ICI Caldaie

What ICI Caldaie does

ICI Caldaie S.p.A. is an Italian industrial boiler and thermal systems manufacturer founded in 1958 and headquartered in Campagnola di Zevio, Verona. The company designs, produces, and services a comprehensive portfolio of industrial and commercial thermal equipment, including steam boilers, hot water boilers, superheated water boilers, heat recovery boilers, diathermic oil boilers, and condensing boilers, complemented by modulating burners and thermal power plant components. Its flagship EVOSTEAM product is a new-generation three-pass flue gas steam generator aimed at modern industrial plants. The company operates with 101-250 employees and a registered share capital of €500,000 under the private joint-stock company structure.

The business model is a direct enterprise field-sales motion targeting industrial and commercial customers across verticals including manufacturing (primary), food and beverage, chemical and pharmaceutical, healthcare and hospitality, oil and gas, district heating, water treatment, and residential. Revenue streams include one-time hardware sales (industrial boilers, commercial boilers, burners, and components), turnkey thermal power plant EPC (engineering, procurement, and construction) projects, managed industrial generator rentals, and recurring post-sale services via Service Level Agreements covering maintenance, testing, and spare parts. Pricing is quote-based and not publicly disclosed. Distribution is handled through a direct enterprise sales force with global geographic scope, supported by a multilingual (Italian, English, French, Russian, Spanish) corporate website and presence at industry events such as KEY Energy.

The company's strategic posture is increasingly oriented toward decarbonization and the energy transition, evidenced by participation in four European/national research consortia — BIONICO (hydrogen from biogas), BE-MARS (biogas membrane-assisted reforming under PNRR), CO2FOKUS (industrial CO2 recycling under Horizon2020), and MACBETH (Horizon2020) — alongside university and research-center partnerships. Leadership is headed by CEO Alberto Zerbinato. The firm has no disclosed AI/ML capabilities, no funding rounds, no M&A activity, and no recent leadership changes documented in the source material.

Name

ICI Caldaie

Legal name

ICI Caldaie S.p.A.

Website

https://icicaldaie.com

Company type

Private

Founded year

1958

Operating status

Operating

Headcount range

101–250 employees

Short description

ICI Caldaie is an Italian industrial and commercial boiler manufacturer (founded 1958) that designs, produces, and services steam boilers, hot water boilers, thermal oil boilers, recovery boilers, and condensing boilers, plus turnkey thermal plant EPC and SLA-based after-sales services for enterprise customers across manufacturing, food, chemical, healthcare, and district heating verticals.

Ownership category

akta.pro rank

Product category

Industrial Boiler Manufacturing

NAICS

Heating Equipment (except Warm Air Furnaces) Manufacturing (333414), Power Boiler and Heat Exchanger Manufacturing (33241)

SIC

Heating Equipment, Except Electric & Warm Air Furnaces (3433)

akta.pro primary industry

Boilers, Furnaces & Process Heating Equipment (IMAHAKAD)

akta.pro secondary industries

Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers) (IMAHAEAC), Chillers, Boilers & Central Plant Operations (BPABACAG), Boiler Installation & Replacement (HSAOACAC)

Keywords

• Industrial boilers
• Steam generators
• Thermal energy systems
• Heat recovery boilers
• Commercial condensing boilers

Headquarters

HQ city

Zevio

HQ country

Italy

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

Revenue model

1. Industrial Boiler Sales: Sale of industrial boilers including steam boilers, hot water boilers, superheated water boilers, recovery boilers, and diathermic oil boilers
2. Commercial Boiler Sales: Sale of commercial heating solutions including condensation boilers and standard hot water boilers
3. Burners and Components: Sales of modulating burners and thermal power plant components/accessories
4. Turnkey Solutions: Design and construction of complete turnkey thermal power plants
5. Industrial Generator Rental: Rental of industrial generators as part of pre-sale services
6. After-Sales Services: Post-sale services including maintenance, testing requests, spare parts, and Service Level Agreements

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

ICI Caldaie designs, manufactures, and services industrial and commercial boiler systems, including steam boilers, hot water boilers, superheated water boilers, recovery boilers, diathermic oil boilers, and condensing boilers, alongside modulating burners and thermal power plant components and accessories. The company offers turnkey thermal power plant design and construction, industrial generator rentals, and post-sale services such as Service Level Agreements, maintenance, testing, and spare parts, serving customers in manufacturing, food and beverage, chemicals, pharmaceuticals, healthcare, water treatment, district heating, oil and gas, steel, and residential sectors.

Product overview

ICI Caldaie is an Italian industrial boiler and thermal solutions manufacturer operating under the brand 'ICI Powering Evolution'. The company produces a comprehensive portfolio of industrial and commercial thermal systems, including steam boilers, hot water boilers, superheated water boilers, heat recovery boilers, and thermal oil boilers. Their commercial solutions include condensing and non-condensing boilers. The product lineup is complemented by modulating burners, thermal power plant components, and boiler accessories. Services include turnkey solutions, industrial generator rental, and post-sale service level agreements. The flagship product EVOSTEAM is a new three-pass steam generator designed for modern industrial applications.

