World News
26th April 2023
Swedish heat pump sales up 20% in Q1
SWEDEN: Sales of heat pumps in Sweden increased by 20% during the first quarter of 2023, according to the Swedish cooling and heat pump association…
26th April 2023
Viessmann to invest in refrigeration business
GERMANY: The Viessmann Group says it will reinvest the primary proceeds from the €12bn sale of its Climate Solutions business to Carrier into its remaining…
25th April 2023
Carrier confirms €12bn Viessmann purchase
USA/GERMANY: Carrier has confirmed it will acquire Viessmann Climate Solutions, the largest segment of Viessmann Group, in a cash and stock transaction valued at €12bn. …
25th April 2023
Beijer Ref reports record first quarter sales
SWEDEN: Wholesaler Beijer Ref has reported a record first quarter with net sales reaching SEK7,378m (€652m), a 50.5% increase on 2022. Organic sales increased 14.5%…
25th April 2023
Beijer Ref to buy Bulgarian HVAC distributor
SWEDEN: Wholesaler Beijer Ref has signed an agreement to acquire 70% of the shares in Condex, a leading Bulgarian HVAC distributor. Beijer Ref also has…
25th April 2023
Carrier in talks to acquire Viessmann
USA/GERMANY: Carrier is reported to be in advanced talks to acquire German HVACR manufacturer Viessmann for more than $10bn including debt. Reports in the Wall…
24th April 2023
Woman charged with refrigerant smuggling
ROMANIA: Suceava border police have charged a woman with attempting to smuggle four cylinders of refrigerant across the border from Ukraine. The 34-year-old woman, with…
24th April 2023
Customs seek to identify seized refrigerant
CHILE: The Chilean government is seeking a local consultant to analyse the contents of 1,150 refrigerant cylinders seized by customs authorities and held in the…
23rd April 2023
Emissions increase after lockdown
EUROPE: EU greenhouse gas emissions increased by 6.2% from 2020 to 2021 but remained at lower level than before the pandemic, the latest European Environment…
23rd April 2023
Social media reveals growing AC popularity
NETHERLANDS: Data from social media has provided an insight into the increasing popularity of air conditioning worldwide. Researchers at Radboud University in Nijmegen argue that…
21st April 2023
Fridge firm investigated for price fixing
AUSTRIA: The Austrian competition authority Bundeswettbewerbsbehörde has reported that it is investigating an unnamed refrigeration equipment manufacturer for alleged anti-competitive practices. The company, said to…
20th April 2023
$250m fund to drive US heat pump production
USA: The US Department of Energy has announced a $250m fund to accelerate heat pump manufacturing in America. The DOE is extending applications to manufacturers that are interested…
19th April 2023
Bosch commits over €1bn to heat pump production
GERMANY: Bosch has committed more than €1bn over the remainder of this decade to further expand its heat pump development and manufacturing network in Europe.…
19th April 2023
Daikin apologises for German funding error
GERMANY: Daikin Germany is advising purchasers of an energy-labelling error on certain models of its air-to-air heat pumps that may preclude them from receiving German…
19th April 2023
Honeywell’s R455A lands in Italy
ITALY: Italian discount supermarket chain MD Discount has selected the lower GWP blend refrigerant R455A for its store in San Giovanni in Persiceto. This is said to…
17th April 2023
Fujitsu buys Norwegian distributor
JAPAN/NORWAY: Fujitsu General is to acquire 67% of the shares of Kløver Vest Holdings AS (KVH), parent company of its Norwegian air conditioning distributor ACsenteret…
17th April 2023
Facade panels as heat sources for heat pumps
GERMANY: A concrete solar thermal building facade panel is being developed and tested as a heat source for heat pumps.
16th April 2023
Ziehl-Abegg reports record annual sales
GERMANY: Fans and drives manufacturer Ziehl-Abegg has reported record annual sales for 2022 of €873m, a 22% increase on 2021. The company says this was…
14th April 2023
Rheem meets cold climate heat pump challenge
USA: Rheem has announced that one of its heat pumps has met the challenge set by the US Department of Energy (DOE) to develop more…
14th April 2023
Parts Town adds HVAC spares
USA: Parts Town, the Illinois-bases supplier of foodservice equipment parts, has expanded its business into the HVAC industry. Founded in 1987 as a restaurant equipment…
13th April 2023
Alfa Laval sources low-carbon copper
SWEDEN: Alfa Laval has teamed up with Swedish mining and smelting company Boliden as a source for low-carbon copper to produce its heat exchangers. Part…
13th April 2023
Gel-Clear signs Euro deal with Linum
UK/EUROPE: Gel-Clear’s range of refrigeration drainage and cleaning products are now being distributed in Europe following the signing of a deal with Linum Europe NV.…
12th April 2023
Investcorp takes majority stake in Shearer Supply
USA: Global alternative investment firm Investcorp has made a majority investment in Shearer Supply, a leading independent HVAC distributor in the southern US region. Founded…
12th April 2023
Magnetocaloric firm attracts €6.3m funding
GERMANY: A Darmstadt-based magnetic cooling startup company has attracted €6.3m of financing to drive forward the series production of refrigerators using the technology. MagnoTherm Solutions…
8th April 2023
MTH acquires Italian cold room door company
ITALY: MTH, the Italian manufacturer of insulated doors, refrigeration systems and components, has acquired a majority stake in Foris Index, a manufacturer of cold room…
7th April 2023
Lack of detail in F-gas revision is concern
EUROPE: Leading European industry groups have expressed continuing concerns at the F-gas proposals despite the more industry-friendly stance adopted by the Council of Ministers. On…
7th April 2023
Member states loosen F-gas revision proposals
EUROPE: The EU Council of Ministers has taken a more relaxed approach to the F-gas regulations, easing the quota step down and pushing back some of…