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World News

2 Aug 2024

Stulz opens CoE in Dubai

UAE: Stulz, the German mission critical air conditioning manufacturer, has announced the opening of a new centre of excellence in Dubai. …

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Changes at MTA Deutschland as MD Escher steps down

GERMANY: MTA Deutschland, the German subsidiary of the Italian refrigeration and air conditioning manufacturer, has announced changes to its management and plans to merge its three German businesses….

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Beijer Ref acquires Spanish AC company GIA

SPAIN: Swedish wholesaler Beijer Ref is to acquire a majority shareholding in the GIA Group, one of Spain’s leading air conditioning suppliers….

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1 Aug 2024

Lindbergh acquires Italian contractors

ITALY: Lindbergh SpA, a group active in Italy and France in the maintenance, repair and operations sector, is to acquire the Italian contractors ITR Srl and Eco Manutenzioni Impianti Srl….

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31 Jul 2024

Johnson Controls CEO to step down

IRELAND: Johnson Controls chairman and CEO George R Oliver is to step down from the role he has held since 2017….

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LG air conditioners to be manufactured in Egypt

EGYPT: LG has signed a deal with Egyptian company Raya Electric to manufacture its LG-branded residential air conditioners in the country….

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Airedale takes data centre cooling control to US

UK/USA: Airedale by Modine has launched its Cooling System Optimizer data centre cooling controls system in the US….

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29 Jul 2024

Nordic Climate expands Danish interests

DENMARK: Danish refrigeration specialist SA-AL Køleteknik ApS, part of the Swedish Nordic Climate Group, has acquired fellow Danish contractor Polarkøl ApS….

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Lennox celebrates by ringing the NYSE bell

USA: Lennox celebrated the 25th Anniversary of its initial public offering, today, with CEO Alok Maskara ringing the closing bell at the New York Stock Exchange….

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25 Jul 2024

Carrier sales up 12%

USA: Carrier has reported strong Q2 2024 financial results with sales up 12% to $6.7bn compared to last year….

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