I C S Cool Energy

What I C S Cool Energy does

ICS Cool Energy Ltd is a UK-headquartered (Totton, Southampton) specialist in process temperature control, founded in 1989 and privately held. The company designs, hires, sells, and services industrial chillers, temperature control units (TCUs), boilers, heaters, free-cooling systems, and modular cold storage for manufacturing and critical-infrastructure customers. Core technology rests on the proprietary i-Chiller line featuring immersed coil evaporator architecture, the FC4TAE free-cooling range claiming up to 80% energy recovery, and a low-GWP refrigerant portfolio (R454B, R290, R717 ammonia, R513a) aligned with EU F-Gas regulation. The i-Chiller range is manufactured via a brand-family relationship with Italian producer MTA.

The business operates three primary commercial models: a large hire fleet (over 500MW capacity, average fleet age below 1.5 years) available on terms from emergency same-day deployment through 9-year long-term hire; outright equipment sales (chillers from 1.7kW to 1.3MW plus i-Temp TCUs to 400°C); and recurring revenue through tiered service plans (ICS Essential, Protect, Protect+, Flex, Flex+) and the 2024-launched Flex Membership Cooling-as-a-Service subscription (5-year minimum, monthly fee, fix-or-replace guarantee). Containerized cold storage (10ft to 40ft, +30°C to -70°C) extends the addressable market into pharmaceutical cold chain and food logistics.

Go-to-market is consultative direct sales via 70+ service technicians and field engineers who conduct site surveys, supported by 21 owned offices across EMEA (UK, Ireland, Austria, Belgium, Finland, France, Germany, Greece, Hungary, Israel, Italy, Netherlands, Poland, Romania, Switzerland, Turkey), a trade partner channel, and a content-marketing library of case studies. Named enterprise customers include Heineken, Nestlé, PepsiCo, Neogen EMEA, Camerons Brewery, Baxters, P.D. Hook Hatcheries, and IG Design Group, alongside mid-market cases such as Harrier. The company holds ISO 9001, BSI, SafeContractor, SSIP, REFCOM Elite, CHAS, Constructionline, and SafeHire certifications and has completed over 100,000 projects since founding.

Name

I C S Cool Energy

Legal name

ICS Cool Energy Ltd

Website

https://icscoolenergy.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

251–500 employees

Short description

ICS Cool Energy is a UK-founded (1989), privately held specialist in process temperature control, hiring, selling, and servicing industrial chillers, free-cooling systems, TCUs, and modular cold storage for manufacturing and critical-infrastructure customers across 21 EMEA countries via a 320+ staff direct sales and service network.

Ownership category

akta.pro rank

Product category

Industrial Process Cooling Equipment

NAICS

Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Heating Equipment (except Warm Air Furnaces) Manufacturing (333414), Power Boiler and Heat Exchanger Manufacturing (332410)

SIC

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

akta.pro primary industry

Chillers & Cooling Plant Equipment (IMAHAKAE)

akta.pro secondary industries

Chillers, Boilers & Central Plant Operations (BPABACAG), Cooling Systems & Thermal Management (CRAC/CRAH, Chillers, Liquid Cooling) (HDABAKAD), Heat Exchangers & Thermal Transfer Equipment (IMAHAKAC)

Keywords

• Industrial process cooling
• Chiller hire services
• Free cooling chillers
• Temperature control units
• Cold storage solutions

Headquarters

HQ city

Southampton

HQ country

United Kingdom

HQ region

Europe

Offices20 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Chiller Hire: Rental of industrial process chillers ranging from 3kW to 1.4MW. Fleet of over 500MW available for hire. Includes emergency hire, temporary hire, and long-term hire up to 9 years.
2. Chiller Sales: Sale of industrial process chillers including i-Chiller range (Compact, Process, Process Max models). Capacities from 1.7kW to 1303kW. Includes 1-year parts warranty or 5 years with service plan.
3. Service Plans: Tiered maintenance and service plans (ICS Essential, ICS Protect, ICS Protect+, ICS Flex, ICS Flex+). Covers preventative maintenance, breakdown response, parts coverage, and water analysis.
4. Flex Membership Subscription: Cooling-as-a-Service subscription model providing brand new process chillers for a fixed monthly fee (minimum 5 years). Includes annual servicing, unlimited repairs, and fix-or-replace guarantee. No capital expenditure required.
5. Cold Storage Hire/Sales: Rental and purchase of refrigerated containers (10ft-40ft) and modular cold storage solutions. Temperature ranges from +30°C to -70°C.
6. Boiler and Heater Hire: Temporary boiler hire up to 2MW capacity with options for gas, electric, and indirect diesel fired heaters up to 200kW.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

ICS Cool Energy supplies industrial process temperature control equipment — including process chillers, free cooling systems, temperature control units (TCUs), modular cold storage containers, boilers and heaters — to manufacturing and critical infrastructure customers. Offerings are delivered through equipment hire (short to long-term up to 9 years), direct sales, tiered service/maintenance contracts, and a Flex Cooling-as-a-Service subscription, with 24/7 technical support across the UK and EMEA.

