World News
Cross Rental changes owners
UK/IRELAND: Dublin-based Cross Rental Services has been the subject of an MBO backed by UK private equity company Elysian Capital….
Daikin sales up 37%
JAPAN: Daikin has recorded a 37% leap in Q1 sales to JPY799bn (US$7.3bn), with operating profit doubling to JPY109.3bn ($1bn) compared to…
Epta expands in South America
ITALY/CHILE: Italian commercial refrigeration company Epta has acquired Sociedad Ingeniería y Mantención VPP, one of the leading contractors in Chile….
Daikin to explore AC and PV control
JAPAN: Daikin is partnering with Japanese utility company Kansai Electric Power Co to test an energy management system utilising an air conditioning…
Beijer Ref expands its footprint in Oceania
SWEDEN: Wholesaler Beijer Ref is set to acquire all the shares in Froid et Clim Distribution (FCD), an HVACR distributor on the…
Chemours sees sales rise 51%
USA: Chemours has reported second-quarter net sales of $1.7bn, and increase of 51% on the same period last year….
Carrier Q2 sales up 37%
USA: Carrier has reported second quarter sales up 37% to $5.4bn compared to 2020, with organic sales up 31% over the same…
Spanish firms face waste handling charges
SPAIN: Twenty-two companies are being investigated by Spain’s Civil Guard for handling and exporting scrap refrigeration and air conditioning compressors with no…
Carrier sells Chubb security business
USA: Carrier Global has agreed to sell its Chubb fire and security business to US safety and industrial services company APi Group…
US EPA ammonia penalties total $357,075
USA: The US Environmental Protection Agency has settled alleged ammonia violations in cold stores managed by three separate companies in Yakima County,…