World News
Carrier Refrigeration Sweden sold
SWEDEN: Stockholm-based service and installation company Bravida is acquiring Carrier Refrigeration Sweden’s service operations in Stockholm, Gothenburg and Malmo….
AC contractor accused of poisoning
USA: The trial opened this week in New York of the owner of an HVAC company accused of trying to poison a…
Investment follows Freezertech purchase
UK: Investment from new owners Carsoe will enable plate freezer manufacturer Freezertech (UK) to expand its production facilities in Humberston, near Grimsby….
Carrier looks to mergers and acquisitions
USA: Mergers and acquisitions will be key parts of Carrier’s growth strategy after its spin-off from UTC, according to UTC chairman and…
UTC to spin off Carrier business
USA: Air conditioning and refrigeration equipment manufacturer Carrier is to become a separate independent company after parent United Technologies (UTC) announced its…
Bridgepoint “transformed” AHT
UK: Private equity group Bridgepoint achieved a return of over 50% following its €881m sale of AHT to Daikin, and left a…
Carel buys Italian heat exchanger firm
ITALY: Refrigeration controls and humidification company Carel has acquired the entire share capital of Recuperator SpA, an Italian manufacturer of air-to-air heat…
Daikin confirms €881m purchase of AHT
JAPAN: Daikin has confirmed the acquisition of the Austrian commercial refrigeration company AHT for €881m (JPY114.5bn)….
Daikin to acquire AHT Cooling
JAPAN/EUROPE: The Nikkei is reporting that Daikin is set to acquire commercial refrigeration equipment manufacturer AHT Cooling Systems for just over JPY100bn…
Staying EPA 608 compliant
USA: Leak detection equipment manufacturer Bacharach has produced a free-to-download guide to EPA section 608 refrigerant compliance for US engineers….