Munters Group AB - Company Profile
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Munters Group AB (Munters) is a provider of climate control solutions. It offers solutions for humidity control, air and water-based cooling, and air purification. It provides advanced climate control systems for demanding processes in battery manufacturing, pharmaceuticals, and food production. Munters also provides energy-efficient air treatment, gas treatment systems, and climate solutions for data center cooling. The company offers digital solutions for the food production value chain through its FoodTech business. It provides customized products such as dehumidifiers, droplet separators, and air pollution control solutions. It serves the automotive, chemicals, defense, and electronics industries. The company operates in the Americas, EMEA, and APAC regions. Munters is headquartered in Stockholm, Sweden.
Headquarters
Sweden
Address
Borgarfjordsgatan 16, Kista, Stockholm, 16426
Website
www.munters.com/sv-se
Telephone
46 8 6266300
No of Employees
5,000
Industry
Construction
Ticker Symbol & Exchange
MTRS (STO)
Revenue (2024)
$1.5B
-4.8%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-89.1%
(2024 vs 2023)
Market Cap*
$3.3B
Net Profit Margin (2024)
XYZ
-88.6%
(2024 vs 2023)
* As of and is in US$
Munters Group AB premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Dehumidifier | Munters Service Agreements |
| Droplet separator | Installation, Start-Up and Commissioning |
| Coolers and humidifiers | Maintenance And Repairs |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Plans/Strategy | In June, the company announced its plans to sell its FoodTech business area. |
| 2026 | Acquisitions/Mergers/Takeovers | In June, the company acquired Optifarm, a provider of AI-driven livestock monitoring solutions. |
| 2026 | New Product Approvals | In May, the company launched Speria, a new commercial brand for its FoodTech business area. |
Competitor Comparison
| Key Parameters | Munters Group AB | Daikin Industries Ltd | Lennox International Inc | Beijer Ref Ab | Lindab International AB |
|---|---|---|---|---|---|
| Headquarters | Sweden | Japan | United States of America | Sweden | Sweden |
| City | Kista | Osaka | Richardson | Malmo | Bastad |
| State/Province | Stockholm | Osaka | Texas | - | - |
| No. of Employees | 5,000 | 103,544 | 12,900 | 7,082 | 4,979 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Magnus Nicolin | Chairman | Executive Board | 2022 | 70 |
| Klas Forsstrom | Chief Executive Officer; President | Senior Management | 2019 | 59 |
| Katharina Fischer | Chief Financial Officer; Vice President | Senior Management | 2023 | 55 |
| Kaspar Kirchmann | Group Vice President - Legal and Group Counsel | Senior Management | 2024 | 45 |
| Stefan Aspman | President - Data Center Technologies; Group Vice President | Senior Management | 2022 | 45 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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