SGP Armatec

What SGP Armatec does

SGP Armatec is a private Norwegian company headquartered in Asker that supplies medium-to-large heating and cooling systems for buildings and industrial customers. The firm has operated continuously since 1929, indicating a long-established position in the Nordic mechanical-equipment market, and currently maintains a small workforce of 11–50 employees consistent with a specialist industrial supplier rather than a mass-market manufacturer.

The company's offering centers on thermal HVAC equipment — heating and cooling systems sized for commercial buildings and industrial facilities — rather than consumer-grade or residential products. Technical specifics (refrigerant types, efficiency ratings, control systems, service model) are not disclosed in the available source material, so the precise product architecture and technology stack cannot be characterized beyond the general category of medium-to-large thermal systems.

The business model appears to be project-based B2B equipment supply and likely accompanying service/installation work for building owners, operators, and industrial end users in Norway. Pricing mechanics, contract structure, channel mix, and revenue split between new equipment and aftermarket service are not disclosed. Jo Helge Gilje is identified as General Manager and Co-Chief Executive Officer, pointing to a co-leadership governance arrangement. The data is otherwise thin: no funding history, no M&A activity, no disclosed customer base, and no product-line detail are available to enrich the commercial picture.

Name

SGP Armatec

Website

https://sgp.no

Company type

Private

Founded year

1929

Operating status

Operating

Headcount range

11–50 employees

Short description

SGP Armatec is a private Norwegian company, founded in 1929 and headquartered in Asker, that supplies medium-to-large heating and cooling systems to building and industrial customers in Norway.

Ownership category

akta.pro rank

Headquarters

HQ city

Asker

HQ country

Norway

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales

Core offering

SGP Armatec supplies medium to large heating and cooling systems intended for buildings and industrial customers. The company focuses on equipment-scale installations rather than small residential units, positioning its portfolio for commercial facilities, industrial sites, and larger building projects.

Product overview

The source content is a verification/loading page (http://sgp.no/) with no substantive information about SGP Armatec's products, services, or portfolio. Product and service details cannot be extracted from this page.

Differentiator

Problem solved

Functional benefit

Products and services

• Medium to large heating systems
• Medium to large cooling systems

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Expansion highlights1 record

Direct peers

• Viessmann: German family-owned manufacturer of heating, industrial, and refrigeration systems. Comparable as a heating-systems specialist focused on medium-to-large applications for buildings and industry.
• Danfoss: Danish global manufacturer of heating, cooling, and climate solutions for buildings and industry. Directly comparable to SGP Armatec in target end markets (industrial and building-scale heating/cooling) and Nordic geographic footprint.
• Armstrong Fluid Technology: Manufacturer of pumps, heat exchangers, and packaged systems for HVAC and industrial heating/cooling applications. Comparable as a mid-sized specialist in fluid-based heating/cooling systems for buildings and industry.
• Swegon: Swedish provider of indoor climate and ventilation solutions for commercial and industrial buildings. Direct Nordic peer in delivering medium-to-large heating/cooling and air-handling systems to building owners and industry.
• Systemair: Swedish-Northern European HVAC manufacturer offering heating, cooling, and ventilation products for commercial and industrial buildings. Direct competitor in the same medium-to-large system category and overlapping Nordic distribution channels.
• Nibe: Swedish manufacturer of heating and cooling solutions, particularly heat pumps and climate systems for buildings. Comparable Nordic-headquartered specialist serving the same medium-to-large building and industrial heating/cooling market.

Broad incumbents

• Alfa Laval: Swedish broad industrial incumbent with a strong heat transfer portfolio serving HVAC, district heating, and industrial process heating/cooling — overlapping directly with SGP Armatec's stated building and industrial heating/cooling focus.
• Trane Technologies: Global HVAC and building systems incumbent (Trane and Thermo King brands) serving commercial and industrial heating and cooling applications. Comparable end market and system scale as a benchmark for what larger competitors offer.
• Bosch Thermotechnology: Global broad incumbent in heating, cooling, and hot water solutions across residential, commercial, and industrial segments. Comparable for the medium-to-large building and industrial heating system market SGP Armatec targets.

Regional players

• Beijer Ref: Swedish-headquartered pan-European distributor and supplier of refrigeration and HVAC components and systems. Comparable as a Nordic-rooted channel/specialist player in industrial and commercial heating and cooling, though primarily a distributor.

Market position

Strengths3 records

Weaknesses3 records

Competitive moat3 records

Key risks4 records

Key highlights3 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 SGP Armatec