World News
DiversiTech acquires thermostat maker Cielo
USA: HVACR component manufacturer and supplier DiversiTech has acquired one of its US suppliers, the Washington-based smart thermostat manufacturer Cielo. DiversiTech took…
Invertek appoints manager for France and North Africa
UK: Invertek Drives has announced the appointment of Jean-Bernard Coulanges as HVACR business development manager for France and North Africa….
Beijer Ref reports highest EBITA margin
SWEDEN: Wholesaler Beijer Ref has reported a net sales increase of 5% in Q2 to SEK10,181m (€905m) and its highest ever EBITA margin of 12.2%….
Probation for R404A smuggler
USA: An HVAC engineer has received three-year’s probation for intentionally failing to present refrigerant tanks for inspection when attempting to enter the…
Caverion buys Johnson Controls Finland
FINLAND: Finnish building services company Caverion has agreed the acquisition of the service and maintenance business of Johnson Controls Finland for an…
Epta acquires Hauser GmbH
ITALY/AUSTRIA: Epta, the Italian commercial refrigeration equipment manufacturer, has acquired a majority interest in Hauser GmbH, the Austrian display cabinet and refrigeration systems company….
Leak detection system receives US patent
USA: San-Jose-based Axiom Cloud has been granted a US patent for its automatic refrigerant leak detection system and method….
LG reveals HVAC expansion plans
SOUTH KOREA: LG Electronics has revealed plans intended to make it a top-tier global HVAC solutions provider by 2030 with revenues of US$14.6bn….
Munters breaks ground on US chiller facility
USA: Swedish climate solutions business Munters has broken ground on an expansion of its facility in Daleville, Virginia, to enable the production of chillers. …
Arneg acquires Frigomeccanica
ITALY: Commercial refrigeration manufacturer Arneg has acquired fellow Italian company Frigomeccanica Srl, a specialist in ice cream display freezers, pastry showcases and deli and supermarket displays….