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H C Coils acquired by Swedish group
UK: Fareham-based coil manufacturer H C Coils Ltd has been acquired by the Swedish group Bergman & Beving (B&B). …
LG reveals HVAC expansion plans
SOUTH KOREA: LG Electronics has revealed plans intended to make it a top-tier global HVAC solutions provider by 2030 with revenues of US$14.6bn….
Arneg acquires Frigomeccanica
ITALY: Commercial refrigeration manufacturer Arneg has acquired fellow Italian company Frigomeccanica Srl, a specialist in ice cream display freezers, pastry showcases and deli and supermarket displays….
AIT brings low-charge R290 heat pump to market
GERMANY: The Kasendorf-based manufacturer AIT-Group has launched the first refrigerant-reduced R290 heat pumps based on the scientific work of the Fraunhofer Institute’s LC150 project….
Nidec acquires Chinese scroll manufacturer
JAPAN: Nidec has acquired full ownership of Changzhou Xecom Energy Technologies, a privately owned Chinese scroll compressor manufacturer. …
Daikin extends Manchester heat pump MoU
UK: Daikin Europe has extended its collaboration with the Greater Manchester Combined Authority (GMCA) by signing a five-year collaboration agreement aimed at scaling up low-carbon…
Euro heat pump sales down 22% in 2024
BELGIUM: Latest figures from the European Heat Pump Association reveal that 2.31 million heat pumps were sold in 19 European countries in 2024, a drop of 22% on 2023. …
LG to acquire European water heater manufacturer
SOUTH KOREA/NORWAY: LG Electronics is expanding its European HVAC business with the acquisition of OSO, a Norwegian manufacturer of hot water solutions….
Mitsubishi warns of AC controller vulnerability
JAPAN: Mitsubishi Electric has warned of a vulnerability in some of its multiple air conditioning controllers which could allow an attacker to bypass authentication….
Panasonic expands commercial refrigeration portfolio
JAPAN: Panasonic has announced a major expansion of its commercial refrigeration equipment range with new CO2 and A2L condensing units….