What Novenco Building & Industry does

Novenco Building & Industry A/S, founded in 1947 and headquartered in Næstved, Denmark, designs and manufactures high-efficiency axial flow fans, jet fans, centrifugal fans, and pressure differential smoke-control systems for buildings, industrial facilities, data centres, tunnels, and car parks. The company's core technology centres on the ZerAx axial flow fan platform (up to 92% efficiency) and the EC+ concept, which integrates ZerAx fans with IE4/IE5 permanent magnet motors and Danfoss VLT frequency drives to deliver total HVAC system efficiencies of up to 85%. The ClearChoice pressure differential system provides certified stairwell pressurization for high-rise buildings up to 40 storeys, with proprietary 0.7-second actuators, and products carry a broad certification portfolio including EN 12101-3, ATEX, IACS, and alignment with LEED, BREEAM, and DGNB green-building frameworks.

The company sells through direct enterprise field sales from Denmark combined with a global network of regional offices and authorized channel partners (e.g., AIR TECHNO INDIA). Revenue is generated primarily through hardware sales of fans and components, project-based system sales including design-through-commissioning for infrastructure projects, and aftermarket spare parts. Customer references span large multinational enterprises (Unilever, Carlsberg, Volkswagen, Mercedes-Benz, Fraport/Frankfurt Airport, Keppel Bay Tower) and public-sector projects (Odense University Hospital, Aarhus Concert Hall), with installations across Europe and Asia Pacific including Denmark, Germany, the Netherlands, the UK, Norway, Italy, Spain, India, Singapore, and China.

Novenco operates as a subsidiary of Switzerland-based SCHAKO Group, a diversified industrial conglomerate that owns multiple ventilation and air-handling brands. The company employs 251-500 people and does not publicly disclose financial results; it has no venture funding history and is financed through its parent's capital structure. Recent strategic emphasis has been on the ZerAx platform refresh, the EC+ bundled high-efficiency HVAC concept, and expansion of the ClearChoice life-safety offering into high-rise and modular construction markets, alongside channel-driven growth in India and APAC.

Name

Novenco Building & Industry

Legal name

Novenco Building & Industry A/S

Website

https://novenco-building.com

Company type

Private

Founded year

1947

Operating status

Operating

Headcount range

251–500 employees

Short description

Novenco Building & Industry, founded 1947 in Denmark, manufactures high-efficiency axial and centrifugal fans, jet fans, and pressure differential smoke-control systems for buildings, industry, data centres, tunnels, and car parks. It sells globally via direct sales and channel partners, and is a subsidiary of SCHAKO Group.

Ownership category

akta.pro rank

Product category

Industrial Ventilation Equipment

NAICS

Industrial and Commercial Fan and Blower and Air Purification Equipment Manufacturing (333413), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512)

SIC

Industrial & Commercial Fans & Blowers & Air Purifing Equip (3564), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Auto Controls For Regulating Residential & Comml Environments (3822)

akta.pro primary industry

Ventilation, Ducting & Air Distribution Equipment (IMAHAKAG)

akta.pro secondary industries

Fans, Blowers & Ventilation Units (Supply/Exhaust/Inline) (IMADANAB), HVAC Equipment (Heating, Cooling & Air Handling) (IMAHAKAB), Ventilation System Installation (Exhaust Fans, ERV/HRV, Make-Up Air) (HSAOAGAI)

Keywords

• Industrial ventilation fans
• Axial flow fans
• Jet fan systems
• Smoke control systems
• HVAC equipment

Headquarters

HQ city

Næstved

HQ country

Denmark

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Hardware Sales: Sale of ventilation fans, jet fans, axial flow fans, centrifugal fans, smoke extraction systems, and accessories. Products include ZerAx, NovAx series, and related components for various industrial and building applications.
2. Project Solutions: Complete ventilation system design, supply, installation, and commissioning for large infrastructure projects. Includes pressure differential systems, tunnel ventilation, car park ventilation, and smoke control systems.
3. Spare Parts: Original spare parts for safe and efficient operation of fans, dampers and air components. Replacement parts and maintenance supplies for existing installations.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

NOVENCO Building & Industry manufactures high-performance ventilation fans and air-handling systems, including axial flow fans (ZerAx AZL/AZN/AZW and NovAx ACN/ACW), centrifugal fans, jet fans for car parks and tunnels, and ClearChoice pressure differential smoke-control systems. The company also supplies the EC+ high-efficiency HVAC concept, AirBox fan selection software, and acoustic/installation accessories, primarily serving commercial, industrial, infrastructure, and life-safety applications worldwide.

