Sugimat
Sugimat is a Spanish custom-engineered industrial boiler and combustion-system manufacturer (founded 1978, Valencia) serving enterprise process-heat customers across 12 industrial verticals in 30+ countries, with a flagship self-cleaning Horizon+ boiler and turnkey project delivery.
- Company typePrivate
- Founded1978
- HeadquartersValencia, Spain
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Sugimat does
Sugimat, S.L. is a Spanish industrial OEM founded in 1978 and headquartered in Quart de Poblet, Valencia, that designs, manufactures, and commissions custom-engineered industrial boilers and combustion systems for process-heat applications. Its product portfolio spans hot-water and superheated-water boilers (0.35–30 MW), thermal oil boilers, steam boilers, hot gas generators, and a family of combustion technologies (underfeed stocker, step grate, travelling grate, fluidised bed, dust injection), all available in biomass, fossil-fuel, and waste-derived-fuel variants. The flagship Horizon+ is a proprietary self-cleaning rotary water-tube boiler (up to 12 MW) with an aggregate-injection ash-removal system, recognized with the Expobiomasa 2021 and INTERcamBIOM 2022 innovation awards. The company also offers ORC-cogeneration-ready boilers, district-heating solutions, and control-system hardware/software, and has contributed to EU Horizon 2020 projects Hiflex (with Barilla) and CompassCO2 (with DLR) and the CDTI-funded 0e-MISION project on zero-emission residual-biomass energy.
Sugimat serves enterprise customers across twelve industrial verticals — including food and distilleries, wood and derivatives, solar thermal energy, metallurgy, mining and cement, paper and cardboard, petrochemical, chemical/pharma, textile, agroindustrial, hospitality, and automotive — with named logos spanning Iberdrola, Repsol, Garnica, ERTA.SA, Ebaki, Biosyl, San Miguel Arcángel, Casa Alta, and Barilla. The company operates a project-based go-to-market model: turnkey delivery (design, manufacturing, installation, commissioning) supported 24/7, sold via direct enterprise field sales and a network of commercial agents in 30+ countries across Europe, the Americas (USA, Chile), and selectively in Russia/Estonia. Pricing is custom quote-based, reflecting fuel type, heat carrier, and MW output. Since 2021/2024, Sugimat has been owned by the Bianna group; it maintains ~100 employees (including 20+ R&D engineers), a 20,000 m2 production facility, ISO 9001 and ASME U/S/R certifications, and a cumulative installed base of 1,000–3,000+ references.
Sugimat firmographics
Firmographics- Name
- Sugimat
- Legal name
- Sugimat, S.L.
- Website
- https://sugimat.com
- Company type
- Private
- Founded year
- 1978
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Sugimat is a Spanish custom-engineered industrial boiler and combustion-system manufacturer (founded 1978, Valencia) serving enterprise process-heat customers across 12 industrial verticals in 30+ countries, with a flagship self-cleaning Horizon+ boiler and turnkey project delivery.
- Ownership category
- akta.pro rank
Sugimat industry classification
Industry- Product category
- Industrial Boilers and Combustion Systems
- NAICS
- Power Boiler and Heat Exchanger Manufacturing (332410), Power Boiler and Heat Exchanger Manufacturing (33241), Heating Equipment (except Warm Air Furnaces) Manufacturing (333414)
- SIC
- Heating Equipment, Except Electric & Warm Air Furnaces (3433), Heating Equip, Except Elec & Warm Air; & Plumbing Fixtures (3430), Fabricated Plate Work (Boiler Shops) (3443), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)
- akta.pro primary industry
- Boilers, Furnaces & Process Heating Equipment (IMAHAKAD)
- akta.pro secondary industries
- Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers) (IMAHAEAC), Industrial Biomass Boilers & Steam Systems (Process Heat) (EUAAAGAC), Chillers, Boilers & Central Plant Operations (BPABACAG)
Keywords
Where Sugimat is headquartered
LocationHeadquarters
- HQ city
- Valencia
- HQ country
- Spain
- HQ region
- Europe
Offices1 record
Markets served
Sugimat business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Industrial Boiler Manufacturing and Sales: Sugimat generates revenue primarily through the design, manufacture, and sale of industrial boilers and combustion systems, including hot water boilers, thermal oil heaters, steam boilers, hot gas generators, and combustion systems. Revenue is earned through project-based equipment sales with turnkey delivery options.
