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Sofinter Group

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Namestring
Sofinter Group
Legal namestring
Sofinter S.p.A.
Websiteurl
sofinter.it
Company typeenum
Private
Founded yearint
2013
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersGallarate, Italy
HQ citystring
Gallarate
HQ countrystring
Italy
HQ regionstring
Europe
Markets served

Serves global market

Offices5 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
industrial boiler manufacturing, steam generation systems, waste-to-energy plants, heat recovery steam generators, power plant equipment
Industry5 codes
1Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers)
CodeIMAHAEACPrimaryYes
2Thermal Power Plant EPC (Gas/Coal/Oil)
CodeEUAEAAAAPrimaryNo
3Chillers, Boilers & Central Plant Operations
CodeBPABACAGPrimaryNo
4Industrial Biomass Boilers & Steam Systems (Process Heat)
CodeEUAAAGACPrimaryNo
5Industrial Steam Systems Decarbonization (Boiler Upgrades, Condensate Recovery, Steam Optimization)
CodeEUABAJAKPrimaryNo
NAICS code3 codes
  • Power Boiler and Heat Exchanger Manufacturing33241
  • Power Boiler and Heat Exchanger Manufacturing332410
  • Steam and Air-Conditioning Supply22133
SIC code3 codes
  • Fabricated Plate Work (Boiler Shops)3443
  • Heating Equipment, Except Electric & Warm Air Furnaces3433
  • Cogeneration Services & Small Power Producers4991
Product category
Industrial Boiler Manufacturing
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model4 records
1Industrial Boiler Manufacturing
TypeHardware Sales
Description

Design, engineering, and manufacturing of large industrial boilers for steam and energy production across coal, oil, gas, biomass, and waste fuels.

sofinter.it
2Waste-to-Energy Plant Construction
TypeHardware Sales
Description

EPC contracts for construction of waste-to-energy facilities including the 65MWe Oristeam plant in Paris.

sofinter.it
3Service and Maintenance
TypeProfessional Services
Description

Service contracts including Balance of Plant works, economizer banks, and maintenance for existing power and waste-to-energy plants.

sofinter.it
4Heat Recovery System Integration
TypeHardware Sales
Description

Custom heat recovery steam generation systems and solutions for industrial applications.

sofinter.it
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Sofinter Group designs, engineers, manufactures, and services large industrial boilers and complete steam/energy generation plants for utilities, refineries, petrochemical operators, and industrial customers. The group delivers custom-engineered plants and components that produce steam and energy from coal, oil, gas, biomass, and waste, including proprietary flameless combustion systems and heat recovery steam generators.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Single-digit ppm NOx emissions achieved with ultra-low NOx burner technology
+2 more records
Product and service11 records
1AC Boilers Industrial Boilers
CategoryIndustrial Boilers
2Macchi Boilers
CategoryHeat Recovery Boilers
3Itea Flameless Combustion Technology
CategoryCombustion Technology
4Heat Recovery Steam Generators (HRSG)
CategorySteam Generators
5Waste-to-Energy (WTE) Plants
CategoryWaste-to-Energy Systems
6Ultra-Low NOx Burners
CategoryBurners / Combustion Components
7Hydrogen Boiler
CategoryDecarbonization / Industrial Boilers
8Europower Services and Maintenance
CategoryAfter-sales Services
9SWS Water Treatment and Desalination
CategoryWater Treatment Systems
10ThermalBattery Thermal Energy Storage
CategoryEnergy Storage Systems
11Balance of Plant (BOP) Systems
CategoryPower Plant Engineering
Scale indicator9 records

Each record includes

Type, Value, Description, Source

Partnership7 partners
Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2026-04-21
Description

Preliminary agreement signed between AC Boilers and Ansaldo Energia for sale and relaunch of Gioia del Colle manufacturing site. Ansaldo Energia to contribute approximately €30 million of €50+ million investment plan over three years.

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2021-09-01
Description

Commercial partnership for energy storage projects using ThermalBattery technology with HEATCRETE material. First project completed for Yara International in Norway.