Product overview

NOVENCO Building & Industry develops and manufactures high-performance ventilation products and systems, primarily axial flow fans and jet fans, for demanding industrial, commercial, and infrastructure applications. The core product lines include the ZerAx next-generation axial fans (AZL for AHUs, AZN for industrial/duct, AZW for marine), the established NovAx series (ACN, ACW for marine/industrial), and jet fans (AUT/ART, CGF for car parks). These are complemented by the ClearChoice pressure differential systems for smoke control, software tools including AirBox fan selection software and Quick Selector, and the EC+ concept combining ZerAx fans with Danfoss drives and high-efficiency motors. Accessories include acoustic diffusers, silencers, and anti-vibration mountings. All products are EU-certified per applicable directives, with smoke extraction fans meeting EN 12101-3 standards and support for major green building certifications including BREEAM, LEED, and DGNB.

Differentiator

Problem solved

Functional benefit

Brands

• ZerAx: Next-generation axial flow fans developed from the NovAx series, offering higher efficiencies and faster return on investment with aerodynamic design inspired by aviation industry.
• NovAx
• ClearChoice
• EC+ Concept

Products and services

• ZerAx AZL Axial Flow Fans Unidirectional axial flow fans for installation in air handling units (AHUs) or free inlet conditions. Available as standard or smoke exhaust fans tested and approved for F200 and F300 classes per EN 12101-3:2015.
• ZerAx AZN Axial Flow Fans Unidirectional ducted axial flow fans for conventional and industrial installations. Available as standard, smoke exhaust (F200/F300), or ATEX/Ex versions. Efficiencies up to 92% with adjustable blade angles.
• ZerAx AZW Axial Flow Fans Extra-durable unidirectional ducted axial flow fans designed for marine or heavy duty industrial installations. Features robust 10 mm fan casing meeting strict marine requirements. Optional ATEX/EX execution and marine classifications available.
• NovAx ACN Axial Flow Fans Unidirectional axial flow fans for conventional and industrial ventilation. Also available as certified smoke exhaust fans for F200, F300, and F400 classes, tested at up to 400°C for 2 hours per EN 12101-3. ATEX category 2G/D versions available.
• NovAx ACW Marine Axial Flow Fans Unidirectional axial flow fans designed for marine use with extra-strong fan casing (6 or 10 mm thickness) meeting strict marine mechanical requirements. Robust hot-dip galvanised or stainless steel casings ensure durability in harsh environments.
• NovAx AUT/ART Jet Fans Compact jet fans specifically designed for car park ventilation systems. AUT is unidirectional; ART is fully reversible. Feature patented sound silencing technique for low noise levels. Certified for dual operation: daily ventilation and high-temperature smoke extraction at 400°C for 2 hours.
• CGF Centrifugal Jet Fans Ultra-low profile centrifugal jet fans for car parks with minimal ceiling space (268mm installation height). Certified for F200 and F300 smoke extraction per EN 12101-3. Thrust levels 12-50 N with sound pressures 61-75 dB(A) at 3m.
• ClearChoice Pressure Differential Systems Advanced pressure differential systems that keep essential escape routes in buildings and tunnels clear of smoke. Used in high-rise buildings to maintain 50 Pa pressure difference and prevent smoke ingress during fires.
• AirBox Fan Selection Software Windows PC-based product configurator enabling fast and accurate configuration and selection across the NOVENCO product range. Used for exact calculation, configuration and fan selection.
• Quick Selector Online Tool Online tool for fast and easy calculation of fan solutions. Users enter airflow and pressure requirements to get instant list of efficient NOVENCO fans.
• EC+ Concept High-efficiency HVAC concept combining three components: NOVENCO ZerAx axial fans, high-efficiency IE4 and IE5 permanent magnet motors, and intelligent Danfoss VLT frequency drives. Delivers total system efficiencies up to 85%.
• Acoustic Accessories Range including acoustic diffusers, silencers, anti-vibration mountings, flexible connections, and inlet cones for noise reduction and pressure recovery in ventilation systems.

Quantifiable outcome

• 38% energy savings at Unilever ice cream plant
• +4 more outcomes

Named customers20 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature5 records

Partnerships

Eight partnerships are on record, tiered parent company, key technology partner, regional partner, project partner and certification partner.

