Company Overview
Snapshot
Founded in January 1973, Magen eco-Energy operates with 51–200 employees. The company specializes in solar thermal solutions and in May 2012, it acquired UMA Solar and Heliocol USA, expanding its market presence.
Business overview
Magen eco-Energy specializes in the research, development, production, and marketing of solar swimming pool heating solutions, swimming pool water treatment systems, and corrosive-resistant heat exchangers. The company's core technology is overmolding injection, which enables the manufacture of seamless, leak-proof, integrally molded thermoplastic units. Magen eco-Energy serves various industries including metal finishing, semiconductor, chemical, and agricultural sectors, operating within the Energy Tech and Climate Tech sectors.
Strategic signal
In May 2012, Magen eco-Energy acquired UMA Solar and Heliocol USA. This strategic acquisition significantly expanded the company's market reach and product portfolio within the solar thermal industry, signaling a strong move towards consolidation and growth in the renewable energy sector.
Log in to access full profile ›Company Intelligence Q&A
- What is Magen eco-Energy's core business?
- Magen eco-Energy specializes in the R&D, production, and marketing of solar swimming pool heating solutions, swimming pool water treatment systems, and corrosive-resistant heat exchangers.
- When was Magen eco-Energy founded?
- Magen eco-Energy was founded in January 1973.
- What significant acquisition did Magen eco-Energy make?
- In May 2012, Magen eco-Energy acquired UMA Solar and Heliocol USA, expanding its market presence and product portfolio in the solar thermal sector.
- What is the primary technology used by Magen eco-Energy?
- At the core of Magen eco-Energy's product lines is its overmolding injection technology, which enables the manufacture of seamless, leak-proof, integrally molded thermoplastic units.
- What strategic partnership did Magen eco-Energy enter into?
- In June 2014, Magen eco-Energy and Soletrol entered into a strategic agreement to collaborate on solar thermal solutions.