CAREL INDUSTRIES S.p.A.

CAREL is one of the world’s leading manufacturers of control solutions for air conditioning, refrigeration and heating, and systems for improving indoor air quality. We design our products so as to bring energy savings and reduce environmental impact, thanks to the combination of the most advanced technologies and customised services, aimed at optimising the performance of equipment and systems. Our solutions are used in commercial, industrial and residential applications.

"We recognise environmental issues as a corporate priority" Francesco Nalini, CAREL Group CEO

The company’s claim, “driven by the future”, perfectly sums up the CAREL model, representing the starting point and the final goal that together encompass the process of designing, manufacturing and marketing our products and systems. Indeed, CAREL’s products are born from the hope that a better future for the planet and its people is possible. It is with this awareness that CAREL intends to follow a path to achieve, day after day, concrete and measurable sustainability objectives, for the present and future generations.

An innovative consulting and technological partner, CAREL anticipates market demands, proposing energy-efficient solutions with guaranteed high performance.

Continuous improvement is our modus operandi, the method that allows us to create a standard without being constrained by it and then gradually succeeding in surpassing it to define an even higher-level standard.

Research, innovation and technology are the keys to our success: for more than fifty years, the customer’s needs have been at the centre of the elements we develop to ensure functional and aesthetic differentiation, all with a sustainable approach.

Our Group’s strength lies in the integration between the different areas; our overall vision, experience and transversal competencies mean we can exceed the boundaries of individual products and represent a single partner that can identify integrated application solutions.

Innovation as a business model

Research & Development are at the heart of our commitment. Every year the 4% of consolidated revenues is allocated to Research & Development, in order to provide cutting-edge solutions that anticipate customer needs. Out of more than 2400 employees, around 13% work in Research & Development. CAREL also has a number of laboratories devoted to thermodynamics and humidification, true areas of excellence in their reference sectors.

Most of our employees are aged between 30 and 50, with an average age of 37.7 for men and 34.7 for women.

Our commitment to continuous training across all company areas to ensure development of our personnel, both in terms of technical skills and soft skills, is also significant.

Carel Culture Code

CAREL has introduced what is a true cultural manifesto, to be applied at all levels across the Group and involving all roles at the company, based on five main pillars: Be Open, Experiment, Care, Think Customer First and Make the Difference.

Values to be reflected in all of the company’s employees, who are committed to achieving them through their work.

Endless reliability

Our responsibility to our customers far exceeds the revenues we generate. Indeed, the products we make are components that account for approximately 2 to 10% of the value of our customers’ finished products, depending on the application.

As these elements are hard to replace, to guarantee the supply of our components even in extremely difficult situations, we have adopted a disaster recovery system that sees most of our products manufactured in at least 2 different sites.

The taste of natural growth

Founded in 1973, in 2023 CAREL posted consolidated revenues of 650 million euros (+19.3% higher than 2022). CAREL can rely on an extensive and well-structured sales and customer support network. The Group comprises 47 subsidiaries and runs 15 production plants across the entire world. Together with these are partners and distributors in a further 75 countries.