World News
Modine $1bn spin-off sharpens climate solutions focus
USA: Modine has entered into a definitive agreement to spin-off its Performance Technologies business to become a pure-play climate solutions company….
Hudson $210m US defence contract under review
USA: A $210m United States Defense Logistics Agency (DLA) contract recently awarded to Hudson Technologies has been put on hold after a bid protest from an unnamed competitor….
J F Lehman acquires US refrigerant management companies
USA: Asset management company J F Lehman (JFLCO) has acquired majority stakes in two US refrigerant management companies. …
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….