Cofimco
Cofimco is an Italian PE-backed (PX3 Partners, 2023) manufacturer of extruded aluminum and FRP axial fans (2–40 ft diameter) for power generation, oil & gas, LNG, petrochemical, data center, and marine cooling applications, selling custom-engineered fans and aftermarket services globally through wholly-owned facilities in Italy, USA, China, and India.
- Company typePrivate
- Founded1975
- HeadquartersPombia, Italy
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What Cofimco does
Cofimco S.p.A., headquartered in Pombia (Novara), Italy, designs and manufactures axial fans for industrial cooling applications across power generation, oil & gas, petrochemical, LNG, data center, and marine/offshore markets. Founded in 1975 and acquired by pan-European private equity firm PX3 Partners in 2023, the company is a self-described world leader in extruded aluminum axial fans and one of the leaders in fiberglass (FRP) axial fans, offering fan diameters from 2 to 40 feet. Its core product portfolio includes the AV (automatic variable pitch), B (Flexi Blade), G, M, U, TANDEM®, 35F/35FD Twin Shaft®, 50F/50L/60F, and ProSilenX® series, plus Engineered Fan Systems (EFS), composite drive shafts, silencers, centrifugal fans, and an Electric Auto-Variable (EAV) fan. Cofimco's competitive differentiation rests on patented blade designs (notably TANDEM® and 35F Twin Shaft® with carbon-fiber FRP shafts), in-house wind tunnel and CFD/FEM testing capabilities (including a 38-ft diameter test rig), and proprietary FanTastic selection software.
The company makes money primarily through custom hardware sales of axial fans and components (blades, hubs, drive shafts, bearing blocks) to enterprise customers on a quote-based, project-driven basis, complemented by an aftermarket service business (Cofimco Service, established 2016) offering plant optimization, commissioning, on-site testing, and troubleshooting through a worldwide field service network. Go-to-market is enterprise field sales with direct engineering engagement from design through on-site assistance. Cofimco operates wholly-owned manufacturing in Italy (Pombia HQ and Avigliana post-IVI acquisition), the United States (Houston), China (Ningbo), and India (Chennai), enabling shorter lead times and compliance with regional standards. Named enterprise customers include Chevron (Wheatstone), Petronas LNG, Total (Tempa Rossa), Cameron LNG, Samsung (Ruwais EPC), NTPC India, Reliance (Jamnagar via SPIG), and GEA BTT (Yamal LNG, 600 fans). The July 2025 acquisition of IVI Srl extends the platform into data center cooling, marine ventilation, and engineered fan systems.
Cofimco firmographics
Firmographics- Name
- Cofimco
- Legal name
- Cofimco S.p.A.
- Website
- https://cofimco.com
- Company type
- Private
- Founded year
- 1975
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Cofimco is an Italian PE-backed (PX3 Partners, 2023) manufacturer of extruded aluminum and FRP axial fans (2–40 ft diameter) for power generation, oil & gas, LNG, petrochemical, data center, and marine cooling applications, selling custom-engineered fans and aftermarket services globally through wholly-owned facilities in Italy, USA, China, and India.
- Ownership category
- akta.pro rank
Cofimco industry classification
Industry- Product category
- Industrial Axial Fans and Cooling Equipment
- NAICS
- Industrial and Commercial Fan and Blower and Air Purification Equipment Manufacturing (333413), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341)
- SIC
- Industrial & Commercial Fans & Blowers & Air Purifing Equip (3564), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)
- akta.pro primary industry
- Fans, Blowers & Ventilation Units (Supply/Exhaust/Inline) (IMADANAB)
- akta.pro secondary industries
- Thermal Management Components (Heat sinks, TIMs, fans/blowers, thermal pads) (IMAGAJAL), FRP/GRP & Composite Materials (Resins, Fibers, Core Materials) (IMAJAKAC)
Keywords
Where Cofimco is headquartered
LocationHeadquarters
- HQ city
- Pombia
- HQ country
- Italy
- HQ region
- Europe
Offices5 records
Markets served
Cofimco business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations
Revenue model
- Industrial Fan Hardware Sales: Sale of axial fans and components including aluminum and FRP blades, hubs, drive shafts, and bearing blocks. Product portfolio includes multiple fan series (AV, B, G, M, U, ProSilenX, TANDEM, 35F, 50F, 60F) and engineered fan systems.
