What Refrisat does

Refrisat (legal name Santana Refrigeração e Instrumentação Ltda.) designs, manufactures and services industrial thermal control equipment — primarily chillers, dry coolers, heat exchangers, thermoregulators and precision air conditioners — for process and mission-critical applications across Latin America. The company's portfolio spans the SAT Touch flagship chiller, the COMPACT RM unit purpose-built for MRI and diagnostic imaging, the ECOSAT sustainable line using R-290 natural refrigerant, the Screw Chiller high-capacity family, the Dry Cooler ECOSAT closed-circuit tower, and the Climatizador de Precisão for data centers. Underlying technology is built around the vapor compression refrigeration cycle (compressor, condenser, expansion valve, evaporator) augmented by proprietary electronic expansion valves, inverter compressors, and the cloud-based Sistema Infinity monitoring platform for predictive maintenance and remote diagnostics. Refrisat operates an in-house automation development laboratory — described as unique in Brazil's thermal control sector — that enables fully customized solutions.

The company generates revenue through equipment sales, equipment rental, preventive and corrective maintenance plans (24-hour service), technical assistance and spare parts, and customized HVAC projects. Pricing is quote-based and not publicly disclosed, with a transactional e-commerce channel limited to the Budget Line mini chiller. Go-to-market is primarily enterprise field sales with representatives and technicians throughout Latin America, supplemented by regional channel partners (e.g., Bettoni in southern Brazil) and a heavy trade-show presence across plastics, medical imaging, HVAC-R and metal-mechanical events. The customer base is diversified across medical/hospital (Hospital Albert Einstein, Sírio-Libanês, Beneficência Portuguesa, HCor, Prevent Senior, Hospital 9 de Julho, Unimed, Sabin), food and beverage and packaging (Heineken, M. Dias Branco, Tetra Pak, Ball, Dori, Indaiá, Ypê, BEMIS), metal-mechanical and automotive (WHB, ROMI, B. GROB). Founded in 1976 by a Portuguese family that emigrated from South Africa, headquartered in Guarulhos in the São Paulo metropolitan region since 1994, ISO 9001-2008 certified, and acquired in 2019 by HBR Holding — a diversified industrial conglomerate (HBR, Oceânica, Tegris, ENER, Fieldlink, Air Delivery) — Refrisat also participates in a 2022 HBR-Frigel joint venture aimed at consolidating Latin American thermal control leadership.

Name

Refrisat

Legal name

Santana Refrigeração e Instrumentação Ltda.

Website

https://refrisat.com.br

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

51–100 employees

Short description

Refrisat designs, manufactures and services industrial thermal control equipment — chillers, dry coolers, heat exchangers and precision air conditioners — serving medical imaging, plastics, metal-mechanical, data center and food-and-beverage customers across Latin America. Founded 1976, owned by HBR Holding since 2019.

Ownership category

akta.pro rank

Product category

Industrial Thermal Control Equipment

NAICS

Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512), Pump and Compressor Manufacturing (33391), Refrigeration Equipment and Supplies Merchant Wholesalers (423740)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Refrigeration & Service Industry Machinery (3580), Steam & Air-Conditioning Supply (4961)

akta.pro primary industry

Commercial & Industrial Refrigeration Systems (IMAHAKAA)

akta.pro secondary industries

Chillers & Cooling Plant Equipment (IMAHAKAE), Cold Chain & Temperature-Controlled Storage Equipment (IMAHAKAJ), Preventive Maintenance Programs for Refrigeration Systems (HSAOAJAL), Compressors, Refrigeration Components & Condensing Units (IMADANAG)

Keywords

• Industrial chillers
• Thermal control systems
• Process cooling equipment
• Heat exchangers
• HVAC manufacturing

Headquarters

HQ city

Guarulhos

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Equipment Sales (Chillers and Thermal Control Systems): Sale of industrial thermal control equipment including chillers, water cooling units, dry coolers, heat exchangers, and thermoregulators. Products are sold with various customization options and proprietary features.
2. Equipment Rental: Equipment rental services offering tailored solutions, quality equipment, and on-demand thermal control. Provides flexibility for customers with temporary or project-based needs.
3. Preventive and Corrective Maintenance Plans: Maintenance service plans including preventive maintenance, corrective maintenance, extended equipment life, customized plans, and 24-hour service availability.
4. Technical Assistance and Spare Parts: Technical assistance services including spare parts sales, with dedicated CNPJ for after-sales service as of 2021.
5. Air Conditioning Projects: Customized air conditioning projects for small environments, large constructions, and various needs.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

Refrisat manufactures industrial thermal control equipment including chillers, water cooling units, dry coolers, heat exchangers, and thermoregulators, complemented by engineering services, custom automation, equipment rental, and 24-hour preventive and corrective maintenance plans. The portfolio serves plastic injection, medical imaging, metal-mechanical, data center, and food and beverage industries across Latin America, with proprietary cloud-based remote monitoring through the Sistema Infinity platform.

Product overview

Refrisat offers a comprehensive portfolio of industrial thermal control equipment and solutions. The core product line centers on chillers (including ECOSAT sustainable series, SAT Touch flagship, COMPACT RM for medical imaging, Screw Chillers, and Mini Budget Line), complemented by dry coolers, heat exchangers, and precision air conditioners for data centers. Solutions span multiple industry verticals including plastic injection/blow molding, metal-mechanical, medical-hospitalar (MRI, CT, PET-CT), food and beverage, chemical, and data centers. The company provides proprietary cloud-based remote monitoring through Sistema Infinity, plus supporting services including maintenance plans, equipment rental, HVAC projects, and technical training programs (TOR and REFRISAT University).