3Water-Mining Consortium
Strategic tierMinorTypeStrategic or Co-development Partner
Description

SWS subsidiary joined European Commission HORIZON 2020 project for water desalination using Multiple Effect Distillation technology, with demo unit planned for Lampedusa.

sofinter.it
Strategic tierMinorTypeImplementation/ SI/ Consulting Partner
Description

ATI (Associazione Temporanea di Impresa) partnership for HERA Trieste waste-to-energy Balance of Plant works, 778-day contract valued at €8 million.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Joint R&D laboratory (ETF - Energy Transition to the Future) and BE4Greens project collaboration for ultra-low NOx burner development and CFD modeling.

6UNIVA - Unione degli Industriali della Provincia di Varese
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Collaboration in Generazione d'Industria project supporting education and training links between companies and schools over 10 years.

sofinter.it
Strategic tierMinorTypeStrategic or Co-development Partner
Description

CCA and Politecnico di Bari jointly designed and built testing equipment for filter material qualification during COVID-19 pandemic (RIAPRO project).

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Global industrial boiler and HRSG manufacturer with deep utility and waste-to-energy exposure. Directly competes with Sofinter/AC Boilers/MACCHI in utility-scale steam generation and emissions-reduction retrofits across the same European and international customer base.

TypeBroad incumbent
Description

Major OEM of gas turbines, steam turbines, and HRSG systems for combined-cycle and thermal power plants. Overlaps directly with Sofinter's HRSG Class H and supercritical boiler offerings but operates at significantly larger scale across a broader power-generation portfolio.

TypeDirect peer
Description

Korean OEM of boilers, HRSGs, and steam turbines for thermal power and waste-to-energy plants. Competes head-to-head with Sofinter on international utility tenders in MEA and emerging markets where both have delivered supercritical and WTE projects.

TypeDirect peer
Description

Finnish industrial boiler and pulp & energy technology provider with strong biomass and WTE boiler portfolio. Closely comparable to Sofinter's AC Boilers and Itea in fuel-flexible, emission-compliant industrial steam plants.

TypeDirect peer
Description

Austrian supplier of biomass-fired boilers, recovery boilers, and power plant equipment. Competes with Sofinter on biomass and waste-to-energy boiler islands for European utilities and industrial customers.

TypeBroad incumbent
Description

Global engineering and EPC firm with legacy Foster Wheeler steam-generator capability serving power and industrial markets. Competes with Sofinter on utility boiler EPC and aftermarket services, though within a much broader energy-services portfolio.

TypeDirect peer
Description

Indian industrial boiler and heating systems manufacturer serving process industries and waste-heat recovery. Comparable to MACCHI and AC Boilers in custom-engineered industrial steam generation, particularly in emerging markets.

8CMI Energy
TypeDirect peer
Description

Belgian industrial group with a dedicated boiler business (CMI Heat & Power) supplying utility and waste-to-energy boilers. Directly comparable to Sofinter's AC Boilers in HRSG and biomass/WTE steam generators for European utilities.

TypeBroad incumbent
Description

Global heat-transfer, separation, and fluid-handling equipment supplier with broad industrial boiler island footprint. Overlaps with Sofinter on heat exchangers, economizers, and process-heat integration components used in steam systems.

TypeBroad incumbent
Description

Japanese manufacturer of boilers, turbines, and power-generation systems. Competes with Sofinter on large utility-scale thermal and waste-to-energy boiler projects in international markets.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers8 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries7 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Sofinter Group

Industrial Boiler Manufacturingsofinter.it

Sofinter Group firmographics

Firmographics
Name
Sofinter Group
Legal name
Sofinter S.p.A.
Website
https://sofinter.it
Company type
Private
Founded year
2013
Operating status
Operating
Headcount range
501–1,000 employees
Ownership category
akta.pro rank

