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Lennox and Ariston form joint venture for North American water heater market
...oup entered the North American market in 2016 through three acquisitions. “We are pleased to announce this new chapter with Lennox…This joint venture allows us to add to our existing commercial presence and brands an all...
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Safe Monitoring Group acquires UK gas detector firm CPC
...ction markets in the UK and internationally. As part of the acquisition, CPC was separated into a standalone company prior to the share purchase. CPC will now collaborate with other companies within Safe Monitoring Group...
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Samsung to acquire FläktGroup from Triton for €1.5 billion
...ce Division at Samsung Electronics, commented: “Through the acquisition of FläktGroup, an applied HVAC specialist, Samsung Electronics has laid the foundation to become a leader in the global HVAC business, offering a fu...
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MSA Safety Acquires M&C TechGroup to Expand Gas Detection Portfolio
... in a transaction valued at approximately $200 million. The acquisition strengthens MSA’s capabilities in fixed gas and flame detection by adding M&C’s advanced gas analysis systems to its portfolio. Founded in 1985 ...
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Emergent Cold LatAm Acquires Comfrio to Expand Brazilian Operations
Acquisition adds 24 sites and 420,000 pallet positions to company’s cold storage network in Brazil. Emergent Cold Latin America has announced a definitive agreement to acquire Brazilian cold chain logistics provider Comf...
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Lineage to Acquire Tyson Cold Storage Sites
Expansion includes four acquisitions and two greenfield developments with full automation. Lineage, Inc. has entered a definitive agreement to acquire four cold storage warehouses from Tyson Foods, Inc. as part of a broa...
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Lineage Acquires Permanor AS to Expand Cold Storage Network in Norway
Acquisition adds 24,500 pallet positions and solar-powered capacity in Haugesund and Brumunddal. Lineage, Inc. has completed the acquisition of Permanor AS, a Norwegian cold storage and logistics provider, enhancing its ...
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Nordic Climate Group Acquires Three Firms to Expand in Sweden and Finland
Strategic acquisitions of Eliko, Porin Kylmäasennus Oy, and Talotekniikka Hile Oy reinforce regional capacity. Nordic Climate Group has strengthened its local presence in western Sweden and Finland through the acquisitio...
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Automated Logic Acquires Logical Building Automation in Australia
Acquisition strengthens Automated Logic's presence in building controls sector. Automated Logic, a subsidiary of Carrier Global Corporation, has acquired Logical Building Group Pty Ltd, also known as Logical Building Aut...
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Fujitsu General Reports FY2024 Revenue Growth Driven by Air Conditioner Business
...tio declined to 47.9%. Future Outlook Following the planned acquisition by Paloma・Rheem Holdings Co., Ltd., Fujitsu General expects to be delisted. As a result, the company has not issued a consolidated financial forecas...
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A-Gas Appoints Andrew Stride as General Manager for Canadian Operations
... services nationwide. The move follows the company’s recent acquisition of Refrigerant Services Inc. (RSI) and signals a strategic expansion into Nova Scotia. Stride, who joined A-Gas in 2021 and became Director of Opera...
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Ingersoll Rand Acquires G & D Chillers and AGT to Boost Air Treatment Portfolio
...AGT) for a combined price of approximately $27 million. The acquisitions aim to strengthen the company's Industrial Technologies and Services segment with new capabilities in glycol chillers and onsite gas generation. Pr...