Boldrocchi

What Boldrocchi does

Boldrocchi S.r.l. is an Italian industrial engineering, manufacturing, and service firm founded in 1909 in Milan and headquartered in Biassono (Milan), Italy. The company designs and builds heavy-duty mechanical equipment, including centrifugal and axial fans (up to 10 MW / 13,000 hp), industrial blowers and compressors (API 617/672 compliant), air pollution control systems (fabric filters, electrostatic precipitator conversions, SNCR/DeNOX, ceramic candle filtration), air cooled heat exchangers and electrical machine cooling, gas turbine auxiliaries and noise protection, and heavy-duty process dampers up to 7m x 7m. All production, testing, and welding are performed in-house at a 45,000 m2 facility in Italy, supported by 200 engineers out of 450-500 employees.

The firm serves eight primary verticals: cement and lime, oil and gas, iron/steel/non-ferrous metals, power/waste-to-energy/biomass, gas turbine power, fertilizer and chemical, offshore/marine/shipbuilding, and mining. Customer logos include Dangote Refinery, Lukoil, Alcoa, Shree Cement, Buzzi Unicem USA, Cementos Moctezuma, PDO, Saudi Aramco, SABIC, and KNPC, as well as gas turbine OEMs GE, Siemens, Ansaldo Energia, MHPS, Alstom, Solar Turbines, and Rolls Royce. Boldrocchi holds ISO 9001/14001/45001, ISO 3834-2, EN 1090, EN 13084-7, ISO 15085-2, ASME U, Lloyd's Register, and DNV approvals, plus a June 2026 nuclear sector quality policy, enabling access to large state-owned and EPC-mandated procurement programs. The company is actively expanding into nuclear / SMR (Terra Innovatum contract, April 2026) and advanced materials (BeDimensional investment, 2022).

Revenue is generated through one-time custom equipment sales, professional services for installation and commissioning, a recurring retrofit/revamp stream (nearly 200 centrifugal fan revamps in 25 years), and spare parts supply, with project-based pricing on multi-year contracts. Two wholly-owned subsidiaries, Boldrocchi T.E. (cooling towers and evaporative coolers) and De Cardenas Fans & Service (standard-duty fans), extend the portfolio. The business is privately held by the founding Boldrocchi family (third generation, represented by Massimo Boldrocchi), operates 11 branches and sales offices across 8 countries, and has delivered projects in 140 countries with 89,000 cumulative orders and 68 active projects, generating approximately $187M USD (€159M) in turnover.

Name

Boldrocchi

Legal name

Boldrocchi S.r.l.

Website

https://boldrocchigroup.com

Company type

Private

Founded year

1909

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Boldrocchi, founded 1909 and headquartered near Milan, Italy, designs and manufactures custom heavy-duty fans, blowers, compressors, heat exchangers, air pollution control systems, gas turbine auxiliaries, and dampers for cement, oil & gas, steel, power, fertilizer, marine, and mining customers worldwide.

Ownership category

akta.pro rank

Product category

Industrial Process Equipment

NAICS

Engine, Turbine, and Power Transmission Equipment Manufacturing (3336), Other Engine Equipment Manufacturing (333618)

SIC

Industrial & Commercial Fans & Blowers & Air Purifing Equip (3564), Special Industry Machinery (No Metalworking Machinery) (3550)

akta.pro primary industry

Pump & Compressor Packages (Skids, Booster Sets) (IMAHANAG)

Keywords

• Industrial fans blowers
• Heat exchangers coolers
• Air pollution control
• Heavy duty dampers
• Gas turbine auxiliaries

Headquarters

HQ city

Biassono

HQ country

Italy

HQ region

Europe

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Equipment Manufacturing & Sales: One-time sales of heavy-duty industrial equipment including fans, blowers, compressors, heat exchangers, air pollution control systems, gas turbine systems, and dampers. Custom-manufactured to customer specifications with in-house production capabilities.
2. Services, Installation & Commissioning: On-site support, installation, commissioning, and maintenance services. Offered for Boldrocchi equipment and other brands. Includes on-site needs analysis, performance tests, advisory services, and training.
3. Retrofits, Revamps & Conversions: Refurbishment, retrofit (revamp) or conversion of existing equipment. Nearly 200 revamps performed on centrifugal fans alone in the past 25 years. Can be a fraction of new equipment cost while achieving excellent performance.
4. Spare Parts: Spare parts supply for maintenance and repairs of industrial equipment

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Boldrocchi designs, engineers and manufactures heavy-duty industrial equipment—including fans, blowers, compressors, heat exchangers, air pollution control systems, gas turbine auxiliaries, and heavy-duty process dampers—custom-built to each customer's process parameters. The company complements its equipment with installation, commissioning, revamp/retrofit and spare parts services, offering a single point of responsibility from engineering through long-term support for heavy industry and power generation customers worldwide.

