Frigomeccanica Group Srl

What Frigomeccanica Group Srl does

Frigomeccanica Group Srl is an Italian private limited company (s.r.l.) founded in 1970 and headquartered in Russi (Ravenna), Italy, specializing in the design, engineering, procurement, installation, commissioning, and life-cycle servicing of turnkey HVAC-R (Heating, Ventilation, Air Conditioning and Refrigeration) systems for industrial and commercial customers. Since 2022 the company has operated as a wholly-owned subsidiary of SGR Efficienza Energetica within the diversified SGR Group, following an earlier 2019 merger with Serfrigo Srl.

The company delivers end-to-end EPC (Engineering, Procurement, Construction) projects plus ongoing maintenance, retrofit and revamping, equipment rental, and energy-efficiency managed services across five primary verticals: Oil & Gas, Industry & Power Generation (including chemical and pharmaceutical), Healthcare, Retail (commercial buildings and food retail), and Data Centers. Underlying technical capabilities include Building Management Systems for remote supervision, proprietary energy-monitoring software developed jointly with SGR Efficienza Energetica, building automation with photovoltaic integration, and precision air conditioning for data center and power-plant applications.

The commercial model is B2B enterprise project-based with recurring maintenance and full-service contracts, 24/7 technical assistance, spare parts inventory management, and dedicated rental solutions enabled through partnerships with leading HVAC-R manufacturers. Pricing is custom-quoted per project and is not publicly disclosed. The company is ISO 9001:2015, ISO 14001:2015, and UNI EN ISO 45001:2023 certified, holds Italian SOA qualification for public works execution (valid through 2030-12-10) and a Rating di Legalità from AGCM, and supports both onshore and offshore operations with a stated worldwide service footprint alongside its Italian base.

Name

Frigomeccanica Group Srl

Legal name

Frigomeccanica Group S.r.l.

Website

https://frigomeccanicagroup.com

Company type

Private

Founded year

1970

Operating status

Operating

Short description

Frigomeccanica Group Srl is an Italian turnkey HVAC-R systems integrator founded in 1970, serving Oil & Gas, Industrial & Power Generation, Healthcare, Retail, and Data Center clients with EPC delivery, maintenance, retrofit, and energy-efficiency services. The company has been a subsidiary of SGR Efficienza Energetica since 2022.

Ownership category

akta.pro rank

Product category

Industrial HVAC-R Systems

NAICS

Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415)

SIC

Refrigeration & Service Industry Machinery (3580), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)

akta.pro primary industry

Fiber Splicing, Testing & Commissioning (OTDR, Acceptance, Turn-Up) (IMAFAIAB)

akta.pro secondary industries

HVAC & Refrigeration Contracting (IMAFALAB), HVAC Equipment (Heating, Cooling & Air Handling) (IMAHAKAB)

Keywords

• HVAC-R turnkey systems
• Industrial refrigeration
• Building management systems
• HVAC maintenance services
• Energy efficiency solutions

Headquarters

HQ city

Russi

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. EPC Projects: End-to-end Engineering, Procurement, and Construction services for HVAC-R systems covering all phases from conceptual and execution engineering to procurement, supply, manufacturing, prefabrication, installation, mechanical completion, commissioning, and start-up
2. Maintenance Services: Customized maintenance and technical services ranging from 24/7 assistance to full-service contracts, including spare parts inventory management and scheduled preventive maintenance for both onshore and offshore operations
3. Equipment Rental: Temporary HVAC-R equipment rental and solutions through partnerships with leading manufacturers, providing rapid supply, installation, and assistance services
4. Retrofit & Revamping: HVAC-R system upgrades with efficiency improvements, including retrofit and revamping services to ensure longevity, optimized functionality, and cost reduction

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Frigomeccanica Group designs, manufactures, and delivers turnkey HVAC-R (Heating, Ventilation, Air Conditioning, and Refrigeration) systems covering Oil & Gas, Power & Energy, Industrial & Chemical, Healthcare, Retail, and Data Center sectors. The offering spans the full project lifecycle — conceptual and execution engineering, procurement, supply, manufacturing, prefabrication, installation, mechanical completion, commissioning, and start-up — and is supplemented by 24/7 maintenance and assistance, full-service contracts, retrofit/revamping, and short-term equipment rental.

