Oy Meyer Vastus Ab
Meyer Vastus is a Finnish manufacturer of electrical heating elements, temperature control systems, and ATEX-certified explosion-proof heaters, serving industrial, HVAC, energy, and OEM customers worldwide from its Askola facility since 1938, as part of Sweden's NIBE/Backer Group.
- Company typePrivate
- Founded1938
- HeadquartersAskola, Finland
- Headcount—
- GTM typeB2B
- OfferingHardware or Manufacturing
What Oy Meyer Vastus Ab does
Oy Meyer Vastus Ab is a Finnish privately-held manufacturer of electrical heating elements and temperature control systems, founded in 1938 and headquartered at its own production facility in Monninkylä, Askola, Finland. The company has been a subsidiary of Sweden's NIBE Industrier group through Backer Group since 1998, giving it access to a global network of 87+ companies across 27 countries and 11,400+ employees. Meyer Vastus designs, manufactures, and sells a broad catalog covering tubular elements, cartridge heaters, immersion heaters, duct heaters, flow-through heaters, ATEX-certified explosion-proof heaters, heating cables (resistance, self-limiting, mineral), cartridge/band/ring/silicone-mat/IR heaters, high-temperature heating tapes (up to 900°C), industrial ovens and furnaces (Meyer, SNOL, Nabertherm), liquid heaters, and temperature sensors, controllers, and thermostats. Alongside hardware, it offers SolidWorks-based thermal/flow simulation design services, expert consulting (including fossil-to-electric transition advisory), and an industrial heater repair service. The company runs a B2B sales-led go-to-market with dedicated product managers and product specialists covering each category, multilingual direct-contact channels (English, Finnish, Swedish), worldwide shipping from the Askola facility, and a Fastlane short-lead-time option for urgent orders. It serves industrial and OEM customers across seven named verticals — industrial/project, HVAC, energy/environment, advanced technology, commercial appliances, home appliances, and transport — with the first three flagged as primary. Revenue is generated through hardware sales, professional engineering services, and aftermarket repair, with quote-based pricing that is not publicly disclosed.
Oy Meyer Vastus Ab firmographics
Firmographics- Name
- Oy Meyer Vastus Ab
- Legal name
- Oy Meyer Vastus Ab
- Website
- https://meyervastus.com
- Company type
- Private
- Founded year
- 1938
- Operating status
- Operating
- Short description
- Meyer Vastus is a Finnish manufacturer of electrical heating elements, temperature control systems, and ATEX-certified explosion-proof heaters, serving industrial, HVAC, energy, and OEM customers worldwide from its Askola facility since 1938, as part of Sweden's NIBE/Backer Group.
- Ownership category
- akta.pro rank
Oy Meyer Vastus Ab industry classification
Industry- Product category
- Industrial Heating Elements
- NAICS
- Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Heating Equipment (except Warm Air Furnaces) Manufacturing (333414), Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512)
- SIC
- Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Industrial Process Furnaces & Ovens (3567), Electrical Industrial Apparatus (3620)
- akta.pro primary industry
- Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers) (IMAHAEAC)
- akta.pro secondary industries
- HVAC & Industrial Ventilation (Chillers, AHUs, Exhaust, Filtration) (EUAEAFAE), Air Handling Units (AHUs) & Rooftop Units (RTUs) (IMADANAA)
Keywords
Where Oy Meyer Vastus Ab is headquartered
LocationHeadquarters
- HQ city
- Askola
- HQ country
- Finland
- HQ region
- Europe
Offices1 record
Markets served
Oy Meyer Vastus Ab business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Heating Element Manufacturing and Sales: Design, manufacture, and sale of electrical heating elements and components. Products include tubular elements, cartridge heaters, immersion heaters, duct heaters, flow-through heaters, heating cables, temperature sensors, thermostats, and industrial ovens. Revenue generated from product sales with both standard and custom configurations.
- Engineering and Consultation Services: Expert services including heating needs assessment, solution selection, design services, and technical consultation. Design service includes preliminary consultation, concept development, detailed engineering, prototyping, and final documentation. Simulation services for flow-through and duct heaters available as add-on service.
- Repair and Maintenance Services: Repair services for industrial electric heaters including diagnostic inspection, repairs, and component replacement. Ensures heating systems are restored to optimal performance.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Standard heating elements and components |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Oy Meyer Vastus Ab product offering
Product offeringCore offering
Oy Meyer Vastus Ab is a Finnish manufacturer of industrial electrical heating elements and temperature control systems. The company designs, produces, and sells tubular elements, cartridge heaters, immersion heaters, duct heaters, flow-through heaters, heating cables, ATEX-certified explosion-proof heating products, industrial ovens and furnaces, and a full range of temperature sensors, controllers, and thermostats. It complements its manufacturing with custom engineering, SolidWorks-based simulation, expert consulting, and industrial heater repair services, serving industrial, HVAC, energy, transport, and appliance customers worldwide from its production facility in Askola, Finland.
