Anytherm

What Anytherm does

Anytherm AG is a Swiss-headquartered, privately held engineering and manufacturing company founded in 2017 that designs, engineers, fabricates, and commissions custom industrial heat exchange, heat recovery, and air handling systems for process industries worldwide. Its product portfolio centers on stainless steel (AISI 304/316) units—steam air heaters (up to 70 bar, 400°C), heat recuperators, desiccant and cooling dehumidifiers, air intake/handling units, filter units, and modular compact units—all featuring extractable heat exchanger elements and optional integrated CIP systems that enable maintenance and cleaning without unit disassembly. Manufacturing is carried out at a 5,000 m² certified facility in Bosnia and Herzegovina (ISO 9001, EN ISO 3834-2, EN 13445, AD2000 HP0), with global project delivery and a regional subsidiary (Anytherm NZ) serving Oceania.

The company monetizes through one-time equipment sales of bespoke engineered units, contract manufacturing for third-party process equipment, and professional services including heat exchange consulting, energy/Pinch analysis, Net Zero roadmapping, and ongoing energy management. Go-to-market is exclusively direct enterprise field sales led by sales engineers and energy consultants targeting multinational process-industry buyers in food and dairy (Nestlé, Tetra Pak, Arla, Fonterra, Danone, Emmi, DMK), chemicals and pharma (BASF, DSM), and emerging battery/EV manufacturing customers. Projects range from small industrial units to 40,000 kg turn-key installations processing up to 200,000 kg/h of process air, with disclosed outcomes including up to 20,000 MWh annual energy savings and ~5,000 tons CO2 reduction per major installation, and typical 2–3 year payback periods for heat recovery investments. The company is founder-led (Dominic Ettlin, Co-Owner and Managing Director of Sales and Technology), has 11–50 employees, and serves customers across Europe, North America, South America, Africa, Asia, and Oceania.

Name

Anytherm

Legal name

ANYTHERM AG

Website

https://anytherm.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Anytherm AG is a Swiss-headquartered engineering company that designs, fabricates, and commissions custom industrial heat exchange, heat recovery, and air handling systems for process industries worldwide, serving food/dairy, chemical, pharmaceutical, and battery/EV customers with stainless steel turn-key units and energy consulting services.

Ownership category

akta.pro rank

Product category

Industrial Heat Exchange and Heat Recovery Equipment

NAICS

Power Boiler and Heat Exchanger Manufacturing (33241), Heating Equipment (except Warm Air Furnaces) Manufacturing (333414), Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Industrial and Commercial Fan and Blower and Air Purification Equipment Manufacturing (333413)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Heating Equipment, Except Electric & Warm Air Furnaces (3433), Industrial & Commercial Fans & Blowers & Air Purifing Equip (3564)

akta.pro primary industry

Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers) (IMAHAEAC)

akta.pro secondary industries

Waste Heat Recovery & Heat Integration (HRSG/ORC, Pinch Analysis, Heat Exchangers) (EUABAJAF), Heat Exchangers & Thermal Transfer Equipment (IMAHAKAC), Boilers, Furnaces & Process Heating Equipment (IMAHAKAD), Chillers & Cooling Plant Equipment (IMAHAKAE)

Keywords

• Industrial heat exchangers
• Heat recovery systems
• Process air handling
• Energy consulting services
• Spray drying equipment

Headquarters

HQ city

Uerikon

HQ country

Switzerland

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Custom Heat Exchange Equipment Sales: Sale of custom-made heat exchange and heat recovery units for industrial applications. Units are designed, engineered, and manufactured according to customer specifications. Turn-key systems with insulated casings, combining heat exchangers with components like CIP systems, armatures, filters, fans, and sorption wheels.
2. Process Equipment Manufacturing: Contract manufacturing of industrial process equipment based on customer designs. Manufacturing services including certified welding (ISO 3834-2), pressure vessel construction (EN 13445, AD2000 HP0), and processing capabilities like plasma/laser cutting, rolling, TIG/MAG welding, orbital welding, pickling and passivation.
3. Energy Consulting Services: Industrial energy consulting services including heat recovery (Pinch) analysis, energy analysis, Net Zero roadmaps, and energy management. Services identify energy efficiency improvements and CO2 reduction opportunities.
4. Engineering and Technical Services: Engineering services including FE analysis, design, installation supervision, commissioning support, and after-sales service including maintenance, repair, spare parts, and technical support.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels9 records

