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Samsung to establish HVAC production line in South Korea
...ecome its 15th manufacturing facility worldwide. “Samsung’s acquisition of FläktGroup last year puts us in a unique position to expand the HVAC business and transform it into a new growth engine, to become a global top-t...
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Dover to Acquire Leistung, Expand Cryogenic Manufacturing in India
...cility has capacity for future operational expansion. “This acquisition strengthens our ability to serve the rapidly growing Indian market while expanding our global manufacturing footprint and advancing our capabilities...
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Carrier acquires Toshiba HVAC distributor Intercool in Benelux
Carrier has completed its acquisition of Intercool, the authorized distributor of Toshiba HVAC products in Belgium, the Netherlands and Luxembourg since 1973. The transaction strengthens Carrier’s presence in the residen...
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Sweden’s Systemair publishes 2025/26 annual and sustainability report
...et provides ample room for future investments and strategic acquisitions,” said Robert Larsson, President and CEO of Systemair. The report is available on the company’s website.
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Nidec appoints Ricardo Bristotti president of Global Appliance Platform
...bal portfolio. Bristotti joined Embraco in 2011, before its acquisition by Nidec in 2019, and has worked across Strategic Planning, Supply Chain, and Business & Marketing. In 2021, he was appointed Vice President of ...
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Madison Air to acquire ebm-papst in €5.1 billion deal
...ring, cleanrooms, data centers and residential markets. The acquisition will add ebm-papst’s ventilation and motor technology and engineering expertise to its portfolio, while giving ebm-papst access to Madison’s presenc...
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CAREL reports 20.9% revenue growth in first half of 2026
... also continued its external growth strategy by signing the acquisition of Cotes. The transaction is intended to strengthen the Group’s expertise in humidity control and expand its portfolio for HVAC, refrigeration and i...
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Polaris takes majority stake in TEFCOLD to support European growth
...ately EUR 145 million (about USD 169 million) following its acquisition of Clima Hostelería in July 2026. TEFCOLD has completed eight acquisitions since 2018. Under the partnership, TEFCOLD and Polaris plan to focus on c...
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KEYTER Expands Industrial Air Conditioning Production Capacity
...nization, construction of a new industrial building and the acquisition of capital equipment to increase manufacturing capacity and respond more quickly to demand in domestic and international markets. The new equipment ...
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Beijer Ref acquires Enertrak to expand distribution in Canada
... its Heritage Distribution platform into Canada through the acquisition of Enertrak, a specialized HVACR distributor serving contractors across Eastern Canada. Enertrak generates annual sales of approximately CAD 165 mil...
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Pentair to acquire Taco, expand U.S. hydronic HVAC offering
...nergies from supply-chain and operational efficiencies. The acquisition is expected to add approximately $0.10 to $0.15 to adjusted earnings per share in fiscal 2027 and create cross-selling opportunities through Pentair...
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SPX Technologies buys Canadian HVAC controls manufacturer
SPX Technologies has completed the acquisition of Neptronic Inc. for CA$605 million (approximately US$430 million), subject to customary closing adjustments. Neptronic will become part of SPX Technologies’ HVAC segment, ...