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LU-VE Group Acquires Remaining 25% Stake in Refrion S.r.l.
... leading air heat exchanger manufacturer, has completed the acquisition of the remaining 25% of its subsidiary, Refrion S.r.l., based in Flumignano, Udine. The company announced the closure of this transaction. Following...
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CoolSys Acquires Mechanical Engineering & Construction Corporation
...nical engineering firm based in Maryland and Virginia. This acquisition enhances CoolSys' commercial and industrial capabilities and strengthens its presence in the mid-Atlantic region. Rich Wyckoff, President and CEO of...
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SeaCube With Investment in Carrier Transicold’s OptimaLINE Refrigerated Containers
... future-ready OptimaLINE reefer containers for their latest acquisition,” said Vineet Kashyap, Vice President & General Manager, Global Container Refrigeration, Carrier Transicold. “The design of the OptimaLINE unit ...
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Verder Acquires Sauermann to Enhance HVAC-R Market Presence
...dvanced pumping and scientific solutions, has announced the acquisition of Sauermann, a prominent supplier in the HVAC-R market. This strategic move aims to expand Verder’s product portfolio and strengthen its position i...
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Global HVAC Equipment Market 2024-2031
...s are focusing on product innovation, strategic mergers and acquisitions, and expanding their global presence to gain a competitive edge. The market is characterized by continuous technological advancements and efforts t...
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Torraval Cooling Acquires 100% of Intercal to Bolster Service Capabilities
...y of Intercal as part of its 2024-2026 strategic plan. This acquisition is expected to open up new business opportunities within the service sector. Founded in 1967, TORRAVAL Cooling boasts extensive local and internatio...
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Phoenix Energy Introduces Asset Manager for HVAC and Refrigeration Equipment
... Phoenix’s EnterpriseDX® platform, providing real-time data acquisition, predictive analytics, and asset condition-based insights to optimize asset performance, maintenance, and capital replacement strategies. Asset Mana...
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Emergent Cold to Build Food Warehouse in Guadalajara
...ce starting operations in Mexico in September 2022 with the acquisition of Bajo Cero, and later Qualianz in January, Emergent Cold LatAm now operates over 30 warehouses across Mexico with a combined capacity exceeding 1 ...
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Air Conditioning Market size is set to grow by USD 14.8 billion from 2024-2028
...ual and Automatic technology, Product launches, Mergers and acquisitions, Collaborations and partnerships shaping the market landscape. Direct Sales and Distribution Sales channels are also prevalent. The Industrial sect...
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DSI Dantech Completes Integration of Freezertech Manufacturing
...manufacturer Freezertech into its operations, following the acquisition in December 2023. Production of Freezertech freezers has been consolidated into DSI Dantech’s highly automated manufacturing facility in Dybvad, Den...
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Danfoss Reports Challenging First Half of 2024 Amid Lower Demand in Key Markets
...ignificant growth, both organically and through mergers and acquisitions, Danfoss faced challenges in the first half of 2024 due to lower demand in selected key markets. Group sales amounted to EUR 5 billion, with an EBI...
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Emerson Finalizes Sale of Copeland Stake to Blackstone
... portfolio to focus on core businesses. For Blackstone, the acquisition enhances their investment in HVAC and refrigeration technologies, an area poised for growth due to increasing demand for energy-efficient and sustai...