- Technical Services and Maintenance: Post-sales technical support services including 24/7 assistance, remote technical support, on-site support, and after-sales services. These services are bundled with equipment sales and represent an ongoing revenue stream for spare parts and service contracts.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom industrial boiler systems - quote-based pricing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels9 records
Sugimat product offering
Product offeringCore offering
Sugimat designs, manufactures, and commissions custom-engineered industrial boilers and combustion systems — including hot water, thermal oil, steam boilers, hot gas generators, and the proprietary Horizon+ self-cleaning rotary boiler — for industrial process heat and cogeneration. Equipment is designed to operate on fossil fuels, biomass, and non-conventional waste-derived fuels (RDF) and is delivered as turnkey projects including installation, commissioning, and 24/7/365 technical support.
Product overview
Sugimat offers a comprehensive portfolio of industrial thermal energy solutions centered on custom-engineered boilers and combustion systems. The core product line includes industrial hot water/superheated water heaters (0.35-30 MW), thermal oil boilers, steam boilers, and hot gas generators, all available in biomass, fossil fuel, and waste-derived fuel configurations. The flagship Horizon+ self-cleaning rotary boiler represents their most innovative product, featuring proprietary ash removal technology. Supporting the boiler range are specialized combustion systems (underfeed stocker, step grate, travelling grate, fluidised bed, dust burner) and control systems with hardware and software components. The company also provides auxiliary equipment, depuration systems for emissions treatment, and district heating solutions. Cogeneration products include boilers for ORC (Organic Rankine Cycle) systems and high-temperature thermal oil boilers. Through EU-funded R&D projects (Hiflex, CompassCO2), Sugimat develops advanced technologies for concentrated solar power integration.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Equipment payback period of 12 months at current natural gas prices (215 €/MWh) for 5MW biomass boiler with 85% efficiency
- +2 more outcomes
Companies that use Sugimat
Customer profileNamed customers9 records
Segments12 records
Ideal customer profiles4 records
Sugimat technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Sugimat partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core and minor.
- Bianna GroupcoreSugimat has been acquired and integrated into the Bianna group, forming part of a solid team that shares the vision of excellence, innovation, and sustainability. This strategic union reinforces their presence in the sector and enhances capabilities for offering innovative solutions. The integration aims to explore new solutions for a more efficient and responsible future.
- ProjarminorPartner in 0e-MISION project consortium focused on new generation of emission-free residual biomass energy systems
- IngeliaminorPartner in 0e-MISION project consortium
- Singular GreenminorPartner in 0e-MISION project consortium
- J. HueteminorPartner in 0e-MISION project consortium
- CARTIFminorPartner in 0e-MISION project consortium (technology center)
- IMDEA EnergíaminorPartner in 0e-MISION project consortium (research center)
- CEBAS-CSICminorPartner in 0e-MISION project consortium (research institution)
- CSICminorPartner in 0e-MISION project consortium (Spanish National Research Council)
- German Aerospace Centre (DLR)coreConsortium leader for CompassCO2 European project. Project aims to integrate CSP particle systems into highly efficient s-CO2 Brayton power cycles for electricity production. Includes 11 other institutions from 7 European countries. Total budget of just under €6 million, fully funded by European Commission Horizon 2020.
- BarillacorePartner in Hiflex European project (Horizon 2020). Project aims to run a pasta factory by continuously feeding it with renewable sources using flexible CSP pilot plant with ceramic particles. Sugimat manufactures customized steam generator for the system operating at temperatures around 700°C.
- ERK (ERK Systems)minorCooperation agreement signed in 2018 for collaboration in industrial boiler systems
- Tidy PlanetminorUK business partner since 2015, facilitating Sugimat's expansion into the United Kingdom market
Scale indicators11 records
Recent moves10 records
Expansion highlights6 records
Sugimat competitors and assessment
Company assessmentBroad incumbents
- ANDRITZ (ANDRITZ Energy & Environment): ANDRITZ supplies biomass boilers, flue gas cleaning, and ORC/PowerFluid equipment for power and process heat, with strong references in pulp, paper, and waste-to-energy. Directly overlaps with Sugimat's biomass/steam/ORC product set, with comparable focus on customer-tailored industrial energy solutions.
- Babcock & Wilcox (B&W): Babcock & Wilcox designs and supplies industrial power boilers (waste-heat, biomass, HRSG) and emissions control solutions for utilities and process industries worldwide. Comparable to Sugimat in industrial boiler/combustion technology but operates at dramatically larger scale and broader geography.
