What Aliseo does

Aliseo S.p.A. is an Italian industrial group founded in 1974 and headquartered in San Zenone degli Ezzelini (Treviso), operating in the HVAC (heating, ventilation, and air conditioning) sector with a focus on air filtration and energy-saving climate control systems. The company designs, develops, and manufactures its products entirely in Italy, organized around wholly-owned operating subsidiaries: Mekar S.r.l. produces modular air handling units (AHUs) with capacities from 1,000 to 100,000 m3/h including triple heat recovery fresh air units, rooftop units, cabinet AHUs, and cooling towers, while Ventilclima produces fan coil units, including the GALILEO wall-mounted series and the DOUBLE-ECM 238mm heat recovery unit. The group also operates Royal Gulf as the official Samsung System air conditioning distributor in the UAE and Mekar LLC in Dubai for Middle East assembly, engineering, distribution, and after-sales service.

The business operates five manufacturing facilities and six sales headquarter offices across Italy and the Middle East, serving over 30 countries with a vertical segmentation strategy spanning hospitals, hospitality, sports and entertainment venues, museums and cultural heritage, pharmaceutical, food, naval, oil and gas, enology, pool and spa, industrial, commercial, residential, and government infrastructure. The go-to-market combines enterprise field sales targeting large infrastructure projects with regional channel partners; revenue is generated primarily through custom-engineered HVAC equipment sales and project-specific solutions rather than standardized product lines. Notable reference customers include Burj Khalifa, Burj Al Arab, Al Rayyan Stadium (2022 FIFA World Cup), Royal Atlantis Resort, the Italian Chamber of Deputies, UNESCO Paris, and multiple European hospitals.

The company is privately held and family-owned under President Francesco Boaro, with a paid-in capital of €1.2M and no disclosed external institutional investors. Aliseo holds ISO 9001 quality certification and VDI 6022 hygienic compliance for innovative product series, supports UNI EN 1886 casing standards, and is currently undergoing a generational leadership transition. Customer concentration is spread across multiple enterprise verticals, though revenue is inherently project-driven due to the custom-engineering nature of the business model and dependence on large infrastructure tenders.

Name

Aliseo

Legal name

Aliseo S.p.A.

Website

https://aliseogroup.com

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

251–500 employees

Short description

Aliseo S.p.A. is an Italian family-owned industrial HVAC manufacturer (founded 1974) that designs, produces, and distributes custom air handling units, fan coils, and heat recovery systems across over 30 countries, primarily serving large infrastructure projects in hospitality, healthcare, sports, and government sectors via five factories and six regional sales offices.

Ownership category

akta.pro rank

Product category

HVAC Equipment Manufacturing

NAICS

Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Industrial and Commercial Fan and Blower and Air Purification Equipment Manufacturing (333413), Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Industrial & Commercial Fans & Blowers & Air Purifing Equip (3564)

akta.pro primary industry

HVAC Equipment (Heating, Cooling & Air Handling) (IMAHAKAB)

akta.pro secondary industries

Fans, Blowers & Ventilation Units (Supply/Exhaust/Inline) (IMADANAB), Heat Exchangers, Coils & Hydronic HVAC Components (IMADANAF), Air Filtration & Indoor Air Quality Components (Filters/UV/ERVs-HRVs) (IMADANAE), Ventilation, Ducting & Air Distribution Equipment (IMAHAKAG)

Keywords

• HVAC systems
• Air handling units
• Fan coil units
• Heat recovery ventilation
• Industrial climate control

