World News

Industry news and insights from Europe and around the World

UK News

Latest news and developments in the United Kingdom

Products

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

Features

General articles, applications and industry analysis

Phil Ord joins Qvantum as UK CEO

UK: Phil Ord, former commercial product group director at Mitsubishi Electric, has been appointed CEO of Qvantum Energy Technology Ltd, the UK subsidiary of the Swedish heat pump manufacturer.

Ord joins Qvantum after a career spanning over 20 years at Mitsubishi Electric Living Environmental Systems UK. He first joined the company as an apprentice service engineer in 2001, rising through the ranks of design, sales and marketing roles.

Qvantum Energy Technology Ltd was established last year and is based in Leicester. Its Swedish parent was founded in Sweden in 1993 and is headquartered in Limhamn, near Malmo.

Last year, Qvantum raised €42m to complete a new heat pump production facility in Åstorp, near Helsingborg. In a further boost to its heat pump production capabilities, it acquired Electrolux’s Hungarian refrigerator factory in September in a €38m deal. The facility is undergoing a phased conversion to heat pump production and is expected to start production during the second half of this year.

Related stories:

Qvantum plant has 1 million heat pump capacity15 September 2023
SWEDEN: Swedish manufacturer Qvantum has acquired Electrolux’s Hungarian refrigerator factory with a potential output of one million propane heat pumps per year. Read more…

Qvantum raises €42m to launch “natural” refrigerant heat pumps – 8 January 2023
SWEDEN: Swedish company Qvantum has raised €42m to support the launch of next generation modular electric heat pumps using “natural” refrigerants. Read more…

Latest News

17th April 2024

Daikin’s Crombez elected EHPA president

BELGIUM: Patrick Crombez, Daikin Europe’s general manager heating and renewables, has been elected as president of the European Heat Pump Association (EHPA).
17th April 2024

Daikin UK moves distribution to Daventry

UK: Daikin UK is to open a new 240,000ft2 distribution warehouse in Daventry in partnership with logistics partner GXO.
16th April 2024

Tesco first with CO2/R1270 refrigerated truck

UK: Tesco is the first company in the UK to use refrigerated vehicles with a German manufactured refrigeration unit using CO2 and R1270 (propene).
15th April 2024

Invertek passes 3 million VFD landmark

UK: Welshpool-based Invertek Drives Ltd has celebrated producing its three millionth variable frequency drive.
15th April 2024

CDL opens Holmes Chapel branch

UK: Air conditioning distributor Cool Designs Ltd (CDL) has opened a new branch at Holmes Chapel near Crewe.
15th April 2024

Nidec to increase water cooling production

JAPAN: Nidec is to increase production of its coolant distribution unit (CDU) production line in Thailand from 200 to 2,000 units per month by June 2024.