Nathan

Name

Nathan

Legal name

Nathan Holding B.V.

Website

https://nathan.nl

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Zevenaar

HQ country

Netherlands

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Product Sales - Heat Pumps: Nathan generates revenue through the sale of heat pumps including brine/water, air/water, air/air, and hot tap water heat pumps from brands such as alpha innotec, Metro Therm, and Rhoss. Products are sold through authorized wholesalers and directly to installation companies.
2. Product Sales - Complementary Systems: Sale of complementary products including buffer tanks, boilers, piping systems (Uponor, GF COOL-FIT), thermostats, control systems, infrared panels, distributors, and delivery stations for collective systems.
3. Project Services: Nathan Projects provides comprehensive project services including drilling services, installation of ground loops, and system design. Nathan Service provides commissioning, maintenance and repair services for heat pump systems.
4. Training and Education: Nathan Academy provides training and education services for installers on product installation, commissioning, and maintenance of heat pump systems. Training is provided both in the Netherlands and Belgium.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Nathan is the authorized importer and distributor of European climate technology brands (alpha innotec, Uponor/GF, Metro Therm, Komfort) in the Benelux region. The company delivers a total package of reliable products, designed total solutions, and knowledge in sustainable climate technology, spanning heat pumps, floor heating systems, piping systems, thermostats, and control systems, complemented by in-house project services (drilling, installation, commissioning) and training.

Product overview

Nathan is an authorized importer of European top manufacturers and delivers a total package of reliable products, sophisticated total solutions, and knowledge in sustainable climate technology. The company operates as a distribution and systems integrator — not a single product — organized under the Nathan Group umbrella comprising Nathan Systems (product sales), Nathan Projects (ground boring and source installation), Nathan Service (commissioning, maintenance, and 24/7 service), Nathan Academy (training), and Nathan Industries (bespoke solutions). The core product portfolio spans multiple interconnected categories: heat pumps (brine/water, air/water, air/air, and hot tap water from alpha innotec, Metro Therm, and Rhoss); buffer tanks and boilers; pipe systems (Uponor multi-layer, PE-Xa, gas, Ecoflex, and GF COOL-FIT for cooling); thermostats and control systems (including Uponor Smatrix); infrared panels; distributors (Komfort); emission systems (floor, wall, and ceiling heating/cooling); and delivery stations for collective systems. Complementary service offerings include ground boring (closed and open systems), heat pump commissioning, 24/7 emergency service, BIM Revit support, and professional training via Nathan Academy. A notable proprietary solution is the BRD-skid (source control distribution system), which centralizes ground energy distribution across multiple heat pumps using alpha innotec, Uponor, and Komfort components, reducing required boreholes and increasing system efficiency through mutual heat exchange. Nathan also collaborates with LOXONE for Energy Management System integration with alpha innotec heat pumps, enabling smart, demand-driven control aligned with dynamic energy tariffs.

