World News
Euro stats reflect rise of data centre cooling
FRANCE: The latest report on the European HVACR market charts a rise in sales of dry coolers, chillers and data centre cooling equipment….
EC rejects call to review F-gas regulation
EUROPE: The European Commission has refused a call to re-evaluate the F-gas regulation 2024/573 in the light of a slump in heat pump sales….
Heat pump company Qvantum raises €108m
SWEDEN: Swedish heat-pump systems and technology company Qvantum has raised €108m in Series C capital, including a debt facility of €15m, to increase production and drive European expansion….
Daikin air conditioning in “living laboratory” project
JAPAN: Daikin is to carry out demonstration experiments of a new air conditioning system that will create spaces where people can feel more comfortable and healthy both physically and mentally….
Keymark reaches 10,000th certification
BELGIUM: Ten years on from its establishment by the heat pump industry, the Keymark scheme has achieved its 10,000th heat pump certification….
Hoshizaki buys US distributor
JAPAN/USA: Hoshizaki has acquired its US distributor Cannon Marketing Inc (CMI) to strengthen its sales in southeastern United States….
Paloma to acquire Fujitsu General for $1.63bn
JAPAN: The Fujitsu board has backed an offer of JPY256bn ($1.63bn) for its Fujitsu General air conditioning business from Paloma Rheem Holdings, owners of US HVACR manufacturer Rheem….
Vital medical equipment wins F-gas ban reprieve
EUROPE: Certain types of specialist low temperature laboratory and medical equipment have been granted a temporary exemption from a European F-gas regulation ban which came into force on January 1….
Beijer Ref completes Cool4U acquisition
SWEDEN/HUNGARY: Beijer Ref has acquired the remaining shares in Cool4U, the Hungarian HVAC distributor and representative of Chinese manufacturer Gree….
SeaCube trials Thermo King’s electric genset
USA: Refrigerated intermodal equipment leasing company SeaCube is working with French shipping and logistics company CMA CGN to field test Thermo King’s E-COOLPAC battery-powered refrigerated container genset….