Teriak Group

What Teriak Group does

Teriak Group is an Egypt-based industrial manufacturer founded in 1975 that produces automotive thermal-management components, commercial refrigeration heat exchangers, and plastic injection-molded parts. The company operates six manufacturing plants on 115,000 m2 in 6th of October City, Cairo, with an additional 30,000 m2 reserved for expansion, employing 685 people and reporting annual turnover of $130M USD against a cumulative $80M USD investment base. Its automotive product line spans OEM brass and aluminum radiators, micro-channel condensers, cooling modules, oil coolers, charge air-coolers, and heater cores for trucks, buses, military vehicles, and tractors; its commercial and industrial line supplies residential and industrial condensers, fin-and-tube evaporator and condenser coils, and custom coils up to 15 meters for air conditioning, refrigeration, power, and hydraulic systems.

Technically, Teriak is built around micro-channel, tube-and-fin, and fin-tube heat exchanger manufacturing supported by three Nocolok brazing lines, semi-automatic and automatic core builder machines for radiator, condenser, and heater cores, and plastic injection molding capacity. R&D comprises 20 design engineers using proprietary Unilab selection software alongside an in-house validation lab covering performance, pressure cycle, salt spray, microscopic, burst, CMM dimension, vibration, helium, and nitrogen testing. Micro-channel condensers are the headline technology, claimed to deliver 30% higher heat efficiency, 50% weight reduction, 35% lower condenser price, and 25% reduced refrigerant charge versus traditional designs. Quality systems are IATF 16949:2016, ISO 14001:2004, and ISO OHSAS 18001:2007, with additional OEM-specific approvals from GM (SFE, QSB, BIQS), Nissan (ASES), FCA, BMW, Suzuki, Peugeot (NSA), and Johnson Controls (OSA).

The revenue model is hardware sales to global automakers and Tier 1 suppliers under technical assistance and license agreements with Delphi/Harrison, Modine, Hanon Systems, Behr, and Valeo, supplemented by engineering design services billed against OEM specifications. GTM is enterprise field sales into OEM and HVAC/R customers, with product qualification gated by customer audits and recognized through multiple GM Supplier Quality Excellence awards (2008, 2009, 2010, 2013, 2014, 2015) and Toyota's 2010 Best Supplier award. Customer concentration is meaningful, with program wins inside GM, Toyota, Hyundai, Fiat Chrysler, Nissan, Peugeot, BMW, Suzuki, Opel/Vauxhall, and Johnson Controls; geographic exposure is concentrated in Egypt and the MENA region, with licensed manufacturing reach into Japan, Thailand, and Korea through partner OEM channels.

Name

Teriak Group

Legal name

Teriak Group

Website

https://elteriak.com

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Teriak Group is an Egypt-founded, privately held OEM manufacturer of automotive heat exchangers, commercial refrigeration coils, and plastic injection components, operating six plants near Cairo and supplying global automakers including GM, Toyota, and Hyundai under technical assistance licenses.

Ownership category

akta.pro rank

Product category

Automotive Heat Exchanger Manufacturing

NAICS

Power Boiler and Heat Exchanger Manufacturing (332410), Heating Equipment (except Warm Air Furnaces) Manufacturing (333414), Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Motor Vehicle Parts Manufacturing (3363)

SIC

Plastics Products, Nec (3089), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Heating Equipment, Except Electric & Warm Air Furnaces (3433)

akta.pro primary industry

Automotive Heat Exchangers Manufacturing (Radiators/Condensers/Evaporators/Heater Cores) (IMACALAC)

akta.pro secondary industries

Passenger Vehicle Thermal, Cooling & HVAC Manufacturing (ICE) (IMACAAAL), Commercial Vehicle Cooling, HVAC & Thermal Management Manufacturing (IMACABAN), Body Panels, Doors, Hoods & Closures Manufacturing (IMACAGAH), Thermoformed Automotive & Transportation Components (IMANAHAE), Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers) (IMAHAEAC)

Keywords

• Automotive heat exchangers
• Plastic injection molding
• HVAC condensers
• OEM automotive parts
• Radiator manufacturing

Headquarters

HQ city

Cairo

HQ country

Egypt

HQ region

Africa

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. OEM Automotive Heat Exchangers: Design and manufacture of automotive heat exchangers including radiators, condensers, cooling modules, oil coolers, and charge-air-coolers for OEM automakers and Tier 1 suppliers
2. Commercial & Industrial Heat Exchangers: Supply of HVAC components, condensers, and evaporator coils to air-conditioning, refrigeration companies, and industrial manufacturers across MENA region
3. Plastic Injection Products: Manufacturing of plastic components for automotive sector (door trims, wheel covers, bumpers, dashboards), commercial applications (food packaging, shopping carts), home appliances (LCD bases, washing machine parts), and industrial sectors (paint containers, plastic pallets)
4. R&D and Design Services: Engineering design services with 20 design engineers capable of designing heat exchangers according to clients' standards and specifications with higher performance and efficiency at lower cost
5. Technical Assistance and Licensing: Revenue generated through technical assistance and license agreements with international OEM companies, enabling manufacturing under established brand specifications

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Teriak Group designs and manufactures automotive and commercial heat exchangers (radiators, condensers, cooling modules, oil coolers, charge-air-coolers, evaporator coils) and plastic injection molded components (automotive interior/exterior parts, commercial packaging, home appliance parts, industrial containers). The company operates six manufacturing plants in 6th of October City, Cairo, Egypt, producing under technical assistance and license agreements with international OEMs including Delphi, Hanon Systems, Modine, Behr, and Valeo for direct supply to global automakers.

