IV Produkt

What IV Produkt does

IV Produkt AB is a Swedish manufacturer of energy-efficient air handling units (AHUs), founded in 1969 and headquartered in Växjö, Sweden. The company specializes in ventilation equipment with integrated cooling and heat-pump functionality, serving commercial buildings, multi-family residential properties, heritage/cultural buildings, retail, and specialized facilities such as museums, swimming pools, and research centers. With approximately 470 employees and operations across 20 countries, IV Produkt has delivered more than 160,000 units in over 80,000 projects and reports annual revenue of approximately SEK 2 billion (MSEK 2,005) for 2025.

The product portfolio is organized around the Envistar series (Envistar Top, Envistar Compact, Envistar Flex, Envistar Home Concept), supported by the Flexomix, FlexoPool, EcoCooler (integrated DX cooling), ThermoCooler HP (reversible heat pump), and Home Concept EcoHeater (exhaust air heat pump) lines. Differentiated technical features include cooling and heat-pump integration that eliminates the need for separate rooftop chillers, support for low-GWP refrigerants (R290, R454B, R454C) ahead of the 2027 EU F-gas regulation, a patent-pending Evacuation Dilution Function (EDF) for refrigerant safety, the Easy Access modular construction concept that simplifies transport through narrow building passages, and the IV Produkt Cloud platform for remote monitoring with two-factor authentication. The IV Produkt Designer software supports project planning and equipment sizing.

The business model is built on direct enterprise field sales with sales representatives organized by geographic district in Sweden and internationally, complemented by a quotation-based pricing approach (no public list prices). Revenue is generated primarily through hardware sales of air handling units, with a smaller but recurring layer from software tools (IV Produkt Designer, AHU Controls, Mollier Sketcher, Plugin) and the IV Produkt Cloud subscription service. Recent strategic priorities include the R290-based EcoCooler and ThermoCooler HP launch, a 5,000 m² production facility opened in late 2025 to manufacture next-generation integrated units, and channel expansion through a 2025 distribution partnership with Auerhaan Klimaattechniek in the Netherlands. The ThermoCooler HP won Commercial HVAC Product of the Year – Ventilation at the H&V News Awards 2025 in London.

Name

IV Produkt

Legal name

IV Produkt AB

Website

https://ivprodukt.se

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

251–500 employees

Short description

IV Produkt AB is a Swedish manufacturer of energy-efficient air handling units with integrated cooling and heat pumps. Founded in 1969 and based in Växjö, the company serves commercial, residential, heritage, and specialized buildings across 20 countries.

Ownership category

akta.pro rank

Product category

Commercial HVAC / Air Handling Units

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

Air Handling Units (AHUs) & Rooftop Units (RTUs) (IMADANAA)

akta.pro secondary industries

Fans, Blowers & Ventilation Units (Supply/Exhaust/Inline) (IMADANAB), Controls, Thermostats, Sensors & Building Automation (HVAC Controls) (IMADANAH), Heat Pump & Smart HVAC Controller Integration (HSAOANAD)

Keywords

• Air handling units
• Energy-efficient ventilation
• HVAC manufacturing
• Heat recovery ventilation
• Commercial HVAC equipment

Headquarters

HQ city

Växjö

HQ country

Sweden

HQ region

Europe

Offices1 record

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. Air Handling Unit Sales: Sale of physical ventilation (air handling) units, including integrated cooling and heat pump products. Revenue from hardware product sales with associated software tools (IV Produkt Designer, AHU Controls, Mollier Sketcher).
2. Software & Cloud Services: IV Produkt Cloud cloud service for remote monitoring and control; IV Produkt Designer, AHU Controls, Mollier Sketcher, and Plugin software tools.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels10 records

Core offering

IV Produkt manufactures and sells energy-efficient air handling units (AHUs) under the Envistar series, along with integrated DX cooling units (EcoCooler), reversible heat pumps (ThermoCooler HP), and exhaust air heat pumps (Home Concept EcoHeater). The hardware offering is supported by the IV Produkt Cloud remote-monitoring service, the Easy Access modular installation concept, and a suite of project planning and control software tools (IV Produkt Designer, AHU Controls, Mollier Sketcher, Plugin). Products are sold to commercial buildings, residential property owners, historic/heritage buildings, retail, and specialized facilities across more than 20 countries.

Product overview

IV Produkt is a Swedish manufacturer specializing in energy-efficient air handling units (ventilationsaggregat), founded in 1969. The company offers the market's broadest product range of ventilation units, organized around the Envistar series (Envistar Top, Envistar Compact, Envistar Flex, Envistar Home Concept) and the Flexomix and FlexoPool lines, complemented by integrated cooling units (EcoCooler), reversible heat pumps (ThermoCooler HP), and exhaust air heat pumps (Home Concept EcoHeater). The product ecosystem is supported by the IV Produkt Cloud remote monitoring service, the Easy Access transport concept, and a suite of software tools including IV Produkt Designer, IV Produkt AHU Controls, Mollier Sketcher, and Plugin. With over 160,000 delivered units across more than 80,000 projects in 20 countries, the company positions itself as a complete and reliable supplier from project planning through installation.

