What Frico does

Frico is a privately held Swedish manufacturer of climate control and heating equipment, founded in 1932 and headquartered in Sävedalen, Sweden, with manufacturing and R&D operations in Skinnskatteberg. The company produces air curtains, fan heaters (electric and water-heated), radiant heaters (including infrared panel and patio heaters), industrial ceiling fans, fan convectors, and intelligent control systems. Its proprietary Thermozone technology optimizes airflow geometry in air curtains, and the EC fan technology enables stepless, low-noise operation. The FC Control System is a four-tier platform (FC Direct, FC Smart, FC Pro, FC Building) that adds door contact logic, calendar functions, zone management, app control via Bluetooth, and Modbus/BMS integration across product lines. The facility operates to ISO 9001/14001 standards and houses one of Europe's most advanced air and sound laboratories.

Frico sells primarily to B2B enterprise customers — commercial and industrial buildings, warehouses, hospitality venues, and architectural projects — with a secondary presence in residential heating. The go-to-market combines a direct export team for international enterprise customers with a global distributor network spanning 70+ countries, supplemented by a customer portal for spare parts. Pricing is quote-based with no public disclosure, and the company chairs the air curtain group at Eurovent, the European HVAC industry body. The product portfolio emphasizes energy efficiency, with claimed outcomes of up to 80% reduction in energy losses at doorways, up to 30% heating cost reduction via ceiling fan destratification, and 30-40% faster room heating with the PF Smart fan convector. Smart home integrations include io-homecontrol and Tuya/Smart Life for select patio heater models, signaling incremental consumer-channel ambition alongside the core B2B business.

Name

Frico

Legal name

Frico

Website

https://frico.net

Company type

Private

Founded year

1932

Operating status

Operating

Headcount range

101–250 employees

Short description

Frico is a Swedish manufacturer of air curtains, fan heaters, radiant heaters, ceiling fans, and intelligent control systems, serving commercial, industrial, and residential customers in over 70 countries through a global distributor and direct export network.

Ownership category

akta.pro rank

Product category

HVAC Equipment

NAICS

Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Industrial and Commercial Fan and Blower and Air Purification Equipment Manufacturing (333413), Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Industrial & Commercial Fans & Blowers & Air Purifing Equip (3564), Electric Housewares & Fans (3634)

akta.pro primary industry

Chillers & Cooling Plant Equipment (IMAHAKAE)

akta.pro secondary industry

Refrigeration Components & Controls (Compressors, Valves, Sensors) (IMAHAKAH)

Keywords

• Air curtain systems
• Industrial heating equipment
• Infrared patio heaters
• HVAC control systems
• Fan heaters and convectors

Headquarters

HQ city

Sävedalen

HQ country

Sweden

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. HVAC Equipment Sales: Frico generates revenue primarily through the sale of heating, ventilation, and air treatment equipment including air curtains, fan heaters, infrared panel heaters, patio heaters, ceiling fans, and convectors. Products are sold as hardware with various control system options.
2. Spare Parts and Accessories: Revenue generated through the Frico Customer Portal for spare parts to products, as well as accessories such as controls, mounting brackets, downrods, fan blades, valve systems, and water connection kits.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Frico manufactures and sells air curtains (powered by its proprietary Thermozone Technology), fan heaters/coolers, radiant heaters, infrared panel heaters, infrared patio heaters, industrial ceiling fans, and smart fan convectors for commercial, industrial, and residential climate control. The offering is complemented by the FC Control System platform (FC Direct, FC Smart, FC Pro, FC Building) that enables smart automation, Modbus/BMS integration, and app-based control, with spare parts and accessories sold through the Frico Customer Portal. Products are developed and manufactured in Sweden to ISO 9001/14001 standards and distributed through a global distributor network and direct export sales.

Product overview

Frico is a Swedish company (founded 1932) offering a comprehensive portfolio of climate control and heating solutions centered around air curtains, fan heaters, and radiant heaters. The product range is organized into three main categories: Air Curtains (featuring proprietary Thermozone Technology for optimized air barrier performance), Fan Heaters/Coolers (portable, wall-mounted, ceiling-mounted options in electric and water variants), and Radiant Heaters (including infrared panel heaters for indoor use and infrared patio heaters for outdoor environments). These core products are complemented by the FC Control System platform with four tiers (FC Direct, FC Smart, FC Pro, FC Building) providing intelligent automation and BMS integration. Individual product lines include specialized variants like the PF Smart fan convector, ICF industrial ceiling fan, and various patio heater models (IH, IHC, Infracalm, Relax Glass, Term, Infraflex). The company emphasizes energy efficiency, low noise operation, and smart control capabilities across its entire portfolio.