Product overview

Teriak Group is a manufacturing company offering three core product lines: Automotive Heat Exchangers (radiators, condensers, cooling modules, oil coolers, charge air-coolers, heater cores), Commercial and Refrigeration Heat Exchangers (residential and industrial condensers, evaporator coils for HVAC/R), and Plastic Injection Molding (automotive components, home appliances, commercial and industrial plastic products). The company operates six manufacturing plants in Egypt with supporting R&D and testing facilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Automotive Heat Exchangers OEM automotive heat exchangers including radiators, condensers, cooling modules, oil coolers, and charge air-coolers for trucks, buses, military vehicles, tractors, and industrial applications, supplied to global automakers including GM, Toyota, and Hyundai.
• Commercial and Refrigeration Heat Exchangers
• Plastic Injection Molding
• Radiators
• Micro-Channel Condensers
• Cooling Modules
• Charge Air-Coolers
• Oil Coolers
• Residential Condensers
• Industrial Condensers
• Condenser and Evaporator Coils
• Heater Core
• Fan Shroud Assembly
• R&D Testing and Validation Services

Quantifiable outcome

• 30% higher heat efficiency with micro-channel technology
• +5 more outcomes

Named customers10 records

Segments7 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core.

• Hanon Systems (Japan & Thailand)coreOEM/ Whitelabel/ Licensing Partner · 1 January 2016Expansion of CRFM manufacturing under Hanon Systems license to Japan and Thailand operations for Toyota worldwide supply.
• Behr (Japan & Thailand)coreOEM/ Whitelabel/ Licensing Partner · 1 January 2013Technical assistance and license agreement for condenser products (N17 platform). Partnership supports Teriak's position in the Asian automotive market.
• Hanon Systems (Korea)coreOEM/ Whitelabel/ Licensing Partner · 1 January 2011Technical assistance and license agreement for CRFM products for Toyota worldwide operations. Operations expanded to Japan and Thailand in 2011/2016.
• Delphi (Harrison Thermal System USA)coreOEM/ Whitelabel/ Licensing Partner · 1 January 1996Technical assistance and license agreement for HVAC and CRFM products (Opel Vectra B, Astra T3000). This partnership has enabled Teriak to compile extensive industry know-how and remain engaged with latest innovations in heat exchangers.
• Modine (Korea)coreOEM/ Whitelabel/ Licensing Partner · 1 January 1995Technical assistance and license agreement for HVAC and CRFM products for Hyundai. Partnership renewed and expanded in 2007 and 2016, demonstrating long-term strategic relationship.
• ValeocoreOEM/ Whitelabel/ Licensing PartnerTechnical assistance and license agreement for automotive heat exchanger products. Valeo is a major global automotive supplier partner.

Scale indicators9 records

Recent moves8 records

Expansion highlights4 records

Direct peers

• Hanon Systems: South Korea-headquartered supplier of automotive thermal management and HVAC modules, including HVAC and CRFM products similar to Teriak's portfolio. Also one of Teriak's TAA partners, supplying for Toyota/Hyundai programs.
• AKG Group: European heat exchanger specialist for automotive and industrial applications, including radiators and charge-air-coolers. Comparable product mix and customer base, particularly in commercial vehicle and industrial segments where Teriak also operates.
• Sanden International: Manufacturer of automotive HVAC systems, compressors and condensers. Comparable on HVAC/condenser manufacturing for OEMs, particularly in Asia, where Teriak also targets through its Hanon/Behr TAA partnerships.
• T.RAD Co., Ltd. Japanese specialist manufacturer of automotive heat exchangers (radiators, oil coolers, EGR coolers, intercoolers) serving global OEMs. Direct product-line overlap with Teriak's automotive heat exchanger portfolio.
• Calsonic Kansei (Marelli): Supplier of HVAC modules, radiators and heat exchangers for global automakers including Nissan. Now part of Marelli; competes directly with Teriak for HVAC/CRFM business on platforms such as Nissan's, where Teriak holds ASES certification.
• Modine Manufacturing: Global manufacturer of heat exchangers and thermal management modules for automotive, commercial refrigeration and industrial customers. Directly comparable product portfolio (radiators, condensers, charge-air-coolers, oil coolers) and overlapping OEM customer base, and one of Teriak's own TAA partners.
• Valeo: French Tier-1 automotive supplier with a large thermal systems business producing radiators, condensers and HVAC modules. Directly overlaps Teriak's product portfolio and global OEM customers, and is also a Teriak TAA partner.
• Mahle (Behr): Major automotive thermal management and HVAC supplier following the Behr integration. Supplies condensers, radiators and HVAC modules globally — overlapping Teriak's product mix and OEM customer list, and a Teriak TAA partner.

Emerging players

• Shandong Houfeng Group: Chinese automotive heat exchanger and radiator manufacturer serving domestic and export OEMs. Represents the low-cost competitive set that could pressure Teriak's price positioning on commoditized thermal components.

Broad incumbents

• Denso: Largest Japanese automotive components supplier, with broad thermal management and HVAC offerings serving Toyota and other global OEMs. Comparable on product technology but with vastly greater scale, geographic reach and vertical integration.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/teriakegypt
• Facebookfacebook.com/teriakgroup
• LinkedInlinkedin.com/company/teriak-group

Compliance12 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 Teriak Group