AFS

What AFS does

AFS (AFS Havalandırma Ekipmanları) is a privately held Turkish industrial manufacturer of HVAC ventilation equipment, headquartered in the İvedik Organized Industrial Zone in Ankara with a second production facility in Sincan, both of which include on-site solar generation. Founded in 1991 and operated as a family business, AFS claims to be Europe's largest flexible air duct manufacturer with exports to nearly 100 countries. The product portfolio spans 8 categories: flexible and semi-flexible air ducts, industrial hoses and ducts, silencers, mounting elements, shutters and diffusers, ventilation fans (axial, centrifugal, TD Silent, ATEX-certified, jet fans), air curtains, heat recovery units, and shelter ventilation units. The company supports this portfolio with AFSLab, an in-house R&D and quality testing laboratory established in 2008 that conducts physical and functional testing to EN and UL standards, and operates a multi-brand architecture (SİMFLEKS, RAKSAN, AFS HYGİENE, GREEN, AFSLAB, NEWFLOW, MYFLEX, PRATİ) to segment go-to-market positioning.

The business model is B2B hardware sales with no subscription or recurring software component. Pricing is quote-based and project-specific, with product catalogs and price lists available on request. GTM combines enterprise field sales (direct to HVAC contractors, construction companies, and industrial facilities), a network of authorized dealers and distributors, and direct export logistics. Customer segments are horizontal across construction (with marquee projects including the Akkuyu Nuclear Power Plant, Vodafone Arena, and Turkmenistan Airport), healthcare, banking, real estate, beverage, education, and government. Distribution is supported by a stack of international certifications (ISO 9001, ISO 14001, ISO 27001, Marine, Hygiene, UL, GREENGUARD, I-REC, Zero Waste), multiple regional and global industry awards (İSİB, TİM, ASHRAE), and recent ESG reporting under ISO 14064-1 and ISO 14046. Revenue mix is dominated by one-time equipment sales, supplemented by a nascent recurring stream from I-REC certificate sales generated by on-site solar assets.

Name

AFS

Legal name

AFS Havalandırma Ekipmanları

Website

https://afs.com.tr

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

101–250 employees

Short description

AFS (AFS Havalandırma Ekipmanları) is a privately held Turkish manufacturer of HVAC ventilation equipment, including flexible air ducts, industrial hoses, fans, air curtains, and heat recovery units, exporting to nearly 100 countries and serving contractors, construction firms, and industrial facilities.

Ownership category

akta.pro rank

Product category

Industrial HVAC Ventilation Equipment

NAICS

Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Industrial and Commercial Fan and Blower and Air Purification Equipment Manufacturing (333413), Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant Wholesalers (42373)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Industrial & Commercial Fans & Blowers & Air Purifing Equip (3564), Wholesale-Hardware & Plumbing & Heating Equipment & Supplies (5070)

akta.pro primary industry

Ventilation, Ducting & Air Distribution Equipment (IMAHAKAG)

akta.pro secondary industries

HVAC Equipment (Heating, Cooling & Air Handling) (IMAHAKAB), Ductwork, Duct Fittings & Air Distribution (Diffusers/Grilles/Registers) (IMADANAC), Dampers, Louvers & Ventilation Controls (IMADANAD), Heat Exchangers, Coils & Hydronic HVAC Components (IMADANAF), HVAC, Water Heaters & Indoor Air Quality Distribution (CRAOAFAJ)

Keywords

• HVAC ventilation equipment
• Flexible air ducts
• Industrial ventilation systems
• HVAC air distribution
• Heat recovery ventilation

Headquarters

HQ city

Yenimahalle

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. HVAC Equipment Manufacturing: AFS generates revenue through manufacturing and selling flexible air ducts, semi-flexible air ducts, industrial hoses and air ducts, silencers, mounting elements, grilles and diffusers, fans, air curtains, heat recovery units, and shelter ventilation units. The company operates as a product manufacturer with one-time hardware sales to B2B customers including contractors, construction companies, and industrial facilities.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

AFS designs, manufactures, and distributes HVAC ventilation equipment under its own and multiple sub-brands (SİMFLEKS, PRATİ, RAKSAN, AFS HİYEN, GREEN, AFSLAB, NEWFLOW, MYFLEX). The portfolio centers on flexible and semi-flexible air ducts and extends to industrial hoses, silencers, mounting elements, diffusers, fans, air curtains, heat recovery units, and shelter ventilation units. Products are sold one-time (not subscription) to B2B customers including HVAC contractors, construction companies, industrial facilities, and project developers across nearly 100 export markets.

