Tri Tech Refrigeration

What Tri Tech Refrigeration does

Tri Tech Refrigeration is a privately held Australian provider of industrial and commercial refrigeration and air conditioning solutions, founded in 1989 in Thomastown, Victoria and now operating a nationwide network of offices with over 80 employees. The company designs, engineers, fabricates and constructs refrigeration plant rooms using ammonia (NH3), freon, CO2, glycol, water and brine refrigerants, and supports installed assets through 24/7 breakdown service, preventative maintenance, rebuilds and overhauls, spare parts and second-hand equipment sales, and refrigeration equipment leasing (50kW to 2000kW units) on short or long-term terms. Its flagship proprietary product line is the Katabatic Air Cooler family of custom-designed evaporators, fan coil units and coil blocks, engineered in Australia and manufactured overseas to international standards, with optional EC or AC IP54-rated Ziehl Abegg fans for air flow efficiency.

Tri Tech's revenue model combines large one-time design-and-build project delivery with recurring aftermarket service, maintenance, leasing and parts revenue. The company sells primarily through direct enterprise field sales, targeting industrial and commercial clients across Australia and into the Asia-Pacific region, and emphasizes nationwide coverage and emergency response as differentiators. Its client base spans food and beverage production, cold storage and logistics, retail, pharmaceutical, plastics recycling, chemical and petrochemical, energy and co-generation, winery, and recreational cooling applications, with named enterprise projects for Chobani, Bread Sollutions, Circular Plastics, Linfax, GEA Process Engineering (for Pactum), Qanstruct (for Regal Cream and Coles), Japan Food Company and Hansen Yunken (for Roche).

The company holds Refrigerant Trading Authority certification AU05655 and operates a state-of-the-art manufacturing facility in Melbourne that supports custom design and fabrication with reduced lead times. Tri Tech positions itself as a vertically integrated lifecycle partner — from initial engineering through to long-term service — and promotes one of the largest ranges of second-hand refrigeration equipment in Australia as a price-flexibility lever for capital-constrained clients.

Name

Tri Tech Refrigeration

Legal name

Tri Tech Refrigeration

Website

https://ttrefrig.com.au

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Industrial Refrigeration Services

NAICS

Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (3334), Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance (8113)

SIC

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

akta.pro primary industry

Commercial & Industrial Refrigeration Systems (IMAHAKAA)

akta.pro secondary industries

Refrigeration & Cold-Chain Equipment Service (IMAIABAE), Commercial Refrigeration Repair & Maintenance (HSAOAJAA), Refrigeration Systems Maintenance (Commercial/Industrial) (BPABACAI)

Keywords

• Industrial refrigeration
• Commercial refrigeration
• Cold storage systems
• HVAC engineering
• Refrigeration maintenance

Headquarters

HQ city

Thomastown

HQ country

Australia

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Design, Engineering & Construction: Design, engineering and construction of industrial and commercial refrigeration solutions. Revenue from large-scale project delivery including plant room design, supply and installation.
2. Service & Maintenance: Ongoing service and maintenance including 24/7 emergency breakdown service, preventative maintenance, and remote monitoring capabilities.
3. Equipment Leasing: Refrigeration equipment leasing including 50kW to 2000kW chilled glycol/water units, air-cooled or evaporative condensers, ammonia or freon systems. Short or long-term lease periods.
4. Spare Parts & Equipment Sales: Sales of spare parts and new/second-hand refrigeration equipment. They carry one of the largest ranges of second-hand equipment in Australia.
5. Rebuilds & Overhauls: Compressor rebuild and overhaul services for re-injecting life into equipment.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels2 records

Core offering

Tri Tech Refrigeration designs, engineers, fabricates, and installs industrial and commercial refrigeration and air conditioning systems for clients across Australia and the Asia-Pacific region. The company also provides ongoing service, 24/7 emergency breakdown assistance, preventative maintenance, rebuilds and overhauls, spare parts, second-hand equipment, and refrigeration equipment leasing ranging from 50kW to 2000kW units.

