Trane Technologies, a global climate innovator, has completed the acquisition of Farrar Scientific, which the company initially announced in a press release on September 13, 2021.
Acquisition of Farrar Scientific
Farrar Scientific is a critical supplier for bioscience and biopharmaceutical customers that provides proprietary technology, to fill an unmet need for flexible, modular and efficient ultra-low temperature processing and storage, including cooling and heating/thawing.
“We are delighted to officially welcome Farrar Scientific associates,” said Holly Paeper, who has been appointed as President of Trane Technologies’ new Life Science Solutions business, which operates as part of the company’s Commercial HVAC business unit.
Refrigeration, cold chain and climate controls expert
Holly Paeper adds, “Trane Technologies’ world-class business operating system and expertise in refrigeration, cold chain and sustainable climate controls, combined with Farrar Scientific’s specialized expertise in ultra-low temperature control, will enable us to deliver even greater value to customers, around the world, in the critical biopharmaceutical and life science industries.”