Differentiator

Problem solved

Functional benefit

Brands

• Thermozone: Proprietary air curtain technology that optimizes air separation performance with low sound levels, creating comfortable climate and energy savings. The technology creates a highly uniform air barrier with perfect balance between air volume and air velocity.

Products and services

• Air Curtains Energy-efficient air barrier units that create an invisible separation between different temperature zones at entrances and doorways, preventing cold/hot air infiltration while allowing free passage of people and vehicles. Built on proprietary Thermozone Technology.
• Fan Heaters/Coolers Comprehensive range of portable, wall-mounted, and ceiling-mounted fan heaters in electrical heat and water heat variants, known for reliability, long lifespan, and low noise levels. Designed for warehouses, drying rooms, construction sites, mines, sports centres, shops, animal sheds, and boats.
• Champ Fan Heater Intelligent stationary fan heater with water heating connection, featuring EC fans for stepless control, smart FC integration, low sound levels, and energy-efficient operation with residual heat recovery.
• Radiant Heaters Versatile radiant heating solutions including electric and water-heated models for spot and zone heating in offices, shops, industrial premises, and outdoor environments.
• Infrared Panel Heaters Silent radiant heaters that heat people and surfaces directly without heating air, offering zone and spot heating with no air movement or particle dispersion.
• Infrared Patio Heaters Outdoor radiant heaters that emit infrared rays to heat people and surfaces directly, extending outdoor comfort seasons across various models for different environments and heat requirements.
• ICF Industrial Ceiling Fan High-efficiency maintenance-free ceiling fan that equalizes temperature in high-ceiling premises by pushing warm air from the ceiling down to occupied zones without draughts, reducing heating costs by up to 30%.
• PF Smart Fan Convector Smart fan convector for fast and efficient electric heating with intuitive control panel, app/web browser remote control, and weekly programming. Heats rooms 30-40% faster than conventional radiators with 10% lower energy consumption.
• FC Control System Intelligent control platform with four tiers (FC Direct, FC Smart, FC Pro, FC Building) enabling smart and automated functions for air curtains, fan heaters, radiant heaters, and convectors. Supports app control (iOS/Android), BMS integration via Modbus RTU (RS485), 0-10V, potential free contact, door contacts, zone management, and energy optimization.

Quantifiable outcome

• Up to 80% reduction in energy losses at open doors with correctly installed air curtains
• +5 more outcomes

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

Feature5 records

Partnerships

One partnership is on record.

• EuroventcoreStrategic or Co-development PartnerFrico is the initiator and holds the chair of the air curtain group at Eurovent, the European Committee for manufacturers of HVAC. This leadership position in the industry organization demonstrates Frico's expertise and influence in air curtain standards and specifications.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Veab Heat Tech: Swedish manufacturer of electric fan heaters, air curtains, and climate control equipment. Direct peer with similar product portfolio, Nordic origin, and target customer base in commercial and industrial buildings.
• Systemair: Swedish-listed HVAC and ventilation manufacturer offering air handling units, fans, and air distribution products. Direct peer in geographic origin, product category (commercial air movement and climate control), and channel (B2B specification sales across Europe).
• Dantherm Group: Danish climate and heating solutions provider for commercial, industrial, and mobile applications. Comparable as a Nordic-rooted climate-control specialist with a diversified product portfolio in heating, dehumidification, and air management.
• Trotec: German provider of climate control solutions including heating, dehumidification, air purification, and ventilation. Comparable mid-sized European specialist with overlapping product categories (electric heating, air handling) and international distribution.
• Vortice: Italian manufacturer of fans, air handling, and ventilation equipment for residential and commercial markets. Comparable in product mix (fans and air movement) and in operating as a European, privately held specialist serving B2B and specification channels.
• Biddle: Dutch air curtain specialist and one of the original European air curtain developers, serving retail, commercial, and industrial entrances. Closest direct peer to Frico's flagship air curtain business with comparable technology focus and specification-driven GTM.

Broad incumbents

• Daikin: Global HVAC market leader offering air conditioning, heating, ventilation, and refrigeration systems, including air curtains and applied HVAC. Broad incumbent competing with Frico in commercial air curtains and integrated climate solutions at global scale.
• Stiebel Eltron: German family-owned manufacturer of heating, hot water, and ventilation technology, including heat pumps, electric heating, and ventilation. Larger incumbent with significant overlap in electric heating and indoor climate, plus deeper heat-pump exposure.
• Mitsubishi Electric: Global HVAC and building systems conglomerate with full-range air conditioning, ventilation, and controls. Indirect competitor in commercial climate control and BMS integration but with vastly larger scale and broader portfolio than Frico.
• Glen Dimplex: Irish-headquartered global group producing electric heating, ventilation, and renewable energy solutions including Dimplex and Dimplex Commercial brands. Larger incumbent with overlapping product lines in electric heating and air curtains but operating across broader portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/fricosverige

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

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 Frico