What Eurotec does

Eurotec S.r.l. is an Italian B2B manufacturer of custom finned heat exchangers (batterie a pacco alettato), headquartered in Stezzano (Bergamo) with a second production facility in Merlino (Lodi). The company designs and builds heat exchangers for heating, cooling, condensation, evaporation, steam production, and heat recovery, offering six core geometries (P2510, P3012, P3016, P3512, P4016, P6016) constructed from 8006 aluminium alloy fins, copper tubes, and customer-specified frames and protective coatings (Blygold, Heresite, Thermoguard, Electrofin e-coat, tin-coating, cataphoresis, antimicrobial). Its manufacturing process is fully in-house, covering frame construction, fin stamping, tube straightening, cutting, bending, mandrel rolling, welding, and PED-certified pressure testing (20-55 bar), supported by 21-stage QC and ISO 9001 / TUV certification. Eurotec also sells a high-efficiency energy recovery product line built around its proprietary Flowbox hydraulic module, which enables closed-loop 100% counter-current heat transfer with full physical separation of supply and exhaust air streams.

The company sells directly to industrial customers via a custom-quotation, specification-driven model, targeting HVAC-R, naval and cruise, food processing, automotive and rail, healthcare (hospitals, operating theatres), and commercial buildings (shopping centres). Its go-to-market relies on technical sales engagement supported by two proprietary calculation tools, THE COIL DESIGNER and KV Designer, available as downloadable desktop applications and as DLL modules for integration into client engineering software (including third-party AHU configuration suites). Distribution is direct, with stated reach across 38 countries, 700 completed projects, and 200 served companies. Revenue derives from custom hardware sales of heat exchangers, energy recovery systems, and complementary protective treatment services, with no standard price list and quote-based pricing tied to geometry, material, treatment, and order quantity. Multi-year contracts are referenced but pricing is not publicly disclosed, and the company remains privately held with no disclosed external investment.

Name

Eurotec

Legal name

Eurotec S.r.l.

Website

https://eurotecsrl.it

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Eurotec designs and manufactures custom finned heat exchangers and high-efficiency energy recovery systems for HVAC-R, naval, food processing, automotive, healthcare, and commercial building clients, selling directly to industrial customers across 38 countries from two Italian facilities.

Ownership category

akta.pro rank

Product category

Industrial Heat Exchangers

NAICS

Power Boiler and Heat Exchanger Manufacturing (332410)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)

akta.pro primary industry

Heat Exchangers & Thermal Transfer Equipment (IMAHAKAC)

akta.pro secondary industries

Heat Exchangers, Coils & Hydronic HVAC Components (IMADANAF), Waste Heat Recovery & Heat Integration (HRSG/ORC, Pinch Analysis, Heat Exchangers) (EUABAJAF), Automotive Heat Exchangers Manufacturing (Radiators/Condensers/Evaporators/Heater Cores) (IMACALAC)

Keywords

• Finned heat exchangers
• Industrial heat transfer
• HVAC-R manufacturing
• Energy recovery systems
• Protective coatings

Headquarters

HQ city

Stezzano

HQ country

Italy

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Custom Heat Exchanger Sales: Eurotec designs and manufactures custom finned heat exchangers (batterie a pacco alettato) for heating, cooling, condensation, evaporation, steam production and heat recovery. Products are tailored to client specifications with 6 available geometries (P2510, P3012, P3016, P3512, P4016, P6016). The company also provides high efficiency energy recovery systems with their proprietary Flowbox hydraulic technology.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Eurotec designs and manufactures custom finned heat exchangers (batterie a pacco alettato) for industrial heating, cooling, condensation, evaporation, steam production, and heat recovery. Products are offered in six geometries (P2510, P3012, P3016, P3512, P4016, P6016) with aluminium alloy 8006 corrugated fins, copper tubes, and multiple frame material/protective coating options. The company also supplies high-efficiency energy recovery systems built around its proprietary Flowbox hydraulic module, complemented by calculation software (THE COIL DESIGNER, KV Designer) for client specification and integration.

Product overview

Eurotec srl manufactures custom finned heat exchangers for heating, cooling, condensation, evaporation, steam, and heat recovery applications. The core product portfolio includes heat exchangers in 7 geometries (P2510, P3012, P3012S, P3016, P3512, P4016, P6016) and high efficiency recovery systems with proprietary Flowbox hydraulic technology. Eurotec provides complementary software tools (THE COIL DESIGNER for selection/calculation, KV Designer for thermodynamic calculations) available as downloadable applications or DLL format for client integration. The company also offers comprehensive protective treatments including Blygold, Heresite, Thermoguard, Electrofin E-Coat, tin-coating, cataphoresis, antimicrobial coatings, and custom colour finishes. Two manufacturing facilities in Italy (Stezzano and Merlino) support production of 12,000+ units annually across 38 countries.

Differentiator

Problem solved

Functional benefit

Brands

• THE COIL DESIGNER: Proprietary software for thermodynamic calculation of heat exchangers, available for download and integration with customer software via DLL format.