Differentiator

Problem solved

Functional benefit

Products and services

• Brine/Water Heat Pumps Brine/water heat pumps that use geothermal energy extracted via a ground heat exchanger for sustainable heating, hot tap water preparation, and cooling. Includes the SWP series (e.g., SWP 561H) and Pro series for large building applications, sold to installers and project developers in the Benelux region.
• Air/Water Heat Pumps Air/water heat pumps that extract energy from outside air and convert it for space heating, cooling, and hot tap water. Includes the Hybrox, Hybrox SE, and Union series. The Hybrox SE series supports large-scale renovations and serial housing construction with supply temperatures up to 75°C.
• Air/Air Heat Pumps Air/air heat pumps providing heating and cooling by circulating air directly between indoor and outdoor environments. Sold through wholesale channels to installers in the Netherlands and Belgium.
• Hot Tap Water Heat Pumps Dedicated heat pumps designed specifically for the preparation of hot tap water, providing efficient domestic hot water heating for residential and light commercial applications.
• Buffer Tanks and Boilers Hot water storage tanks including tap water storage tanks (for drinking water) and central heating buffer tanks, plus accessories. Includes Metro Therm products such as the Microbooster with integrated boiler.
• Pipe Systems Complete range of piping systems including Uponor multi-layer piping, Uponor PE-Xa installation systems, Uponor Gas piping, Uponor Ecoflex heat and cold distribution piping, and GF COOL-FIT pre-insulated piping for cooling. Custom-length Uponor multi-layer piping (e.g., 3.3m lengths) is available for specific projects.
• Thermostats and Control Systems Thermostats and control systems for managing and regulating heating, cooling, and hot water systems. Includes the Uponor Smatrix control system for smart per-dwelling temperature regulation.
• Infrared Panels Infrared heating panels for direct space heating, including associated lighting and thermostat accessories for residential and commercial spaces.
• Distributors Distributors for floor heating systems and brine system distribution, ensuring optimal flow distribution across rooms and zones. Includes Komfort floor heating distributors.
• Emission Systems (Floor/Wall/Ceiling Heating and Cooling) Complete emission systems for space heating and cooling including floor heating and/or cooling, ceiling heating and/or cooling, and wall heating and/or cooling. Uponor floor heating is applied in combination with air handling units for churches, schools, offices, and other large spaces.
• Delivery Stations for Collective Systems Delivery stations for collective (multi-dwelling) heating and cooling systems that manage the transfer of thermal energy from a central source to individual units in apartment buildings and housing developments.
• Nathan BRD-Skid (Source Control and Distribution System) The BRD-skid (Bronregeldistributiesysteem) is Nathan's proprietary centralized source energy distribution system. Instead of drilling individual ground loops per dwelling, BRD bundles source energy centrally and distributes it via one installation to all heat pumps in a multi-apartment building. It reduces the number of required boreholes significantly and increases overall system efficiency through mutual heat exchange.
• Nathan Projects — Ground Boring and Source Installation Services Complete ground source installation services including closed systems (vertical ground loops via boring), open systems (Open Boden Energie Systeem / OBES), and combined solutions. Services span from permit applications, engineering and design, through boring, installation, commissioning, and ongoing management using 19 own drilling rigs.
• Nathan Service — Commissioning, Maintenance and Repair Nathan Service provides commissioning of heat pumps (required for warranty), 24-hour emergency service, repair and renovation of open and closed ground source systems, defect energy center remediation, annual reporting for open and closed systems, and optimization of energy center and source system performance.
• Nathan Academy — Training and Education Nathan Academy provides regular training and education on various topics including commissioning of alpha innotec heat pumps, installation and maintenance of propane heat pumps, and other technical subjects, tailored to different knowledge levels and delivered in the Netherlands and Belgium.
• Nathan Industries — Bespoke Technical Solutions Part of Nathan Group offering specialized industrial-scale technical solutions for heating, cooling, and hot water systems in large commercial and residential developments.
• alpha innotec Hybrox SE Series New air/water heat pump series specifically developed for large-scale renovations and serial housing construction. Available in 4, 7, 9, and 11 kW power levels with quiet operation, easy installation, and suitability for dynamic energy tariffs. Capable of supply temperatures up to 75°C enabling use with existing radiators.

Quantifiable outcome

• Propaan (R290) has GWP of only 3, compared to R410A at 2,088 and R32 at 675, making it far more environmentally friendly
• +3 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature5 records

Partnerships

Seven partnerships are on record, tiered core and strategic.

