World News
Beijer Ref 2025 sales up 3.9%
SWEDEN: Beijer Ref has reported stable growth in 2025 with record-high cash flow and EBITA margin….
Ziehl-Abegg sees revenue exceed €1bn
GERMANY: Motor and fan manufacturer Ziehl-Abegg claims to have achieved a revenue growth of 12% in 2025, exceeding €1bn for the first time in the company’s 116-year history….
Per Bertland proposed as new chair of Beijer Ref
SWEDEN: Per Bertland, former CEO of refrigeration wholesaler Beijer Ref, has been proposed as the company’s new chair of the board….
CEVA builds new logistics facility for Daikin Spain
SPAIN: CEVA Logistics has started construction of a new 27,000m2 warehouse in Tórtola de Henares, Guadalajara, dedicated to air conditioning manufacturer Daikin….
Call to increase air conditioning MEPS
UK: Ten leading companies, including Danfoss, Johnson Controls and ABB, are calling on policymakers around the world to increase the minimum energy performance standards for air conditioners….
Italian authorities to fight illegal F-gas trade
ITALY: Authorities in Italy have reached agreement to co-ordinate surveillance and combat the illegal trade in F-gases….
Copeland acquisition advances AI strategy
USA: Copeland has entered into an agreement to acquire Bueno Analytics, an Australian company seeking to transform building performance with AI-driven insights….
Report maps skills and technology needs
BELGIUM: The Federation of European Heating, Ventilation and Air Conditioning Associations (REHVA) has published a new report aimed at strengthening skills and capacity in Europe’s heating and cooling sector….
Beijer Ref buys Italian AC supplier Idema
ITALY: Beijer Ref has acquired a 75% stake in Italian air conditioning distributor Idema Clima, with an option to acquire the remaining shares….
Copeland celebrates first Indian scrolls
INDIA: US compressor manufacturer Copeland has completed the first phase of a $55m investment at its Atit, India, manufacturing facility….