World News
Nibe announces 340 heat pump redundancies
SWEDEN: Nibe has given notice of redundancy to 340 employees in Sweden as a result of weaker demand in the European heat pump market….
Joint venture adopts Epta brand
ITALY: All activities under the recently announced Epta and Viessmann Refrigeration joint venture are to operate under the Epta brand….
Tecumseh opens bespoke production line
FRANCE: Tecumseh has implemented a flexible manufacturing line at its factory in Cessieu, France, to provide bespoke condensing units for OEM customers….
Nexson Group acquires Thermowave
FRANCE: French heat exchanger manufacturer Nexson has acquired Thermowave, a sister company of German refrigeration equipment manufacturer Güntner and subsidiary of Vienna-based A-Heat AG….
Panasonic joins forces with controls firm Tado
GERMANY: Panasonic has joined forces with Tado, the Munich-based manufacturer of domestic thermostats and air conditioning controls to offer smart heat pump solutions to the European market….
EU parliament passes EPBD update
EUROPE: The European Parliament has voted in favour of the trilogue deal of the Energy Performance of Buildings Directive (EPBD) which seeks to deliver a climate-neutral building stock by 2050….
AirJoule signs joint venture deal
USA: A new joint venture has been formed to manufacture and supply air conditioning and atmospheric water harvesting products in the Americas, Africa, and Australia….
Djibouti ratifies Kigali Amendment
DJIBOUTI: The Republic of Djibouti has become the 157th country to ratify the Kigali Amendment to the Montreal Protocol….
Öztiryakiler now a Hoshizaki subsidiary
JAPAN/TURKEY: Following the acquisition of 51% of its shares, the Turkish food service equipment manufacturer Öztiryakiler has now become a subsidiary of Japanese manufacturer Hoshizaki….
Qvantum appoints Rosales as COO
SWEDEN: Swedish heat pump manufacturer Qvantum has appointed Federico Rosales, a former MD of Whirlpool Poland, as global COO. …