Antonio Seveso

What Antonio Seveso does

Antonio Seveso S.p.A. is a privately held Italian manufacturer of custom industrial heat exchangers, founded in 1952 in Garbagnate Milanese and now headquartered in Turate (Como), with a registered office in Milan. The company designs and produces a portfolio of thermal-exchange products — including dry coolers (raffreddatori di liquido), heat exchanger coils (batterie di scambio termico), food and confectionery industry exchangers, remote condensers (standard and EC Technology variants), and industrial and cubic air coolers — using copper/aluminum, copper/copper, tin-plated copper, and stainless-steel material combinations, with anticorrosive treatments such as Heresite, Blygold, chemical nickel-plating, tin-plating, and electropolishing. Recent manufacturing capability investments include CEBI HI-TECH equipment enabling production of 6mm tube-diameter exchangers and TRUMPF TruePunch5000 punching and sheet-bending machines, partially co-financed by the EU's POR-FESR 2014-2020 program.

The company operates a business-to-business, engineered-to-order model with no publicly disclosed pricing: sales are conducted through direct customer engagement, a multilingual (Italian, English, German) website with downloadable product brochures, and a local German sales representative. End markets are diversified across HVAC/R (primary), cogeneration and thermal energy recovery, environmental simulation testing, and food and pharmaceutical processing, serving European industrial OEMs whose equipment is deployed in production processes worldwide. Ownership remains with the founding family, which transitioned to its third generation in 2022 alongside the firm's 70th anniversary. The firm is ISO 9001 certified (IISCERT) and is structured as an Italian joint-stock company (S.p.A.) with €624,000 paid-in share capital and a headcount of 11-50 employees.

Name

Antonio Seveso

Legal name

Antonio Seveso S.p.A.

Website

https://a-sevesospa.it

Company type

Private

Founded year

1952

Operating status

Operating

Headcount range

11–50 employees

Short description

Antonio Seveso S.p.A. is a privately held Italian manufacturer, founded in 1952, that designs and produces custom heat exchangers, dry coolers, remote condensers, and air coolers for European industrial OEMs across HVAC/R, food and pharma, cogeneration, and environmental simulation sectors.

Ownership category

akta.pro rank

Product category

Industrial Heat Exchanger Manufacturing

NAICS

Power Boiler and Heat Exchanger Manufacturing (332410), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Heating Equipment (except Warm Air Furnaces) Manufacturing (333414)

SIC

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

akta.pro primary industry

Heat Exchangers & Thermal Transfer Equipment (IMAHAKAC)

akta.pro secondary industry

Heat Exchangers, Coils & Hydronic HVAC Components (IMADANAF)

Keywords

• Industrial heat exchangers
• Custom heat exchanger manufacturing
• Remote condensers
• Dry coolers
• HVAC thermal components

Headquarters

HQ city

Lombardi

HQ country

Italy

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Heat Exchanger Manufacturing: Design, development and production of custom heat exchangers including batteries, condensers, air coolers, and dry coolers for industrial applications

Distribution channels1 record

Marketing channels3 records

Core offering

Antonio Seveso S.p.A. designs and manufactures custom-engineered heat exchangers and thermal-exchange equipment, including heat exchanger coils (batterie di scambio termico), liquid dry coolers, remote condensers (standard and EC Technology variants), industrial and cubic air coolers (aeroevaporatori), and specialized heat exchangers for the food and confectionery industry. Products are built using various material combinations (copper/aluminum, copper/copper, stainless steel) with multiple anticorrosive treatment options and are sold to European industrial OEM brands for use in HVAC/R, cogeneration, environmental simulation, and food/pharma processing applications.

