Lumelco, S.A.

Lumelco, S. A. provides efficient climate control solutions, specializing in air conditioning, refrigeration, and aerothermal systems, to enhance energy efficiency and sustainability in urban environments. Founded in 1963 and headquartered in Madrid, Spain, Lumelco, S.

A. focuses on climate control solutions. In August 2018, Beijer Ref AB acquired a majority stake in the company from Diana Capital. Lumelco has completed 2 deals to date, with its most recent deal occurring on 9 August 2018.

The company raised EUR 10. 80 mn in its latest GROWTH round, bringing the total amount raised to EUR 10. 80 mn. Lumelco specializes in efficient climate control solutions, prominently featuring air conditioning systems, refrigeration units, and aerothermal systems.

Their core offerings are built around advanced technology from Mitsubishi Heavy Industries, catering to a diverse clientele, including convenience stores, large retail spaces, and residential users, for effective temperature regulation and air treatment. Their aerothermal systems are designed for both domestic and commercial applications, promoting environmentally friendly solutions for heating and cooling, primarily serving the Spanish and Portuguese markets. In 2023, Lumelco generated a revenue of EUR 59,231,888. 20 and reported an EBITDA of EUR 6,722,753.

80. The company primarily generates revenue through B2B transactions, serving as the exclusive importer and distributor of Mitsubishi Heavy Industries' products in Spain and Portugal. Lumelco plans to utilize the recent funding to enhance its product offerings and expand into new markets. The company aims to introduce innovative climate control solutions tailored for urban environments by the end of 2024.

Additionally, Lumelco intends to explore opportunities in other European markets, increasing its geographical footprint by 2025. The recent investment from Diana Capital is expected to support these strategic initiatives, enhancing their capacity for growth.