About us
Munters is a global leader in climate control solutions for mission-critical processes. Through innovative technologies, we create the most optimal climate for demanding industrial and agricultural applications where controlling humidity, temperature and air quality is mission-critical. By offering cutting-edge climate control systems we assist our customers in a wide range of industries, from battery and pharmaceutical to data center cooling and food production. With our innovative and efficient products and solutions, we secure their operations and production quality as well as limit the use of energy and water.
For customer success and a healthier planet
Digitization, AI, electrification, and decarbonization—today's megatrends make us more relevant than ever.
Our energy-efficient products, solutions, and digital offerings position us perfectly to address some of the world's biggest challenges, driving our customers' success and supporting a healthier planet.
To fulfill this promise, we're focusing on less—less material, less energy, less transportation, and less waste. This approach extends across our operations and the entire lifecycle of our products.
By combining our cutting-edge technology and expertise with smart connectivity and AI-powered software, we're pushing resource efficiency further, empowering our customers to achieve their goals with a minimal footprint.
Munters operates within three different business areas
AirTech
AirTech is a global leader in energy-efficient air treatment for industrial applications. This is delivered through climate solutions, components, and services for business-critical processes that require precise control of humidity and temperature.
Data Center Technologies
Data Center Technologies is a market-leading provider of advanced climate solutions for cooling data centers. With a diversified product portfolio and extensive application knowledge, we create sustainable climate solutions for data center operators around the world.
FoodTech
FoodTech is one of the world’s leading suppliers of energy-efficient climate systems for livestock farming and greenhouses. In addition to this, software for controlling and optimizing the entire food production value chain is offered.
Munters in brief
Net Sales*, MSEK |
Adj EBITA margin*, % |
Innovative solutions since |
13,930 |
13,2% |
1955 |
Number of employees |
Production plants |
Sales in numbers of countries |
5,100 |
22 |
>45 |
*Full-year 2023
Our core values
Sustainable value creation
We create a sustainable and lasting value in everythings we do. We create offers and markets that have not yet been defined - we are market pioneers.
Passion for results
We dare to make decisions even in times of uncertainty. We follow up and deliver on what we promise and celebrate when results are achieved.
Always finding a better way
We are innovative and constantly want to improve. We strive for excellence in everything we do.
Team spirit
We know the benefits of working together. We share ideas and common goals with a passion to win and we have fun along the way.
Our strategy - creating sustainable growth
Sustainability in every aspect of the business
Integrating sustainability into every aspect of our business strategy is vital for the good of our people, planet and profitability. We focus on delivering on Munters strategic priorities while upholding sustainable practices with unwavering ethics.
We support human rights, diversity and inclusion, workplace safety, and environmental responsibility. As a leader in innovative air treatment and climate control solutions, we continually enhance our processes. Our strong relationships, motivated employees and ethical foundation contribute to Munters industry leadership. Sustainability is integral to our business strategy, reinforcing our commitment to create sustainable value.
Leading technology
With a rich history of pioneering discoveries, numerous patents, and extensive application expertise, we have established a leading position in the market.
Our strong collaboration with customers enhances the precision and efficiency of our innovation efforts. Each business area takes responsibility for research and development in their respective product domains, utilizing technology centers in close proximity to customers with the objective of providing groundbreaking technology that delivers significant value to customers.
Our starting point is rooted in energy and resource-efficient climate solutions, enabling us to remain at the forefront of industry development and contribute to sustainability. We maintain a continuous investment focus on core technologies, solutions, and digitization to optimize our product portfolio and innovation and production processes. Leveraging our vast knowledge in specific applications and access to unique technology, often developed in-house, we can offer the most effective solutions to customers, whether in battery production, data center cooling, or agricultural buildings.
Driving growth in key market segments
As a global leader, Munters excels in providing innovative and sustainable climate control solutions. For instance, our products and software optimize indoor climate conditions for livestock farming and greenhouses, pivotal to enhancing the entire food production value chain. Favorable market conditions, driven by electrification, increased digitalization and other factors, help us gain a competitive advantage.
We aim to become a market leader – among the top three suppliers – in specific market segments. Those we prioritize are battery production, food production, data center cooling, and software for food production and services.
We continuously evaluate and enhance our portfolio to remain at the forefront.
Being our customer’s preferred partner
Since its inception, Munters has maintained a close and collaborative partnership with our customers, cultivating specialized knowledge in niche markets. This unique approach enables us to offer tailored climate control solutions across various industries, emphasizing sustainability through high-quality, energy-efficient air treatment and precise temperature and humidity management. Our commitment to high ethical standards and professionalism is fundamental to our success.
Our goal is to become the preferred partner for our customers. To achieve this, we are dedicated to deepening our connections with them, gaining a comprehensive understanding of their current and future business needs.
By integrating customer feedback with our extensive expertise in applications, technology, and components, we ensure our climate control solutions and services are not only innovative but also closely aligned with our customers evolving demands.
Key elements include:
- driving customer success through sustainable climate control solutions
- customization based on specific criteria and application requirements
- maintaining a local presence for reduced lead times and logistics efficiency
Employees – the lifeblood of our business
Employee engagement fosters innovation, strong customer bonds and workplace efficiency. A diverse and inclusive culture embraces collaboration, sparking opportunities to learn from one another as well as develop individually on a personal level. Brainstorming about tomorrow’s energy-efficient climate control solutions creates value. And by creating value, we contribute to the success of our customers and partners and a better world.
Attracting, retaining and growing talent is critical to our success. That is why Munters strives to be an employer of choice where sound leadership provides the foundation for engaged, high-performing teams. Among our priorities: are work-life balance, workplace flexibility, defined career pathways and individual professional development, and zero-tolerance policies for harassment and discrimination.
Excellence in everything we do
We constantly improve our operations, enhancing efficiency and productivity while reducing our carbon footprint. Munters supports the principles of responsible business practices, high ethical standards on human rights, diversity and inclusion, and workplace health and safety. To raise performance while minimizing environmental impact, we prioritize digitalization, scaling best practices, and optimizing our global processes, ensuring high-quality deliverables and cost-effective operations.
Corporate Governance
Munters adheres to the Swedish Corporate Governance Code, ensuring a standard beyond the basic legal requirements. This 'comply or explain' approach allows us to tailor governance practices to our unique needs while maintaining transparency. Our commitment to the Code's principles begins with our Nasdaq Stockholm listing, barring specific exceptions detailed in our annual governance reports.
Our History
Munters, established in 1955 by inventor Carl Munters, has played a leading role in the climate control solutions industry. Carl's deep understanding of thermodynamics and his ability to translate that knowledge into groundbreaking technology made Munters a pioneer in climate control. His legacy of innovation and engineering, evident in his hundreds of patent applications, continues to inspire our work at Munters today.
Explore how Munters creates value in society
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Battery production
Munters supplies ultra-dry air to a large share of the production facilities of batteries for electric vehicles worldwide. We also help reduce electricity use during production, thereby shrinking the industry’s climate footprint.
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Data center cooling
Data centers drive the global digital economy and account for 1.3% of electricity use worldwide. Munters next-generation cooling and humidification technologies control the indoor environment efficiently and reliably, keeping energy costs low and business moving forward.
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Food and agriculture
Global food security calls for a more sustainable approach to food production. Munters climate control solutions support resource-efficient indoor crop cultivation and enhanced livestock productivity, contributing to a sustainable food future.
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