World News
Daikin to axe 500 jobs as heat pump demand falls
BELGIUM: Daikin Europe has said it will not renew the contracts of 500 temporary employees at its plant in Ostend, due to a sharp fall in heat pump sales….
Lennox sells European business
FRANCE/BELGIUM: US manufacturer Lennox has entered into an agreement to sell its European commercial HVAC and refrigeration businesses, headquartered in Lyon, to funds managed by Syntagma Capital. …
Industry fears a “quick fix” F-gas deal
EUROPE: While the full implementation of a new European F-gas regulation is likely to be delayed, it is believed that negotiators are keen to reach agreement next month….
Carrier adds refrigeration-as-a-service offer
GERMANY: Carrier Commercial Refrigeration is collaborating with Munich-based IoT technology company Relayr to provide a refrigeration-as-a-service offering to customers….
Vertiv upgrades chiller test facility
ITALY: Vertiv has upgraded and increased the capacity of its chilled water test facility near Tognana, Italy….
French association warns of possible F-gas impacts
FRANCE: The French Refrigeration Association, AFF, has called on its national representatives to persuade the European authorities to adopt realistic and balanced measures in the current F-gas negotiations….
Nordic Climate Group continues Danish growth
SWEDEN/DENMARK: The Nordic Climate Group has further increased its presence in Denmark with the acquisition of Buus Køleteknik and Nordkøl….
Qvantum plant has 1 million heat pump capacity
SWEDEN: Swedish manufacturer Qvantum has acquired Electrolux’s Hungarian refrigerator factory with a potential output of one million propane heat pumps per year….
Energy Save signs license agreement with Aira
SWEDEN: Heat pump start-up Aira has signed a license agreement with Swedish manufacturer ES Energy Save Holding said to be worth up to SEK400m (€34m). …
Epta buys fridge business of German firm Heifo
ITALY: Commercial refrigeration equipment manufacturer Epta has strengthened its presence in the north of Germany with the acquisition of the refrigeration activities of Heifo GmbH….