1,166 results for “acquisition”
News
Paloma Rheem Holdings takes majority stake in France’s Groupe Atlantic
Paloma Rheem Holdings Co., Ltd. has completed its acquisition of a majority stake in Groupe Atlantic, a France-based HVAC and water heating company. The transaction strengthens PRH’s presence in Europe alongside its exis...
News
Caverion Germany Acquires Ventilation and Cooling Specialist
...tilation and cooling solutions in northwestern Germany. The acquisition strengthens Caverion Germany’s capabilities in cooling and climate technology. Kees has approximately 40 employees and reported total annual revenue...
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Action Air Acquires Commercial HVAC Provider in Connecticut
Action Air Systems, LLC has completed the tuck-in acquisition of Air Comfort Systems, Inc., a commercial HVAC provider in Connecticut. The transaction expands Action Air’s presence across southern Connecticut and adds pr...
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IIR Approves LCCP2 Working Group to Update Climate Guideline
...a, updating calculations to include emissions from material acquisition, and revising reference data such as GWP and emission values based on the latest scientific information. LCCP2 will also clarify emission factors, i...
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Nordic Climate Group appoints CEO for Germany market entry
...to a market-leading organisation through organic growth and acquisitions. Under his leadership, the business expanded across Germany and established a strong market position. “Nordic Climate Group’s model is built around...
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Trane Technologies opens AI lab in Canada for autonomous HVAC
...t introduced in August 2025 and follows Trane Technologies’ acquisition of BrainBox AI. The company said the lab will support collaboration, real-world testing and validation to move discoveries from concept to customer-...
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Trane Technologies acquires German Thermo King dealer TKV
...the southern Germany market as Thermo King Deutschland. The acquisition expands Thermo King’s transport refrigeration service network across Europe, the Middle East and Africa. It follows recent acquisitions in the UK an...
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Global cold storage construction market to reach $35.47bn by 2030
...s also seeing consolidation. The report highlights EQT AB’s acquisition of Constellation Cold Logistics as part of efforts to expand in Europe’s cold storage sector through digitalization and sustainable growth strategie...
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Insight Partners forecasts refrigerant market at $75.6 billion by 2031
...recent developments, it cites A-Gas International Limited’s acquisition of Canadian Refrigerant Services Inc. in March 2025 and the company’s expansion of refrigerant separation capacity at its US facilities in April 202...
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Vertiv Acquires STL to Expand Liquid-Cooling Engineering
...supporting AI and high-performance computing workloads. The acquisition extends Vertiv’s thermal-chain strategy at the interface between server-side liquid cooling and supporting infrastructure. According to Vertiv, this...
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Johnson Controls acquires Nantum AI to expand OpenBlue controls
...gy savings, system controls and operational efficiency. The acquisition adds proprietary AI-driven algorithms to the Johnson Controls OpenBlue digital ecosystem to further optimize HVAC performance and reduce energy cons...
News
Safe Monitoring Group acquires Singapore gas detection specialist CitiSafe
Safe Monitoring Group AB has completed the acquisition of CitiSafe Pte. Ltd., a Singapore-based company focused on gas detection systems sales and service. The deal gives Safe Monitoring Group its first presence in the A...