Headquarters

HQ city

San Zenone Degli Ezzelini

HQ country

Italy

HQ region

Europe

Offices9 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. HVAC Equipment Sales: Sale of air handling units, fan coil units, heat recovery units, cooling towers, and related HVAC equipment. Products are sold directly to end customers for large-scale installations in hotels, hospitals, stadiums, and industrial facilities.
2. Custom Engineering Solutions: Customized HVAC solutions designed and engineered for specific customer requirements, particularly for special applications in pharmaceutical, food, naval, and industrial sectors.
3. Distribution and After-Sales Services: Sales through subsidiary companies like Royal Gulf (Samsung distributor in UAE) and Mekar LLC, including after-sales service and maintenance support.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Aliseo Group designs, manufactures, and distributes a complete range of HVAC equipment (heating, ventilation, air conditioning, air filtration, and energy recovery) for large-scale infrastructure projects. Products include modular air handling units (Mekar brand, 1,000-100,000 m3/h), fan coil units (Ventilclima brand), heat recovery units, roof top units, and cooling towers. The company also distributes Samsung air conditioning products in the UAE through its subsidiary Royal Gulf and provides custom engineering solutions for hospitals, hotels, stadiums, museums, industrial plants, and government buildings.

Product overview

Aliseo Group is an Italian industrial group offering a complete range of HVAC (Heating, Ventilation, and Air Conditioning) solutions. The portfolio includes multiple sub-brands: Mekar S.r.l. specializing in modular air handling units (AHUs) from 1,000 to 100,000 m3/h including triple heat recovery units, roof top units, cabinet units, and cooling towers; Ventilclima specializing in fan coil units including integrated heat recovery units, centrifugal/tangential units, wall-mounted units (GALILEO), and ductable air treatment units; and Royal Gulf serving as Samsung air conditioning distributor in UAE. The group also operates Mekar LLC in Dubai for Middle East distribution. Products are designed, developed, and manufactured 100% in Italy and serve applications including residential, commercial, industrial, hospital, pharmaceutical, food industry, naval, enology, museum, pool & SPA, process, and oil & gas sectors.

Differentiator

Problem solved

Functional benefit

Brands

• Mekar: Air Handling Units brand specializing in central station modular type air handling units with air volumes from 1,000 to 100,000 m3/h. Also produces cooling towers, extractors, ductable fan coils, and heating products. Present in hygienic air treatment, naval air conditioning, pharmaceutical and food industry equipment.
• Ventilclima
• Royal Gulf
• Eden
• Venco

Products and services

• Modular Air Handling Units (Mekar) Modular central-station air handling units available in air volumes from 1,000 to 100,000 m3/h with static pressure up to 2,000 Pa, used for conditioning, heating, ventilation, filtration, and heat recovery. Sold to large commercial, healthcare, hospitality, stadium and industrial projects.
• Triple Heat Recovery Fresh Air Handling Unit Fresh air handling units equipped with triple heat recovery technology designed to deliver enhanced energy efficiency in ventilation and conditioning applications.
• Roof Top Units Self-contained roof-mounted HVAC units used for conditioning and ventilation of medium to large buildings, part of the Mekar air handling portfolio.
• Cabinet Air Handling Units Compact cabinet-format air handling units for conditioning, heating, filtration, and heat recovery in commercial and institutional applications.
• Fan Coil Units with Heat Recovery Integrated (Ventilclima) Fan coil units combining heating and cooling with integrated heat recovery, manufactured by Ventilclima for room-level climate control in commercial and residential buildings.
• Centrifugal / Tangential Fan Coil Units Fan coil units based on centrifugal or tangential fan technology delivering air circulation with low noise for HVAC installations.
• GALILEO Wall Mounted Fan Coil Unit 100% Made in Italy wall mounted fan coil unit developed and manufactured by Ventilclima, providing high performance, energy efficiency, low noise operation and stylish design for residential and commercial rooms.
• DOUBLE-ECM Heat Recovery Unit Compact 238mm-thick heat recovery and air treatment unit that combines thermal recovery with heating, cooling with dehumidification, and filtration while providing free-cooling and free-heating modes.
• Heat Recovery Units Standalone heat recovery units designed to recover thermal energy from exhaust air, used within the Mekar modular HVAC portfolio.
• Extract Units and Centrifugal Air Extractors Extract units and centrifugal air extractors for ventilation and exhaust air handling in commercial, healthcare, and industrial facilities.
• Ductable Air Treatment Units Ductable air treatment units enabling air conditioning, filtration and heat recovery to be distributed via duct networks in commercial and residential applications.
• Water Cassette Fan Coil Units Water cassette fan coil units for cassette ceiling installation, providing heating and cooling for rooms with low-noise and high-efficiency requirements.
• Cooling Towers Cooling towers providing heat rejection for HVAC and process applications, part of the Mekar product line for industrial and commercial installations.
• Royal Gulf Samsung Air Conditioning Distribution (UAE) Official distribution of Samsung System air conditioning products in the UAE, providing Aliseo Group customers in the region with Samsung's air conditioning product line alongside Aliseo's own manufactured HVAC equipment.
• Mekar LLC HVAC Assembly and Distribution (Middle East) Regional assembly, engineering, distribution, and after-sales service for Mekar products across UAE, Kuwait, Qatar and Saudi Arabia, delivered from the Dubai base.

