World News
Vertiv to buy heat exchanger firm ThermoKey
USA/ITALY: Critical digital infrastructure solutions provider Vertiv is to acquire Italian heat exchanger company ThermoKey SpA….
NZ opens plasma arc refrigerant destruction plant
NEW ZEALAND: A new NZ$10m (€5m) refrigerant destruction plant, the first of its type in the southern hemisphere, has been officially opened in Kawerau on New Zealand’s North Island….
Liquid cooling company acquired in $4.75bn deal
USA/CANADA: Canadian data centre liquid cooling company, CoolIT, has been acquired by Ecolab, a US water, hygiene and infection prevention solutions provider, for $4.75bn….
Retailers fined over $1.1m for selling R134a
USA: Amazon and Walmart have received penalties totalling over $1.1m in the USA for illegally selling R134a to the general public….
Grafton buys Spanish distributor Mercaluz
IRELAND: Grafton Group, the Dublin-based construction product distributor, has acquired Spanish air conditioning distributor Mercaluz….
Switchless AC system achieves 25% energy cut
JAPAN: Daikin claims to have achieved an annual energy saving of approximately 25% in a commercial zero-energy office building using a so-called “switchless” air conditioning system….
Eurovent guidance on cPCR rules
BELGIUM: Eurovent has published a new Recommendation providing guidance on complementary product category rules (cPCR) for heat pump and air conditioning equipment….
Lu-Ve returns to growth with record EBITDA
ITALY: Heat exchanger product manufacturer Lu-Ve returned to growth in 2025, with turnover up 2.8% to €605.4m and returning a record EBITDA of €88.7m….
Eva Karlsson appointed CEO of Swegon
SWEDEN: HVAC manufacturer Swegon has appointed Eva Karlsson as CEO of the group, following the departure of Andreas Örje Wellstam….
Belgium to auction 14 tonnes of seized R134a
BELGIUM: Nearly 14 tonnes of confiscated R134a refrigerant is expected to raise over €62,000 in an auction being organised by the Belgian government finance agency. …