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Bouygues to buy Equans for €7.1bn
FRANCE: Bouygues, the construction and diversified services group, has signed an agreement to purchase Equans, the FM and energy solutions arm of…
Daikin VRV brings R32 to the larger building
BELGIUM: Daikin Europe has released details of VRV 5 Heat Recovery, its fifth generation VRF air conditioner using lower flammability refrigerant R32…
Fox wins IoR presidential vote
UK: Graeme Fox, the head of REFCOM, will be the next president of the Institute of Refrigeration after being announced winner of…
Mitsubishi invests £15.3m in Livingston factory
UK: Mitsubishi Electric Air Conditioning Systems Europe is to invest £15.3m in its Livingston factory to boost its heat pump productivity, efficiency and…
JCI and Trane win Terra Carta sustainability award
UK: Johnson Controls and Trane Technologies are among 45 global companies to have been awarded the inaugural Terra Carta Seal, a sustainability…
Artus Air receives multi-million-pound investment
UK: Edinburgh-based venture capital company Par Equity has made a “multi-million-pound” investment in Artus Air, a company established earlier this year to market the…
Industry heads back acceleration of race to net-zero
SWITZERLAND: The CEOs of Danfoss, GEA, Trane and Johnson Controls are co-signees of an open letter to world leaders at COP26 calling…
Carrier sales up 7% in Q3
USA: Carrier has reported sales of $5.3bn in Q3, up 7% compared to 2020 including 4% organic growth….
Europe’s COP 26 motion in conflict with HFC commitments
EUROPE: A European Parliament motion to “accelerate the phasing out” of HFCs puts it in direct conflict with the European Commission, the…
Warm welcome for £450m heat pump incentive scheme
UK: The industry has “warmly” welcomed UK government plans to provide grants of up to £6,000 to householders replacing their gas boiler…