Core offering

Anytherm designs, engineers, and manufactures custom-made industrial heat exchange and heat recovery systems, including steam air heaters, air handling units, dehumidifiers, gas-to-gas heat exchangers, and high-pressure units. The company complements its equipment with energy consulting services such as pinch analysis, energy analysis, net zero roadmaps, and energy management for process industries including food/dairy, pharmaceutical, chemical, and battery manufacturing.

Product overview

Anytherm is a global developer and manufacturer of custom-made industrial heat exchange and heat recovery systems for demanding process industries. The product portfolio centers on custom-engineered air handling units (AHUs) and heat recovery units (HRUs) that combine heating, cooling, dehumidification, filtration, and noise absorption capabilities. The product line includes Steam Air Heaters, Air Intake Units, Air Handling Units, Compact Units, Cooling Dehumidifier Units, Dessicant Dehumidifiers, Electrical Air Heaters, Filter Units, Gas-to-Gas Heat Exchangers, Heat Recuperators/Heat Recovery Units, High Pressure Units, Process Therm, Pumping Stations, TP-HEX, and Therm-X. These products are complemented by Process Equipment/Contract Manufacturing services. Supporting services include Heat Exchange Consulting, Engineering Services, Packing and Transport, Installation and Commissioning, After Sales Service, and Energy Consulting (Heat Recovery/Pinch Analysis, Energy Analysis, Net Zero Roadmaps, and Energy Management). All products are custom-made from stainless steel (AISI 304 or 316), featuring extractable elements for maintenance and optional CIP systems.

Differentiator

Problem solved

Functional benefit

Products and services

• Steam Air Heaters / Steam Heat Exchangers

Quantifiable outcome

• Up to over 20,000 MWh annual energy savings per major installation
• +5 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Trane Technologies: Global HVAC and thermal management incumbent whose commercial/industrial air handling and heat exchange portfolio overlaps with Anytherm's process AHU business, but at vastly greater scale and breadth.
• Munters: Global leader in air treatment and dehumidification, including desiccant (sorption) dehumidifiers used in battery manufacturing and pharma — directly comparable to Anytherm's sorption wheel dehumidification product line.

Direct peers

• GEA Group: Global process engineering and equipment supplier for food, dairy, and chemical industries. Directly comparable in heat exchange and process air handling, and is simultaneously a customer and competitor of Anytherm.
• Tetra Pak: Global food and dairy processing equipment provider with heat exchange and spray drying capabilities. Both a disclosed Anytherm customer and a competitor on the largest F&B engineering projects.
• HRS Heat Exchangers: Specialist in corrugated-tube and scraped-surface heat exchangers for food, dairy, and process industries. Closest mid-sized peer in custom-engineered hygienic heat exchange systems.
• Sondex (Danfoss): Plate heat exchanger brand under Danfoss Climate Solutions serving HVAC, refrigeration, and industrial process applications. Comparable in plate and brazed heat exchanger manufacturing.
• API Heat Transfer: Manufacturer of industrial heat exchangers including plate, shell-and-tube, and finned designs for process industries. Comparable in custom-engineered thermal transfer equipment.
• SPX FLOW: Process equipment and heat exchange solutions provider serving food, dairy, and industrial markets. Both a customer and direct competitor to Anytherm in process air handling and heat recovery.
• Alfa Laval: One of the world's largest manufacturers of heat exchangers, including plate, finned-tube, and welded designs for food, dairy, chemical, and energy industries. Closest scaled peer in heat-transfer equipment manufacturing.
• Kelvion: Specialist manufacturer of industrial heat exchangers (plate, shell-and-tube, finned) for food, dairy, chemical, and HVAC/process applications. Highly comparable custom-engineered heat transfer product portfolio.

Market position

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/anytherm
• YouTubeyoutube.com/@anytherm
• Facebookfacebook.com/anytherm
• LinkedInlinkedin.com/company/anytherm
• Instagraminstagram.com/anytherm_ag

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 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 Anytherm