Established in 1955 and headquartered in Kista, Sweden, Munters Group AB is a global leader in energy-efficient air treatment and climate control solutions. With nearly seven decades of industry expertise, Munters serves critical industries such as food processing, pharmaceuticals, agriculture, data centers, and battery manufacturing with specialized humidity and temperature control systems.
Munters is publicly traded on Nasdaq Stockholm under the ticker MTRS and operates in over 30 countries with manufacturing and sales offices strategically located to serve a global clientele. Its solutions are deeply embedded in applications where precise climate control is essential for operational efficiency, product quality, and safety.
Core Business and Product Portfolio
Munters develops and manufactures systems that manage moisture and temperature in industrial environments. Its product portfolio includes:
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Air Treatment Solutions
- Desiccant and refrigerant dehumidifiers
- Humidifiers and evaporative coolers
- Air handlers and ventilation systems
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Data Center Cooling Solutions
- Air-side economizers
- Indirect evaporative cooling systems
- Liquid cooling solutions (e.g., LCX CDU)
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Battery Manufacturing Climate Control
- Dry rooms for lithium-ion battery production
- Ultra-low dew point dehumidification (≤ -60°C)
- Modular and scalable climate systems for gigafactories
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Agricultural Climate Control
- Ventilation, cooling, and heating systems
- Climate control units like the Green RTU
- Complete solutions for poultry, swine, and dairy farming
Unique Selling Proposition
Munters is globally recognized for its energy-efficient air treatment technologies and its ability to deliver precise environmental control under challenging operating conditions. The company’s dry room solutions for lithium battery manufacturing are among the most advanced in the world, enabling ultra-low humidity environments required for safe and high-quality battery cell production.
Another strong differentiator is its sustainability-driven innovation. Munters' cooling solutions for data centers help reduce energy usage by up to 40%, supporting customers in meeting carbon neutrality targets. The company’s systems are also designed for modular scalability, allowing seamless upgrades and capacity expansion.
Financials
As a listed company, Munters discloses full financials. Key figures for fiscal year 2023:
- Net Sales: SEK 12.6 billion (~USD 1.2 billion)
- Operating Profit (EBIT): SEK 1.2 billion
- Operating Margin: 9.5%
- Order Intake: SEK 13.4 billion
- Employees: Over 4,000 globally
(Source: Munters Annual Report 2023)
International Reach & Shipment Insights
With manufacturing plants in the U.S., Sweden, China, India, and Germany, Munters fulfills thousands of international orders annually. According to trade data platforms:
- Annual Export Shipments: Over 5,600 recorded international shipments (2020–2024)
- Top Markets: United States, China, India, Germany, Brazil, and the UK
- High-volume segments: Dehumidification systems for food and pharma; battery dry room systems
(Source: ImportYeti, Volza)
Target Market
Munters serves critical and highly regulated industries that demand strict environmental control:
- Battery Manufacturing (EV industry)
- Pharmaceuticals & Life Sciences
- Food & Beverage Processing
- Data Centers & Cloud Infrastructure
- Agriculture & Livestock
- Electronics & Aerospace
Clients range from startups and research facilities to Fortune 500 corporations and government entities.
Capabilities
- In-house R&D across Europe, North America, and Asia
- Over 50 registered patents in climate and energy technology
- End-to-end project execution: design, installation, commissioning, and after-sales service
- Remote monitoring and predictive maintenance using IoT platforms
- Customized engineering for mission-critical and classified projects
Certifications and Compliance
- ISO 9001:2015 (Quality Management)
- ISO 14001:2015 (Environmental Management)
- CE-compliant products
- UL and RoHS certifications
- Battery room systems meet global standards for dew point and particle control (ISO 14644 cleanroom classification)
Customer Testimonials
“Munters helped us scale our lithium battery dry room with 100% uptime and < -60°C dew point control. Their engineering team is world-class.”
– Project Manager, EV Battery Gigafactory (USA)
“Thanks to Munters, our poultry farms maintain consistent temperature and humidity, increasing yield and reducing disease.”
– Director of Operations, Integrated Poultry Farm (India)
Major Achievements
- Selected as climate control partner for multiple gigafactory projects in Europe and North America
- Launched M300 Portable Dehumidifier, setting new benchmarks in compact industrial air drying
- Developed LCX Coolant Distribution Unit, a breakthrough in data center liquid cooling
- Achieved EcoVadis Silver Sustainability Rating
- Recipient of the Swedish Innovation Award 2022 for advancements in cleanroom dehumidification
With a commitment to sustainability, precision engineering, and global service excellence, Munters continues to be a trusted partner in creating optimal climate environments for critical industries worldwide.
