Balco Group
- Company typePublic
- Founded1987
- HeadquartersVäxjö, Sweden
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
Balco Group firmographics
Firmographics- Name
- Balco Group
- Legal name
- Balco Group AB
- Website
- https://balcogroup.se
- Company type
- Public
- Founded year
- 1987
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Ownership category
- akta.pro rank
Balco Group industry classification
Industry- Product category
- Balcony and Facade Solutions
- NAICS
- Sheet Metal Work Manufacturing (332322), Ornamental and Architectural Metal Work Manufacturing (332323), Siding Contractors (23817)
- SIC
- Sheet Metal Work (3444), Fabricated Structural Metal Products (3440)
- akta.pro primary industry
- Soffit, Fascia & Eaves Repair/Replacement (HSAPAKAH)
- akta.pro secondary industries
- Flashing, Edge Metal & Roof Accessories (IMADAFAJ), Sandwich Panels & Core Materials (Foam, Balsa, Honeycomb) (IMAJAKAD)
Keywords
Where Balco Group is headquartered
LocationHeadquarters
- HQ city
- Växjö
- HQ country
- Sweden
- HQ region
- Europe
Offices8 records
Markets served
Balco Group business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Balcony solutions manufacturing and installation: Design, manufacturing, and installation of custom balcony solutions for housing cooperatives, private landlords, and construction companies
- Facade renovation services: Facade renovation and related construction services through subsidiaries including Stora Fasad, Söderåsens Mur & Kakel, and Suomen Ohutlevyasennus
- Maritime balcony solutions: Balcony solutions for cruise ships and maritime vessels through partnerships with European shipyards
Go-to-market motion1 record
Distribution channels4 records
Marketing channels7 records
Balco Group product offering
Product offeringCore offering
Balco Group designs, manufactures, and installs patented balcony solutions in steel and aluminum for apartment buildings, primarily serving housing cooperatives, private landlords, public housing providers, and construction companies across the Nordics and Northern Europe. The company also delivers facade renovation services through multiple subsidiary brands and supplies custom maritime balcony solutions for European cruise ship shipyards.
Product overview
Balco Group is a market-leading provider of climate-smart balcony solutions operating under a multi-brand portfolio strategy. The company offers innovative, patented, and energy-saving balcony products through eight subsidiary brands (Balco AB, Balco Altaner, TBO-Haglinds, Stora Fasad, RK Teknik, Söderåsens Mur & Kakel, Riikku, and Suomen Ohutlevyasennus). Product offerings span steel and aluminium balconies, glazed balconies (Vista), modular systems (AluOne, Combo, Design fold without frame), facade renovation services, and maritime balcony solutions for cruise ships. The portfolio also includes energy-improving installations such as solar panels and heat pumps, with subsidiaries capable of acting as turnkey contractors. The company serves tenant-owner associations, private landlords, public housing sectors, and construction companies primarily in Sweden, Norway, Denmark, Germany, Finland, UK, and the Netherlands.
Differentiator
Problem solved
Functional benefit
Brands
- Balco AB: Core balcony solutions brand offering innovative, patented and energy-saving balcony solutions of high quality.
- Balco Altaner
- Stora Fasad
- Riikku
- RK Teknik
- TBO-Haglinds
- Suomen Ohutlevyasennus
- Söderåsens Mur & Kakel
Products and services
- Balco AB Balcony Solutions
- Balco Altaner Balcony Solutions
- Stora Fasad Facade Renovation
- RK Teknik Steel and Aluminium Construction
- Söderåsens Mur & Kakel Facade Services Facade company based in Kågeröd, Sweden, specializing in masonry and tile work, enhancing Balco's product offerings and geographic presence.
- Suomen Ohutlevyasennus Turnkey Facade Renovation Leading Finnish turnkey contractor specializing in facade renovation and facade cladding of new buildings, headquartered in Turku and serving housing associations and construction companies in Finland.
Quantifiable outcome
- Up to 30% lower energy consumption in homes with energy-efficient balcony solutions
- +2 more outcomes
Companies that use Balco Group
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles5 records
Balco Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Balco Group partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core.
- Meyer WerftcoreStrategic maritime partnership for balcony solutions on cruise vessels. Balco Group secured a SEK 200 million order from Meyer Werft for balcony solutions on three cruise vessels, representing the largest single order in company history. The partnership involves over 2,000 balcony solutions with work beginning at the shipyard in 2027.
- Suomen Ohutlevyasennus OycoreBalco Group acquired 60% stake in Suomen Ohutlevyasennus Oy, a Finnish facade and renovation company. Acquisition strengthens market position in Finland and the Nordics, with option to acquire remaining shares.
