Olympic International

What Olympic International does

Olympic International is a privately held, 60-year-old HVAC solutions provider headquartered in North Vancouver, British Columbia, serving commercial, institutional, and industrial customers across BC and Yukon. Founded in 1963, the company operates as a manufacturer's representative for premium HVAC brands — including Daikin (VRV/VRF systems, Altherma heat pumps, Applied equipment), AERMEC (heat pumps), Scott Springfield (custom air handling units), Valent, Innovent, Oxygen8, Olimpia Splendid, and Wilo (hydronics) — and reports 168,979 tonnes of CO2 emissions avoided since 2012 through customer adoption of heat pump technology.

The company runs three integrated operating divisions: an Equipment Sales division providing HVAC solutions plus design and engineering support; Olympic HVAC Parts and Supply, a wholesale distributor of OEM replacement parts, universal parts, and tools serving HVAC and refrigeration trade contractors; and Olympic Service, a 35+ person maintenance and repair operation covering Daikin, AERMEC, and other product lines across Vancouver and Kelowna. A fourth line, TechIntel, delivers paid technical training ($300 per 4-module program) to engineers and contractors on HVAC fundamentals, Daikin VRV installation, and related topics. Notable project work includes the New Surrey Hospital (where Olympic delivered a near-80,000 lb Scott Springfield AHU) and Northern Lights College (Daikin Vision air handlers).

The business model is predominantly project-based equipment sales (quote-driven, multi-year contract pricing) supplemented by recurring parts distribution and HVAC service revenue. Recent strategic moves include a 2026 partnership with Italian HVAC manufacturer Olimpia Splendid, the Canadian launch of the Daikin Altherma 3 H HT residential heat pump, the New Surrey Hospital project milestone, and C-suite additions of Tony Armon (COO, 2024) and Meghan Hansen (CFO, 2025). Revenue is not publicly disclosed, but a headcount of 51-100 staff and a regional monopoly position on several represented brands point to a mid-sized specialty distributor.

Name

Olympic International

Legal name

Olympic International

Website

https://olympicinternational.com

Company type

Private

Founded year

1963

Operating status

Operating

Headcount range

51–100 employees

Short description

Olympic International is a privately held BC-based HVAC manufacturer's representative and distributor, selling Daikin, AERMEC, and other premium HVAC brands across commercial, institutional, and industrial segments in British Columbia and Yukon. It operates integrated Sales, Parts, and Service divisions plus a technical training program.

Ownership category

akta.pro rank

Headquarters

HQ city

North Vancouver

HQ country

Canada

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. HVAC Equipment Sales: Sales of HVAC equipment including heat pumps, VRV systems, chillers, air handlers, and hydronic equipment to building owners, mechanical contractors, and EPC firms
2. Parts and Supply Distribution: Wholesale distribution of HVAC parts, tools, and supplies to HVAC and refrigeration trade contractors
3. HVAC Service: Servicing and maintaining HVAC equipment including Daikin Comfort, Daikin Applied, Aermec, and various other products

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

Olympic International is a manufacturer's representative and distributor of commercial, institutional, and industrial HVAC equipment, including heat pumps, VRV/VRF systems, air handling units, and hydronic systems. The company operates wholesale parts distribution (Olympic HVAC Parts and Supply) and field service (Olympic Service) divisions, and delivers technical training through its TechIntel program, serving British Columbia and Yukon from offices in North Vancouver and Kelowna.

Product overview

Olympic International is a Western Canada HVAC solutions provider offering customized HVAC equipment and Zero Carbon Energy Solutions. The company operates through several divisions: (1) Sales division providing HVAC equipment including Daikin VRV/VRF systems, Daikin Altherma heat pumps, AERMEC heat pump technology, Scott Springfield custom air handling units, Valent/Innovent air handlers, and hydronic systems with Wilo products; (2) Olympic HVAC Parts and Supply wholesale division; (3) Olympic Service division for equipment servicing; and (4) TechIntel training services. The company serves British Columbia and Yukon markets from offices in North Vancouver and Kelowna.

Differentiator

Problem solved

Functional benefit

Brands

• Olympic Service: HVAC service and maintenance division offering servicing of Daikin Comfort, Daikin Applied, Aermec and various other products
• Olympic HVAC Parts and Supply
• TechIntel