• alpha innoteccoreTechnology or IntegrationAlpha innotec is the leading heat pump producer in Europe with its own high-quality production facility in Germany. Nathan is the authorized importer. The partnership includes products like Hybrox, Union, Pro series, Paros, Jersey, SWP, SWCV, and WZSV series heat pumps. Alpha innotec has been working with propane (R290) as a refrigerant since 1998.
• Uponor (GF)coreTechnology or IntegrationUponor is a brand of GF, one of the world's leading manufacturers of practical and reliable system solutions for hygienic drinking water supply, energy-efficient floor heating and cooling, and reliable local heating networks. Nathan distributes Uponor products including multi-layer piping systems, PE-Xa installation systems, Ecoflex heat and cold distribution, and temperature controls.
• GF COOL-FITcoreTechnology or IntegrationGF COOL-FIT products are distributed by Nathan. These include COOL-FIT 2.0 and COOL-FIT 4.0 pre-insulated piping systems designed for cooling applications, along with accessories and tools.
• Metro ThermcoreTechnology or IntegrationMetro Therm products are designed to maximize energy savings with the highest energy labels, ISDE subsidies, and long lifespan. Products have been applied throughout Europe for nearly 100 years. Nathan distributes Metro Therm Microbooster, Combi Blueline, and various heat pump models.
• KomfortcoreTechnology or IntegrationThe Komfort range originally contained only high-quality floor heating distributors but now includes a more diverse product range for heating, cooling, or a combination of both.
• LoxonestrategicTechnology or IntegrationNathan and Loxone work together to provide building owners with optimal indoor climate at the most favorable energy prices. Loxone provides Energy Management Systems (EMS) that integrate with Nathan's heat pumps for smart, demand-driven control. Loxone hardware includes a miniserver that fits in a standard meter cupboard and controls heating, cooling, ventilation, sun blinds, energy consumption, warehouse access, and lighting.
• Wholesale Partners (Rensa, Technische Unie, Wasco, Solar, Plieger/ThermoNoord, Warmteservice, Van Walraven, Schonkeren)coreChannel Partner/ Reseller/ DistributorNathan distributes products through a network of wholesale partners throughout the Netherlands. Installers purchase Nathan products through these wholesale distributors who handle local inventory and logistics.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• NIBE Group: NIBE is a Swedish specialist in residential and commercial heat pumps, ground-source systems, and indoor climate solutions with strong pan-European distribution. It is one of the largest European heat-pump OEMs and overlaps directly with the technical propositions Nathan distributes.
• Vaillant Group: Vaillant is one of Europe's largest heating technology groups, with extensive heat-pump portfolios across its Vaillant, Saunier Duval, and Protherm brands. It competes with Nathan's distributed alpha innotec product line in the same residential and small-commercial segments across the Benelux.
• Daikin Europe: Daikin is the global HVAC market leader and is rapidly expanding its heat-pump business in Europe including the Netherlands and Belgium. As a major brand building direct installer programs, Daikin is a benchmark global incumbent against which Nathan's distributed heat-pump portfolio is positioned.
• Stiebel Eltron: Stiebel Eltron is a German specialist in heat-pump technology, heat-pump water heaters, and ventilation with strong European distribution. It directly competes with the alpha innotec line Nathan distributes and is a recognized leader in R290/propane-based systems.
• Bosch Home Comfort: Bosch Home Comfort (formerly Bosch Thermotechnology) manufactures heating and hot water systems including heat pumps, with brands such as Bosch, Buderus, and Junkers. It serves residential and commercial installers across the Benelux and competes broadly with Nathan's heating-system offering.
• Viessmann: Viessmann is a major German manufacturer of heating, industrial, and refrigeration systems with a broad heat-pump portfolio (Vitocal). It is comparable to Nathan's distributed brand portfolio as a multinational heating-systems supplier with growing European installer networks.
• Panasonic Heating & Cooling: Panasonic Heating & Cooling is a major global manufacturer of air-conditioning and heat-pump systems with a dedicated European heating division (Aquarea). It targets residential installers and developers across Benelux markets and is a directly comparable large HVAC OEM competitor.

Direct peers

• Itho Daalderop: Itho Daalderop is a Dutch supplier of ventilation, climate control, and hot water solutions, now part of BDR Thermea Group. It targets the same installer and housing-developer segments as Nathan and is positioning in residential heat pumps, making it a comparable Dutch total-solution climate provider.
• Intergas: Intergas is a Dutch manufacturer of high-efficiency gas-fired boilers and now also heat pumps for the residential market. It sells into a comparable installer and housing-corporation base in the Netherlands and operates from a similar Benelux-centric commercial position to Nathan.
• Remeha (BDR Thermea Group): Remeha is a leading Dutch brand in heating, hot water, and increasingly heat pumps, owned by BDR Thermea Group. It serves a similar base of installers, housing corporations, and project developers in the Netherlands and Belgium with overlapping residential heating solutions, making it the closest direct competitor to Nathan in the Benelux.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/NathanBenelux
• LinkedInlinkedin.com/company/nathan-benelux
• Instagraminstagram.com/nathanbenelux
• Xx.com/nathanbenelux

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries7 records

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 Nathan