- Aftermarket Services: Cofimco Service division established in 2016 provides plant optimization, commissioning operations, on-site testing activities, and troubleshooting. Includes worldwide field service network support.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Cofimco product offering
Product offeringCore offering
Cofimco designs and manufactures axial fans (2 to 40 ft diameter) in extruded aluminum and pultruded fiberglass (FRP) for industrial cooling applications including air-cooled condensers, cooling towers, air-cooled heat exchangers, and CCUS. The portfolio includes multiple proprietary blade series (AV, B Flexi, G, M, U, ProSilenX®, TANDEM®, 35F/35FD Twin Shaft®, 50F/50L/60F) plus Engineered Fan Systems, drive shafts, silencers, centrifugal fans, and an Electric Auto-Variable (EAV) fan. A separate Cofimco Service division provides commissioning, on-site testing, troubleshooting, and heat exchanger performance optimization.
Product overview
Cofimco is a manufacturer of axial fans and airflow solutions with a comprehensive portfolio spanning multiple product lines. The core offerings include AV (Automatic Variable), B (Flexi Blade), G, M, U, ProSilenX®, TANDEM®, 35F/35FD Twin Shaft®, and 50F/50L/60F series axial fans, complemented by Engineered Fan Systems (EFS) for custom solutions. Supporting products include drive shafts, bearing blocks, centrifugal fans, silencers, and Electric Auto-Variable (EAV) fans. The product architecture combines standardized fan series with modular components (blades, hubs, drive shafts) that can be configured for specific applications including cooling towers, air-cooled condensers, air-cooled heat exchangers, and industrial ventilation. Recent expansion through the 2025 IVI acquisition added engineered fan systems and marine ventilation capabilities to the portfolio.
Differentiator
Problem solved
Functional benefit
Products and services
- AV Series axial fans
Quantifiable outcome
- TANDEM® fans can be repaid through energy savings
- +5 more outcomes
Companies that use Cofimco
Customer profileNamed customers12 records
Segments5 records
Ideal customer profiles5 records
Cofimco technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Cofimco partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered flagship and core.
- IVI Srl (Ilmed Ventilazione Industriale)flagshipWell-established Italian manufacturer of axial fan systems acquired in July 2025. Brings nearly 40 years of experience and strong presence in Asia with production facilities in Italy and Ningbo, China. Enhances capabilities in data center cooling, marine, and power generation sectors.
- CrashTechcorePartnership to create dedicated data acquisition, control and monitoring system for the Megafan. Enables real-time evaluation and management of fan parameters for automated, rapid, objective, and reproducible performance classification. Features wired and wireless connectivity, automatic data storage, and user-friendly interface.
Scale indicators8 records
Recent moves7 records
Expansion highlights5 records
Cofimco competitors and assessment
Company assessmentDirect peers
- FläktGroup: FläktGroup manufactures axial and centrifugal fans, air-handling units, and HVAC solutions for industrial, commercial, and data center applications. Direct overlap in large industrial fans and an active focus on mission-critical data center cooling comparable to Cofimco's IVI push.
- SPX Cooling Technologies: SPX Cooling Technologies is a direct competitor in air-cooled condensers, cooling towers, and large industrial fans, including the Marley and Hamon brands. Cofimco has supplied SPX Cooling with 54 large diameter fans for ACC projects, confirming head-to-head competition on the same projects.
- Howden (Chart Industries): Howden is a direct peer and former corporate parent of Cofimco (via Hudson Products Holdings/Chart Industries, 2004-2017). It manufactures industrial fans, blowers, and air-cooled heat exchangers for power generation, oil & gas, and marine — directly overlapping Cofimco's core axial fan business.
- New York Blower Company: New York Blower manufactures industrial fans and blowers for power generation, process industries, and air pollution control. Overlapping product portfolio and end-market focus make it a direct comparable in the industrial axial fan segment.
