World News
IR to receive $400m for Hussmann shares
IRELAND: Ingersoll Rand has confirmed that it expects to receive $400m for selling its minority interest in Hussmann to Panasonic….
Panasonic to purchase 100% of Hussmann
JAPAN: Panasonic has confirmed that it will acquire 100% of the shares in US refrigeration company Hussmann for $1.545bn….
Panasonic to buy Hussmann for $1.2bn
JAPAN/USA: Panasonic is said to have agreed to buy a majority stake in US display case and refrigeration systems manufacturer Hussmann for…
Bauer heads ac sales at Systemair
GERMANY: Former Trox CEO Michael Bauer has taken over management of the air conditioning sales and marketing activities of Systemair….
Carrier buys Benelux leasing firm
NETHERLANDS: Carrier Airconditioning Benelux has expanded its air conditioning and refrigeration leasing activities with the acquisition of Dutch firm Klimarent BV….
UK firm joins energy storage group
UK: A UK company specialising in the development of high pressure gas expanders has joined the European consortium researching cryogenic energy storage….
Lower GWP study to be feature of ASHRAE
USA: The challenge to find lower GWP R22 alternatives that work efficiently in hot countries will be one of the topics under…
Aircon standards to save 885m tonnes CO2
USA: The US has announced new energy efficiency standards for commercial air conditioners and furnaces that are expected to save 885 million tonnes…
CSW acquires AC Leak Freeze
USA: Industrial conglomerate CSW Industrials has acquired refrigerant leak repair solutions company AC Leak Freeze for $16.75m….
Beijer Ref acquires Thai manufacturer
SWEDEN: Beijer Ref has acquired the remaining 40% stake in Thai manufacturing company Patton Aero….