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 leverages overmolding injection to manufacture 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 sector with a focus on eco-efficient energy usage.
Strategic signal
In June 2014, Magen eco-Energy entered into a strategic agreement with Soletrol. This partnership signals a move towards expanding its market reach and strengthening its position in the solar thermal industry through collaborations, indicating a strategic focus on growth through alliances.
Company Intelligence Q&A
- When was Magen eco-Energy founded?
- Magen eco-Energy was founded in January 1973.
- What is Magen eco-Energy's primary 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.
- What significant acquisition did Magen eco-Energy make?
- In May 2012, Magen eco-Energy acquired UMA Solar and Heliocol USA, as reported by AltEnergyMag.
- What is the core technology used by Magen eco-Energy?
- 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.
- Has Magen eco-Energy formed any strategic partnerships?
- In June 2014, Magen eco-Energy entered into a strategic agreement with Soletrol.