Onda

What Onda does

Wieland Onda Srl (operating as Onda) is an Italian manufacturer specializing in industrial heat exchangers, with over 30 years of experience in the HVAC/R (heating, ventilation, air conditioning, and refrigeration) sector. Founded in 1993 and headquartered in Mussolente (Vicenza), Italy, the company designs and produces five core product lines: air heat exchangers (unit coolers, axial condensers, dry coolers), brazed plate heat exchangers (23 models), gasketed plate and frame heat exchangers (15 models), shell and tube heat exchangers (capacities from 10 to 10,000 kW), and custom special heat exchangers using materials including titanium, cupronickel, superduplex, and stainless steel. Operations span five production facilities totaling approximately 23,000-28,000 square meters across Italy (Mussolente and Lonigo), the United States (Delaware, Ohio), and Finland (Kangasala/Tampere), supported by a workforce of 200+ employees and a global distribution network reaching 80 countries through direct sales and 20+ international channel partners.

The company serves a primarily B2B enterprise customer base, with industrial HVAC/R OEMs as the principal segment and secondary applications in process cooling, data center cooling, marine/naval, and commercial building HVAC. Wieland Onda is a wholly-owned subsidiary of the Wieland Group, a diversified industrial conglomerate, and differentiates itself through proprietary technology including a patent-pending Hybrid Film Evaporator, CFD-optimized plate designs, internally manufactured finned tubes, and comprehensive certifications (ISO 9001:2015 since 1996, PED, ASME, TEMA, plus naval classifications from DNV-GL, BVM, LRS, RINA, and ABS). Revenue is generated through direct enterprise sales of bespoke and catalog heat exchange hardware, with pricing handled via quote-based engagement rather than standardized public pricing.

The company's 2022 product launches — the S727 brazed plate evaporator, the Hybrid Film Evaporator, and the HDE shell-and-tube evaporator — target the transition to low-GWP and A2L refrigerants under evolving F-Gas regulations, while delivering measurable efficiency gains such as 28-35% reductions in refrigerant charge versus legacy designs. These launches, combined with the multi-region manufacturing footprint and 80-country distribution, position Wieland Onda as a specialized mid-market industrial supplier serving OEMs and engineered-project customers across global HVAC/R, refrigeration, naval, and process cooling verticals.

Name

Onda

Legal name

Wieland Onda Srl

Website

https://onda-it.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

51–100 employees

Short description

Wieland Onda Srl (Onda) is an Italian manufacturer of industrial heat exchangers — including brazed plate, shell and tube, gasketed plate, and air heat exchangers — serving primarily HVAC/R OEMs globally from five production facilities in Italy, the USA, and Finland, and operating as a subsidiary of the Wieland Group.

Ownership category

akta.pro rank

Product category

Industrial Heat Exchangers

NAICS

Power Boiler and Heat Exchanger Manufacturing (332410), Power Boiler and Heat Exchanger Manufacturing (33241), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Refrigeration & Service Industry Machinery (3580)

akta.pro primary industry

Heat Exchangers, Coils & Hydronic HVAC Components (IMADANAF)

akta.pro secondary industries

Heat Exchangers & Thermal Transfer Equipment (IMAHAKAC), Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers) (IMAHAEAC), Waste Heat Recovery & Heat Integration (HRSG/ORC, Pinch Analysis, Heat Exchangers) (EUABAJAF)

Keywords

• Industrial heat exchangers
• Brazed plate heat exchangers
• Shell and tube heat exchangers
• Air heat exchangers
• HVAC refrigeration equipment

Headquarters

HQ city

Bassano Del Grappa

HQ country

Italy

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Heat Exchanger Sales: Sale of heat exchangers including air heat exchangers, brazed plate heat exchangers, plate heat exchangers, shell and tube heat exchangers, and special/custom heat exchangers to industrial OEM customers and end-users.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels2 records

Core offering

Onda designs and manufactures industrial heat exchangers — air heat exchangers, brazed plate heat exchangers (BPHE), gasketed plate and frame heat exchangers, shell and tube heat exchangers, and custom special heat exchangers — for HVAC/R, refrigeration, industrial process cooling, marine/naval, and commercial HVAC applications. The company produces directly at five facilities in Italy, the USA, and Finland, combining CFD-based design with in-house laboratory testing to serve major OEMs and certified marine customers.

