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Nordic Climate Group expands into UK and Ireland with three acquisitions
...mate Group has entered the UK and Irish markets through the acquisition of three companies with a combined annual revenue exceeding EUR 50 million (over SEK 550 million). The move reinforces the Group’s position in Europ...
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Samsung completes acquisition of European HVAC manufacturer FläktGroup
Samsung Electronics has finalized the acquisition of FläktGroup, a leading European HVAC company, aiming to expand its global presence in the commercial air conditioning and data centre sectors. As part of the agreement,...
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Daikin Applied expands data center cooling capabilities with new products, acquisitions and facilities
...ta center cooling solutions, supported by new technologies, acquisitions, production facilities, and a dedicated global business unit. The company aims to meet the increasing demands of hyperscale and AI-driven data cent...
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Automated Logic Expands in Canada and Germany with Two Strategic Acquisitions
...s and part of Carrier Global Corporation, has completed two acquisitions aimed at expanding its intelligent building-automation footprint in North America and Europe. The company has acquired Control Solutions, Ltd. in C...
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Lineage expands cold storage capacity in Canada with new acquisitions and facility upgrades
Lineage, Inc. has announced the acquisition of three cold storage facilities in Quebec, as well as the expansion of three existing sites across Canada. The move strengthens the company’s position in the Canadian temperat...
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Embraco expands into HVAC market with scroll compressor acquisition
... the heating and air conditioning (HVAC) market through the acquisition of scroll compressor manufacturer Xecom. The move broadens Embraco’s product portfolio and strengthens its position as a provider of complete refrig...
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Siemens completes acquisition of ebm‑papst’s Industrial Drive Technology division
Siemens AG has finalized the acquisition of the Industrial Drive Technology (IDT) division from the ebm‑papst Group. The division, now operating under the name "Mechatronic Systems", becomes part of Siemens and brings ar...
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Lennox EMEA Rebrands as LFB Group Following Syntagma Acquisition
... rebranded as LFB Group, marking a new phase after its 2024 acquisition by Syntagma Capital. The name change, effective April 22, 2025, reflects the company's renewed strategic direction and stands for "Leading For Bette...
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CubeCold enters Spanish market with Frimercat acquisition
...rimercat, a cold logistics provider based in Barcelona. The acquisition marks CubeCold’s entry into Spain and strengthens its temperature-controlled logistics network, which spans Benelux, the UK, and Italy with over 450...
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CubeCold Expands European Cold Storage Network with Sivafrost Acquisition
...on in the European refrigerated logistics sector. With this acquisition, CubeCold now operates seven facilities in Belgium and a total of 19 across Europe. Enhanced Service Offering The addition of Sivafrost allows CubeC...
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Midea Completes Acquisition of ARBONIA Climate for €760 Million
Midea Group has finalized its acquisition of ARBONIA climate, a division of ARBONIA AG, for an enterprise value of €760 million. The deal, announced on February 26, 2025, strengthens Midea’s position in the European HVAC...
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Epta Expands in Spain with Acquisition of SET Refrigeración
... commercial refrigeration and air conditioning systems. The acquisition, effective from 1 February 2025, strengthens Epta’s presence in Spain and enhances its after-sales service network. SET Refrigeración has been a lon...