Products and services

• Finned Heat Exchangers (Scambiatori di Calore) Custom-designed finned core heat exchangers for industrial heating, cooling, condensation, evaporation, steam production and heat recovery applications, offered in six geometries with various frame materials (galvanised steel, stainless steel 304/316, copper, aluminium, brass). Made for HVAC-R manufacturers, naval, food production, automotive, hospitals and commercial building operators.
• High Efficiency Energy Recovery Systems (Flowbox) Closed-loop energy recovery systems with intermediate fluid circulation between high-efficiency coil heat exchangers, featuring the Flowbox hydraulic module, 100% counter-current circuit, speed-controlled pumps with frequency converters, and intelligent control for network optimisation. Targeted at HVAC system integrators and operators of commercial buildings (e.g., shopping centres) and industrial facilities.
• THE COIL DESIGNER Software Thermodynamic calculation, performance verification under specified working conditions, and custom heat exchanger design software for engineers and OEMs specifying Eurotec products. Available as a downloadable application and as a DLL for integration into client software.
• KV Designer Software Thermodynamic calculation software for Eurotec recovery systems, available as a downloadable application for engineers specifying heat recovery products.
• Blygold Coating Treatment Protective polyurethane coating with aluminium pigments providing long-lasting corrosion resistance (4,000 hours ASTM B117) for heat exchangers, applied during manufacture or on site.
• Heresite Coating Treatment Anticorrosive thermosetting phenolic resin coating providing high corrosion resistance (6,000 hours ASTM B117) in marine and saline environments for heat exchangers.
• Thermoguard (Finguard Silver SB) Coating Polyurethane aluminium-pigment coating protecting heat exchangers against saline environments, chemical agents, and UV radiation with 3,000 hours ASTM B117 corrosion resistance.
• Electrofin E-Coat Treatment Cathodic electrodeposition coating process for heat exchangers, customisable with specific chemical formulae, offering 6,000 hours ASTM B117 corrosion resistance and a 5-year warranty in marine environments.
• Tin-coating (Stagnatura) Treatment Electrolytic immersion treatment protecting copper, iron, aluminium and alloy components of heat exchangers with high corrosion resistance and electrical conductivity.
• Cataphoresis Treatment Electrodeposition primer coating process for iron, steel and alloys offering atmospheric corrosion resistance and improved powder coating adhesion on heat exchangers.
• Antimicrobial Fin Treatment Transparent antimicrobial coating applied to heat exchanger fins achieving 99.99% bacteria reduction in air-conditioned environments, resistant to UV radiation and corrosion while preserving efficiency and pressure loss performance.
• Special Colour Finishes Custom painting service offering the full RAL colour range on request for heat exchanger products, allowing visual customisation to match customer or installation requirements.

Quantifiable outcome

• 99.99% reduction in bacteria levels in air conditioned environments
• +3 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Kelvion: German-headquartered heat exchanger manufacturer (formerly GEA Heat Exchangers) offering plate, shell-and-tube, and finned coil exchangers for HVAC, refrigeration, marine, and industrial process markets with strong overlap with Eurotec's verticals.
• Xylem: Global water technology company whose Bell & Gossett and Standard Xchange brands supply heat exchangers for HVAC and industrial applications, partially overlapping Eurotec's plate and shell-and-tube adjacent portfolio.
• Modine Manufacturing: Diversified thermal management company whose HVAC-R heat exchangers, coils, and heat recovery products overlap directly with Eurotec's energy recovery and refrigeration coil offerings.
• Danfoss: Danish multinational with a substantial HVAC-R and refrigeration components portfolio including heat exchangers, addressing similar customers through both component-level and system-level offerings.
• Alfa Laval: Global leader in heat transfer, separation, and fluid handling, with a broad heat exchanger portfolio spanning plate, brazed, shell-and-tube, and finned coil products for HVAC, refrigeration, and industrial applications — directly overlapping Eurotec's core market.

Direct peers

• API Heat Transfer: US-based industrial heat exchanger manufacturer offering plate, shell-and-tube, and finned designs for HVAC, refrigeration, and process industries with a comparable custom-engineering business model.
• SWEP (Dover): Part of Dover Corporation, SWEP produces brazed plate heat exchangers for HVAC-R and refrigeration applications, directly competing with Eurotec in commercial cooling, heat recovery, and refrigeration segments.
• Lu-Ve Group: Italian listed manufacturer of finned heat exchangers and refrigeration components with a comparable product range, Italian manufacturing footprint, and overlapping exposure to HVAC-R, food, and industrial cooling end markets.
• Thermofin: Germany-based specialist in finned heat exchangers and energy recovery systems, highly comparable to Eurotec in product range, customization approach, energy recovery focus, and target customer verticals.
• Güntner: German manufacturer of heat exchangers for refrigeration and HVAC applications with direct overlap in finned coil design, energy recovery systems, and the European industrial customer base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/eurotec-s.r.l.

Compliance3 records

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 Eurotec