Product overview

Antonio Seveso Spa is a heat exchanger manufacturer operating since 1952, producing a comprehensive portfolio of thermal exchange products. The product line centers on seven core offerings: Dry Coolers (Raffreddatori di liquido), Heat Exchangers (Batterie di scambio termico), Food Industry Heat Exchangers, Remote Condensers (standard and EC Technology variants), and two air cooler types (Industrial and Cubic). Products are built using various material combinations (copper/aluminum, copper/copper, tin-plated copper, stainless steel variants) with anticorrosive treatment options (Heresite, Blygold, chemical nickel-plating, tin-plating, electropolishing). The company serves cooling, heating, air conditioning, cogeneration, thermal recovery, environmental simulation, and food/pharma industry sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Batterie di scambio termico (Heat Exchanger Coils) Custom-designed heat exchanger coils for refrigeration, heating, air conditioning, cogeneration, and thermal recovery applications, available in multiple material combinations (copper/aluminum, copper/copper, stainless steel) and anticorrosive treatments.
• Raffreddatori di liquido (Dry Coolers)

Named customers1 record

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• TRUMPFcoreTechnology or IntegrationTRUMPF is confirmed as strategic supplier for new punching and bending machines. Antonio Seveso Spa uses TRUMPF TruePunch 5000 and sheet metal bending machines for their metalworking department, enhancing production capabilities.
• CEBIcoreTechnology or IntegrationCEBI HI-TECH machines are used for the assembly of finned coil packages. With these new machines, Antonio Seveso Spa began production of heat exchangers with 6mm tube diameters, expanding their manufacturing capabilities.
• Achim Krischer (Dipl.-Ing.)minorChannel Partner/ Reseller/ DistributorGerman sales representative and partner located in Wipperfürth, Germany. Provides local sales and support for German market customers.
• POR-FESR 2014-2020minorOthersEuropean Regional Development Fund (POR-FESR 2014-2020) provided support for the investment in new CEBI HI-TECH machines for 6mm tube diameter heat exchanger production.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• SPX Cooling / SPX Heat Transfer: SPX Cooling Technologies (and the related SPX Heat Transfer business) manufactures air-cooled heat exchangers, dry coolers, and industrial cooling equipment. It directly competes with Antonio Seveso in dry coolers and air coolers for industrial applications.
• LU-VE Group: LU-VE Group is an Italian-headquartered manufacturer of heat exchangers, evaporators, condensers, and dry coolers for refrigeration, HVAC, and industrial applications. It is one of the closest direct competitors to Antonio Seveso, operating a similar product portfolio with broader scale and public listing on Borsa Italiana.
• Tranter (part of API Heat Transfer): Tranter manufactures plate heat exchangers used in HVAC, refrigeration, district heating, and industrial processes. It is a direct peer in heat exchanger manufacturing, focused on European industrial OEMs and similar application segments.
• SWEP (Dover Corporation): SWEP, part of Dover Corporation, is a leading manufacturer of brazed plate heat exchangers used in HVAC, refrigeration, and district heating. It is a direct peer in industrial heat transfer products with global reach and a similar B2B OEM sales motion.
• FUNKE Wärmeaustauscher: FUNKE is a German manufacturer specializing in plate heat exchangers and related thermal transfer equipment for HVAC, refrigeration, and industrial process applications. As another specialized European heat exchanger manufacturer of similar size, it is a strong direct peer comparison.
• Kelvion: Kelvion (formerly GEA Heat Exchangers) manufactures a comprehensive range of heat exchangers including plate, shell-and-tube, finned coil, and air-cooled units for HVAC, refrigeration, and industrial applications. It is a direct peer in product category, serving similar European industrial OEMs.
• API Heat Transfer: API Heat Transfer manufactures compact heat exchangers, shell-and-tube units, and air-cooled coolers for industrial and HVAC applications. It is a direct peer in custom-engineered heat exchanger manufacturing, serving similar industrial OEM customers.

Broad incumbents

• Alfa Laval: Alfa Laval is a Swedish multinational industrial group with a leading heat transfer product line including plate, brazed, and gasketed heat exchangers. It serves HVAC, refrigeration, and industrial process markets, making it a broad incumbent competitor with overlapping customer base but vastly larger scale.
• GEA Group: GEA is a large German industrial group with a heat exchanger division serving HVAC, refrigeration, and food/dairy processing industries. It is a broad incumbent that overlaps with Antonio Seveso's HVAC/R and food industry focus but at much greater scale.

Emerging players

• Reflex Winkelmann: Reflex Winkelmann is a German specialist in heat exchangers, expansion vessels, and efficient heating technology for HVAC and building services. It is an adjacent/emerging player with partial overlap in industrial heat exchange and HVAC component manufacturing.

Market position

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/antonio-seveso-spa

Compliance1 record

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 Antonio Seveso