Cool innovation: how AoFrio’s new product could help Coca-Cola cut energy use and carbon emissions

Cool innovation: how AoFrio’s new product could help Coca-Cola cut energy use and carbon emissions
AoFrio boss Greg Balla leads a 130-strong team. (Image: AoFrio)
Rebecca Stevenson
Smart refrigeration company AoFrio says its new energy-saving product targets a $200 million total addressable market. The New Zealand Exchange-listed (NZX) tech firm officially launched AoFrio Inside in late August. The tech company’s refrigeration hardware and Internet of Things (IoT) applications are used by some of the biggest beverage names, including Coca-Cola, Heineken, Nestlé, and Pepsico. AoFrio offers drinks companies such as Coca-Cola and Heineken intelligent electronic thermostats, energy management devic...

More Markets

NZ sharemarket continues momentum, Skellerup sees green
Markets Market Close

NZ sharemarket continues momentum, Skellerup sees green

 The Red Band gumboot-maker said it earned $54.5m after tax. 

Tom Raynel 21 Aug 2025
Xero board faces 'first strike' over CEO pay
Markets

Xero board faces 'first strike' over CEO pay

Xero investors fire warning shot at directors willing to pay big for talent.

Staff reporters 21 Aug 2025
Auckland airport dynamics returning to normal
Markets

Auckland airport dynamics returning to normal

Yields are improving for airlines operating into Auckland, but earnings look flat ahead. 

Pattrick Smellie 21 Aug 2025