1,167 results for “acquisition”
News
Trane Technologies launches BrainBox AI Lab for sustainable HVAC and building operations
...ransport. The initiative follows the company’s January 2025 acquisition of BrainBox AI, which develops autonomous HVAC controls and generative AI technologies. The BrainBox AI Lab will focus on developing technologies to...
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Systemair Reports Higher Profit and Sustainability Gains in 2024/25
..., the relocation of Menerga production to Slovenia, and the acquisition of Malaysia-based Phem Engineering. A small local fan production facility was also established in Saudi Arabia to meet demand for “Made in Saudi Ara...
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Daikin acquires Saltire Facilities Management to expand heat pump services in Scotland
... a heating services company based in Glasgow, Scotland. The acquisition, made by Daikin Airconditioning UK Limited, aims to strengthen the company’s residential heat pump service network in Scotland, which is experiencin...
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Daikin to Acquire US-Based DDC Solutions for AI Data Center Cooling
...omer needs from rack-level to facility-level solutions. The acquisition is expected to close by late August 2025, subject to the completion of required procedures. After the deal is finalized, Daikin intends to provide f...
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Middleby acquires Italian food processing equipment maker Frigomeccanica
The Middleby Corporation announced the acquisition of Frigomeccanica S.p.A., expanding its portfolio of food processing equipment. Frigomeccanica, based in Parma, Italy, specializes in solutions for drying, defrosting, f...
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RefIndustry Launches July Newsletter: Cooling Highlights with Ammonia, CO2, and Heat Pump Insights
...s and natural refrigerant trends to market research and key acquisitions. "Our July newsletter is designed to keep the global refrigeration community connected to industry trends, technological advances, and learning opp...
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Carrier Transicold launches certified electric refrigeration training in UK
...rier Transicold UK. The launch follows Carrier Transicold’s acquisition of Addvolt, aimed at expanding its electric refrigeration portfolio for trucks and trailers with advanced battery and high-voltage systems. “The ind...
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NewCold acquires Germany’s Schüssler Spedition to expand European cold chain operations
...s and integration company based in Heppenheim, Germany. The acquisition is aimed at strengthening NewCold’s presence in Germany and supporting its expansion of automated cold chain logistics services across Europe. The S...
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Nordic Climate Group acquires Dutch company Coolserve
... Kruizenga, will continue to lead the company following the acquisition. “Coolserve is a highly strategic and cultural addition to Nordic Climate Group. They have a strong local presence, deep technical expertise, and an...
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Caverion Finland to acquire Johnson Controls Finland’s service business
... in the field of refrigeration and heat pump solutions. The acquisition is expected to close in August 2025. The value of the deal has not been disclosed but is reported to have no material impact on Caverion’s financial...
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LG targets global HVAC leadership with data center and regional B2B focus
...line with its “Build, Borrow, Buy” strategy, LG is pursuing acquisitions to strengthen HVAC expertise. Its recent full acquisition of Norwegian water heating solutions provider OSO aims to expand its presence in the Euro...
News
Nordic Climate Group acquires Climanova, enters Belgium market
...izing in cooling, climate control, and heating systems. The acquisition expands the Group’s operations in the southwest of the Netherlands and marks its first entry into Belgium. Founded in 1987, Climanova is based in Ee...