Sofinter Group industry classification

Industry
Product category
Industrial Boiler Manufacturing
NAICS
Power Boiler and Heat Exchanger Manufacturing (33241), Power Boiler and Heat Exchanger Manufacturing (332410), Steam and Air-Conditioning Supply (22133)
SIC
Fabricated Plate Work (Boiler Shops) (3443), Heating Equipment, Except Electric & Warm Air Furnaces (3433), Cogeneration Services & Small Power Producers (4991)
akta.pro primary industry
Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers) (IMAHAEAC)
akta.pro secondary industries
Thermal Power Plant EPC (Gas/Coal/Oil) (EUAEAAAA), Chillers, Boilers & Central Plant Operations (BPABACAG), Industrial Biomass Boilers & Steam Systems (Process Heat) (EUAAAGAC), Industrial Steam Systems Decarbonization (Boiler Upgrades, Condensate Recovery, Steam Optimization) (EUABAJAK)

Keywords

  • Industrial boiler manufacturing
  • Steam generation systems
  • Waste-to-energy plants
  • Heat recovery steam generators
  • Power plant equipment

Where Sofinter Group is headquartered

Location

Headquarters

HQ city
Gallarate
HQ country
Italy
HQ region
Europe

Offices5 records

Markets served

Sofinter Group business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure

Revenue model

  1. Industrial Boiler Manufacturing: Design, engineering, and manufacturing of large industrial boilers for steam and energy production across coal, oil, gas, biomass, and waste fuels.
  2. Waste-to-Energy Plant Construction: EPC contracts for construction of waste-to-energy facilities including the 65MWe Oristeam plant in Paris.
  3. Service and Maintenance: Service contracts including Balance of Plant works, economizer banks, and maintenance for existing power and waste-to-energy plants.
  4. Heat Recovery System Integration: Custom heat recovery steam generation systems and solutions for industrial applications.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Sofinter Group product offering

Product offering

Core offering

Sofinter Group designs, engineers, manufactures, and services large industrial boilers and complete steam/energy generation plants for utilities, refineries, petrochemical operators, and industrial customers. The group delivers custom-engineered plants and components that produce steam and energy from coal, oil, gas, biomass, and waste, including proprietary flameless combustion systems and heat recovery steam generators.

Differentiator

Problem solved

Functional benefit

Products and services

  • AC Boilers Industrial Boilers
  • Macchi Boilers
  • Itea Flameless Combustion Technology
  • Heat Recovery Steam Generators (HRSG)
  • Waste-to-Energy (WTE) Plants
  • Ultra-Low NOx Burners
  • Hydrogen Boiler
  • Europower Services and Maintenance
  • SWS Water Treatment and Desalination
  • ThermalBattery Thermal Energy Storage
  • Balance of Plant (BOP) Systems

Quantifiable outcome

  • Single-digit ppm NOx emissions achieved with ultra-low NOx burner technology
  • +2 more outcomes

Companies that use Sofinter Group

Customer profile

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Sofinter Group technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature6 records

Sofinter Group partnerships and signals

Strategic signal

Partnerships

Seven partnerships are on record, tiered flagship, core and minor.

  • Ansaldo EnergiaflagshipStrategic or Co-development Partner · 21 April 2026Preliminary agreement signed between AC Boilers and Ansaldo Energia for sale and relaunch of Gioia del Colle manufacturing site. Ansaldo Energia to contribute approximately €30 million of €50+ million investment plan over three years.
  • Energy NestcoreTechnology or Integration · 1 September 2021Commercial partnership for energy storage projects using ThermalBattery technology with HEATCRETE material. First project completed for Yara International in Norway.
  • Water-Mining ConsortiumminorStrategic or Co-development PartnerSWS subsidiary joined European Commission HORIZON 2020 project for water desalination using Multiple Effect Distillation technology, with demo unit planned for Lampedusa.
  • Righi ElettromeccanicaminorImplementation/ SI/ Consulting PartnerATI (Associazione Temporanea di Impresa) partnership for HERA Trieste waste-to-energy Balance of Plant works, 778-day contract valued at €8 million.
  • Politecnico di BaricoreStrategic or Co-development PartnerJoint R&D laboratory (ETF - Energy Transition to the Future) and BE4Greens project collaboration for ultra-low NOx burner development and CFD modeling.
  • UNIVA - Unione degli Industriali della Provincia di VareseminorStrategic or Co-development PartnerCollaboration in Generazione d'Industria project supporting education and training links between companies and schools over 10 years.
  • Politecnico di BariminorStrategic or Co-development PartnerCCA and Politecnico di Bari jointly designed and built testing equipment for filter material qualification during COVID-19 pandemic (RIAPRO project).

