Turnover: 3.2 billion EUR (2023)

Country: France

The Atlantic group, founded in 1968 by engineers Paul Radat and Pierre Lamoure, is still owned by its two families

It is present in 10 countries and has 20 factories, including 10 in France. It is a major producer of thermal comfort solutions in France. The company has 9,400 employees worldwide in 2018, 51% of them abroad.

The Atlantic group brings together the following international brands: Atlantic, Lazzarini, Ygnis, ACV. Regional brands, particularly present in France, include:Innovert, Sauter, Thermor, Triangle Tube.

In 2018, the sales breakdown was as follows: 28% from boiler sales, 22% from water heater sales, 14% from air conditioning and ventilation, 13% from electric radiators, 13% from renewable energy, 6% from service and spare parts sales and 4% from bathroom radiators.

News

Atlantic to invest 75 million euros in five new R&D centers 03/10/2024

Heat pump specialist Atlantic to open its fourteenth factory 22/07/2024

  • Number of Atlantic Group plants in France: 13.
  • Expansion project: a fourteenth site dedicated to the manufacture of heat pumps.
  • Location of new site: Grand-Chalon area.

Energy: Atlantic ready to step up heat pump production 17/10/2023

  • Atlantic plans to start up its third PAC production plant in 2025 in Chalon-sur-Saône.
  • The new plant's production target is 180,000 units by 2028, double the Group's current output.
  • The Group has 31 industrial sites, 15 of which are located in France.
  • Products based on this technology account for 30% of the Group's sales of over 3 billion euros.
  • The breakdown of Group sales is as follows: 45% for electric, 25% for gas and 30% for heat pumps
  • The Group's objective is to increase sales of this technology to 50%.

Atlantic chooses France for new heat pump plant 14/10/2023

  • The Atlantic Group is France's number-one heat pump manufacturer, with sales of 3.2 billion euros.
  • It has 31 industrial sites and employs 13,000 people.
  • The Atlantic Group is building a new factory in Chalon-sur-Saône, Saône-et-Loire.
  • Production is scheduled to start in 2025, with full capacity in 2028.
  • The plant will manufacture 180,000 units per year.
  • Government target of tripling the number of heat pumps manufactured in France to 1 million by 2030.

Heating: Groupe Atlantic focuses on made in France 20/04/2023

  • Groupe Atlantic achieved sales of 3 billion euros in 2021.
  • The group has become the leader in heat pumps (PAC) in France and the second-largest player in Europe.
  • Heat pumps currently account for 30% of Atlantic's sales (compared with 45% for electric and 25% for gas).
  • Atlantic's objective is to increase the share of heat pumps to over 50%.
  • France accounts for half of Atlantic's sales.
  • The group has 31 industrial sites, including 15 in France.
  • By 2022, Atlantic has recruited 1,500 people, including 1,000 in France.
  • The heat pumps market has seen further growth due to the war in Ukraine and soaring fossil fuel prices.
  • Heat pumps enable energy savings of 40-50%.
  • Atlantic has an international presence, notably in the UK (25% of sales), India, Austria and Turkey.

Atlantic acquires Clade, British CO2 heat pump specialist 18/04/2023

  • Groupe Atlantic: European specialist in heating, ventilation and air conditioning
  • 13.000 employees (half in France)
  • Sales of 3 billion euros by 2022
  • Numerous acquisitions:Acquisitions : - Ween (intelligent thermostat) - SST Warm Floor (underfloor heating) - Hautec (geothermal energy) - Thermic Energy (energy storage and primary storage tanks)
  • Takeover of British company Clade Engineering Systems
  • Expert in "natural" refrigerants - Cutting-edge technology using CO₂ as refrigerant for collective heat pumps (50 kW to over 1 MW)
  • Based in Bristol - 89 employees - Sales of 28 million euros
  • The "United Kingdom, Republic of Ireland and North America" Division accounts for 20% of Atlantic's sales and workforce

Financial Data

DUNS: 538485384

Legal Name: SCGA

Address: 44 BD DES ETATS UNIS , 85000 LA ROCHE-SUR-YON

Number of employees: Entre 250 et 499 salariés (2020)

Capital: 40 000 000 EUR


Financial Data:

