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Kristian Strand Named President of Danfoss Climate Solutions
...s Danfoss Vision: Pioneering Sustainable Solution Post-BOCK Acquisition Danfoss and Bock: Shaping the Future of Refrigeration - A Conversation with Kristian Strand at Chillventa 2024
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Kølegruppen Joins Nordic Climate Group to Strengthen Operations in Denmark
...any in Northern Europe through organic growth and strategic acquisitions.
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Chillers Market Set to Reach $15.42 Billion by 2029
...Electric Corporation (Japan). These players are focusing on acquisitions, technological innovations, and geographic expansions to strengthen their market positions. The global chillers market continues to evolve, driven ...
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Fujitsu Sells Stake in Fujitsu General to Paloma Rheem
...particularly in the North American and Asian markets. This acquisition also reflects a broader trend of consolidation in the HVAC sector, driven by increasing demand for sustainable solutions and stricter decarbonizatio...
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Airvek and Verhaar Gebeko Join Nordic Climate Group
...oach to design, installation, and maintenance services. The acquisition strengthens Nordic Climate Group’s portfolio by integrating Airvek and Verhaar Gebeko’s established market position and long-standing customer relat...
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Trane Technologies to Acquire AI Innovator BrainBox AI
...s, a global leader in climate innovation, has announced the acquisition of BrainBox AI, a pioneer in autonomous HVAC controls and AI building technology. The Montreal-based BrainBox AI has developed a platform that uses ...
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Vertiv Acquires BiXin Energy to Expand Chiller Technologies
... for its efficiency and reliability in the Asia region. The acquisition will benefit Vertiv's existing portfolio, addressing increasing cooling demands. Giordano Albertazzi, CEO of Vertiv, stated, "This acquisition suppo...
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Hoshizaki to Acquire Majority Stake in Vietnamese Manufacturer ARICO
... Singapore and its Vietnam office in Ho Chi Minh City. This acquisition will make ARICO a consolidated subsidiary of Hoshizaki. ARICO, founded in 2007, specializes in industrial refrigeration systems and serves industrie...
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Nordic Climate Group Acquires IJskoud B.V. to Expand Dutch Presence
...hed cooling and energy solutions company in Amsterdam. This acquisition bolsters the group's position as a leading player in Northern Europe for cooling, heating, and energy installations. Founded in 1935, IJskoud specia...
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Mitsubishi Electric Acquires Irish Firm Crystal Air Limited
Mitsubishi Electric Corporation has announced the acquisition of Crystal Air Limited, an Irish company specializing in air-conditioning installation and maintenance. The agreement was finalized on December 18 through Mit...
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ThermoKey Reports 2024 Results and Outlines Ambitious Plans for 2025
...moKey concluded 2024 with strong performance, capped by its acquisition by IGI Private Equity. This strategic partnership is expected to bolster the company's growth and innovation plans. ThermoKey has set ambitious goal...
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Swisslog to Construct Advanced Automated Warehouse for Italy’s Gias Srl
...ect has undergone extensive planning phases, leading to the acquisition of new land next to the existing production site to allow for seamless construction and integration without disrupting current operations. In Novemb...