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Sofinter Group competitors and assessment

Company assessment

Direct peers

  • Babcock & Wilcox: Global industrial boiler and HRSG manufacturer with deep utility and waste-to-energy exposure. Directly competes with Sofinter/AC Boilers/MACCHI in utility-scale steam generation and emissions-reduction retrofits across the same European and international customer base.
  • Doosan Enerbility: Korean OEM of boilers, HRSGs, and steam turbines for thermal power and waste-to-energy plants. Competes head-to-head with Sofinter on international utility tenders in MEA and emerging markets where both have delivered supercritical and WTE projects.
  • Valmet: Finnish industrial boiler and pulp & energy technology provider with strong biomass and WTE boiler portfolio. Closely comparable to Sofinter's AC Boilers and Itea in fuel-flexible, emission-compliant industrial steam plants.
  • ANDRITZ: Austrian supplier of biomass-fired boilers, recovery boilers, and power plant equipment. Competes with Sofinter on biomass and waste-to-energy boiler islands for European utilities and industrial customers.
  • Thermax Limited: Indian industrial boiler and heating systems manufacturer serving process industries and waste-heat recovery. Comparable to MACCHI and AC Boilers in custom-engineered industrial steam generation, particularly in emerging markets.
  • CMI Energy: Belgian industrial group with a dedicated boiler business (CMI Heat & Power) supplying utility and waste-to-energy boilers. Directly comparable to Sofinter's AC Boilers in HRSG and biomass/WTE steam generators for European utilities.

Broad incumbents

  • Mitsubishi Power: Major OEM of gas turbines, steam turbines, and HRSG systems for combined-cycle and thermal power plants. Overlaps directly with Sofinter's HRSG Class H and supercritical boiler offerings but operates at significantly larger scale across a broader power-generation portfolio.
  • Wood Group (Foster Wheeler heritage): Global engineering and EPC firm with legacy Foster Wheeler steam-generator capability serving power and industrial markets. Competes with Sofinter on utility boiler EPC and aftermarket services, though within a much broader energy-services portfolio.
  • Alfa Laval: Global heat-transfer, separation, and fluid-handling equipment supplier with broad industrial boiler island footprint. Overlaps with Sofinter on heat exchangers, economizers, and process-heat integration components used in steam systems.
  • IHI Corporation: Japanese manufacturer of boilers, turbines, and power-generation systems. Competes with Sofinter on large utility-scale thermal and waste-to-energy boiler projects in international markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Sofinter Group social profiles

Digital presence

Sofinter Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Sofinter Group leadership team

Management profile

Number of profiles

Profiles1 record

Sofinter Group subsidiaries and ownership

Company hierarchy

Subsidiaries7 records

Sofinter Group funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Sofinter Group M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Sofinter Group

What does Sofinter Group do?

Sofinter Group designs, engineers, manufactures, and services large industrial boilers and complete steam/energy generation plants for utilities, refineries, petrochemical operators, and industrial customers. The group delivers custom-engineered plants and components that produce steam and energy from coal, oil, gas, biomass, and waste, including proprietary flameless combustion systems and heat recovery steam generators.

Is Sofinter Group a public or private company?

Sofinter Group is a private company. It is classified as private equity controlled and is currently operating.

When was Sofinter Group founded?

Sofinter Group was founded in 2013. It employs 501 to 1,000 people.

