World News

Industry news and insights from Europe and around the World

UK News

Latest news and developments in the United Kingdom


Keep up-to-date with the latest new products and technology


General articles, applications and industry analysis

Death of CEO had “significant impact”

MacwhirterlogocopyUK: The death of MacWhirter CEO Tony MacWhirter is said to have had “a significant impact” on the Cardiff-based contracting business which went into administration at the beginning of July.

According to a report on the Insider Media website, the company’s administrator Deloitte expect to repay secured and preferential creditors in full. However, unsecured creditors, owed a combined £3.05m, are set to miss out with Deloitte estimating a shortfall of £2.9m.

The death in January of Tony MacWhirter is described as having “a significant impact on the work that the company could deliver”.

It experienced a sharp downturn in gross margin on two large installation jobs in Bristol and Southampton, and in June 2015 the business was notified by one of its major customers of a substantial liquidated damages claim as a result of delays and refused to pay about £300,000 owed to the company.

Related stories:

Tony MacWhirter – passing of a legend – January 27, 2015
UK: Tony MacWhirter, a hugely influential figure in the UK air conditioning and refrigeration industry over the last 30 years, passed away last week. Read more…

MacWhirters in administration – July 7, 2015
UK: Long-established air conditioning and refrigeration contractor MacWhirter Limited has gone into administration. Read more…

Latest News

20th July 2024

Munters set to acquire Geoclima

SWEDEN/ITALY: Pioneering Italian chiller manufacturer Geoclima is set to be acquired by Swedish air treatment and climate solutions company Munters. 
19th July 2024

Bank to retrofit 62% of branches to heat pumps

CANADA: The Royal Bank of Canada (RBC) has announced a multi-million-dollar retrofit of its branches in Canada to low-carbon heating and cooling systems such as heat pumps.
19th July 2024

Madrid installs cool bus shelters

SPAIN: Madrid’s municipal bus company EMT has installed bus shelters with in-built cooling systems at two locations in the city. 
19th July 2024

Beijer Ref reports record profit in Q2

SWEDEN: Wholesaler Beijer Ref has revealed Q2 as its best ever quarter, with sales of SEK9,681m (€835m) and record profitability.
18th July 2024

Climate committee calls for action on heat pumps

UK: A UK government advisory body has backed calls to make electricity cheaper by removing policy costs from electricity prices. 
18th July 2024

Customs block quota-busting F-gas shipment

ITALY: An unnamed “specialised” company from the Piedmont region of northwest Italy faces a fine of up to €150,000 for exceeding its F-gas import quota.