Olimpia Splendid
Olimpia Splendid is an Italian HVAC manufacturer founded in 1956 that designs and sells heat pumps, air conditioners, and climate-control products under the Maestro, Dolceclima, and Nexya brands to residential and commercial customers across 8 countries via direct e-commerce.
- Company typePrivate
- Founded1956
- HeadquartersFratticciola Selvatica, Italy
- Headcount101–250
- GTM typeB2C
- OfferingHardware or Manufacturing
What Olimpia Splendid does
Olimpia Splendid is an Italian designer and manufacturer of residential and commercial climate-control products, founded in 1956 and headquartered in Fratticciola Selvatica, Italy, with 101-250 employees. The company operates through three product lines — Maestro (premium wall-mounted heat pumps including the Maestro Pro Inverter 12 HP, marketed as the industry's first wall-mounted air conditioner and heater with no outdoor unit), Dolceclima (portable/entry-level air conditioning), and Nexya (heat pump family) — built on heat pump and inverter technology with an emphasis on energy efficiency, environmental sustainability, and Italian design aesthetics.
The company sells directly to consumers and SMBs through proprietary e-commerce sites (olimpiasplendidusa.com in the US and country-specific storefronts across Italy, UK, Germany, Spain, France, Portugal, Brazil, and Australia), supplemented by social media channels (Facebook, Instagram, LinkedIn, YouTube). Olimpia Splendid USA, Inc., a wholly-owned Texas-incorporated subsidiary headquartered in Lewisville, was established in 2022 to serve the North American market. Revenue is generated through hardware product sales of heat pumps, air conditioners, and climate control solutions; pricing is not publicly disclosed.
The company is privately held by Italian parent Olimpia Splendid S.p.A., which received a funding round led by Alto Partners SGR in 2019, and holds sector certifications including AHRI, ETL, and UL. Ownership commentary suggests a traditional family-controlled or closely-held European enterprise pattern expanding into global markets, consistent with no disclosed venture or private equity backing beyond the 2019 round.
Olimpia Splendid firmographics
Firmographics- Name
- Olimpia Splendid
- Legal name
- Olimpia Splendid USA, Inc.
- Website
- https://olimpiasplendid.com
- Company type
- Private
- Founded year
- 1956
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Olimpia Splendid is an Italian HVAC manufacturer founded in 1956 that designs and sells heat pumps, air conditioners, and climate-control products under the Maestro, Dolceclima, and Nexya brands to residential and commercial customers across 8 countries via direct e-commerce.
- Ownership category
- akta.pro rank
Olimpia Splendid industry classification
Industry- Product category
- Residential HVAC 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), Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512), Major Household Appliance Manufacturing (33522)
- SIC
- Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Heating Equipment, Except Electric & Warm Air Furnaces (3433), Household Appliances (3630), Steam & Air-Conditioning Supply (4961)
- akta.pro primary industry
- HVAC Equipment (Heating, Cooling & Air Handling) (IMAHAKAB)
- akta.pro secondary industries
- Heat Pump & Smart HVAC Controller Integration (HSAOANAD), Residential HVAC System Installation (Furnace/AC/Heat Pump) (HSAOAGAA), Smart Thermostats & HVAC Controls Retail (CRAIAMAC), HVAC & Air Treatment Appliance Retail (Air Conditioners, Heat Pumps, Air Purifiers/Dehumidifiers) (CRACACAE), Heat Exchangers, Coils & Hydronic HVAC Components (IMADANAF)
Keywords
Where Olimpia Splendid is headquartered
LocationHeadquarters
- HQ city
- Fratticciola Selvatica
- HQ country
- Italy
- HQ region
- Europe
Offices1 record
Markets served
Olimpia Splendid business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Hardware Product Sales: Olimpia Splendid designs, manufactures, and sells comfort products including heat pumps, air conditioners, and climate control solutions. Revenue is generated through direct product sales to residential and commercial customers.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Olimpia Splendid product offering
Product offeringCore offering
Olimpia Splendid designs, manufactures, and sells air conditioning, heat pump, and climate control products under three main lines—Maestro (wall-mounted heat pump with no outdoor unit), Dolceclima (portable air conditioning), and Nexya (heat pump family). The company focuses on Italian-designed, energy-efficient HVAC solutions sold primarily through direct e-commerce to residential customers, with secondary use in commercial buildings.
Product overview
Olimpia Splendid is an Italian HVAC company since 1956 that designs and manufactures comfort products with a focus on environmentally friendly solutions, industry-leading technologies, and Italian design aesthetics. The product portfolio consists of three main lines: Maestro Pro Inverter 12 HP (the industry’s first wall-mounted air conditioner and heater with no outdoor unit), Dolceclima (portable air conditioning solutions), and Nexya (family of heat pump products). All products emphasize the integration of engineering and aesthetics with best-in-class efficiencies and innovative solutions.
Differentiator
Problem solved
Functional benefit
Brands
- Maestro: Premium product line featuring the industry's first wall-mounted air conditioner and heater with no outdoor unit, providing maximum comfort with minimal architectural impact.
- Dolceclima
- Nexya
Products and services
- Maestro Pro Inverter 12 HP Wall-mounted air conditioner and heater with no outdoor unit; industry-first design that provides heating and cooling while eliminating bulky exterior equipment, targeting residential and commercial customers seeking aesthetically minimal climate solutions.
