MACCHI
MACCHI, a division of Italy's Sofinter S.p.A., designs and manufactures industrial water-tube boilers and heat recovery steam generators (HRSG) for refineries, petrochemical plants, LNG terminals, and power generation customers across 50+ countries.
- Company typePrivate
- Founded1960
- HeadquartersGallarate, Italy
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What MACCHI does
MACCHI, a division of Italy-based Sofinter S.p.A., designs and manufactures industrial water-tube boilers and heat recovery steam generators (HRSG) for cogeneration and industrial process applications. The company's product portfolio includes the TITAN M auxiliary boiler line, MVF and MRD industrial boiler series, HRSG units for combined-cycle and cogeneration plants, waste heat boilers (WHB) for industrial process heat recovery, and the MACCHI ABS add-on control system based on proprietary mathematical algorithms for efficiency optimization, emissions reduction, and predictive maintenance. Underlying technology is differentiated by advanced combustion systems (MILD combustion, ultra-low NOx burners rated at single-digit ppm, hydrogen-fuel capable burners), CFD and mathematical modeling capabilities developed in-house since the 1990s, and Plug & Play modular prefabrication executing modules exceeding 600 tons and 150 t/h steam capacity per unit. R&D is supported by a dedicated combustion testing facility (CCA in Gioia del Colle) with 50 MWt full-scale burner validation capacity.
The business model is primarily project-based B2B hardware sales of custom-engineered boilers to enterprise customers in oil & gas (refineries, petrochemical plants, LNG terminals), power generation, and industrial process sectors, supplemented by recurring after-sales service, maintenance, and spare parts revenue. Distribution is direct enterprise sales through dedicated commercial and service offices, with 95% of production exported internationally across 50+ countries and over 1,000 units installed worldwide. Marketing relies heavily on industry events (GasTech, Power Gen International, LNG USA, Hydrogen Expo) and technical conference presentations. Group-level revenue was over EUR 200 million in 2023; MACCHI is one of several Sofinter brands alongside AC Boilers, Europower, and Itea. In April 2024, German private equity firm Mutares SE & Co. KGaA acquired a majority stake in Sofinter Group, citing expected synergies with portfolio company NEM Energy Group.
MACCHI firmographics
Firmographics- Name
- MACCHI
- Legal name
- Sofinter S.p.A.
- Website
- https://macchiboiler.it
- Company type
- Private
- Founded year
- 1960
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- MACCHI, a division of Italy's Sofinter S.p.A., designs and manufactures industrial water-tube boilers and heat recovery steam generators (HRSG) for refineries, petrochemical plants, LNG terminals, and power generation customers across 50+ countries.
- Ownership category
- akta.pro rank
MACCHI industry classification
Industry- Product category
- Industrial Boilers
- NAICS
- Power Boiler and Heat Exchanger Manufacturing (33241), Heating Equipment (except Warm Air Furnaces) Manufacturing (333414), Turbine and Turbine Generator Set Units Manufacturing (333611)
- SIC
- Fabricated Plate Work (Boiler Shops) (3443), Steam & Air-Conditioning Supply (4961), Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Industrial Boilers, HRSGs & Steam Generators (IMAHAFAF)
- akta.pro secondary industries
- Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers) (IMAHAEAC), Chillers, Boilers & Central Plant Operations (BPABACAG), Steam Turbines & Turbogenerators (IMAHAFAB)
Keywords
Where MACCHI is headquartered
LocationHeadquarters
- HQ city
- Gallarate
- HQ country
- Italy
- HQ region
- Europe
Offices6 records
Markets served
MACCHI business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Industrial Boiler Manufacturing: Design and manufacture of industrial water-tube boilers, heat recovery boilers (HRSG), and waste-heat boilers for oil & gas, refining, power generation, and industrial process applications.
- After-Sales Service and Maintenance: Service activities including after-sales support, maintenance, and spare parts for steam production plants of all types. The company targets significant development of service and aftermarket business leveraging its considerable installed base worldwide.
- Spare Parts Supply: Dedicated spare parts office supplying components for installed boiler systems.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
MACCHI product offering
Product offeringCore offering
MACCHI designs and manufactures industrial water-tube boilers (TITAN M, MVF, MRD), heat recovery steam generators (HRSG) for cogenerative cycles, and waste heat boilers (WHB) for industrial process heat recovery, primarily serving the oil & gas, refining, petrochemical, and power generation sectors. The company also provides the proprietary MACCHI ABS control and predictive maintenance module applicable to its own or third-party steam generators, alongside dedicated after-sales service, maintenance, and spare parts for its global installed base.
Product overview
MACCHI, a division of Sofinter S.p.A., is a leading manufacturer of industrial and heat recovery boilers. The product portfolio includes water-tube auxiliary boilers (TITAN M), standard industrial boilers (MVF, MRD), and specialized heat recovery systems (HRSG for cogenerative cycles and WHB for industrial processes). The company also offers MACCHI ABS (Advanced Boiler Systems), an add-on control module that enhances any boiler's performance through proprietary algorithms for efficiency optimization and predictive maintenance. All products serve the oil & gas, petrochemical, and power generation industries with global installations across 50+ countries.
Differentiator
Problem solved
Functional benefit
Brands
- TITAN M: Industrial boiler product line
- MVF
- MRD
- MACCHI ABS
- HRSG
- WHB
Products and services
- TITAN M Industrial water-tube auxiliary boiler with high steam production capacity, available in Plug & Play modular pre-assembled configuration for optimized installation. Designed for refineries, petrochemical plants, and large industrial steam consumers.