- Baltimore Aircoil Company: BAC is a direct peer in industrial heat transfer and air-cooled heat exchange equipment, including axial and centrifugal fans for cooling towers, HVAC, and process applications. BAC serves the same power, petrochemical, and HVAC end markets with comparable product scope.
- SPIG (SPX Technologies): SPIG designs and supplies air-cooled heat exchangers and cooling systems for refineries, petrochemical plants, and power generation — directly competing with Cofimco in air-fin cooler and ACC applications. Cofimco has supplied SPIG on multiple mega-projects (e.g., Reliance Jamnagar 70 fans).
- Hamon d'Hondt: Hamon d'Hondt supplies air-cooled heat exchangers and cooling systems for power generation and process industries. Listed as a Cofimco customer across multiple geographies (Côte d'Ivoire, Argentina, Russia), it is both a customer and competitor in ACC/ACHE project work.
Regional players
- Sodeca: Sodeca is a Spanish manufacturer of industrial ventilation and axial fans with comparable product range to Cofimco but focused primarily on European markets. Useful regional comparable for Cofimco's EMEA industrial fan business.
Broad incumbents
- Greenheck Group: Greenheck is a broad incumbent in commercial and industrial air movement equipment (fans, dampers, louvers, kitchen ventilation). Overlaps with Cofimco in axial fans for HVAC and industrial ventilation but has a much wider product portfolio across commercial building markets.
- Mitsubishi Heavy Industries (Power & Energy): Mitsubishi Heavy Industries supplies large industrial fans and air-cooled condensers as part of its broader power and turbomachinery portfolio. Competes with Cofimco on large power generation projects but at much larger scale and across full plant systems.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Cofimco social profiles
Digital presenceCofimco compliance and trust
Trust signalCompliance2 records
Cofimco financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cofimco leadership team
Management profileNumber of profiles
Profiles2 records
Cofimco subsidiaries and ownership
Company hierarchySubsidiaries4 records
Cofimco funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cofimco M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cofimco
What does Cofimco do?
Cofimco designs and manufactures axial fans (2 to 40 ft diameter) in extruded aluminum and pultruded fiberglass (FRP) for industrial cooling applications including air-cooled condensers, cooling towers, air-cooled heat exchangers, and CCUS. The portfolio includes multiple proprietary blade series (AV, B Flexi, G, M, U, ProSilenX®, TANDEM®, 35F/35FD Twin Shaft®, 50F/50L/60F) plus Engineered Fan Systems, drive shafts, silencers, centrifugal fans, and an Electric Auto-Variable (EAV) fan. A separate Cofimco Service division provides commissioning, on-site testing, troubleshooting, and heat exchanger performance optimization.
Is Cofimco a public or private company?
Cofimco is a private company. It is classified as private equity controlled and is currently operating.
When was Cofimco founded?
Cofimco was founded in 1975. It employs 101 to 250 people.
Where is Cofimco based?
Cofimco is headquartered in Pombia, Italy, in the Europe region.
How does Cofimco make money?
Two revenue lines are on record. Industrial Fan Hardware Sales are the primary driver. The others are aftermarket Services.
Who are Cofimco's main competitors?
Direct peers on record are FläktGroup, SPX Cooling Technologies, Howden (Chart Industries), New York Blower Company, Baltimore Aircoil Company, SPIG (SPX Technologies) and Hamon d'Hondt. Sodeca is listed as a regional player. Broad incumbents are Greenheck Group and Mitsubishi Heavy Industries (Power & Energy).
Does Cofimco have an API?
No public API is recorded for Cofimco.
What industry is Cofimco in?
Cofimco's product category is Industrial Axial Fans and Cooling Equipment. Its primary akta.pro industry code is IMADANAB, Fans, Blowers & Ventilation Units (Supply/Exhaust/Inline), with a secondary code of IMAGAJAL, Thermal Management Components (Heat sinks, TIMs, fans/blowers, thermal pads). Its NAICS code is 333413 and its SIC code is 3564.