Differentiator

Problem solved

Functional benefit

Brands

• Evosteam: New three-pass steam generator designed for the needs of modern industrial plants.
• Be-Mars
• BIONICO
• CO2FOKUS
• MACBETH

Products and services

• Caldaie a vapore (Steam Boilers) Industrial steam boilers for various industrial applications.
• Caldaie ad Acqua Calda (Hot Water Boilers) Industrial hot water boilers for heating applications.
• Caldaie ad Acqua Surriscaldata (Superheated Water Boilers) Industrial superheated water boilers for high-temperature applications.
• Caldaie a Recupero (Recovery Boilers) Heat recovery boilers that capture and reuse waste heat from industrial processes.
• Caldaie ad Olio Diatermico (Thermal Oil Boilers) Industrial thermal oil heating systems for high-temperature processes.
• Caldaie a Condensazione (Condensing Boilers) Commercial condensing boilers for high efficiency heating.
• Caldaie per Acqua Calda Commerciali (Commercial Hot Water Boilers) Commercial hot water boilers for non-condensing applications.
• EVOSTEAM Three-Pass Steam Generator A three-pass smoke gas steam generator designed for modern industrial plant needs, representing a new generation product from ICI Powering Evolution.
• Soluzioni Chiavi in Mano (Turnkey Thermal Plant Solutions) Complete turnkey thermal plant design and implementation services covering pre-sale engineering and construction.
• Noleggio Generatore Industriale (Industrial Generator Rental) Rental services for industrial thermal generators, offered as part of pre-sale customer support.
• Service Level Agreement (SLA) Post-sale service contract offering scheduled maintenance and support for ICI Caldaie boiler systems.

Named customers2 records

Segments8 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

Two partnerships are on record, tiered core.

• Universities and Research CenterscoreStrategic or Co-development PartnerICI Caldaie partners with universities and research centers to develop new cleaner and more accessible technologies for decarbonization. They participate in European research projects including BE-MARS (PNRR funded), BIONICO (hydrogen production), CO2FOKUS (CO2 recycling under Horizon2020), and MACBETH (Horizon2020 research program).
• PNRR (Italian National Recovery and Resilience Plan)coreOthersBE-MARS (Biogas Electrically-Managed Membrane Assisted Reforming System) project funded under the PNRR, focused on developing biogas membrane-assisted reforming technology.

Scale indicators1 record

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Bosch Thermotechnology: Bosch's heating and hot-water division manufactures industrial and commercial boilers, burners, and thermal systems across global markets. It directly competes with ICI Caldaie in industrial steam and hot water boilers but operates at vastly greater scale and geographic reach.
• BDR Thermea Group: European-based group producing heating and hot water solutions under multiple brands (Baxi, De Dietrich, Remeha). BDR Thermea competes with ICI Caldaie across commercial condensing boilers and industrial heating, with significantly broader brand portfolio.
• Babcock & Wilcox: Global supplier of steam generation and heat transfer equipment for industrial and utility markets. B&W competes with ICI Caldaie in larger-scale steam boilers and recovery boilers, particularly in industrial process applications.
• Mitsubishi Power Europe: Mitsubishi Power supplies industrial steam boilers, heat exchangers, and hydrogen/clean-energy thermal solutions. It overlaps with ICI Caldaie's industrial boiler business and increasingly with its energy-transition R&D focus.

Direct peers

• Riello Burners: Italian manufacturer of burners and complete boiler systems for industrial and commercial applications. Riello is a direct Italian-headquartered competitor with overlapping product lines in burners, steam boilers, and hot water boilers.
• Weishaupt: German manufacturer of burners, boilers, and heat pumps for industrial and commercial applications. Weishaupt is a direct competitor in modulating burners and industrial boiler systems serving similar European customers.
• Viessmann: German manufacturer of industrial and commercial heating systems including boilers, heat exchangers, and steam generators. Viessmann is a direct competitor to ICI Caldaie in the European industrial and commercial boiler market with comparable product breadth.
• Clayton Industries: European-headquartered manufacturer of industrial steam generators and thermal equipment. Clayton Industries is a focused peer to ICI Caldaie's EVOSTEAM and steam boiler product lines serving similar industrial customers.
• Ferroli: Italian-based manufacturer of boilers and heating systems with both residential and industrial offerings. Ferroli competes with ICI Caldaie in commercial condensing boilers and industrial thermal solutions, especially across Southern Europe.
• Baltur: Italian manufacturer of burners, boilers, and thermal equipment serving industrial and commercial customers. Baltur is a closely comparable peer in geography, product range, and customer base to ICI Caldaie.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/user/Icicaldaieonline
• LinkedInit.linkedin.com/company/ici-caldaie

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 ICI Caldaie