Product overview

Frigomeccanica Group Srl offers a unified portfolio of HVAC-R (Heating, Ventilation, Air Conditioning – Refrigeration) turnkey systems and related services. The core offering comprises complete HVAC-R system design, procurement, installation, and commissioning, supplemented by six service modules: Engineering & Procurement, Installation/Testing/Start-up, Maintenance & Assistance, Retrofit & Revamping, Energy Efficiency Solutions (including Building Management System integration), and Rental & Temporary Systems. The portfolio serves Oil & Gas, Power & Energy, Industrial & Chemical, Healthcare, Retail, and Data Center sectors. In 2019, the company merged with Serfrigo Srl, and in 2022 became part of SGR Efficienza Energetica within the SGR Group.

Differentiator

Problem solved

Functional benefit

Products and services

• HVAC-R Turnkey Systems Complete Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) systems delivered as turnkey solutions spanning conceptual and execution engineering, procurement, manufacturing, prefabrication, installation, mechanical completion, commissioning, and start-up. The offering covers Oil & Gas, Power & Energy, Industrial & Chemical, Healthcare, Retail, and Data Center sectors.
• Maintenance and Assistance Services Predictive, routine, and extraordinary maintenance services for HVAC-R systems with full compliance to safety regulations in Italy and abroad, including 24/7 assistance, full-service contracts, spare parts inventory management, and scheduled preventive maintenance for both onshore and offshore operations.
• Retrofit & Revamping Services HVAC-R system upgrades with efficiency improvements, ensuring longevity, optimized functionality, and cost reduction for existing installations.
• Rental & Temporary HVAC-R Systems Temporary HVAC-R equipment supplies and installations guaranteed through partnerships with leading manufacturers, providing rapid deployment and assistance services through the rental division.

Quantifiable outcome

• 75,000 in-house man-hours annually for engineering and maintenance
• +2 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• SGR Efficienza EnergeticacoreStrategic or Co-development Partner · 1 January 2022In 2022, Frigomeccanica Group became part of SGR Efficienza Energetica, a network of companies within the SGR Group specialized in energy efficiency systems, high-performance plant engineering and installation, and renewable energy solutions. Together they develop innovative software solutions for optimized system management, real-time consumption monitoring, and detailed energy savings analysis.
• Serfrigo SrlcoreStrategic or Co-development Partner · 1 January 2019Strategic merger with Serfrigo Srl completed in 2019, which strengthened Frigomeccanica's marketplace presence and expanded capabilities in the HVAC-R sector.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• SPIE SA: European independent technical-services group delivering HVAC, electrical, and energy-efficiency projects and maintenance — closely comparable multi-vertical EPC-plus-services business model.
• Johnson Controls: Provides HVAC equipment, building automation (BMS), and integrated facility services globally — directly comparable to Frigomeccanica's BMS-led HVAC-R plus services portfolio.
• Carel Industries: Italian-listed manufacturer of refrigeration and HVAC controls and humidification systems — comparable Italian-rooted HVAC-R technology house serving refrigeration and industrial segments.
• FläktGroup: European HVAC equipment and indoor air quality solutions provider serving commercial and industrial customers — comparable in serving European industrial HVAC-R demand.
• Daikin Industries: World's largest HVAC manufacturer with growing services and integrated-solutions presence across commercial and industrial segments — comparable in scope of HVAC-R equipment integration and project delivery.
• Carrier Global: Global leader in HVAC, refrigeration, and building automation with deep industrial vertical exposure — comparable in EPC delivery, service contracts, and energy-efficiency offerings.
• Trane Technologies: Global HVAC-R manufacturer and integrated service provider serving commercial, industrial, and data center customers — directly comparable across product breadth and turnkey service model.
• Swegon Group: European supplier of ventilation, heating, cooling, and HVAC solutions for commercial and industrial buildings — comparable in product breadth and European project delivery model.
• Cegelec (VINCI Energies): French-based technical services contractor executing HVAC, electrical, and energy-efficiency projects across industrial and infrastructure clients — comparable in EPC turnkey delivery and recurring service revenues.

Broad incumbents

• Mitsubishi Electric: Large diversified industrial conglomerate offering HVAC-R equipment and integrated solutions across industrial, data-center, and commercial segments — broader portfolio but overlapping in target verticals.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/frigomeccanica-group-srl

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 Frigomeccanica Group Srl