Thermo King Overview

  • Year Founded
  • 1938

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 2

  • Investments
  • 5

Thermo King General Information

Description

Manufacturer of temperature control systems, designed for transport refrigeration purposes. The company includes transport refrigeration, HVAC products, and refrigeration technologies, enabling the logistics industry to transport perishable goods safely and efficiently with precise temperature management, durability, and reliability across trucks, trailers, containers, and rail cars.

Contact Information

Formerly Known As
Thermo-King Corp.
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Corporate Backed or Acquired
Corporate Office
  • 314 West 90th Street
  • Bloomington, MN 55420
  • United States
+1 (952)
Primary Industry
Other Commercial Products
Other Industries
Marine
Road
Rail
Parent Company
Vertical(s)
Corporate Office
  • 314 West 90th Street
  • Bloomington, MN 55420
  • United States
+1 (952)

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Thermo King Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Thermo King Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Manufacturer of temperature control systems, designed for transport refrigeration purposes. The company includes transpo
Other Commercial Products
Bloomington, MN

Friedrichshafen, Germany
 

Auburn Hills, MI
 
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Thermo King Competitors (3)

One of Thermo King’s 3 competitors is ZF Friedrichshafen, a Private Debt Financed company based in Friedrichshafen, Germany.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
ZF Friedrichshafen Private Debt Financed Friedrichshafen, Germany
BorgWarner Corporation Auburn Hills, MI
Global Pmx Corporation New Taipei, Taiwan
You’re viewing 3 of 3 competitors. Get the full list »

Thermo King Patents

Thermo King Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
GB-202210926-D0 A refrigeration module Inactive 26-Jul-2022
DE-202022104304-U1 Cooling module Active 26-Jul-2022
US-11975595-B2 Clutch burnishing Active 31-Jan-2022
US-20230241945-A1 Clutch burnishing Active 31-Jan-2022
US-20220381260-A1 High efficiency axial fan Active 28-May-2021 B60H1/00014
To view Thermo King’s complete patent history, request access »

Thermo King Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Thermo King Acquisitions (5)

Thermo King’s most recent deal was a Merger/Acquisition with Thermo King Midwest. The deal was made on 08-Sep-2026.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Thermo King Midwest 08-Sep-2026 Merger/Acquisition Distributors/Wholesale
Thermo King Deutschland 04-May-2026 Merger/Acquisition Distributors/Wholesale
Cstk 05-Feb-2026 Merger/Acquisition Distributors/Wholesale
Klinge 01-Aug-2024 Merger/Acquisition Machinery (B2B)
Celtrak 08-Oct-2015 Merger/Acquisition Application Software
To view Thermo King’s complete acquisitions history, request access »

Thermo King Affiliates

Subsidiaries (5)

Name Industry Location Year Founded
Cstk Overland Park, KS 1975
Thermo King Deutschland Ulm, Germany 1971
Thermo King Midwest Indianapolis, IN 1957
Klinge York, PA 1948
The Thermo King Ireland Pension Scheme Galway, Ireland

Thermo King FAQs

  • When was Thermo King founded?

    Thermo King was founded in 1938.

  • Where is Thermo King headquartered?

    Thermo King is headquartered in Bloomington, MN.

  • What industry is Thermo King in?

    Thermo King’s primary industry is Other Commercial Products.

  • Is Thermo King a private or public company?

    Thermo King is a Private company.

  • What is Thermo King’s current revenue?

    The current revenue for Thermo King is .

  • Who are Thermo King’s investors?

    Westinghouse Electric Company has invested in Thermo King.

  • Who are Thermo King’s competitors?

    ZF Friedrichshafen, BorgWarner, and Global Pmx are competitors of Thermo King.

  • When was Thermo King acquired?

    Thermo King was acquired on 01-Jan-1997.

  • Who acquired Thermo King?

    Thermo King was acquired by Trane Technologies.

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