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

Sauermann buys Kimo distributors

FRANCE: Sauermann has followed up its acquisition of instrument maker Kimo, last year, by buying two of its Southern European distributors.

The purchase of Kimo’s Spanish distributor Adrover Instruments SL, last week, followed a similar deal for Ki Srl in Italy in May.

Condensate pump manufacturer Sauermann says the acquisition provides it with a strong base in the region with established offices in Barcelona, Madrid, Bologna and Milan. The Spanish subsidiary will be renamed Sauermann Iberica Pumps and Instruments .

“With this acquisition, Sauermann and Kimo are taking further strong steps together to expand in Southern Europe,” said Serge Bohyn, CEO of the Sauermann Group. “I look forward to increasing our proximity to our customers and providing them with a wide array of top-quality instruments, condensate removal pumps and services.”

The Sauermann Group acquired Kimo, the French market leader for measurement instruments, in July 2015.

Latest News

10th November 2024

Climaveneta to build new $47m plant in India

INDIA: Chiller manufacturer Climaveneta Climate Technologies is to Invest around $47m on a 23,000m2 manufacturing facility, located at Narasapura, near Bengaluru.
8th November 2024

Daikin invests in composite materials technology

JAPAN: Daikin has invested in Japanese metal matrix composite materials manufacturer Advanced Composites Corporation to advance the application of the technology to air conditioning equipment parts.
8th November 2024

Kuwait signs Kigali agreement

KUWAIT: The  the State of Kuwait, has followed its Gulf neighbours Bahrain and the United Arab Emirates in signing up to the Kigali Amendment to the Montreal Protocol.
8th November 2024

CO2 heat pump achieves ecodesign mark

NORWAY: Oslo-based heat pump manufacturer Tequs claims to be the first to achieve Ecodesign certification for its high-temperature, water-to-water CO2 heat pumps.
8th November 2024

Has Daikin finally cracked CO2 VRF?

BELGIUM: As a possible solution to the viability of VRF air conditioning technology in a low-GWP future, Daikin will preview a CO2 VRF system at the ISH show in March.
7th November 2024

Enter the AI-powered propane heat pump

UK: A new manufacturer has entered the heat pump market with a propane air-source unit powered by artificial intelligence to create “significant” energy savings.