Ultra Fog AB
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Ultra Fog AB - overview
Location
-, -, Sweden
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
About
Ultra Fog AB provides advanced water mist fire protection solutions, specializing in the design and implementation of tailored fire suppression systems for various sectors including maritime and land-based facilities. Ultra Fog AB is focused on delivering water mist fire protection systems that serve a diverse clientele worldwide. Founded in Sweden, the company transitioned ownership in 2010 when Industrifonden sold it to Italian fire protection company CATEF. The current CEO is Angelo Canali.
The company has conducted 2 deals, with the most recent deal occurring on 21st December 2010. Ultra Fog specializes in advanced water mist fire protection solutions, providing flexible and quality-assured systems designed to meet the diverse needs of their international clientele. Their core offerings include the design, supply, and commissioning of water mist systems certified for various applications, including marine vessels such as luxury yachts and cargo ships, as well as land-based facilities like commercial offices, hotels, and hospitals. These systems effectively extinguish fires while minimizing water damage, catering to sensitive environments.
Ultra Fog’s clients span multiple industries such as maritime, land-based infrastructure, offshore platforms, and rolling stock, serving a global market across Europe, North America, and Asia. In 2023, Ultra Fog reported a revenue of USD 3. 41 mn, alongside an EBITDA of USD -1. 74 mn.
The company generates revenue through a business-to-business (B2B) model, engaging with commercial clients across various sectors, often involving comprehensive service agreements that include design consultation, equipment supply, installation, and ongoing maintenance. Looking ahead, Ultra Fog aims to enhance its product offerings and expand its market presence. The company is working on upcoming innovations in water mist technology, planning to introduce new products by 2024. Additionally, there are strategic initiatives to penetrate new geographic markets, targeting regions in Asia and North America by 2025.
The funding from the recent deal will support these growth initiatives, particularly in developing advanced systems and entering new markets.
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
Sub Industries
Heating, Cooling & Ventilation Equipment and Services
Website
www.ultrafog.se
Verticals
Manufacturing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
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