MARTIN AG

What MARTIN AG does

MARTIN AG für Umwelt- und Energietechnik is a Swiss specialist in the design, modernization, and servicing of combustion and boiler systems for thermal waste treatment plants. Established in 1981 as a service partner for combustion systems at its Wettingen headquarters and extended in 2011 with a dedicated boiler-service and fabrication hub in Matzingen, the company serves municipal and private waste-to-energy operators across Switzerland and Central Europe. Its core offerings span the full thermal waste treatment chain: combustion grate systems (including the proprietary N53 grate bar replacing the N46 series), feed and ash handling systems, radiant and convective boiler sections, combustion air systems, and complete piping construction. Differentiated technologies include Inconel weld-overlay cladding for corrosion and wear protection, CMT welding for precision cladding and component fabrication, and — via sister company Explosion Power GmbH — the Shock Pulse Generator (SPG) for online boiler cleaning, proven across 650+ installations in 20 countries since 2009.

The company holds ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and ISO 3834 certifications and operates in-house manufacturing at Matzingen equipped with a 7-axis welding robot, 360° pipe cladding automatons, sheet cladding robots, sandblasting, portal press, and waterjet cutting. Business model is project-based B2B industrial services with quote-based pricing, comprising engineering services, component and spare-parts supply, turnkey modernization projects, and recurring after-sales service contracts with dedicated account managers and 24-hour on-call support. Customers are exclusively waste-to-energy plant operators (KVAs), predominantly municipal or quasi-governmental entities (KVA Buchs, KVA Trimmis, IWB Basel, Limeco, KEZO Hinwil, ICTR Giubiasco, Müve Biel-Seeland, GEVAG Schwandorf, HestAmbiente, HERAmbiente). Revenue is not publicly disclosed.

MARTIN AG operates as a 100% subsidiary of MARTIN GmbH für Umwelt- und Energietechnik (Munich, founded 1925, fourth-generation family business), which provides engineering support from 500+ reference plants worldwide. In July 2025, MARTIN AG increased its stake in ENPRO SCHWEIZ AG to 80%, adding flue gas treatment and project management capability, and operates within a broader MARTIN Group that includes MARTIN Caldeiras (Portugal manufacturing), MARTIN Services SAS (France), Explosion Power GmbH (SPG, Switzerland), MARTIN Environmental Technologies LP (USA), and sister entities such as Loibl Förderanlagen, LAB, and LUEHR FILTER.

Name

MARTIN AG

Legal name

MARTIN AG für Umwelt- und Energietechnik

Website

https://martin-ag.com

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

11–50 employees

Short description

MARTIN AG designs, modernizes and services combustion and boiler systems for municipal waste-to-energy plants in Switzerland and Central Europe, operating as a 100% subsidiary of the German MARTIN GmbH group from two Swiss sites.

Ownership category

akta.pro rank

Product category

Waste-to-Energy Plant Services

NAICS

Power Boiler and Heat Exchanger Manufacturing (332410), Industrial Process Furnace and Oven Manufacturing (333994)

SIC

Industrial Process Furnaces & Ovens (3567), Heating Equipment, Except Electric & Warm Air Furnaces (3433)

akta.pro primary industry

Biomass & Waste-to-Energy Plant EPC (EUAEAAAI)

akta.pro secondary industries

Industrial Furnaces, Kilns & Thermal Processing Equipment (IMAHAEAE), Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers) (IMAHAEAC)

Keywords

• Thermal waste treatment
• Waste-to-energy systems
• Combustion grate systems
• Boiler service and maintenance
• Industrial engineering services

Headquarters

HQ city

Wettingen

HQ country

Switzerland

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Engineering Services: Consultation and engineering services for thermal waste treatment plants including planning, design, construction, and project management
2. Component and Spare Parts Supply: Supply of combustion and boiler components including grate systems, membrane walls, feeders, ash extractors, and replacement parts from own production facilities and sister companies
3. Modernization Projects: Turnkey modernization projects for waste-to-energy plants including design, manufacturing, installation, and commissioning
4. After-Sales Service and Maintenance: Service partnership including annual inspections, revisions, repairs, 24-hour on-call service, and ongoing customer support for waste incineration plants

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

MARTIN AG designs, modernizes and services combustion (Feuerung) and boiler (Kessel) systems for thermal waste treatment plants. The company provides engineering, in-house manufacturing of components (membrane walls, grate bars, pipework), turnkey modernization projects, and ongoing after-sales service for waste-to-energy plants across Switzerland and Central Europe. It operates two Swiss locations — Wettingen for combustion systems and Matzingen for boiler systems — and supplies both its own fabricated parts and distributed technologies such as the Shock Pulse Generator.

Product overview

MARTIN AG is a thermal waste treatment specialist and 100% subsidiary of MARTIN GmbH (Munich), providing comprehensive engineering, manufacturing, and service solutions for waste-to-energy plants. The company operates two Swiss locations (Wettingen for combustion systems, Matzingen for boiler systems) and offers a unified portfolio combining Feuerungsservice (combustion service) and Kesselservice (boiler service). Core products span the complete thermal waste treatment chain: combustion grate systems (Verbrennungsrostsystem), feed/hopping systems (Beschickbereich), radiant sections (Strahlungszüge), convective sections (Konvektiver Bereich), ash handling (Schlackensystem), combustion air systems (Verbrennungsluftsystem), and pipe construction (Rohrleitungsbau). Manufacturing capabilities in Matzingen and via subsidiary MARTIN Caldeiras (Portugal) support their service offerings. The company also distributes the Shock Pulse Generator (manufactured by sister company Explosion Power) for online boiler cleaning.