Differentiator

Problem solved

Functional benefit

Brands

• i-Chiller: The company's proprietary line of process chillers featuring unique finned coil evaporators immersed inside cold-water tanks, designed specifically for manufacturing and critical process applications.
• i-Temp
• Flex
• FC4TAE
• eMission Critical

Products and services

• Chiller Hire Rental of industrial process chillers from 3kW compact units to 1.4MW large systems, available on emergency, temporary, or long-term hire (up to 9 years). Includes site delivery, commissioning, and ongoing technical support for manufacturing and critical infrastructure customers.
• i-Chiller Sales Sale of industrial process chillers including the i-Chiller range (Compact, Process, Process Max) with capacities from 1.7kW to 1303kW. Features proprietary immersed coil evaporators designed for process applications rather than HVAC. Includes 1-year parts warranty or 5 years with a service plan.
• Chiller Service Plans Tiered preventative maintenance and service plans — ICS Essential, ICS Protect, ICS Protect+, ICS Flex, and ICS Flex+ — covering routine maintenance visits, breakdown response, parts and labor coverage, unlimited callouts, and water analysis for installed process chillers.
• Flex Membership (Cooling-as-a-Service) Cooling-as-a-Service subscription providing a brand new process chiller for a fixed monthly fee over a minimum 5-year term. Includes installation, annual servicing, unlimited repairs, and a fix-or-replace guarantee, removing the need for capital expenditure.
• Cold Storage Hire & Sales Rental and sale of refrigerated containers (10ft to 40ft) and modular cold storage solutions with temperature ranges from +30°C to -70°C. Includes remote monitoring, telematics, and precise digital controls for pharmaceutical, food, and industrial applications.
• Boiler and Heater Hire Temporary hire of boilers up to 2MW capacity along with gas, electric, and indirect diesel-fired heaters up to 200kW for industrial and commercial applications.
• i-Temp Temperature Control Units High-temperature temperature control units (TCUs) providing precise temperature regulation up to 400°C for industrial process applications including jacketed vessels, jacketed pipework, and molding machines.
• FC4TAE Free Cooling Chillers Free cooling chiller range that recovers up to 80% of process cooling energy costs by utilizing lower ambient temperatures to reduce or eliminate compressor operation, reducing energy consumption and carbon footprint.

Quantifiable outcome

• Up to 80% process cooling energy cost savings with free cooling technology
• +4 more outcomes

Named customers9 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• MTA (Member of brand family)coreStrategic or Co-development PartnerMTA is an Italian enterprise that has been producing equipment for the treatment of compressed gases, industrial refrigeration and air conditioning since 1985. ICS Cool Energy manufactures the i-Chiller product line through this brand family member relationship.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Vertiv: Specializes in data center and critical infrastructure cooling, including liquid cooling; emerging overlap with ICS Cool Energy's critical-infrastructure and data-center customer segment.

Direct peers

• Atlas Copco Power & Flow: Industrial equipment rental specialist offering temperature control, chillers, and process cooling solutions across Europe with comparable hire fleet and service model.
• Aggreko: Global leader in temporary power and temperature control hire, including large-scale chiller and cooling rentals. Most direct comparable in the industrial process-cooling rental market ICS Cool Energy serves.
• Carrier Rental Systems (Carrier Global): Major chiller OEM with a dedicated industrial chiller hire/rental business in Europe, directly overlapping with ICS on hire, sales, and service of process cooling equipment.

Broad incumbents

• Trane Technologies: Global chiller and HVAC OEM with broad industrial cooling portfolio including process chillers and HVAC service contracts competing with ICS across UK and EMEA.
• Mitsubishi Electric (Hydronics & IT Cooling): Manufactures process chillers and precision cooling equipment serving data centers and industrial customers, overlapping with ICS in critical-infrastructure cooling.
• Johnson Controls (York Chillers): York chiller brand competes in industrial process cooling alongside ICS, with a much larger installed base and broad service network in EMEA.
• Daikin Applied: Major HVAC and chiller manufacturer serving industrial process cooling; broader portfolio but overlapping customer base in food, beverage, and manufacturing in EMEA.

Regional players

• Speedy Hire: Major UK equipment rental company with cooling, heating, and HVAC hire capabilities providing direct regional competition in the British chiller/boiler rental market.

Others

• MTA (ICS brand family): Italian manufacturer of industrial refrigeration and HVAC equipment that produces ICS Cool Energy's proprietary i-Chiller line; an ecosystem partner/captive supplier rather than independent competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC6j7nvQYDnurdfODxVk45WQ
• LinkedInlinkedin.com/company/ics-temperature-control

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

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 I C S Cool Energy