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Munters expands data center cooling production in Virginia
...ears, with new facilities in Daleville and Cork, as well as acquisitions in Italy and Thailand. To meet the expanding US market, we are enlarging our Virginia facility, creating a Data Center Technologies production camp...
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Honeywell Names Leadership for Solstice Advanced Materials Ahead of Planned Spin-Off
...e late 2023, the company has announced about $11 billion in acquisitions and plans to divest its Personal Protective Equipment business. Honeywell also plans to spin off its Aerospace Technologies business by the second ...
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Alfa Laval to Acquire Cryogenics Unit from Fives Group for EUR 800 Million
...ncils before a definitive purchase agreement is signed. The acquisition would add cryogenic heat transfer and pump technologies to Alfa Laval’s portfolio. These technologies are essential for gas liquefaction in applicat...
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Cold Chain Technologies Acquires Global Cold Chain Solutions, Expanding Asia-Pacific Reach
...s, Founder and CEO of GCCS, highlighted the benefits of the acquisition: “We are excited to leverage CCT’s diversified product portfolio, thermal engineering expertise, and proprietary digital track-and-trace software to...
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Emergent Cold LatAm Expands in Mexico with New Cold Storage Facility in Monterrey
...entered the Mexican market in September 2022 with its first acquisition. Today, the company operates 35 multi-temperature warehouses across Nuevo León, Guanajuato, Baja California, Estado de México, and Mexico City. “The...
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CAREL Reports €578.5 Million Revenue for 2024 Amid Market Challenges
...cline compared to 2023. Adjusting for currency exchange and acquisitions, the drop was 13.7%. The decrease was attributed to weaker demand in Europe and high inventory levels across the supply chain. Despite the revenue ...
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Americold Acquires Cold Storage Facility in Houston for $127 Million
Americold Realty Trust, Inc. has announced the acquisition of a temperature-controlled facility in Houston, Texas, for approximately $127 million, including planned expansion and equipment upgrades. The acquisition ...
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Qvantum Adopts Refrigerator Factory for Heat Pump Production
...ufacturing, Qvantum streamlines its production process. The acquisition of Electrolux’s former refrigerator factory provides the necessary infrastructure to scale operations while maintaining precision. – This innovative...
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Sanhua Holding Group Concludes 2025 Annual Operation Plan Conference
...age. Sanhua will also emphasize financial stability, talent acquisition, cost control, legal compliance, and organizational efficiency, while advancing AI-driven digital projects to optimize business operations. Business...
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Modine to Acquire AbsolutAire to Expand HVAC Offerings
...ct-fired heating, ventilation, and make-up air systems. The acquisition is expected to be finalized on April 1, 2025, subject to customary closing conditions. The move aligns with Modine’s strategy to enhance its portfol...
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TEFCOLD Acquires Serrco to Expand Beverage Cooling Portfolio
...olutions, including high-end keg coolers and back bars. The acquisition expands TEFCOLD's market presence and product offerings. “The addition of Serrco to the TEFCOLD Group is allowing us to enter into new areas of our ...
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Honeywell to Acquire Sundyne for $2.16 Billion
...mance pumps and gas compressors for process industries. The acquisition will strengthen Honeywell’s Energy and Sustainability Solutions (ESS) business by enhancing its innovation capabilities and efficiency, while suppor...