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

Daikin completes AHT purchase

JAPAN: Daikin has confirmed the completion of its acquisition of Austrian commercial refrigeration company AHT.

The acquisition of all equity interest for AHT has been completed through the Japanese air conditioning manufacturer’s subsidiary Daikin Europe NV. The acquisition price was €579m.

The deal, first announced in November, sees Daikin expanding on its European sales of refrigeration and freezing systems for supermarkets and convenience stores which it began in 2000. In 2016, Daikin acquired Italian commercial refrigeration manufacturer Zanotti, extending its business to industrial refrigeration equipment for food processing and warehouse storage in addition to refrigeration equipment used in shipping such as marine containers and overland trucks and vans.

Latest News

14th February 2025

Two convicted of R22 refrigerant smuggling

USA: Two men have been convicted for separate instances of smuggling R22 refrigerant into the USA from Mexico.
14th February 2025

REHVA and ASHRAE extend co-operation

USA: REHVA, the Federation of European Heating, Ventilation and Air Conditioning Associations, took advantage of this week’s ASHRAE winter meeting to renew its partnership with the US-based organisation.
14th February 2025

Manage Panasonic heat pumps in cascade

UK: Panasonic is launching its new Cascade Manager, Aquarea Cascade Edge, including P-Smart Edge and P-Smart Nexus. 
14th February 2025

Eurovent calls for recognition of HVACR sector

BELGIUM: The European manufacturers' group Eurovent is calling for the recognition of the HVACR sector in the EU’s Clean Industrial Deal and related policies, to preserve the industry's competitiveness.
14th February 2025

Swegon acquires American Geothermal 

SWEDEN/USA: Swegon has signed an agreement to acquire American Geothermal, a US manufacturer of heat pumps and chillers for the concrete industry and commercial HVAC sectors.
14th February 2025

China’s HFC emissions more than 20% of global total

CHINA: Figures claiming that China’s emissions of high GWP refrigerants now represent more than 20% of the global total have been described as untenable by the Environmental Investigation Agency.