BELIMO Holding AG
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BELIMO Holding AG, an international group of companies, is located in
Hinwil Hinwil is a Municipalities of Switzerland, municipality in the district of Hinwil (district), Hinwil in the Cantons of Switzerland, canton of Zurich (canton), Zürich in Switzerland. History The village Hinwil from which the later municipality ...
, Switzerland. The company develops, produces and markets actuators for controlling heating, ventilation and air conditioning systems. Actuators and control valves make up the company's core business, and it is considered a global leader in motor control for HVAC. Newer products have integrated
sensor A sensor is a device that produces an output signal for the purpose of sensing a physical phenomenon. In the broadest definition, a sensor is a device, module, machine, or subsystem that detects events or changes in its environment and sends ...
s and control electronics using
ASIC An application-specific integrated circuit (ASIC ) is an integrated circuit (IC) chip customized for a particular use, rather than intended for general-purpose use, such as a chip designed to run in a digital voice recorder or a high-efficien ...
s. BELIMO Holding AG employs 1,921 people and generated sales of 765 million Swiss Francs in 2021. The company is listed on the
Swiss stock exchange SIX Swiss Exchange (formerly SWX Swiss Exchange), based in Zurich, is Switzerland's principal stock exchange (the other being Berne eXchange). SIX Swiss Exchange also trades other securities such as Swiss government bonds and derivatives such as ...
(BEAN), and has been since 1995.


History

The company was founded in 1975 as BELIMO Automation AG. ''BELIMO'' is an acronym of three German words: "beraten" (advise), "liefern" (deliver) and "montieren" (install). Belimo specialized in actuators, which were delivered in 1976 for the first time. The first sales company was opened in Germany in Stuttgart in 1977. In 1979, the company's headquarters was moved to Wetzikon, Switzerland. In the mid-1980s, representatives in England, Finland, Norway, Austria, Denmark, France, Sweden and the Netherlands became independent distributors. The company expanded with the founding of BELIMO Aircontrols in the United States in 1989. In the 1990s, various Belimo subsidiaries were founded: Spain in 1990; Austria, Great Britain and France in 1993 and 1994; Canada in 1995; and Hong Kong in 1997. In the meantime, BELIMO Automation AG became a public company in 1995. In 1998, the company's name was changed to BELIMO Holding AG. International expansion continued into the 2000s, with the establishment of subsidiaries in Singapore, Poland, Sweden, Australia, India and China. In November 2002, the company moved into its new manufacturing and administration building in Hinwil, consolidating all sites in the Zurich Oberland region. At the same time, the headquarters was moved to Hinwil from Wetzikon. In 2013, Belimo expanded its US site at
Danbury Danbury is a city in Fairfield County, Connecticut, United States, located approximately northeast of New York City. Danbury's population as of 2022 was 87,642. It is the seventh largest city in Connecticut. Danbury is nicknamed the "Hat City ...
,
Connecticut Connecticut () is the southernmost state in the New England region of the Northeastern United States. It is bordered by Rhode Island to the east, Massachusetts to the north, New York to the west, and Long Island Sound to the south. Its cap ...
, to better serve the American markets. It is used for manufacturing, logistics and administration. In 2020, Belimo acquired
Montreal Montreal ( ; officially Montréal, ) is the List of the largest municipalities in Canada by population, second-most populous city in Canada and List of towns in Quebec, most populous city in the Provinces and territories of Canada, Canadian ...
-based Opera Electronics Inc., a specialist for gas detectors and sensors to monitor the quality of air.''Belimo erweitert Sensorangebot durch die Übernahme von Opera Electronics.''
Media Release Belimo (in German), 2020-12-02. Retrieved 2022-08-16.


Awards

* 2020: ControlTends (US) ''Best technical support company for the large manufacturer.'' * 2020: German trade magazine CCI (HVAC industry): ''Confidence Award.''


References

{{SMI MID companies Heating, ventilation, and air conditioning companies Swiss brands Companies based in Danbury, Connecticut Companies listed on the SIX Swiss Exchange