Differentiator

Problem solved

Functional benefit

Brands

• ECOSAT: Sustainable chiller line developed with low Global Warming Potential (GWP), featuring natural refrigerant R-290 and inverter technology for high thermal performance. Awarded the Febrava Innovation Seal in 2025.

Products and services

• ECOSAT Chiller Sustainable chiller line featuring natural R-290 refrigerant with low Global Warming Potential, inverter technology for optimized energy consumption and thermal stability, and capacities of 30,000 to 60,000 kcal/h. Designed for environmentally responsible industrial cooling free of high-impact gases.
• SAT Touch Chiller Flagship chiller model featuring proprietary automation resources and a touch control interface for industrial process cooling.
• COMPACT RM Chiller Chiller specifically designed for medical resonance imaging applications, providing critical thermal control for MRI and diagnostic imaging equipment.
• Chiller Parafuso (Screw Chiller) Industrial screw-type chiller with standardized factory configuration for high-capacity applications.
• Mini Chiller Budget Line Compact chiller line for smaller applications offering cost-effective thermal control with the same quality as larger units, available for online purchase.
• Chilled Water Unit (Unidade de Água Gelada) Chilled water generation unit for industrial process cooling applications.
• Dry Cooler ECOSAT (Closed-Circuit Cooling Tower) Closed-circuit cooling tower achieving over 98% water savings compared to open-circuit towers, controlled by electric panel and PLC with exclusive command and automation features. Eliminates chemical treatment requirements.
• Heat Exchanger (Trocador de Calor) Air heat exchanger controlling cold air temperature for extruders and co-extruders through serpentine coil with chilled water circulation. Capacities from 22,000 to 150,000 kcal/h.
• Precision Air Conditioner (Climatizador de Precisão) Precision air conditioning unit for data centers and technical rooms requiring controlled temperature environments to neutralize heat generated by computing equipment and primary processes.
• Preventive and Corrective Maintenance Plans Service plans providing preventive and corrective maintenance with 24-hour availability, extending equipment lifespan through customized coverage options and spare parts supply.
• Equipment Rental (Aluguel de Equipamentos) On-demand thermal control equipment rental providing tailored solutions, quality equipment, and flexible terms for temporary or project-based needs.
• HVAC Projects (Projetos de Climatização) Customized air conditioning engineering projects for small environments and large constructions addressing diverse climate control needs.

Named customers26 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Five partnerships are on record, tiered regional and core.

• BettoniregionalChannel Partner/ Reseller/ DistributorRepresentation partnership covering Caxias do Sul region in Southern Brazil. Bettoni represents REFRISAT at regional events including Plastech trade show.
• Tetra PakcoreStrategic or Co-development PartnerPartnership in food and beverage processing equipment. REFRISAT provides thermal control solutions integrated with Tetra Pak processing lines. Multiple years of partnership including Fispal events.
• ROMIregionalChannel Partner/ Reseller/ DistributorPartnership at FEIMEC trade show for metal-mechanical industry solutions. ROMI is a major machine tool manufacturer.
• B. GROBregionalChannel Partner/ Reseller/ DistributorPartnership at FEIMEC trade show for metal-mechanical industry solutions. B. GROB is a German machining center manufacturer.
• Frigel Firenze S.p.AcoreStrategic or Co-development PartnerIn November 2022, HBR (parent company of REFRISAT) and Frigel signed a joint venture to consolidate leadership position in thermal control across Latin America with greener solutions. This strategic partnership combines HBR's manufacturing capabilities with Frigel's technology for enhanced market position.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Daikin: Global HVAC manufacturer with significant commercial and industrial chiller lines. Competes in Brazilian precision-cooling and data-center segments, with stronger global R&D and refrigerant-transition investments.
• Trane Technologies: Global HVAC and refrigeration manufacturer with a broad commercial/industrial chiller portfolio. Comparable as a multi-vertical chiller supplier competing in Brazilian industrial and healthcare thermal-control projects, but with much wider global scale.
• Carrier Global: Global HVAC and refrigeration major with commercial chillers serving industrial, healthcare, and data-center customers. Comparable on product overlap (chillers, precision AC), though Carrier operates at a vastly broader scale and geographic footprint.
• Mitsubishi Electric (Hydronics & IT Cooling): Manufactures chillers and precision air conditioning used in data centers and industrial cooling. Comparable on data-center precision cooling and on high-capacity chillers serving industrial customers.
• Hitachi Cooling & Heating: Global HVAC manufacturer offering chillers for industrial and commercial applications with increasing presence in Latin America. Comparable on chiller portfolio breadth and on data-center/precision-cooling adjacencies.
• York (Johnson Controls): Established chiller brand under Johnson Controls serving commercial and industrial cooling globally. Overlaps with Refrisat in industrial chillers and is a common competitor in Latin American industrial projects.

Direct peers

• MTA (MTA Advanced Technologies): Italian process-chiller specialist serving plastics, food & beverage, and industrial cooling applications. Closely comparable product category and target verticals, with overlapping Brazilian and Latin American distribution.
• Frigel Firenze: Italian manufacturer of process-cooling and industrial chillers, and HBR Holding's joint-venture partner since November 2022. Directly comparable on product portfolio and target verticals (plastics, metal-mechanical), and uniquely tied to Refrisat via the JV.
• HBR (HBR Holding brand): Sibling brand under HBR Holding focused on complementary thermal-control products. Most directly comparable corporate context, since both brands operate under the same parent that acquired Refrisat in 2019.

Emerging players

• Climaveneta (Mitsubishi Electric brand): European process-cooling and high-efficiency chiller line with growing presence in Latin America. Comparable to Refrisat's medical/imaging and industrial process-cooling focus, particularly via the Frigel-aligned technology pathway.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/refrisat
• LinkedInlinkedin.com/company/refrisat-engenharia
• Xx.com/refrisat

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 Refrisat