- Riikku GroupcoreBalco Group acquired Riikku Group in Finland, contributing to a strong position in the Finnish market alongside Suomen Ohutlevyasennus.
- Söderåsen Mur och Kakel ABcoreBalco Group acquired 80% of Söderåsen Mur och Kakel AB, a facade company based in Kågeröd, Sweden, to enhance product offerings and geographic presence.
- Chantiers de l'AtlantiquecoreMaritime partnership for cruise ship balcony solutions as part of Balco Group's strategic re-entry into the maritime segment in 2025.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
Balco Group competitors and assessment
Company assessmentDirect peers
- Weland AB: Swedish manufacturer of steel and aluminium balconies, staircases, and railings for residential and commercial buildings. Closest direct peer to Balco's core Nordic balcony business, competing in the same renovation and new-build segments.
- Aliplast Aluminium Systems: Belgian producer of aluminium profiles and systems for windows, doors, facades, and balconies across Europe. Direct peer in aluminium-based balcony and facade systems serving residential renovation and new-build markets similar to Balco.
- Solarlux GmbH: German specialist in glazing, folding facades, and balcony enclosures for residential and commercial projects. Highly comparable to Balco's glazed balcony solutions such as the Vista glass-corner product.
- Aluprof SA: Polish manufacturer of aluminium facade, window, door, and balcony systems sold across Europe. Competes with Balco in standardised aluminium balcony solutions for residential renovation and new construction.
Broad incumbents
- Schüco International KG: German global leader in high-end aluminium facade, window, door, and balcony systems. Overlaps with Balco in balcony and facade solutions but operates at much larger scale and broader product portfolio across commercial and residential construction.
- Reynaers Aluminium: Belgian-headquartered supplier of aluminium facade, window, door, and sliding systems for residential and commercial projects across Europe. Comparable to Balco in aluminium balcony and facade offerings, though with a broader, more standardised product catalogue.
- Ruukki Construction (SSAB): Nordic metal building products company providing steel-based facade, roofing, and balcony components. Directly competes with Balco in Nordic steel balcony and facade renovation markets and shares similar customer base in housing cooperatives and contractors.
- Hörmann Group: One of Europe's largest manufacturers of doors, frames, and related building envelope products, with facade-adjacent offerings. Comparable to Balco as a broad building-envelope incumbent serving residential and commercial renovation, though focused on doors rather than balconies.
Others
- Norsk Hydro ASA: Norwegian integrated aluminium and extrusions supplier serving the European building systems industry. Relevant to Balco as an upstream supplier of aluminium for balcony systems and a benchmark for Nordic metals-exposed building products economics.
- Sapa (Hydro Extrusion): Aluminium extrusion business of Norsk Hydro serving European facade, balcony, and window manufacturers. Functions as a key upstream supplier to Balco and its peers in the Nordic and European balcony market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Balco Group social profiles
Digital presenceBalco Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Balco Group leadership team
Management profileNumber of profiles
Profiles5 records
Balco Group subsidiaries and ownership
Company hierarchySubsidiaries8 records
Balco Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Balco Group M&A and investment
M&A and investmentM&A5 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Balco Group
What does Balco Group do?
Balco Group designs, manufactures, and installs patented balcony solutions in steel and aluminum for apartment buildings, primarily serving housing cooperatives, private landlords, public housing providers, and construction companies across the Nordics and Northern Europe. The company also delivers facade renovation services through multiple subsidiary brands and supplies custom maritime balcony solutions for European cruise ship shipyards.
Is Balco Group a public or private company?
Balco Group is a public company. It is classified as public and is currently operating.
When was Balco Group founded?
Balco Group was founded in 1987. It employs 501 to 1,000 people.
Where is Balco Group based?
Balco Group is headquartered in Växjö, Sweden, in the Europe region.
How does Balco Group make money?
Three revenue lines are on record. Balcony solutions manufacturing and installation is the primary driver. The others are facade renovation services and maritime balcony solutions.
Who are Balco Group's main competitors?
Direct peers on record are Weland AB, Aliplast Aluminium Systems, Solarlux GmbH and Aluprof SA. Broad incumbents are Schüco International KG, Reynaers Aluminium, Ruukki Construction (SSAB) and Hörmann Group. Others are Norsk Hydro ASA and Sapa (Hydro Extrusion).
Does Balco Group have an API?
No public API is recorded for Balco Group.
What industry is Balco Group in?
Balco Group's product category is Balcony and Facade Solutions. Its primary akta.pro industry code is HSAPAKAH, Soffit, Fascia & Eaves Repair/Replacement, with a secondary code of IMADAFAJ, Flashing, Edge Metal & Roof Accessories. Its NAICS code is 332322 and its SIC code is 3444.