Product overview

Tri Tech Refrigeration is an industrial and commercial refrigeration solutions provider offering a portfolio of products and services. The core proprietary product is the Katabatic Air Cooler line (custom-designed evaporators, fan coil units, and coil blocks). The company also provides a comprehensive suite of services including 24/7 breakdown assistance, preventative maintenance, rebuilds & overhauls, spare parts & equipment (including one of Australia's largest ranges of second-hand equipment), refrigeration equipment leasing (50kW to 2000kW units), design/fabrication/construction, plant auditing & improvements, and energy efficiency consulting. Services cover ammonia (NH3) and freon systems, chilled glycol/water units, and air-cooled or evaporative condensers.

Differentiator

Problem solved

Functional benefit

Brands

• Katabatic: Air coolers designed in Australia by Tri Tech's engineering team and manufactured overseas. Includes evaporators, fan coil units, and coil blocks. Available for various refrigerants including ammonia, freon, CO2, glycol, water and brines.

Products and services

• Katabatic Air Coolers

Quantifiable outcome

• Refrigeration plant can account for up to 80% of overall running costs in power and maintenance
• +1 more outcomes

Named customers9 records

Segments8 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Overseas ManufacturercoreOEM/ Whitelabel/ Licensing PartnerWorking alongside a reputable overseas manufacturer to produce Katabatic Air Coolers. Products are designed in Australia by Tri Tech's engineering team and manufactured overseas in accordance with international standards and specifications. This partnership enables superior quality, shorter lead times and considerable cost savings.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Star Refrigeration: UK-headquartered industrial refrigeration contractor and manufacturer specialising in ammonia and CO2 systems with full design, build and service capabilities; closely comparable business model to Tri Tech across project delivery and aftermarket service.
• Mayekawa Australia: Subsidiary of Japanese industrial refrigeration OEM Mayekawa, focused on ammonia and natural refrigerant systems for food, cold storage and industrial customers in Australia and the broader Asia-Pacific, with comparable NH3 system offerings to Tri Tech's Katabatic-based plant rooms.
• Axima Refrigeration Australia: Australia-based industrial and commercial refrigeration contractor offering design, installation and service of ammonia and synthetic refrigerant plants, directly overlapping Tri Tech's core project and service business in the same geography.

Broad incumbents

• Trane Technologies: Global manufacturer and service provider of HVAC and commercial refrigeration equipment, including chillers and controls used in cold storage and food distribution, overlapping with Tri Tech's chiller, condenser and packaged refrigeration solutions.
• Bitzer Australia: Australian arm of global compressor OEM Bitzer, supplying screw and reciprocating compressors (including NH3-compatible units) used by Tri Tech and its competitors in industrial refrigeration plant rooms.
• Johnson Controls: Global HVAC and industrial refrigeration major with a large installed base in commercial and industrial cold chain in Australia, providing equipment, controls and service contracts that compete with Tri Tech's design, build and maintenance offering.
• GEA Refrigeration Australia: Industrial refrigeration division of GEA Group, a global engineering firm delivering large-scale ammonia and freon plants for food, dairy and beverage clients, including projects executed alongside GEA Process Engineering for Australian customers of Tri Tech.
• Carrier Commercial Refrigeration: Carrier's commercial refrigeration arm supplies refrigerated cases, condensing units and system controls to Australian supermarkets and food retailers such as Coles, representing a competing OEM and service channel in Tri Tech's target verticals.

Regional players

• Dunham-Bush: Asia-Pacific-focused HVAC and industrial refrigeration manufacturer with screw compressor and chiller offerings used in food, cold storage and process cooling applications, a comparable equipment supplier active in Tri Tech's regional markets.
• ICS Group (Industrial Cooling Solutions): APAC-focused industrial cooling and refrigeration service provider covering ammonia plant servicing, rebuilds and maintenance contracts, with a comparable recurring-service and retrofit model to Tri Tech's aftermarket business.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights5 records

Customer concentration

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 Tri Tech Refrigeration