• SCHAKO Groupparent companyStrategic or Co-development PartnerSCHAKO Group is the parent company of NOVENCO Building & Industry. The group includes multiple ventilation and air distribution brands including Admeco, Reven, Schako, Schneider Elektronik, Sirocco, and Smitsair. NOVENCO is part of this European industrial group focused on ventilation and air handling solutions.
• Danfosskey technology partnerTechnology or IntegrationDanfoss is a key technology partner providing VLT frequency converters for NOVENCO's EC+ concept. The Danfoss FC-102 drive enables features like DC preheat function for motor protection and is integrated into high-efficiency ventilation systems including the ZerAx fan configurations.
• AIR TECHNO INDIA PVT. LTD.regional partnerChannel Partner/ Reseller/ DistributorAuthorized NOVENCO channel partner in India responsible for sales, installation and commissioning of ventilation systems. Partner measured AHU performance before and after DS Group retrofit project.
• H&V Serviceplanproject partnerChannel Partner/ Reseller/ DistributorProject partner responsible for design, delivery, installation and commissioning of certified NOVENCO ClearChoice dual smoke and environmental ventilation systems at Osiers Road development in London.
• T&S Klimatechnik und Montagebau GmbHproject partnerImplementation/ SI/ Consulting PartnerInstallation contractor for automotive foundry ventilation retrofit project. Partner responsible for installing 28 NOVENCO ZerAx fans in seven modular fan arrays.
• Trubel Klimatechnikproject partnerImplementation/ SI/ Consulting PartnerAHU manufacturer partner for Volkswagen Navarra project. Trubel Klimatechnik manufactured air handling units incorporating NOVENCO ZerAx fans for the Pamplona, Spain installation.
• Jeremias Chimney Systemsproject partnerImplementation/ SI/ Consulting PartnerMain contractor for Teutschenthal mine ventilation project, delivering purpose-built chimney with steel structure and ductworks. Selected NOVENCO ZerAx fan for sustainability-focused installation.
• Kiwacertification partnerStrategic or Co-development PartnerAccredited global testing and certification organization providing independent inspection and approval of smoke control systems to Dutch BRL-K21025 standard for Mercedes-Benz project.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• FläktGroup: European-headquartered global manufacturer of fans and HVAC air-handling equipment. Most direct competitor to NOVENCO in axial/centrifugal fans, smoke control, and tunnel ventilation, serving the same building and industrial verticals.
• Systemair: Swedish-listed ventilation and fan manufacturer with broad product portfolio covering axial fans, centrifugal fans, and AHU components. Competes with NOVENCO across commercial, industrial, and data center applications globally.
• Ziehl-Abegg: German manufacturer of high-efficiency fans, motors, and drives. Directly comparable to NOVENCO's ZerAx/EC+ offering, with strong positions in industrial ventilation and increasingly in EC-motor integrated solutions.
• ebm-papst: German-headquartered global leader in fans and motors with a particularly strong EC-motor product portfolio. Competes with NOVENCO in HVAC, data center cooling, and industrial ventilation, often substituting integrated motor-impeller units for traditional three-component designs.
• Greenheck Group: US-headquartered manufacturer of commercial and industrial fans, dampers, and air-handling equipment. Comparable to NOVENCO in axial/centrifugal fans for buildings and industrial applications, with similar focus on efficiency and life-safety certifications.
• Sodeca: Spanish manufacturer specializing in industrial ventilation, fans, and smoke extraction systems. Closely comparable to NOVENCO in car park and tunnel jet fans, and in industrial axial/centrifugal fan portfolios.
• Volution Group: UK-listed ventilation group owning Fantech, Vent-Axia, and Fresh AB. Competes with NOVENCO in commercial and residential ventilation, with overlapping focus on energy-efficient fans and indoor air quality.
• Halifax Fan: UK-based manufacturer of industrial fans and blowers. Directly comparable to NOVENCO's industrial and process ventilation offering, particularly in heavy-duty and high-temperature applications.
• Kruger Ventilation Industries: US manufacturer of commercial and industrial fans, dampers, and ventilation equipment. Comparable in product scope (axial/centrifugal fans, AHUs, smoke control) and in serving similar building and industrial customer segments.

Broad incumbents

• Howden Group: Global industrial fan and compressor company (Chart Industries subsidiary). Comparable to NOVENCO in heavy industrial axial fans, tunnel ventilation, and process gas handling, but at significantly larger scale and broader scope.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

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• Instagraminstagram.com/novencobuildingindustry
• Xx.com/NovencoI

Compliance14 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 Novenco Building & Industry