Where is Sofinter Group based?

Sofinter Group is headquartered in Gallarate, Italy, in the Europe region.

How does Sofinter Group make money?

Four revenue lines are on record. Industrial Boiler Manufacturing is the primary driver. The others are waste-to-Energy Plant Construction, service and Maintenance and heat Recovery System Integration.

Who are Sofinter Group's main competitors?

Direct peers on record are Babcock & Wilcox, Doosan Enerbility, Valmet, ANDRITZ, Thermax Limited and CMI Energy. Broad incumbents are Mitsubishi Power, Wood Group (Foster Wheeler heritage), Alfa Laval and IHI Corporation.

Does Sofinter Group have an API?

No public API is recorded for Sofinter Group.

What industry is Sofinter Group in?

Sofinter Group's product category is Industrial Boiler Manufacturing. Its primary akta.pro industry code is IMAHAEAC, Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers), with a secondary code of EUAEAAAA, Thermal Power Plant EPC (Gas/Coal/Oil). Its NAICS code is 33241 and its SIC code is 3443.

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Live signals
openPR.comKey Trends and Emerging Changes Shaping the Exhaust Heat Recovery System Market LandscapeThe exhaust heat recovery system market is projected to grow to $30.04 billion by 2030 at a 7.7% CAGR, driven by powertrain electrification, hybrid vehicle adoption, and stricter emissions regulations. In April 2024, Germany-based private equity firm Mutares SE & Co. KGaA acquired a majority stake in Italy's Sofinter Group, a specialist in industrial boilers and heat recovery steam generation systems. The article also references a January 2025 California Energy Commission project at Searles Valley Minerals that achieved a 15% reduction in natural gas consumption through waste heat recovery.MacchiboilerMutares has successfully completed the acquisition of a majority stake in Sofinter GroupMutares SE & Co. KGaA announced on April 23, 2024 that it has completed the acquisition of a majority stake in Sofinter Group, a steam generator manufacturer. Sofinter, with about 680 employees and revenues over EUR 200 million in 2023, operates four brands across more than 45 countries. The deal strengthens Mutares' Engineering & Technology segment, with expected synergies including NEM Energy Group.SofinterMutares has successfully completed the acquisition of a majority stake in Sofinter GroupMutares has successfully completed the acquisition of a majority stake in Sofinter Group, enhancing its Engineering & Technology segment. Sofinter, a leading manufacturer of steam generators with revenues exceeding EUR 200 million in 2023, operates in over 45 countries with a strong market position and a focus on expanding its service and aftermarket business.MutaresMutares hat die Übernahme einer Mehrheitsbeteiligung an der Sofinter Group erfolgreich abgeschlossenMutares SE & Co. KGaA has successfully completed the acquisition of a majority stake in Sofinter Group, a leading provider of industrial and utility boilers, as of April 23, 2024. The acquisition is expected to enhance Mutares' Engineering & Technology segment, with Sofinter generating over EUR 200 million in revenue for 2023. The deal is anticipated to create significant synergies with other portfolio companies of Mutares.SofinterInvestment agreementMutares SE & Co. KGaA signed a binding agreement to acquire a majority stake in Sofinter through a 12 million euro capital increase, supported by a medium-long term bank loan. The transaction is expected to close by the end of the current financial year, pending regulatory Golden Power Clearances in Italy and Romania.MutaresNeunte Akquisition im Jahr 2023: Mutares hat ein unwiderrufliches Angebot zum Erwerb einer Mehrheitsbeteiligung an Sofinter (derzeit von der Gammon Group gehalten) abgegeben – Erhebliche Synergien inMutares has submitted an irrevocable offer to acquire a majority stake in Sofinter, currently held by the Gammon Group, to strengthen its Engineering & Technology segment. The transaction is expected to generate significant synergies within the NEM Energy Group and result in combined annual revenues exceeding EUR 250 million by the end of 2023. Completion of the acquisition is anticipated before the end of 2023, subject to final approval from lending banks.