Cointra

What Cointra does

Cointra is a Spanish manufacturer and distributor of residential heating and domestic hot water equipment, founded in 1953 and operating today as a brand within Grupo Ferroli (legal entity FERROLI ESPAÑA, S.L.). The portfolio spans gas water heaters (sealed-chamber and atmospheric lines CETI, CPE T, CADI, CAMI), electric storage water heaters (TDD Plus, TDG Plus, TDF Plus, TBL Plus, TNC Plus), an instant electric model (MITO SLVP), the Oasis Tech aerothermal heat pump range, the hydrogen-ready Superlative Supra condensing gas boiler, electric radiators (Cosmos WiFi, Siena, Teide), aluminum radiators (Orion, Orion HP) manufactured at the Burgos factory — described as the largest aluminum radiator facility in Spain — and biomass pellet stoves (Cesena, Garda, Mensa). The company's technical differentiation rests on proprietary control technologies: Inverter modulation (up to 1:8 ratio, ~25% gas savings, ~35% water savings), Combustion Smart for gas/air optimization, Blue Forever antiscale coating, Cool System low-NOx burner, Capsense Touch sensing, and Hydrogen Plug-in compatibility with gas-hydrogen blends up to 20%, backed by ISO 9001/14001/45001, CE, and EN 442 certifications.

The business is structurally a hardware OEM selling physical heating and hot water appliances. Cointra does not transact direct-to-consumer e-commerce; revenue flows through three layered channels — a registered professional installer network (with exclusive promotions, installation bonuses, and the Cointra Premium app), an Official Technical Service (SAT) handling commissioning, warranty, spares, and maintenance, and wholesale distributors feeding installers across Spain. End-customers are residential homeowners and households; the proximate buyer is the certified installer specifying the product on their behalf. Consumer-side IoT is delivered via the Cointra Home app (heat pumps, cascade control up to 8 units, weekly programming, energy monitoring), the Cointra Electric app (up to 98 radiators, 30-minute programming, Amazon Alexa integration), and Connect Smart WiFi cronocomando (remote boiler control). Geographic reach is anchored in Spain with export into more than 35 countries across five continents via local distribution partners. Cointra employs 251–500 people across its Coslada headquarters and Burgos manufacturing site, and revenue is not publicly disclosed as the entity is a privately held subsidiary inside Grupo Ferroli.

Name

Cointra

Legal name

FERROLI ESPAÑA, S.L.

Website

https://cointra.es

Company type

Private

Founded year

1953

Operating status

Operating

Headcount range

251–500 employees

Short description

Cointra manufactures and distributes residential heating and domestic hot water equipment — gas heaters, electric water heaters, heat pumps, condensing boilers, pellet stoves, and aluminum radiators — through a professional installer and official service channel in Spain and 35+ export markets, operating as a brand within Grupo Ferroli.

Ownership category

akta.pro rank

Product category

Domestic Heating & Hot Water Equipment

NAICS

Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Power Boiler and Heat Exchanger Manufacturing (332410), Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant Wholesalers (42373)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Heating Equipment, Except Electric & Warm Air Furnaces (3433), Wholesale-Hardware & Plumbing & Heating Equipment & Supplies (5070)

akta.pro primary industry

Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers) (IMAHAEAC)

akta.pro secondary industries

Heat Exchangers, Coils & Hydronic HVAC Components (IMADANAF), Heat Exchangers & Thermal Transfer Equipment (IMAHAKAC)

Keywords

• Gas water heaters
• Domestic heating equipment
• Gas condensing boilers
• Electric water heaters
• Aluminum radiators

Headquarters

HQ city

Coslada

HQ country

Spain

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Heating Equipment Sales: Cointra generates revenue through the sale of physical heating and hot water equipment including gas heaters, electric water heaters, heat pumps, gas boilers, electric radiators, pellet stoves, and aluminum radiators. Products are sold through professional installers, official service network, and direct consumer inquiries.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core offering

Cointra manufactures and distributes a comprehensive range of residential heating and domestic hot water equipment, including gas water heaters, electric water heaters/storage tanks, aerothermal heat pumps, gas condensing boilers, electric radiators, pellet stoves, and aluminum radiators. Products are manufactured in Spain at facilities in Coslada (offices) and Burgos (manufacturing, including the country's largest aluminum radiator plant) and sold primarily through a network of professional installers, the official service network, and wholesale distributors in more than 35 countries.