Year 2021 2020 2019 2018 2017 2016 2015
Turnover 65 369 181 58 009 562 61 156 294 56 255 319 53 835 694 42 224 440 28 504 774
Gross margin (€) 65 407 242 58 681 286 61 164 980 56 353 007 53 838 157 42 224 800 28 504 774
EBITDA (€) 3 057 079 2 571 880 3 775 598 2 289 911 3 126 574 3 011 837 1 880 723
Operating profit (€) 2 779 154 2 979 653 3 272 445 2 174 837 2 600 652 2 932 847 1 828 260
Net profit (€) -872 778 13 648 46 454 41 528 67 159 894 807 638 814
Turnover growth rate (%) 12,7 -5,1 8,7 4,5 27,5 48,1 -
Ebitda margin rate (%) 4,7 4,4 6,2 4,1 5,8 7,1 6,6
Operating margin rate (%) 4,3 5,1 5,4 3,9 4,8 6,9 6,4
Working Capital (turnover days) 23,3 30,1 24,2 21,6 21,8 22,7 19,9
Working Capital requirements (turnover days) 141,1 88,6 -6,7 -12,5 120,3 169,5 136
Net margin (%) -1,3 - 0,1 0,1 0,1 2,1 2,2
Added value / Turnover (%) 77,2 78,4 70,3 70 70,6 68,6 67
Wages and social charges (€) 46 580 771 41 575 491 38 139 217 36 141 024 33 960 267 25 220 830 16 699 834
Salaries / Turnover (%) 71,3 71,7 62,4 64,2 63,1 59,7 58,6

Company Managers:

Position First Name Last Name Age Linkedin
Président Thierry Marie Claude Gonzague DE ROQUEMAUREL 63

Studies mentioning this company

The heat pump market - France

Other companies mentioned:

  • Atlantic Groupe
  • BDR Thermea (De Dietrich, Remea, Baxi)
  • Daikin (France)
  • Vaillant Group (Saunier Duval)
  • Systemair
  • Comafranc
  • Richardson
  • Hervé Thermique groupe
  • Saint-Gobain Groupe
  • Carrier Global
  • Giordano Riello Group (Aermec)
  • Chappée (BDR Therma)
  • Intuis (Muller Groupe)
  • Airton
  • Beretta clima (Carrier)
  • Bosch Thermotechnology
  • BSB Europe (Broad group)
  • Weishaupt
  • Warmpac
  • Warmpool
  • Viessmann (France)
  • Toshiba Climate
  • Toshiba Corporation
  • Thermocold (Ingersoll Rand)
  • Nibe Energy System (Technibel)
  • Stiebel Eltron
  • Panasonic
  • SCAAF
  • Saunier Duval (Groupe Vaillant)
  • Samsung Electronics France
  • BAXI Boilers
  • Chaffoteaux (Ariston)
  • Ariston Thermo
  • CIAT (Carrier)
  • Riello (Carrier)
  • EID
  • Erset
  • Frisquet
  • Heliopac
  • Johnson Controls
  • Kuthe
  • LG Electronics France
  • Mitsubishi Electric
  • MTA Cooling Conditionning
  • Nextherm
  • REMKO
  • Lennox International
  • Airwell (Systemair Groupe)
  • Alpha Innotec (Nibe Group)
  • Bosch
  • Systemair Groupe
  • Rexel
  • Arkteos (Actidis Groupe)
  • Aldes Aerolique
  • Idex
  • Arkeon Energy Systems
  • Xterma Energies
The air conditioning market - France

Other companies mentioned:

  • Ariston Thermo
  • BDR Thermea (De Dietrich, Remea, Baxi)
  • Daikin (France)
  • Systemair
  • Lennox International
  • Saint-Gobain Quartz
  • Rexel
  • Comafranc
  • Richardson
  • Hervé Thermique groupe
  • Atlantic Groupe
  • Vaillant Group (Saunier Duval)
  • Carrier Global
  • Airwell (Systemair Groupe)
  • Systemair Groupe
  • Viessmann (France)
  • Airvance
  • Mitsubishi Electric France
  • Carrier Refrigeration France
  • LG Electronics France
  • Frisquet
  • Idex
  • Soler & Palau
The heating market - France

Other companies mentioned:

  • Vaillant Group (Saunier Duval)
  • Atlantic Groupe
  • Poujoulat
  • Butagaz
  • Intuis (Muller Groupe)
  • Saunier Duval (Groupe Vaillant)
  • Ariston Thermo
  • Axenergie
  • Eisox
  • Yahtec
  • Cedeo
  • Chappée (BDR Therma)
  • BDR Thermea (De Dietrich, Remea, Baxi)
  • Chaffoteaux (Ariston)
  • Wilo
  • Fauché Groupe