Trane acquires medical equipment company

USA: Trane Technologies has acquired Helmer Scientific, a US company specialising in precision temperature-controlled storage and processing solutions for hospitals, labs, blood banks, and pharmacies.
Trane says the acquisition supports its strategy to bring climate innovation and temperature-control solutions to more industries, including the fast-growing life sciences and clinical health markets.
The acquisition broadens Trane Technologies’ capabilities in precision temperature control and its existing portfolio of life science solutions and expertise under its Farrar brand.
“Helmer is a recognised leader in its field with industry-leading technology, an experienced team, and deep customer relationships with major clinical, acute care and life sciences companies around the world. We look forward to building on Helmer’s longstanding success as we combine our collective strengths to deliver even greater value to customers,” said Trane Technologies’ Life Science Solutions president Holly Paeper.
Helmer Scientific is headquartered in Noblesville, Indiana, where it will continue to operate.