Product overview
Oy Meyer Vastus Ab is a Finnish manufacturer of industrial heating elements offering a comprehensive portfolio of heating solutions. The core product line includes tubular elements for air/gas/liquid heating, duct heaters, flow-through heaters, ATEX-certified explosion-proof heating products, customized heater solutions, heating cables (resistance, self-limiting, mineral), cartridge/band/ring/silicone mat/IR heaters, heating tapes (up to 900°C), industrial ovens and furnaces (Meyer, SNOL, Nabertherm brands), liquid heaters (immersion, barrel, heating hoses, chemical bath), and temperature control/measurement products (sensors, controllers, thermostats). The portfolio is complemented by accessories (heat-resistant wires, connectors) and services including custom design with simulation capabilities, expert consulting, and repair services. The company operates as part of the Backer Group/NIBE Industrier network.
Differentiator
Problem solved
Functional benefit
Products and services
- Tubular Elements Tubular heating elements for air, gas, and liquid heating applications, including vulcanized resistors and lamella resistors, used across industrial, HVAC, and appliance manufacturing.
- Duct Heaters Heaters designed for installation in air ducts, including high-temperature variants, for HVAC and industrial air-handling applications.
- Flow-Through Heaters for Air and Other Gases Flow-through heaters for air and other gases designed for continuous heating in air handling systems and industrial gas heating.
- ATEX Heating Products Explosion-proof ATEX-certified heating solutions including ATEX air/gas heaters, liquid heaters, barrel/IBC heaters, thermostats, and Ex/ATEX heating cables with accessories for hazardous environments.
- Customized Heater Solutions Customer-specific heating solutions including custom flow-through heaters, liquid heaters with bolt flanges, customer-specific duct heaters, channel heaters with finned radiators, special air/gas heaters, energy storages, and brake resistors designed and manufactured to customer specifications.
- Heating Cables Heating cable solutions including crankcase heaters, standard resistance cables, constant wattage heating cables, mineral cables, self-limiting/defrosting cables, and associated thermostats.
- Cartridge Heaters Cartridge heaters for direct heating of solids, molds, and industrial tooling.
- Silumin Elements Silumin heating elements for solid material heating applications.
- Ring and Band Elements Ring and band heating elements for cylindrical heating applications such as barrels, pipes, and rollers.
- Flexible Elements Flexible heating elements that can be shaped to fit various contours, including miniature tubular elements.
- Silicone Heating Mats Flexible silicone rubber heating mats for uniform surface heating of solids.
- IR Heaters and Accessories Infrared heating solutions including ceramic IR emitters (SFEH series) with and without thermocouples and related accessories.
- Heating Tapes and Accessories High-temperature heating tapes rated up to 900°C, including HST, HSS, HBQ, HSQ, HBV, HBSI, HBST variants, plus glass fiber tapes, insulation tubing, and velcro fasteners.
- Sealed Nozzle Heaters Sealed heating nozzles for plastic injection molding and similar applications.
- Industrial Ovens and Furnaces Industrial heating ovens and furnaces including Meyer custom ovens with Kerfa elements, SNOL furnaces, and Nabertherm furnaces, plus furnace maintenance and spare parts.
- Chemical Bath Heaters Heaters specifically designed for heating chemical baths in industrial processes.
- Immersion Heaters Immersion heaters for direct liquid heating, including oil-finned immersion heaters.
- Barrel Heaters Drum and barrel heating jackets for heating liquids in standard containers.
- Heating Hoses Flexible heating hoses for transferring and maintaining temperature of heated liquids.
- Temperature Sensors Temperature sensor probes for monitoring and controlling heating systems.
- Electronic Control Units Electronic temperature control units for automated heating system management.
- Temperature Controllers Temperature regulation devices for precise heating control.
- Mechanical Thermostats and Limiters Mechanical thermostat and safety limiter devices for heating applications.
- Heat-Resistant Wires and Cables High-temperature resistant electrical wires and cables for connecting heating elements.
- Connectors and Plugs Electrical connectors and plugs for heating element connections.
- Design Service Custom heating solution design service including preliminary consultation, concept development, detailed engineering, prototyping, final documentation, and SolidWorks-based flow and thermal simulation for flow-through heaters and duct heaters (pressure loss, sizing, temperature distribution, bottleneck and overheating analysis).
- Expert Services Technical consulting services for heating solution planning, heating needs assessment, legacy equipment evaluation, and transition from fossil fuels to electric heating.
- Repair Service Industrial electric heater repair services including diagnostics, component replacement, and restoration to optimal performance.
Companies that use Oy Meyer Vastus Ab
Customer profileSegments7 records
Ideal customer profiles6 records
Oy Meyer Vastus Ab technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Oy Meyer Vastus Ab partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Backer GroupcoreMeyer Vastus is part of Backer Group, which consists of more than 87 companies worldwide. Together they develop, produce and sell customized solutions and components for electrical heating, measurement and control for all industries including HVAC, transportation, energy & environment, home appliances, industry & projects, advanced technology, and commercial equipment. The partnership provides access to global resources and cross-industry expertise.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
Oy Meyer Vastus Ab competitors and assessment
Company assessmentDirect peers
- Hillesheim GmbH: German specialist in industrial heating elements and heating hoses. Meyer Vastus distributes Hillesheim hoses, and the two compete in industrial liquid and air heating markets.