Product overview

Cointra offers a comprehensive portfolio of domestic hot water and heating equipment, including gas water heaters (CETI, CPE T, CADI, CAMI), electric water heaters/thermos (TDD Plus, TDG Plus, TDF Plus, TBL Plus, TNC Plus), aerothermal heat pumps (Oasis Tech), gas condensing boilers (Superlative Supra), electric radiators (Cosmos WiFi, Siena, Teide), pellet stoves (Cesena, Garda, Mensa), aluminum radiators (Orion, Orion HP), and instant electric water heaters (MITO SLVP). The product range covers the complete spectrum of residential water heating and space heating needs, from traditional gas-fired solutions to renewable energy-based heat pump technology.

Differentiator

Problem solved

Functional benefit

Products and services

• CETI Gas Water Heater

Quantifiable outcome

• Up to 80% energy savings with Oasis Tech aerothermy heat pumps
• +5 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature9 records

Partnerships

One partnership is on record.

• Grupo FerrolicoreStrategic or Co-development PartnerCointra is part of Grupo Ferroli, which has enabled a complete renewal of its product range. Through Ferroli's R&D centers and production in its own factories with advanced technology, Cointra has strengthened its market position.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Vaillant: Major European heating incumbent (parent of Saunier Duval, Protherm, awadukt). Competes across all of Cointra's product categories with greater geographic reach and a deeper installer financing toolbox.
• Bosch Thermotechnology: Global HVAC manufacturer (parent of Junkers, Buderus). Competes in all of Cointra's categories with far greater R&D scale, IoT integration, and pan-European service infrastructure.
• Viessmann: Premium European HVAC manufacturer competing in condensing boilers and heat pumps. Comparable in technology focus (condensing, modulation, low-NOx) but at a higher price tier than Cointra.
• Ferroli: Parent group of Cointra and a broader European HVAC incumbent. Shares products, R&D, and manufacturing capacity; competes with Cointra in adjacent categories and is the natural reference point for Cointra's broader portfolio strategy.

Direct peers

• Baxi (BDR Thermea Group): European residential heating brand with strong presence in Spain. Competes in gas boilers, heat pumps, and water heaters through professional installer networks — a near-identical GTM motion to Cointra.
• Roca (Roca Sanitario): Spanish-headquartered bath and water-heating company with overlapping products (gas water heaters, electric storage, heat pumps) sold through similar installer/specifier channels in Iberia and LatAm.
• Saunier Duval (Vaillant Group): Direct Spanish competitor in residential gas boilers, water heaters, and heat pumps. Operates the same installer channel model in Spain and overlaps almost entirely with Cointra's product categories and customer segments.
• Junkers Bosch: Bosch's residential heating brand in Spain and Iberia. Competes head-to-head in gas condensing boilers, water heaters, and heat pumps, with similar B2B installer-led distribution.
• Ariston Group: Global residential heating and hot water specialist competing directly in condensing gas boilers, electric water heaters, and heat pumps, with strong Mediterranean and Iberian market overlap.

Emerging players

• Daikin: Heat-pump-first manufacturer rapidly entering the European residential heating market. An emerging threat to Cointra's aerothermal expansion as Daikin pushes Altherma into Spanish installer channels.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/cointraesp
• YouTubeyoutube.com/@cointra_es
• Facebookfacebook.com/cointra.es
• LinkedInlinkedin.com/company/cointra
• Instagraminstagram.com/cointra_es

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 Cointra