Differentiator

Problem solved

Functional benefit

Brands

• Envistar: Product series of air handling units including Envistar Top, Envistar Compact, Envistar Flex, and Envistar Home Concept.
• EcoCooler
• ThermoCooler HP
• Home Concept EcoHeater
• Flexomix
• FlexoPool
• IV Produkt Cloud
• Easy Access

Products and services

• Envistar Top Top-connected air handling unit that saves floor space (up to 75%), designed for easy transport through narrow passages and suitable for buildings with limited fan-room space. Targeted at commercial and office buildings with space constraints.
• Envistar Compact Compact air handling unit within the Envistar series designed for space-constrained installations. Targeted at buildings where fan-room area is limited.
• Envistar Flex Flexible air handling unit offering high customization, integrated cooling and heat pump support, modular construction, and heat recovery up to ~90%. Used in offices, hotels, residential buildings, and heritage projects.
• Flexomix Modular air handling unit with many customization options, including dehumidification and 3-stage cooling. Used in museums, swimming pools, and other demanding applications.
• Envistar Home Concept FTX (heat recovery ventilation) unit for renovation and new construction of apartment buildings, providing energy-efficient ventilation with heat recovery.
• FlexoPool Air handling unit custom-tailored for indoor climate in swimming pools, spa facilities, and adventure baths.
• EcoCooler Integrated variable-speed DX (direct expansion) cooling unit with stepless cooling capacity, EER up to 7, and VAV compatibility. Available with R290 (GWP 0.02) or R454B refrigerant. Installed inside air handling units to eliminate separate rooftop chillers.
• ThermoCooler HP Integrated reversible heat pump with stepless cooling and heating capacity, providing comfort cooling and heating of ventilation air without external installations. Available with R290 (GWP 0.02) or R454B refrigerant. Achieves heat recovery up to ~90% and dry-temperature efficiency of ~88%.
• Home Concept EcoHeater Exhaust air heat pump for energy-efficient renovation of residential buildings with only exhaust ventilation. Recovers heat from exhaust air and provides space heating and hot water pre-heating.
• IV Produkt Cloud Cloud service for remote control and monitoring of IV Produkt air handling units, including a multi-unit dashboard, real-time parameter adjustment, user management, and two-step verification.
• Easy Access Modular construction concept that simplifies transportation of air handling units into buildings through narrow passages and doorways, reducing installation time and complexity.
• IV Produkt Designer Product selection software that assists with project planning and dimensioning of air handling units, including investment calculations.
• IV Produkt AHU Controls Control software for air handling units providing instructions, troubleshooting, and communication functions for control and regulation.
• Mollier Sketcher Software tool for working with Mollier (psychrometric) diagrams used in ventilation and air treatment calculations.
• Plugin Plugin software tool for use with IV Produkt products and design software.

Quantifiable outcome

• 87% reduction in annual ventilation energy use (from 668,881 to 85,312 kWh/year) in EMBARQ Bristol project
• +17 more outcomes

Named customers18 records

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• Auerhaan KlimaattechniekcoreChannel Partner/ Reseller/ Distributor · 1 January 2025IV Produkt entered a partnership with Auerhaan Klimaattechniek, a leading supplier of climate technology in the Netherlands. The partnership represents an important step in IV Produkt's international expansion and further strengthens their presence in the Dutch market. Auerhaan Klimaattechniek is a key distribution partner in the Netherlands.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Daikin: Global Japanese HVAC incumbent offering integrated cooling, heating, and ventilation solutions. As an integrated heat pump and chiller giant, Daikin competes with IV Produkt's ThermoCooler HP/EcoCooler portfolio in commercial cooling applications.
• Carrier Global: US-listed global HVAC manufacturer offering chillers, air handling units, and refrigeration equipment. Carrier competes broadly with IV Produkt's integrated cooling and heat pump solutions in commercial and institutional projects.
• Zehnder Group: Swiss-listed provider of indoor climate solutions including ventilation, heating, and cooling products for residential and commercial buildings — broader portfolio but overlapping with IV Produkt's commercial ventilation offering.
• TROX: German global leader in ventilation and air handling components, with a much broader product line spanning fire dampers, grilles, and full AHU systems. TROX competes in similar commercial and industrial HVAC projects across Europe.

Direct peers

• Östberg: Swedish/Nordic manufacturer of fans and air handling units for commercial and residential ventilation — directly comparable product line and geography, particularly across Scandinavian markets.
• Systemair: Headquartered in Skinnskatteberg, Sweden, Systemair is a leading European manufacturer of energy-efficient air handling units, fans, and ventilation products — directly competing with IV Produkt's Envistar portfolio across commercial and residential segments.
• FläktGroup: European HVAC manufacturer (owned by Triton) producing air handling units, fans, and air movement solutions for commercial and industrial markets. Two of IV Produkt's recent sales hires (Peter Wilson, Mikael Knutsgård) joined from FläktGroup, evidencing direct talent market overlap.
• Rosenberg Ventilatoren: German family-owned manufacturer of fans, air handling units, and ventilation components — overlaps with IV Produkt's Envistar range and Flexomix modular units across European commercial and industrial projects.
• Swegon: Swedish-based indoor climate solutions provider offering air handling units, chillers, and comfort cooling products. Swegon competes head-to-head with IV Produkt in commercial offices, healthcare, and education projects across Northern Europe.
• Helios Ventilatoren: German manufacturer of ventilation systems, fans, and air handling units for residential, commercial and industrial applications — directly comparable in product scope and customer segments to IV Produkt, particularly in Central Europe.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCCIrV7Dk7Qeuomzf3ODYNnA?sub_confirmation=1
• Facebookfacebook.com/ivprodukt
• LinkedInlinkedin.com/company/iv-produkt-ab
• Instagraminstagram.com/ivprodukt

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 IV Produkt