Products and services

• Customized HVAC Solutions Comprehensive HVAC equipment solutions for commercial, institutional, and industrial applications, including design support and ongoing service expertise, offered to building owners, mechanical contractors, and EPC firms in BC and Yukon.
• Zero Carbon Energy Solutions Heat pump technology and system design support to address zero carbon energy needs for buildings, serving commercial, institutional, and industrial customers pursuing decarbonization in BC and Yukon.
• Daikin Altherma Heat Pumps Residential and commercial heat pump systems including the Altherma 3 H HT series with R-32 refrigerant, producing up to 70°C hot water with COP up to 5.0, for new construction and retrofit projects in BC and Yukon.
• Daikin VRV/VRF Systems Variable Refrigerant Volume/Flow systems for commercial and residential applications, including installation, commissioning, and troubleshooting training delivered as part of the Daikin VRV product line.
• Commercial and Institutional HVAC Systems HVAC solutions tailored for commercial and institutional buildings, including hospitals, schools, and public sector facilities across BC and Yukon.
• Industrial HVAC Systems HVAC solutions for industrial applications, including high capacity air handlers and rooftop units for manufacturing and processing facilities.
• Hydronics Systems Hydronic heating and cooling systems including pumps, booster/pump skids, expansion tanks, air separators, low loss headers, and pump and seismic connectors, sold via the Hydronics Sales Department.
• Scott Springfield Air Handling Units Custom air handling equipment for commercial and industrial applications, including Vision Semi-Custom Indoor Air Handlers with ECM Fan Array, used in projects such as the New Surrey Hospital, Calgary Cancer Centre, and The Stack Vancouver.
• Valent and Innovent Air Handlers and Rooftop Units Customized Valent air handlers and rooftop units up to 70 tons and Innovent custom air handling units up to 100,000 CFM, ideal for up to 100% outside air applications in BC.
• Olympic HVAC Parts and Supply Wholesale distributor supplying equipment and parts to the HVAC and Refrigeration trade, including OEM replacement parts, universal parts, and tools, operating from the North Vancouver warehouse.
• Olympic Service HVAC equipment servicing and maintenance division, covering Daikin Comfort, Daikin Applied, Aermec, and various other products, delivered by 35+ service staff across Vancouver and Kelowna.
• TechIntel Training Engineer-focused paid technical training on HVAC systems and product application, including the 4-module HVAC Fundamentals program ($300) and Daikin VRV Installation, Commissioning, and Troubleshooting courses, delivered to industry partners.
• AERMEC Heat Pump Technology AERMEC heat pump technology for space heating and cooling, including NRP series and CPS solutions, credited with 168,979 tonnes of CO2 emissions avoided since 2012 through customer use.
• Daikin Applied HVAC Equipment Daikin Applied HVAC equipment including chillers, rooftop units, and custom air handlers, available through Olympic International's manufacturer representation in BC and Yukon.

Quantifiable outcome

• 168,979 tonnes of CO2 emissions avoided since 2012 through AERMEC heat pump technology

Named customers3 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered minor and core.

• Scott SpringfieldminorGTM or Marketing Partner · 17 June 2026Healthcare facility solutions partner at CHES BC Conference in Whistler.
• CondairminorGTM or Marketing Partner · 17 June 2026Healthcare facility solutions partner at CHES BC Conference in Whistler.
• Strobic Air TechnologiesminorGTM or Marketing Partner · 17 June 2026Healthcare facility solutions partner at CHES BC Conference in Whistler.
• EllisDoncoreStrategic or Co-development Partner · 29 April 2026General contractor on New Surrey Hospital project - major healthcare infrastructure project requiring significant HVAC equipment delivery and coordination.
• Crossey EngineeringcoreStrategic or Co-development Partner · 29 April 2026Engineering partner on New Surrey Hospital project.
• Fraser Health Authority (FHA)coreStrategic or Co-development Partner · 29 April 2026Client/owner on New Surrey Hospital project.
• FWL/TM Joint Ventures InccoreStrategic or Co-development Partner · 29 April 2026Joint venture partner on New Surrey Hospital project.
• SSMcoreStrategic or Co-development Partner · 29 April 2026Equipment supplier for major air handling units on New Surrey Hospital project.
• Olimpia SplendidcoreTechnology or Integration · 20 March 2026Partnership for innovative, high-performance HVAC solutions. Olimpia Splendid provides products including Maestro Pro heat pumps that Olympic represents in BC market.
• Scott Springfield ManufacturingcoreTechnology or Integration · 27 December 2015World-renowned custom manufacturer of air handling equipment for commercial and industrial applications. Scott Springfield Mfg. supplies custom AHUs for major projects including Calgary Cancer Centre and The Stack Vancouver.

Scale indicators3 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Master Group: One of Canada's largest independent HVAC/R distributors and manufacturer's representatives, with multi-branch operations across Western Canada. Highly comparable business model (rep + parts distribution + service) and geographic overlap with Olympic in BC/Alberta.
• EMCO Corporation: Canadian plumbing, HVAC, waterworks, and industrial products distributor with national branch network and in-house support services. Comparable as a multi-branch HVAC distributor with parts, service, and project support capabilities.
• Bartle & Gibson: Western Canadian HVAC/R and plumbing distributor with branches across BC, Alberta, Saskatchewan, and Manitoba. Direct overlap with Olympic in BC territory and similar rep-plus-distribution business model.
• IPEX Inc. Canadian-based manufacturer and distributor of mechanical, plumbing, and HVAC piping systems. Comparable as a mechanical-systems provider serving commercial construction and institutional projects in Canada.

Broad incumbents

• Wolseley Canada (Ferguson Canada): National HVAC, plumbing, and PVF distribution platform operating across Canada. Overlaps with Olympic in HVAC wholesale and project support but operates at meaningfully larger scale and broader product breadth.
• Watsco: The largest HVAC/R distributor in North America, carrying Carrier, Trane, Lennox, and other premium brands. Comparable business model to Olympic's distribution division but operates at vastly larger scale and geographic reach.
• Daikin Comfort Technologies (Daikin Applied): Global HVAC manufacturer whose products Olympic represents in BC/Yukon. Comparable as the principal supplier of VRV/VRF, Altherma heat pumps, and applied chillers/AHUs that anchor Olympic's portfolio.
• Trane Technologies: Global HVAC manufacturer with chillers, applied equipment, and controls targeting institutional and commercial projects. Competes indirectly in BC institutional projects served by Olympic (hospitals, education).
• Carrier Global Corporation: Global HVAC manufacturer with broad applied and commercial product portfolios. Competes with Daikin/Aermec equipment Olympic represents in BC institutional and industrial projects.

Regional players

• Acklands-Grainger: Canadian industrial and maintenance products distributor serving the same BC/Yukon contractor and facility-owner base as Olympic's Parts and Supply division. Comparable channel overlap with Olympic's wholesale parts business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/olympic-international-agencies-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries2 records

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 Olympic International