Fanair SL

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Fanair SL - overview

Established

1993

Location

Madrid, -, Spain

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

About

Fanair SL, based in Madrid, Spain, specializes in offering HVAC equipment and ventilation products tailored for professionals in the heating and cooling industry. Founded in 1993, Fanair SL focuses on the distribution of climate control solutions. The company has maintained a consistent business strategy throughout its history and operates from its headquarters in Madrid, Spain. It has completed one deal, with the most recent deal dated November 19, 2025, when it was acquired by Ipcom NV, a portfolio company of Astorg.


Fanair S. L. specializes in the distribution of climate control and ventilation products exclusively for HVAC professionals. Their comprehensive product lineup includes air purifiers, HVAC equipment, ventilation systems, and installation accessories, catering to both residential and commercial projects.


The company partners with premium brands like Panasonic and Daikin, ensuring a high-quality offering for installers and contractors. Fanair operates on a B2B transaction model, focusing on direct sales to professional installers and contractors. Revenue is generated through the sale of HVAC and ventilation products, including the Uponor Quick&Easy system and Panasonic's ECOi EX series. The company maintains a straightforward pricing structure, allowing clients to purchase products as needed, with bulk purchasing options available for larger projects.


This model supports a consistent revenue stream as professionals rely on Fanair for timely delivery and a broad inventory of essential supplies, coupled with training and logistical support for installation. In November 2025, Fanair SL was acquired by Ipcom NV, facilitating expansion in Southern Europe. The acquisition will enable Fanair to enhance its product offerings and potentially introduce new climate control solutions. Although specific new products and release dates were not detailed, the acquisition suggests a strategic focus on leveraging Ipcom NV's resources for market expansion.


This move aligns with their goal to enhance their presence in the region and diversify their offerings for HVAC professionals.


Current Investors

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

Sub Industries

Heating, Cooling & Ventilation Equipment and Services

Website

www.fanairsl.com/

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Fanair SL - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedFanair SL-

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