Quantifiable outcome

• Heat recovery efficiency through triple recovery technology in fresh air handling units
• +2 more outcomes

Named customers37 records

Segments14 records

Ideal customer profiles3 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, minor and support.

• Samsung (via Royal Gulf)coreChannel Partner/ Reseller/ DistributorRoyal Gulf, a company of Aliseo Group, is appointed as the official distributor of Samsung System air conditioning products for the UAE market. This provides a complementary product line alongside Aliseo's own manufactured HVAC equipment.
• Sterchele GroupminorStrategic or Co-development PartnerVentilclima partnered with Sterchele Group from Vicenza, Italy to design 270 custom fan coils with specific requirements for noiselessness for the Central Deck Arena (Uros Live) in Finland, Europe's largest multifunctional center.
• European LaboratoriessupportStrategic or Co-development PartnerPartnership with foremost European laboratories for research and development, enabling advanced product testing and verification as well as compliance with stringent requirements.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Aermec: Italian manufacturer of chillers, heat pumps, and air handling units serving commercial, industrial, and residential markets. Domestic Italian competitor with comparable Made-in-Italy positioning and project-based sales.
• Systemair: Swedish manufacturer of ventilation fans, air handling units, and indoor climate products with strong European and Middle East presence. Closely mirrors Aliseo's AHU + fan coil + heat recovery portfolio and similar project-driven go-to-market.
• Swegon: European indoor climate specialist offering air handling units, fan coils, and energy recovery solutions. Competes head-on with Aliseo in commercial and healthcare projects across Europe with comparable engineering-led positioning.
• Rhoss: Italian HVAC company specializing in air conditioning, chillers, and air handling units for commercial and industrial applications. Domestic Italian peer sharing similar customer segments and Made-in-Italy brand positioning.
• FläktGroup: European-headquartered specialist in air handling units, fans, and indoor climate solutions for commercial and industrial buildings. Directly comparable to Aliseo's Mekar brand in AHU engineering, modular configurations, and project-based sales to large infrastructure customers.
• VTS Group: Polish-based HVAC equipment manufacturer producing air handling units, chillers, and climate control systems. Comparable product portfolio to Aliseo/Mekar with similar project-specification sales motion across Europe and MENA.
• Clivet: Italian HVAC manufacturer (now part of Mitsubishi Electric group) specializing in chillers, heat pumps, and air handling units for commercial and residential applications. Direct Italian peer in HVAC manufacturing with overlapping European and international customer base.

Broad incumbents

• Daikin: Japanese global HVAC leader with comprehensive product range including commercial air handling, refrigeration, and energy recovery systems. Competes with Aliseo in commercial and industrial segments as a much larger multinational.
• Carrier Global: Global HVAC and refrigeration major with broad portfolio including commercial air handling, chillers, and controls. Competes with Aliseo on large commercial and industrial projects as part of a much wider product offering.
• Trane Technologies: Global HVAC incumbent offering chillers, air handling units, and building services across commercial, industrial, and institutional markets. Operates at significantly larger scale than Aliseo across overlapping product categories and customer segments.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/aliseo-group-indoor-climate-solutions

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries6 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 Aliseo