- Valmet: Valmet is a global process technologies supplier whose Energy business includes biomass-fired heat and power boilers (BFB/CFB), recovery boilers, and flue-gas cleaning used by pulp, paper, and energy customers. Comparable to Sugimat in biomass boiler technology and process-heat customers but with materially larger scale, broader portfolio, and global service footprint.
- Mitsubishi Hitachi Power Systems (MHPS / Mitsubishi Power): Mitsubishi Power supplies utility and industrial steam, biomass, waste-to-energy, and thermal power boilers. Overlaps with Sugimat on steam and biomass boilers and on auxiliary boilers for CSP plants, but at far larger scale and project size.
- Foster Wheeler (Wood PLC Energy & Special Projects): Foster Wheeler (now part of Wood) supplies industrial and utility fluidised-bed and biomass steam generators plus environmental equipment. Comparable to Sugimat in biomass CFB boiler technology and process-heat customers, but operating at larger engineering and EPC scale.
Direct peers
- Bosch Industriekessel: Bosch Industriekessel manufactures industrial boilers and hot-water heating systems (biomass, fossil, waste-to-energy) for commercial and industrial customers across Europe. Directly comparable to Sugimat in product scope (industrial boilers and biomass combustion), customer verticals, and turnkey delivery model.
- Bono Energia: Italian maker of industrial boilers (steam, thermal oil, hot water) for process industries and cogeneration, including biomass- and waste-fueled configurations. Closely comparable to Sugimat on product mix, Mediterranean customer base, and turnkey project delivery.
- Viessmann Industrial Solutions: Industrial arm of Viessmann supplying biomass, waste-fuel, and fossil-fuel-fired boiler systems up to ~30 MW for industrial process heat and district heating. Highly comparable to Sugimat on product mix, power range, and European customer verticals.
- Polytechnik: Polytechnik designs and manufactures biomass combustion systems and industrial boiler plants using traveling grate and fluidised bed technology for sawmills, pellet plants, and agroindustrial customers. Direct competitor to Sugimat in biomass combustion, wood industry verticals, and small/medium scale biomass boiler packages.
- Fröling Heizkessel- und Behälterbau: Austrian manufacturer of biomass, wood-chip, and waste-fueled industrial/heating boilers, including grate, fluidised bed, and rotating combustion technology for process and district heating customers. Comparable to Sugimat in biomass combustion technology, European geographic focus, and focus on difficult waste fuels (analogous to Horizon+).
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Sugimat social profiles
Digital presenceSugimat compliance and trust
Trust signalCompliance3 records
Sugimat financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sugimat leadership team
Management profileNumber of profiles
Sugimat funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sugimat M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sugimat
What does Sugimat do?
Sugimat designs, manufactures, and commissions custom-engineered industrial boilers and combustion systems — including hot water, thermal oil, steam boilers, hot gas generators, and the proprietary Horizon+ self-cleaning rotary boiler — for industrial process heat and cogeneration. Equipment is designed to operate on fossil fuels, biomass, and non-conventional waste-derived fuels (RDF) and is delivered as turnkey projects including installation, commissioning, and 24/7/365 technical support.
Is Sugimat a public or private company?
Sugimat is a private company. It is classified as corporate owned and is currently operating.
When was Sugimat founded?
Sugimat was founded in 1978. It employs 51 to 100 people.
Where is Sugimat based?
Sugimat is headquartered in Valencia, Spain, in the Europe region.
How does Sugimat make money?
Two revenue lines are on record. Industrial Boiler Manufacturing and Sales are the primary driver. The others are technical Services and Maintenance.
Who are Sugimat's main competitors?
Broad incumbents on record are ANDRITZ (ANDRITZ Energy & Environment), Babcock & Wilcox (B&W), Valmet, Mitsubishi Hitachi Power Systems (MHPS / Mitsubishi Power) and Foster Wheeler (Wood PLC Energy & Special Projects). Direct peers are Bosch Industriekessel, Bono Energia, Viessmann Industrial Solutions, Polytechnik and Fröling Heizkessel- und Behälterbau.
Does Sugimat have an API?
No public API is recorded for Sugimat.
What industry is Sugimat in?
Sugimat's product category is Industrial Boilers and Combustion Systems. Its primary akta.pro industry code is IMAHAKAD, Boilers, Furnaces & Process Heating Equipment, with a secondary code of IMAHAEAC, Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers). Its NAICS code is 332410 and its SIC code is 3433.