Product overview

Boldrocchi is a world-renowned industrial engineering, manufacturing and service firm offering a wide-ranging portfolio of integrated solutions to heavy industry and power generation sectors. The company's product portfolio consists of six core product categories: (1) Fans, Blowers & Compressors (centrifugal fans, axial fans, blowers, MVR blowers, industrial centrifugal compressors up to 10 MW power); (2) Heat Exchangers & Coolers (air cooled heat exchangers, electrical machine cooling systems); (3) Air Pollution Control & Environmental Solutions (dust removal including fabric filters, flue gas treatment for NOX/SOX/heavy metals, flue gas conditioning, turnkey solutions); (4) Gas Turbine Systems & Noise Protection (turbo compressor systems, noise protection/silencers); (5) Heavy-Duty Process Dampers (diverter, tandem, multi-louver, butterfly, stack, guillotine dampers up to 7m x 7m); and (6) Service & Retrofits (installation, commissioning, maintenance, revamp/retrofit services). The company operates two subsidiaries: Boldrocchi T.E. (cooling towers and evaporative coolers) and De Cardenas Fans & Service (small/medium standard duty fans). All solutions are custom-tailored to customer specifications with in-house engineering, manufacturing, and testing capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Fans, Blowers & Compressors Custom-engineered industrial heavy-duty fans, blowers and centrifugal compressors (centrifugal fans, axial fans, MVR blowers, integrally-geared centrifugal compressors) for heavy industry and power generation applications, with installed power up to 10 MW (13,000 hp). Sold to enterprise customers in cement, oil & gas, steel, power, fertilizer, mining and marine sectors.
• Heat Exchangers & Coolers Custom-manufactured heat exchangers and coolers including air cooled heat exchangers (ACHE) built to API 661 and ASME VIII standards, and electrical machine cooling systems for transformers, motors and generators. Sold to enterprise customers in oil & gas, power generation, aluminum smelting and industrial applications.
• Air Pollution Control & Environmental Solutions Integrated air pollution control systems covering dust removal (fabric filters, ESP-to-baghouse conversions, nuisance filters), flue gas treatment for NOX/SOX/HCl/heavy metals/mercury/dioxins, flue gas conditioning, ash handling/storage and turnkey environmental solutions achieving near-zero emissions (0.1 mg/Nm3 dust). Sold to heavy industry customers in cement, WTE/biomass, power and steel.
• Gas Turbine Systems & Noise Protection Complete gas turbine auxiliaries (air intake systems, exhaust gas systems, combined cycle bypass systems, SCR catalyst housings, turbo compressor and fan systems, stack dampers) and industrial noise protection (silencers, acoustic enclosures, soundproofing for fans, motors, generators, transformers, furnaces and exhaust systems). Sold to gas turbine OEMs (GE, Siemens, Ansaldo Energia, MHPS, Alstom, Solar Turbines, Rolls Royce) and power plant customers worldwide.
• Heavy-Duty Process Dampers
• Service & Retrofits

Quantifiable outcome

• 40% fan performance increase with 30% cost savings through kiln fan revamp at Cementos Moctezuma
• +6 more outcomes

Named customers14 records

Segments8 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• Terra Innovatum Global N.V.coreStrategic or Co-development Partner · 21 April 2026Terra Innovatum contracted Boldrocchi to supply a helium leak-tight circulator for its SOLO Micro-Modular Reactor program. The equipment enables helium handling and closed-loop operation for reactor validation testing, supporting a 1 MWe nuclear power system being developed for data centers, remote locations, and industrial applications.
• Boldrocchi T.E. S.r.l.coreOthersBoldrocchi subsidiary specializing for over 45 years in designing and building industrial cooling towers and evaporative coolers. Provides robust and reliable systems for specific & heavy-duty uses, often as heat recovery systems. Also provides consulting services.
• De Cardenas Fans & Service S.r.l.coreOthersBoldrocchi subsidiary manufacturing small and medium sized standard duty industrial fans (both centrifugal and axial) located in Arcore, Italy. Engineers and creates custom-made fans for standard-duty industrial applications including oil & gas, steel production, foundries, chemical plants, and provides worldwide service team for start-up, maintenance and revamping.

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Howden: Howden is a global leader in industrial fans, blowers, and compressors serving cement, mining, power, and oil & gas — essentially the same customer verticals and product categories as Boldrocchi, with comparable engineering-led customization. Direct head-to-head competitor on heavy-duty rotating equipment.
• Hamon: Belgian specialist in heat exchangers, air-cooled condensers, and air pollution control systems for power and industrial customers. Direct overlap with Boldrocchi's heat exchanger and APC product lines serving fossil and nuclear power generation.
• TLT-Turbo: German specialist in heavy-duty industrial fans and turbo equipment for power generation, cement, and mining. Competes directly with Boldrocchi in European heavy-industry tenders with overlapping product portfolios (axial and centrifugal fans, combustion air systems).
• New York Blower Company: Manufacturer of industrial fans and blowers for power, process, and pollution control applications. Overlaps with Boldrocchi in air pollution control fans and heavy industrial ventilation with similar product categories.
• CECO Environmental: US-listed provider of industrial fans, air pollution control, and environmental solutions serving similar heavy-industry end markets. Direct competitor in dust collection and industrial air handling with comparable APC offerings.
• Robinson Fans & Blowers: US-based manufacturer of industrial fans and blowers for heavy industries including cement, steel, and power generation. Comparable engineering-driven custom approach and serves overlapping North American industrial customers.

Broad incumbents

• Andritz: Austrian-listed industrial group with separation, air pollution control, and pulp/paper divisions. Competes with Boldrocchi in industrial fans and APC, but operates a much broader portfolio across multiple process industries.
• Siemens Energy: Global OEM of gas turbines and power generation equipment. Boldrocchi is a referenced auxiliary supplier to Siemens Energy; conversely, Siemens Energy is a customer of Boldrocchi's compressor/fan packages and represents both an opportunity and an OEM-channel risk.
• Babcock & Wilcox: US-listed provider of steam generation, environmental systems, and heat exchange equipment for power and industrial markets. Overlaps with Boldrocchi in heat exchangers and air pollution control for fossil/biomass power generation.
• Sulzer: Swiss industrial group manufacturing pumps, rotating equipment, and chemical process technology. Overlaps with Boldrocchi in industrial centrifugal compressors and rotating machinery serving similar oil & gas and chemical customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/boldrocchi

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Boldrocchi