAC incumbent and world #1 in air conditioning. Broader incumbent offering heating, cooling, and refrigerants at global scale; overlaps with Groupe Atlantic's air-handling and AC product lines and increasingly in European heat pumps.
• Mitsubishi Electric (Living Environment Systems): Global Japanese conglomerate with a major HVAC/heat-pump division. Competes with Groupe Atlantic across heat pumps, air conditioning, and ventilation in commercial and residential segments.

Direct peers

• BDR Thermea Group: BDR Thermea is a European leader in smart heating and hot water solutions (brands including Remeha, De Dietrich, Baxi). It directly competes with Groupe Atlantic across residential and commercial heating/heat-pump segments in France, Benelux, UK, and Germany.
• Viessmann Climate Solutions: German heating/heat-pump specialist now operating within Carrier. Direct competitor to Groupe Atlantic in residential/commercial heat pumps and condensing boilers across Europe.
• Bosch Thermotechnology: Bosch's heating and hot-water division (Buderus, Junkers, Worcester) is one of the largest European competitors of Groupe Atlantic across heat pumps, boilers, and commercial HVAC.
• Vaillant Group: German family-owned HVAC group (Vaillant, Saunier Duval, AWB) manufacturing heating, heat pumps, and ventilation. Direct peer to Groupe Atlantic in European heat pumps, boilers, and renewable thermal solutions.
• Ariston Group: Italian-listed global leader in water heating and heating systems (Ariston, ELCO). Direct peer in residential boilers, heat pumps, and water heaters across Europe and emerging markets.
• Ferroli Group: Italian heating manufacturer producing boilers, heat pumps, and air conditioning for residential and light commercial markets. Competes with Groupe Atlantic across Southern Europe and selected export markets.

Regional players

• Fondital Group: Italian radiator and boiler manufacturer with growing heat-pump activity. Regional peer with overlapping product categories (radiators, condensing boilers, hybrid systems), primarily serving Southern Europe and Mediterranean markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/groupe_atlantic
• YouTubeyoutube.com/channel/UCRVPxxXEIjHlGOHRHZAI3sA
• Facebookfacebook.com/groupeatlantic
• LinkedInlinkedin.com/company/313679
• Instagraminstagram.com/groupeatlantic

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries14 records

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

Frequently asked questions about GROUPE ATLANTIC