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

Systemair buys Austrian AHU firm Frivent

SWEDEN: Systemair has acquired the Austrian air handling unit manufacturer Frivent Luft- & Wärmetechnik.

Based in St Johann in Tirol, Austria, Frivent was established in 1976 and has a turnover of around €7m.

In addition to air handling units, the company also produces heat recovery systems and special roof units for niche applications.

“We see great opportunities with the company’s unique knowledge within niche applications and their current market presence. This acquisition gives us a strengthened position in the region and a possibility to coordinate our activities in Austria,” said Systemair’s president and CEO Roland Kasper.

Related stories:

https://www.coolingpost.com/world-news/systemair-buys-german-air-curtain-company/

https://www.coolingpost.com/world-news/systemair-merges-holland-heating/

 

 

Latest News

29th February 2024

Beijer Ref to acquire Australian firm QAE

SWEDEN/AUSTRALIA: Beijer Ref will expand its position in the Australian market with the agreement to acquire 60% of the shares in Sydney-based Quality Air Equipment (QAE).
29th February 2024

Chemours places CEO on administrative leave

USA: Chemours has placed its president and CEO Mark Newman, CFO Jonathan Lock and principal accounting officer Camela Wisel on administrative leave pending the completion of an internal review.
28th February 2024

Seeley to boost production in US export push

AUSTRALIA: Evaporative cooling equipment manufacturer Seeley International is to upgrade and expand its manufacturing plant in Lonsdale, South Australia, to boost exports to the USA.
28th February 2024

EPEE calls for RACHP recognition

BELGIUM: The European Partnership for Energy and the Environment (EPEE) has called for recognition of the critical role of RACHP technologies in energy efficiency and climate mitigation. 
28th February 2024

PSH compressor a “game-changer” for heat pumps

USA: The new Danfoss PSH scroll compressor with vapour injection allows for a wider range of operating temperatures and could be a potential “game-changer” for heat pump adoption.
28th February 2024

UK should heed Euro heat pump decline

UK: The Heat Pump Association (HPA) has called on the UK Government to take heed of the decline in European heat pump sales and institute clear, consistent and decisive action.