Product overview

AFS is a comprehensive HVAC (heating, ventilation, and air conditioning) equipment manufacturer based in Turkey, specializing in flexible and semi-flexible air ducts as its core product line. The company operates as a multi-brand portfolio, with the main AFS brand supported by sub-brands including SIMFLEKS (industrial hoses), PRATİ (air distribution), RAKSAN (smart air distribution), AFS HYGİENE (antimicrobial products), GREEN (eco-friendly products), AFSLAB (R&D innovations), NEWFLOW (industrial flow), and MYFLEX (flexible ducts). The product portfolio encompasses ten core categories: Flexible Air Ducts (with variants like ALUAFS.70, SONOAFS-ALU.70B, ISOAFS-ALU.70 ECOSOFT, ALUAFS HYGIENE), Semi-Flexible Air Ducts (SEMIAFS-INOX), Industrial Hoses and Air Ducts (AFSTPU VACUDRAIN, SIMFLEKSTPU FOODGRADE), Silencers (SEMI RIGID SILENCER, ACOUSTIC SEMIAFS), Mounting Elements (AFSPIN, AFSCONNECTOR), Shutters and Diffusers (SMART GERİ AKIŞ PANJURU, SMART GEMİCİ ANEMOSTAD), Fans (CVAB/CVAT series, TD Silent series, HDT ATEX series, Jet Fans), Air Curtains (recessed, commercial, industrial types), Heat Recovery Units (Respiro series, RECO series), and Shelter Ventilation Units (SHU). AFS claims to be Europe's largest flexible air duct manufacturer, exporting to nearly 100 countries.

Differentiator

Problem solved

Functional benefit

Brands

• SİMFLEKS: Sub-brand for industrial hoses and flexible air ducts
• PRATİ
• RAKSAN
• AFS HYGİENE
• GREEN
• AFSLab
• NEWFLOW
• MYFLEX

Products and services

• Flexible Air Ducts (Esnek Hava Kanalları)

Quantifiable outcome

• 100 countries reached through exports, establishing global market presence
• +1 more outcomes

Named customers15 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• LOGOcoreTechnology or Integration · 1 January 201820-year partnership with LOGO, a software company providing enterprise software solutions. The partnership demonstrates long-term business relationship stability.

Scale indicators5 records

Recent moves7 records

Expansion highlights7 records

Broad incumbents

• Systemair: Swedish-listed ventilation manufacturer offering fans, air handling units, and duct accessories globally. Comparable to AFS's fan and ventilation equipment lines; broader portfolio and significantly larger scale position it as a large incumbent in the same category.
• Soler & Palau: Spanish ventilation manufacturer producing fans, ducting, and air handling units for residential and commercial markets. Comparable to AFS in fans and ducted ventilation, with a longer-standing Western European specification presence.
• FläktGroup: European HVAC air handling and air distribution specialist serving commercial, industrial, and data center customers. Comparable to AFS in air distribution but at significantly larger project scale and broader system scope.
• Volution Group: UK-listed residential and commercial ventilation group owning brands such as Vent-Axia and Torit. Comparable to AFS's residential/commercial ventilation fans and ducting range, with deeper UK and Irish market penetration.

Direct peers

• Lindab: Swedish manufacturer of sheet metal HVAC ducting, fittings, and building products with a strong European direct-sales footprint. Directly comparable to AFS in ductwork and air distribution, though Lindab's portfolio extends further into steel construction products.
• Maico: German ventilation manufacturer focused on fans, air handling units, and accessories for residential and commercial HVAC. Comparable to AFS's fan and small-ventilation-unit product range, particularly in central European markets.
• Vents: Ukraine/Poland-headquartered manufacturer of axial, centrifugal, and inline fans plus ventilation accessories. Comparable to AFS's fan product family and serves a similar mid-market contractor channel across Europe.
• Renson: Belgian ventilation and indoor air quality specialist producing grilles, mechanical extract units, and heat recovery ventilation. Comparable to AFS in diffusers, grilles, and HRV product families with strong specification-side positioning in Benelux.
• TROX: German family-owned specialist in air distribution components including grilles, diffusers, dampers, and sound attenuators. Highly comparable to AFS's PRATİ, RAKSAN, silencer, and shutter product lines, with deeper European specification influence.

Emerging players

• Zehnder Group: Swiss-listed manufacturer of radiant heating/cooling panels and comfort ventilation with heat recovery. Comparable to AFS's heat recovery and indoor climate focus, with stronger positioning in radiant climate ceilings than AFS currently offers.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/afsflex
• Facebookfacebook.com/afsflex

Compliance11 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 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 AFS