Nordic Climate Group
For a better climate
Sectors
Business ServicesWebsite
www.nordicclimategroup.seNordic Climate Group (NCG) is a provider of services and installations of cooling and heating systems across Sweden, Norway and Finland. NCG focuses on helping their customers minimize climate footprint through maximizing energy efficiency and by driving the shift towards climate neutral refrigerants. NCG’s success to date is a result of entrepreneurial spirit, decentralized operations with cooperation within selected areas such as in winning new business, recruitment & training, procurement, and sharing of technological know-how.
Why we believe in Nordic Climate Group
- Attractive niche with strong tailwinds driven by need to improve energy efficiency in buildings and industrial processes, combined with high barriers to entry due to high technical requirements
- NCG is the Nordic market leader with a group of high performing reputable local companies and strong entrepreneurship
- Opportunity to continue consolidation of existing and new geographies and reap benefits of scale for all stakeholders
About Nordic Climate Group
2023 turnover (CY)
EUR 343M
Employees
1000
Investment date
Jun 2022
Fund
Fund V
Team
Fredrik Gren | CEO
Related
News | Press release
16 May 2022
Altor to acquire Nordic Climate Group – becomes majority owner
Conversation | Case
An innovative partnership
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Driving success
The leading tyre distributor Nordic Tyre Group reports strong growth accelerated by Electrical Vehicle transition.
Conversation | Perspective
Building the green transition
We can’t be dependent on fossil fuels in the future. Altor plans to be a part of Europe’s green transition, driving an industrial revolution and helping the whole continent decarbonize.
Conversation | Case
OX2 – the wind of change
There is an urgent need to change our habits and energy-use, as society increasingly moves away from high-carbon energy sources - the demand for alternative sources increase. Wind and solar farms are critical for this shift.
Conversation | Spotlight
Driving the green energy transition
Watch the interview with Matilda Elfving Hauan, Director, talking about partnering up with Svea Solar and OX2, two companies building new green business within the energy industry.
Conversation | Case
Supplying the supply chain
Starting out small in Aalborg, Denmark in the early 1950’s – Wrist Ship Supply has grown to become a true global leader with offices across the globe. Today, Wrist is creating digital solutions previously unknown to the shipping world.
Conversation | Case
Never ending energy
Sailing on strong tailwinds, OX2 has taken on one of the great challenges of our time. To make renewable energy available while generating benefits for both environment and investors.
Conversation | Case
Bringing torque to the tyre industry
Building an international platform for the tyre distribution industry might not sound like the most exciting journey. But bear with us, this story is about how a shift in software development and transportation revolutionized everything.
Our Business Services community
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What we’re reading
News | Bloomberg
06 Jan 2024 — bloomberg.com
The $200 Billion Video Game Industry Is a Climate Opportunity
News | The Economist
17 Dec 2023 — economist.com
Which economy did best in 2023?
News | Bloomberg
04 Aug 2023 — bloomberg.com
Heat Pumps, Electric Cars, Home Solar:
The Climate Dads Have Arrived
News | Bloomberg
25 May 2023 — bloomberg.com
How Silicon Valley Got Into Investing in Climate Tech