- Tutco Heating Solutions Group: Tutco produces custom and standard electric heating elements (open coil, tubular, duct, and process heaters) for industrial OEMs. Overlaps with Meyer Vastus's customized and air/gas heating product lines.
- Chromalox: Chromalox manufactures electric heat and control products — including immersion, circulation, duct, and process heaters — for industrial and hazardous-area applications. Highly comparable to Meyer Vastus's core product portfolio.
- Backer Group / NIBE Element: Sister companies within Meyer Vastus's own Backer/NIBE parent group produce overlapping heating element portfolios across Europe, making them the closest internal peer comparables for product mix and pricing dynamics.
- Watlow Electric Manufacturing Company: Watlow is a US-headquartered designer and manufacturer of industrial electric heating elements, temperature sensors, and controllers serving similar industrial, semiconductor, and process heating markets. Direct product overlap with Meyer Vastus's tubular, cartridge, immersion, and duct heaters.
- Hotset GmbH: German manufacturer of cartridge heaters, hot runner systems, and industrial heating elements. Meyer Vastus already distributes Hotset products via its product specialists, indicating direct product/market overlap.
- Tempco Electric Heater Corporation: US manufacturer of industrial electric heaters including band, cartridge, immersion, strip, and duct heaters plus temperature controls. Direct product/market overlap with Meyer Vastus's industrial heater portfolio.
- Sinus Jevi Electric Heating B.V. Dutch manufacturer of air heaters, immersion heaters, and thermostats for industrial and hazardous-area applications. Comparable scope to Meyer Vastus's air/liquid heating lines; Meyer Vastus already represents Sinus Jevi products.
Broad incumbents
- NIBE Industrier AB: Parent conglomerate and Europe's largest electric heating manufacturer. Direct corporate parent and primary strategic/financial peer for understanding group-level positioning, even though it operates on a much larger scale.
Emerging players
- Elmatic (Cardiff) Ltd: UK-based heating element manufacturer serving industrial and HVAC customers. Smaller than Meyer Vastus but with comparable product breadth in tubular and immersion heating.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Oy Meyer Vastus Ab financial estimates
Financial estimateRevenue estimate
Valuation estimate
Oy Meyer Vastus Ab leadership team
Management profileNumber of profiles
Profiles10 records
Oy Meyer Vastus Ab funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Oy Meyer Vastus Ab 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 Oy Meyer Vastus Ab
What does Oy Meyer Vastus Ab do?
Oy Meyer Vastus Ab is a Finnish manufacturer of industrial electrical heating elements and temperature control systems. The company designs, produces, and sells tubular elements, cartridge heaters, immersion heaters, duct heaters, flow-through heaters, heating cables, ATEX-certified explosion-proof heating products, industrial ovens and furnaces, and a full range of temperature sensors, controllers, and thermostats. It complements its manufacturing with custom engineering, SolidWorks-based simulation, expert consulting, and industrial heater repair services, serving industrial, HVAC, energy, transport, and appliance customers worldwide from its production facility in Askola, Finland.
Is Oy Meyer Vastus Ab a public or private company?
Oy Meyer Vastus Ab is a private company. It is classified as corporate owned and is currently operating.
When was Oy Meyer Vastus Ab founded?
Oy Meyer Vastus Ab was founded in 1938.
Where is Oy Meyer Vastus Ab based?
Oy Meyer Vastus Ab is headquartered in Askola, Finland, in the Europe region.
How does Oy Meyer Vastus Ab make money?
Three revenue lines are on record. Heating Element Manufacturing and Sales are the primary driver. The others are engineering and Consultation Services and repair and Maintenance Services.
Who are Oy Meyer Vastus Ab's main competitors?
Direct peers on record are Hillesheim GmbH, Tutco Heating Solutions Group, Chromalox, Backer Group / NIBE Element, Watlow Electric Manufacturing Company, Hotset GmbH, Tempco Electric Heater Corporation and Sinus Jevi Electric Heating B.V.. NIBE Industrier AB is listed as a broad incumbent. Elmatic (Cardiff) Ltd is listed as an emerging player.
Does Oy Meyer Vastus Ab have an API?
No public API is recorded for Oy Meyer Vastus Ab.
What industry is Oy Meyer Vastus Ab in?
Oy Meyer Vastus Ab's product category is Industrial Heating Elements. Its primary akta.pro industry code is IMAHAEAC, Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers), with a secondary code of EUAEAFAE, HVAC & Industrial Ventilation (Chillers, AHUs, Exhaust, Filtration). Its NAICS code is 333415 and its SIC code is 3585.