Differentiator

Problem solved

Functional benefit

Products and services

• Thermische Abfallbehandlung (Thermal Waste Treatment Systems)
• Feuerungsservice (Combustion Systems Service)
• Kesselservice (Boiler Systems Service)
• Beratung & Engineering (Consulting & Engineering)
• Neubauprojekte & Modernisierung (New Plant Projects & Modernization)
• Revisionen, Ersatzteillieferung & Fertigung (Revisions, Spare Parts & Manufacturing)
• After-Sales Service & Maintenance
• N53 Grate Bars
• Shock Pulse Generator (SPG)

Quantifiable outcome

• +20% capacity increase achieved through induced draft fan installation at KVA Trimmis
• +2 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• ENPRO SCHWEIZ AGcoreStrategic or Co-development Partner · 8 July 2025MARTIN AG increased its stake in ENPRO SCHWEIZ AG to 80% as of July 8, 2025. ENPRO provides comprehensive services for waste-to-energy plants, particularly in combustion systems and flue gas treatment. The partnership strengthens strategic service capabilities for combustion and flue gas treatment systems.
• Loibl Förderanlagen GmbHminorStrategic or Co-development Partner · 1 May 2023Acquired by MARTIN GmbH in May 2023, based in Straubing, Germany. Leading international provider of customized material transport solutions for bulk goods with special focus on energy sector. 140+ employees.
• LABminorStrategic or Co-development Partner · 1 January 2022100% subsidiary of MARTIN GmbH since January 2022, based in Lyon, France with additional offices in Six-Fours-les-Plages (France), Stuttgart and Coburg (Germany). Plans and builds integrated emission reduction plants using B.V.T. technology.
• MARTIN GmbH für Umwelt- und EnergietechnikcoreStrategic or Co-development PartnerParent company based in Munich, Germany (founded 1925). Provides strong engineering support with experience from 500+ reference plants. Coordinates new plant business in Switzerland and conducts commissioning and maintenance of Shock Pulse Generators. Family business in 4th generation.
• MARTIN Caldeiras LdacoreTechnology or Integration100% owned subsidiary based in Caldas da Rainha, Portugal (incorporated September 10, 2015). Specializes in manufacturing boiler replacement parts, particularly Inconel coatings, and provides service activities for grates and boilers. Closes gap in comprehensive customer care.
• Explosion Power GmbHcoreTechnology or Integration100% owned by MARTIN GmbH (acquired January 2016), based in Lenzburg, Switzerland. Manufactures Shock Pulse Generator (SPG) for online boiler cleaning. Technology proven since 2009 with 650+ installations in 20 countries. Operates independently from Lenzburg.
• MARTIN Services SASminorChannel Partner/ Reseller/ Distributor100% owned subsidiary founded in 2010, based in Lyon, France. Main task is maintenance of existing plants, conducting revisions and repairs, and supplying spare parts.
• MARTIN Environmental Technologies LPminorChannel Partner/ Reseller/ DistributorBranch in Rockaway/Denville, New Jersey, USA (approximately 1.5 hours west of New York). Combines office and warehouse for plant service, modernization, and spare parts delivery in North America.
• LUEHR FILTER GmbHminorStrategic or Co-development Partner100% subsidiary of MARTIN GmbH since November 2025, based in Stadthagen, Germany with subsidiaries in Austria and Poland. Worldwide operating family business with 80+ years experience in air pollution control systems. 350 employees.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Valmet: Finnish global supplier of process technologies for pulp, paper, energy and waste-to-energy, with comparable boiler, combustion and emission reduction offerings — overlapping technology footprint but serving a much broader customer base.
• Babcock & Wilcox: Global boiler and steam generation specialist with significant installed base in waste-to-energy and industrial combustion, providing comparable heat-transfer technology but as part of a broader power-generation portfolio.
• ANDRITZ Energy & Environment: Austrian-headquartered global supplier of boiler, combustion and emission reduction technologies including for waste-to-energy plants — overlapping with MARTIN AG in boiler/grate systems but operating at significantly larger scale and broader scope.
• Kawasaki Heavy Industries (Environmental Plant Division): Japanese conglomerate with a dedicated waste-to-energy plant EPC business covering grate furnaces, boilers and flue gas treatment — a much larger incumbent serving the same end-market but with global new-build focus rather than service.
• Doosan Lentjes: German-based EPC for thermal power and waste-to-energy plants, offering combustion and boiler systems on a larger scale than MARTIN AG. Overlaps on technology and end customers but addresses larger new-build projects.

Direct peers

• Hitachi Zosen Inova: Swiss-headquartered (Zurich) EPC leader for waste-to-energy plants, with similar end customers (municipal WtE operators) and overlapping scope on combustion, boiler and flue gas treatment systems. Most direct large-scale competitor to MARTIN AG's home market and modernizations.
• Keppel Seghers: Singapore-headquartered WtE and biomass EPC contractor with European operations, providing combustion systems, boiler technology and after-sales service — directly comparable to MARTIN AG's offering for municipal waste-to-energy customers.
• Steinmüller Babcock Environment: German-based specialist EPC and service provider for waste-to-energy plants with comparable focus on combustion grates, boiler technology and plant modernizations in Central Europe — directly comparable in product line and customer base to MARTIN AG.
• Standardkessel Baumgarte: German boiler plant engineering specialist serving waste-to-energy and biomass operators with combustion systems, boiler technology and service — a closely comparable niche competitor to MARTIN AG in Central Europe.
• CNIM Environment & Energy: French EPC contractor specializing in waste-to-energy and biomass power plants, offering combustion and boiler systems with service and modernization capabilities. Operates in the same European WtE service market as MARTIN AG.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInch.linkedin.com/company/martin-ag-f%C3%BCr-umwelt--und-energietechnik

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries10 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 MARTIN AG