Product overview

Wieland Onda Srl is a heat exchanger manufacturer with over 30 years of experience, operating four production plants in Italy (Mussolente and Lonigo), USA (Delaware, OH), and Finland (Tampere). The company offers five main product lines: (1) Air Heat Exchangers including unit coolers, axial condensers, and liquid/dry coolers; (2) Brazed Plate Heat Exchangers (BPHE) with 23 models for refrigeration and HVAC; (3) Plate and Frame Heat Exchangers with 15 models for industrial and district applications; (4) Shell and Tube Heat Exchangers including evaporators (FSE, LSE, SSE, LPE, MPE, HPE, FLS-FLT, Hybrid Film, HDE) and condensers (C, CRW, L, B, M-SM, CEO-CEV-HC) with capacities from 10 to 10,000 kW; and (5) Special Heat Exchangers for custom applications. Products serve HVAC/R, industrial refrigeration, marine, and process cooling markets. The company holds ISO 9001 certification since 1996, PED, ASME, and various naval classification approvals.

Differentiator

Problem solved

Functional benefit

Brands

• S Series Heat Exchangers: Brazed plate heat exchangers including models S06, S09, S22, S202, S404, S424, S606, and S727 for various HVAC and refrigeration applications.
• BPHE (Brazed Plate Heat Exchangers)
• S&T (Shell and Tube)
• Plate and Frame Heat Exchangers

Products and services

• Air Heat Exchangers A complete range of air heat exchangers — including aircoolers, unit coolers, axial condensers, and liquid/dry coolers — sold to HVAC/R OEMs and end users for air-conditioning, refrigeration, and process cooling applications.
• Brazed Plate Heat Exchangers (BPHE) A line of 23 brazed plate heat exchanger models for refrigeration (evaporation and condensation from 3 to 850 tons) and HVAC applications including heating, sanitary water, and air conditioning, manufactured under the European Pressure Equipment Directive (PED).
• Plate and Frame Heat Exchangers (Gasketed) A range of 15 gasketed plate and frame heat exchanger models for HVAC, industrial, cogeneration, district-heating and district-cooling applications, available in H (high efficiency) and L (low efficiency) plate designs with an Easy x gasket system for leak-tightness.
• Shell and Tube Heat Exchangers A comprehensive range of shell and tube heat exchangers for refrigeration (evaporators and condensers for refrigerants R22, R134a, R410A, R407C, and NH3) and industrial applications (oil cooling, liquid/liquid heat exchangers) with capacities from 10 to 10,000 kW.
• Special Heat Exchangers Custom-engineered heat exchangers developed jointly with customers by Onda's Technical Department, available in materials including Titanium, Cupronickel, Superduplex, Copper, Stainless Steel, and Carbon Steel, with operating envelopes up to 100 bar, temperatures from -57°C to 250°C, diameters up to 2,500 mm, lengths up to 12,000 mm, weights up to 50,000 kg, and naval classification certifications (DNV-GL, BVM, LRS, RINA, ABS).
• Shell and Tube Condenser C Shell and tube condensers for refrigerant gas condensation in air-conditioning and refrigeration plants and for heat-recovery applications, with heat capacity between 10 kW and 2 MW under standard conditions.
• Shell and Tube Condenser CRW Shell and tube condensers for HVAC and process cooling using HFC and HFO refrigerants, with a compact design that reduces specific refrigerant charge by approximately 28% compared to traditional finned tube condensers, in a 5-350 kW power range.
• Hybrid Film Evaporator An innovative shell and tube evaporator that combines the high efficiency of flooded evaporators with the low refrigerant charge of falling film evaporators, with a patent-pending core design belonging to Onda's IPR and a distribution system that controls refrigerant liquid around tubes at all working conditions.
• S727 Brazed Plate Evaporator The largest dual-circuit brazed plate heat exchanger in Onda's S series, designed for process cooling and air conditioning, using low-pressure refrigerants (R1234ze, R515B, R513A, R134a) up to 20 Bar and reaching up to 700 kW cooling capacity, with CFD-optimized plate design validated by laboratory testing.
• Shell and Tube Evaporator HDE A dry-expansion shell and tube evaporator with hairpin tubes optimized for high-pressure refrigerants R32, R454B, and R410A, with a design pressure of 49 barg, -150°C temperature rating, a length approximately 20% shorter than the HBE and 30% shorter than the HPE predecessor models, and 3-4 multi-circuit options up to Dsh 508 mm.
• Marine Bronze Condensers Special condensers for marine applications built with bronze and brass alloy headers, with customized specifications, Finite Elements Analysis support, and required naval certifications available.

