[3] The company develops, produces and markets actuators for controlling heating, ventilation and air conditioning systems.

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.

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.

[6] In 2020, Belimo acquired Montreal-based Opera Electronics Inc., a specialist for gas detectors and sensors to monitor the quality of air.