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Global chillers market forecast to reach $13.3bn by 2030
... natural gas and electricity, and Schneider Electric’s 2024 acquisition of Motivair Corporation to leverage specialized liquid cooling technologies for the data center value chain. Companies mentioned include Carrier Cor...
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Caverion acquires GK Denmark service business
Competition authorities have approved Caverion Denmark’s acquisition of GK Denmark’s service business as GK exits the Danish market. The transaction includes Vagns VVS and nearly 200 employees, with the transfer taking e...
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CubeCold acquires Ferroice to expand cold storage capacity in Spain
CubeCold has expanded its presence in Spain through the acquisition of Ferrocold 2025 S.L., Ferrolaboratorios Albacete S.L. and Ferroice S.L., collectively referred to as Ferroice. The transaction strengthens CubeCold’s ...
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A-Gas gains AHRI certification for Canada’s only certified refrigerant lab
...te, acquired as part of its Refrigerant Services Inc. (RSI) acquisition in March, is now the only AHRI certified lab in Canada. A-Gas said the Dartmouth facility becomes one of three A-Gas labs in North America with AHRI...
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Japan’s MHI Compressor acquires Switzerland’s AST Turbo AG
...y provided field service on several projects; following the acquisition, AST will continue under the leadership of its current management team while integrating MCO’s and the MHI Group’s technological expertise and know-...
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Trane Technologies acquires Thermo King Northern to expand UK transport refrigeration network
...e Technologies and its Thermo King brand have completed the acquisition of Thermo King Northern, a Thermo King and Frigoblock dealer serving the northern UK market. The transaction closed in early February 2026 and was m...
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Panasonic launches CDUs and free-cooling chillers for AI data centers in Europe
...s data center cooling business in Europe following its 2023 acquisition of Tecnair S.p.A., an Italy-based manufacturer of Close Control Air-Conditioning Units (CCUs) used in air-cooling systems. The newly developed CDUs ...
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SeaCube appoints executives in New Jersey, expands U.S. portable cold storage
...der of refrigerated equipment solutions through investment, acquisitions, and leadership additions aimed at delivering scalable and sustainable refrigerated equipment solutions. The company said refrigerated equipment de...
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SPX Technologies reports 2025 HVAC growth and issues 2026 segment guidance
...rter of 2024. SPX attributed additional 2025 HVAC growth to acquisitions, citing Ingénia and Sigma & Omega. The company said HVAC segment income and segment income margin rose due to higher volumes and associated ope...
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Global report forecasts walk-in refrigerator market at $18.67B by 2030
... 2024. In industry activity, the report highlights the 2024 acquisition of Arctic Industries by Kinzie Capital Partners. Panasonic Holdings Corporation, Johnson Controls International plc, and Blue Star Limited are liste...
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Texas-based NexCore adds three HVAC firms, surpasses 900 staff
...ces in the United States, said it concluded 2025 with three acquisitions that added more than 155 employees, bringing its workforce to over 900 full-time employees across six operating hubs nationwide. The company said i...
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Global refrigeration equipment market report forecasts 8.7% CAGR
...as the distribution structure. As an example of mergers and acquisitions, the report notes that in May 2024 Samsung and Lennox announced a joint venture named Samsung Lennox HVAC North America, focused on selling ductles...