Quantifiable outcome

• Refrigerant charge reduction of approximately -35% compared to traditional condensers
• +2 more outcomes

Named customers2 records

Segments4 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

Six partnerships are on record, tiered regional and core.

• Aqua Cooling (UK)regionalChannel Partner/ Reseller/ DistributorUK, Northern Ireland and EIRE distributor for Air Range products
• TITAN ENGINEERING LIMITEDregionalChannel Partner/ Reseller/ DistributorUK distributor for heat exchangers
• RIMAR INTERNATIONAL BVBAregionalChannel Partner/ Reseller/ DistributorBelgium distributor
• New HEAT Sp. z o.o.regionalChannel Partner/ Reseller/ DistributorPoland distributor for Brazed Plate Heat Exchangers for heating applications
• Beijer Ref Italy S.r.l.regionalChannel Partner/ Reseller/ DistributorItaly distributor
• Wieland GroupcoreStrategic or Co-development PartnerParent company relationship with Wieland Group (reflected in company name Wieland Onda), providing corporate governance and strategic direction

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Funke Wärmeaustauscher: German specialist in plate heat exchangers (gasketed, brazed, welded) for HVAC, district heating and industrial applications. Direct competitor in Onda's plate-and-frame and brazed plate product categories, particularly across European OEM customers.
• Sondex (Danfoss): Plate heat exchanger brand within Danfoss Climate Solutions; competes with Onda's BPHE and gasketed plate ranges in HVAC/R and refrigeration OEM channels globally, particularly benefiting from Danfoss's larger sales and service network.
• Kelvion: German-headquartered specialist manufacturer of heat exchangers (plate, shell and tube, brazed) for HVAC, refrigeration, marine, power and industrial applications. Closest direct competitor to Onda in BPHE and shell and tube product lines and target OEM customers.
• API Heat Transfer (formerly APV): US-headquartered manufacturer of shell and tube, plate, brazed and air-cooled heat exchangers for HVAC/R, industrial process and OEM customers. Direct peer in S&T condensers/evaporators and a benchmark for Onda's US operations in Delaware, OH.
• Standard Xchange (Koch Heat Transfer): Koch subsidiary focused on shell and tube heat exchangers for industrial, HVAC and process applications, including TEMA-compliant designs. Direct competitor in Onda's core S&T evaporator and condenser product lines serving OEMs and process industries.
• SWEP (Dover Corporation): Part of Dover's Engineered Products segment; global specialist in brazed plate heat exchangers for HVAC/R and refrigeration OEMs. Competes head-to-head with Onda's BPHE line in the same refrigerant transition and OEM design-in conversations.

Broad incumbents

• GEA Group: Large German industrial group with significant heat exchanger business (plate and frame, shell and tube, scraped surface) across dairy, food, beverage and refrigeration. Overlaps with Onda in industrial refrigeration and special/custom heat exchangers.
• Xylem: Global water technology company with a portfolio that includes heat exchangers and thermal management products used in HVAC, district cooling and process cooling. Comparable to Onda in process and district cooling use cases at much larger scale.
• Alfa Laval: Swedish global leader in heat transfer, separation and fluid handling, including brazed plate, gasketed plate and shell and tube heat exchangers. Directly overlaps with Onda across virtually all product categories but at far greater scale and with a wider industrial and food/dairy footprint.

Regional players

• Hisaka Works: Japanese manufacturer of plate heat exchangers (gasketed and brazed) primarily serving Asian HVAC/R and industrial markets. Regional peer with comparable BPHE technology but limited direct overlap with Onda's Europe-centric footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/onda-s.p.a.

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

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 Onda