- MVF Industrial boiler product line in the MACCHI portfolio.
- MRD Industrial boiler product line in the MACCHI portfolio.
- HRSG (Heat Recovery Steam Generators) Heat recovery boilers for cogenerative cycles, designed to recover waste heat from gas turbine or engine exhaust to produce steam for combined-cycle power generation.
- WHB (Waste Heat Boiler) Heat recovery boilers for industrial process applications, recovering waste heat from various industrial processes for reuse as process steam.
- MACCHI ABS (Advanced Boiler Systems) Advanced boiler control system based on proprietary mathematical algorithms that improves operational efficiency, reduces pollutant emissions, and enables predictive maintenance. Sold as a standalone offering and applicable to new or existing steam generators of any brand and type.
- After-Sales Service, Maintenance, and Spare Parts Dedicated service activities (UFFICIO SERVICE) and spare parts office (UFFICIO SPARE PARTS) supporting steam production plants of all types, leveraging MACCHI's global installed base.
Quantifiable outcome
- Ultra-low NOx emissions down to single-digit ppm achieved with 45 MWTH full-scale burner testing
- +2 more outcomes
Companies that use MACCHI
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles2 records
MACCHI technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
MACCHI partnerships and signals
Strategic signalScale indicators11 records
Recent moves12 records
Expansion highlights5 records
MACCHI competitors and assessment
Company assessmentBroad incumbents
- Andritz: Austrian industrial group with significant boiler and power-generation equipment exposure, including biomass and recovery boilers. Competes with MACCHI in industrial steam generation and waste-to-energy applications globally.
- Sumitomo Heavy Industries: Japanese diversified industrial OEM with significant boiler, HRSG, and steam-system capabilities serving Asian and Middle Eastern refining and power customers. A broad incumbent competitor with adjacent technology stack.
- Mitsubishi Power: Global incumbent in utility steam generation, HRSG, and turbine islands for combined-cycle plants. Competes with MACCHI in the largest integrated power and process steam projects, with broader scope and balance sheet.
- Babcock & Wilcox: Long-established U.S. industrial boiler OEM with broad portfolio spanning utility, industrial, and environmental systems. A traditional direct competitor to MACCHI in industrial water-tube and heat-recovery boilers.
Direct peers
- Ansaldo Energia: Italian-headquartered power generation OEM with HRSG and steam turbine capabilities serving combined-cycle plants globally. Closely comparable to MACCHI's HRSG/wholesale steam-generation business, especially in Mediterranean and Middle Eastern markets.
- ITEA: Sofinter Group subsidiary offering ISOTHERM Pwr flameless oxy-combustion technology. Comparable as a sister industrial combustion technology provider with overlapping R&D capabilities and customer base in industrial process heat.
- AC Boilers: Sister company of MACCHI within Sofinter Group (same parent), focused on utility boilers, HRSG for power generation, and waste-to-energy applications. Closely comparable product portfolio with adjacent segment focus (power vs. oil & gas).
- Thermax: Indian industrial boiler and heat-transfer equipment manufacturer with global installations in refining, petrochemical, and process industries. Closely comparable in product scope (water-tube boilers, HRSG, heat exchangers) and export-driven business model.
- Alfa Laval: Global leader in heat transfer, separation, and fluid handling — competing with MACCHI's WHB and heat-recovery product lines in petrochemical, refinery, and power applications.
- NEM Energy Group: HRSG specialist within the Mutares portfolio (post-2024 acquisition), explicitly cited by Mutares as a synergy target with Sofinter/MACCHI. Directly comparable in HRSG scope and target customers (combined-cycle power plants).
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
MACCHI social profiles
Digital presenceMACCHI compliance and trust
Trust signalCompliance1 record
MACCHI financial estimates
Financial estimateRevenue estimate
Valuation estimate
MACCHI leadership team
Management profileNumber of profiles
Profiles1 record
MACCHI subsidiaries and ownership
Company hierarchySubsidiaries1 record
MACCHI funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MACCHI 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 MACCHI
What does MACCHI do?
MACCHI designs and manufactures industrial water-tube boilers (TITAN M, MVF, MRD), heat recovery steam generators (HRSG) for cogenerative cycles, and waste heat boilers (WHB) for industrial process heat recovery, primarily serving the oil & gas, refining, petrochemical, and power generation sectors. The company also provides the proprietary MACCHI ABS control and predictive maintenance module applicable to its own or third-party steam generators, alongside dedicated after-sales service, maintenance, and spare parts for its global installed base.
Is MACCHI a public or private company?
MACCHI is a private company. It is classified as private equity controlled and is currently operating.
When was MACCHI founded?
MACCHI was founded in 1960. It employs 101 to 250 people.
Where is MACCHI based?
MACCHI is headquartered in Gallarate, Italy, in the Europe region.
How does MACCHI make money?
Three revenue lines are on record. Industrial Boiler Manufacturing is the primary driver. The others are after-Sales Service and Maintenance and spare Parts Supply.
Who are MACCHI's main competitors?
Broad incumbents on record are Andritz, Sumitomo Heavy Industries, Mitsubishi Power and Babcock & Wilcox. Direct peers are Ansaldo Energia, ITEA, AC Boilers, Thermax, Alfa Laval and NEM Energy Group.
Does MACCHI have an API?
No public API is recorded for MACCHI.
What industry is MACCHI in?
MACCHI's product category is Industrial Boilers. Its primary akta.pro industry code is IMAHAFAF, Industrial Boilers, HRSGs & Steam Generators, with a secondary code of IMAHAEAC, Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers). Its NAICS code is 33241 and its SIC code is 3443.