- Dolceclima Air conditioning product line focused on comfort cooling solutions and ease of use, targeting residential consumers needing portable or room-level cooling.
- Nexya Family of heat pump products designed for heating and cooling applications across residential environments.
Companies that use Olimpia Splendid
Customer profileSegments2 records
Ideal customer profiles2 records
Olimpia Splendid technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Olimpia Splendid partnerships and signals
Strategic signalScale indicators1 record
Recent moves5 records
Expansion highlights5 records
Olimpia Splendid competitors and assessment
Company assessmentDirect peers
- Daikin: Global leader in HVAC and heat pump manufacturing with strong presence in residential ductless and inverter systems. Directly comparable to Olimpia Splendid in residential heat pump and air conditioning categories, with broader scale and deeper R&D.
- Mitsubishi Electric: Major manufacturer of ductless mini-split heat pumps and residential cooling/heating systems under the Trane/Mitsubishi brand. Directly competes with Olimpia Splendid in the wall-mounted heat pump category with established US dealer networks.
- LG Electronics (Home Appliance & Air Solutions): Global manufacturer of residential air conditioners and heat pump systems including dual inverter technology. Competes with Olimpia Splendid in wall-mounted residential AC/heat pump segments across multiple geographies.
- Samsung Home Appliances (Climate Solutions): Manufacturer of residential air conditioners and heat pump systems with global distribution and Wind-Free technology. Competes with Olimpia Splendid in premium residential cooling/heating segments.
- Bosch Home Comfort (Thermotechnology): European-headquartered manufacturer of heat pumps, air conditioners, and residential HVAC solutions. Directly comparable to Olimpia Splendid as a competing premium European HVAC brand with global distribution.
- Panasonic Heating & Cooling Solutions: Major manufacturer of residential and commercial air conditioners and heat pumps with strong European and Asian presence. Directly competes with Olimpia Splendid in residential inverter heat pump and AC categories.
- Friedrich Air Conditioning: US-focused manufacturer of premium room air conditioners and ductless mini-split systems. Comparable to Olimpia Splendid as a specialist in residential wall-mounted AC and heat pump products serving North American consumers.
Broad incumbents
- Carrier Global Corporation: Global HVAC incumbent offering residential and commercial heating, cooling, and refrigeration under multiple brands (Carrier, Toshiba, Bryant). Comparable to Olimpia Splendid in residential heat pumps and AC but with vastly greater scale, broader portfolio, and established US dealer/installer networks.
- Trane Technologies: Global HVAC leader offering residential and commercial climate solutions under Trane and American Standard brands. Overlaps with Olimpia Splendid in residential cooling/heating but with comprehensive portfolio, deep installer relationships, and far larger scale.
Emerging players
- Gree Electric Appliances: World's largest residential AC manufacturer by volume with rapidly expanding heat pump and overseas presence. Comparable to Olimpia Splendid in residential inverter AC/heat pump categories, representing a value-segment competitive threat from scale.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights7 records
Customer concentration
Olimpia Splendid social profiles
Digital presenceOlimpia Splendid compliance and trust
Trust signalCompliance3 records
Olimpia Splendid financial estimates
Financial estimateRevenue estimate
Valuation estimate
Olimpia Splendid leadership team
Management profileNumber of profiles
Profiles1 record
Olimpia Splendid subsidiaries and ownership
Company hierarchySubsidiaries1 record
Olimpia Splendid funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Olimpia Splendid 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 Olimpia Splendid
What does Olimpia Splendid do?
Olimpia Splendid designs, manufactures, and sells air conditioning, heat pump, and climate control products under three main lines—Maestro (wall-mounted heat pump with no outdoor unit), Dolceclima (portable air conditioning), and Nexya (heat pump family). The company focuses on Italian-designed, energy-efficient HVAC solutions sold primarily through direct e-commerce to residential customers, with secondary use in commercial buildings.
Is Olimpia Splendid a public or private company?
Olimpia Splendid is a private company. It is classified as private equity controlled and is currently operating.
When was Olimpia Splendid founded?
Olimpia Splendid was founded in 1956. It employs 101 to 250 people.
Where is Olimpia Splendid based?
Olimpia Splendid is headquartered in Fratticciola Selvatica, Italy, in the Europe region.
How does Olimpia Splendid make money?
One revenue line is on record: hardware Product Sales.
Who are Olimpia Splendid's main competitors?
Direct peers on record are Daikin, Mitsubishi Electric, LG Electronics (Home Appliance & Air Solutions), Samsung Home Appliances (Climate Solutions), Bosch Home Comfort (Thermotechnology), Panasonic Heating & Cooling Solutions and Friedrich Air Conditioning. Broad incumbents are Carrier Global Corporation and Trane Technologies. Gree Electric Appliances is listed as an emerging player.
Does Olimpia Splendid have an API?
No public API is recorded for Olimpia Splendid.
What industry is Olimpia Splendid in?
Olimpia Splendid's product category is Residential HVAC Equipment. Its primary akta.pro industry code is IMAHAKAB, HVAC Equipment (Heating, Cooling & Air Handling), with a secondary code of HSAOANAD, Heat Pump & Smart HVAC Controller Integration. Its NAICS code is 333415 and its SIC code is 3585.