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

EC clears Secop takeover of ACC Austria

secop_news2GERMANY: The Secop Group’s takeover of hermetic compressor manufacturer ACC Austria has passed EC regulatory controls and is expected to be completed by the end of the year.

Secop, the former Danfoss Household Compressor business and a subsidiary of the Munich-based industrial holding Aurelius first anounced the acquisition in April.

ACC Austria, a subsidiary of the Italian manufacturer currently in administraion, is a leading manufacturer of hermetic compressors for refrigerators and freezers with around 700 employees and sales of €150m in 2012.

The legal transfer of the business is planned for December 31, the business in Fürstenfeld scheduled to start operations on January 7.

“Secop plans to become one of the leading independent manufacturers for hermetic refrigeration compressors,” claims Secop Group ceo Mogens Søholm. “Together we are now the largest independent compressor manufacturer in Europe with a world-leading innovative strength.”

Secop manufactures hermetic compressors for refrigerators and freezers, light commercial applications and mobile applications. Secop’s headquarters with its R&D and Sales department and support functions is situated in Flensburg, Germany. Its production facilities are located in China and Slovakia as well as a component manufacturing site in Slovenia.

Latest News

26th February 2024

Modine buys Canadian AHU manufacturer

USA/CANADA: Modine has entered into a definitive agreement to acquire Canadian air handling unit manufacturer Scott Springfield Manufacturing. 
26th February 2024

Stulz partners on immersion cooling

GERMANY/NETHERLANDS: Stulz Modular, the data centre design, build and maintenance services provider, is cooperating with Dutch immersion cooling specialist Asperitas in the field of liquid cooling.
26th February 2024

Brian Streatfield 1936-2024

UK: Brian Streatfield, a man who was instrumental in the formation of Carrier in the UK during the 1970s, died at the weekend. He was 87.
25th February 2024

Safety is vital in global F-gas transition

UK: Institute of Refrigeration president Graeme Fox has warned of the real-world issues that the “rapid transition” to “natural” refrigerants poses for developing countries.
25th February 2024

Terrie Lamb wins lifetime achievement award

UK: Terrie Lamb of Cimetrics was recognised for 25 years of dedication to the RACHP sector in a night of awards at Thursday night’s annual Institute of Refrigeration (IoR) dinner.
25th February 2024

Boosting EV range with microwave energy

UK: Researchers from the University of Birmingham are working on an energy storage system which couples a chemical heat pump with microwave energy to produce heating or cooling on demand.