Mergers & Acquisitions - News

Trane Technologies, a global climate innovator, has been named to the S&P Dow Jones Sustainability World Index for the second consecutive year and the North America Index for the twelfth consecutive year. The company performed in the 97th percentile in the Capital Goods industry in the S&P Global Corporate Sustainability Assessment (score date: Oct. 21, 2022), with perfect scores of 100 in both the environmental and social reporting categories. Dow Jones Sustainability World Index...

The Eurovent Task Force ‘Polyvalent Units’ has elected Alberto Ferrandi (Swegon) as the new Group Chairman. He will be supported by the newly elected Vice-Chairman - Francesco Di Giovanni (Daikin). Alberto Ferrandi, Product Manager at Swegon Group was elected as the new Chairman of the Task Force during its first physical meeting in Antalya on 28 October, 2022. He has in-depth knowledge of thermotechnics, thermofluid-dynamics, electrical engineering, transmission, and production of...

The Government’s recently announced ECO+ Scheme has been hailed as a welcome step in the right direction in improving energy efficiency in UK homes by an industry trade body. ECO+ scheme Set to launch in Spring 2023, the ECO+ scheme will set aside £1 billion to improve insulation among the UK’s homes. It will help to reduce energy costs for households by around £310 a year and extend support to those in the least energy-efficient homes in lower Council Tax bands. It fo...

iGas USA, one of the world’s largest refrigerant gas suppliers, announces the opening of their newly constructed, 2 million sq. ft. state-of-the-art production facility which is located on 40 acres of land in Abu Dhabi. Currently, iGas is in process of fulfilling its first production run with initial deliveries to arrive in the US in early Q1-2023. efficiency of refrigerant gas At the forefront, iGas promotes the production, efficiency, and quality of refrigerant gas “We are very...

Johnson Controls, the global pioneer for smart, healthy, and sustainable buildings, will showcase innovative, new technologies and capabilities that address decarbonization and occupant health, safety, and comfort along with Johnson Controls-Hitachi at the upcoming 2023 AHR Expo (booth B1617), Feb. 6-8 in Atlanta, Georgia, USA. At the show, Johnson Controls will demonstrate its products and solutions that improve sustainability and optimize building performance aligned with pending U.S. governm...

Modine Coatings, a division of Modine Manufacturing Company and a pioneer in corrosion-resistant coatings technology for the HVAC industry, is partnering with Wright Sales to expand access to the GulfCoat® Contractor Series product line and the Insitu® Spray Applied Coating Services. As part of the partnership, Wright Sales, a RectorSeal manufacturing representative, will market Insitu® Spray Applied Coating Services and the complete line of GulfCoat® Contractor Series products...

Superior Sensor Technology announced its precise differential pressure sensor technology has the potential of greatly improving the detection of ammonia leaks or clogs in HVAC or industrial refrigeration equipment. Using an advanced pressure sensor technology, called NimbleSense, the company’s differential pressure sensors achieve extreme pressure measurement accuracy within 0.05% of the selected pressure range. When used in HVAC and industrial equipment, this precise measurement capabili...

Johnson Controls International plc (JCI), the globally renowned company for smart, healthy and sustainable buildings, has named Jim Lucas as Vice President of Investor Relations, effective from now. Olivier Leonetti, the Chief Financial Officer (CFO) at Johnson Controls, said “I am thrilled to welcome Jim to our team. His diverse background and strong track record of financial leadership, investor relations strategy, and Wall Street expertise will be invaluable to Johnson Controls.”...

With businesses around the world facing unprecedented pressure from the cost of energy and the urgency of climate change, a new report from the Energy Efficiency Movement shows that improving industrial energy efficiency is the fastest and most effective way for a business to cut energy costs and greenhouse gas (GHG) emissions. The Energy Efficiency Movement is a global forum of around 200 organizations sharing ideas, best practices and commitments to create a more energy-efficient world. &lsq...

Alpha continues to grow its renewables team with the new appointment of Neil Jarman. Neil will be stepping into a newly created role as Renewable Sales Manager. The role was created to help lead the company’s expansion into the renewable heat pump market and reinforces its commitment to a more sustainable future. Neil's experience  Neil will bring to Alpha a wealth of experience, that spans 40 years, and a proven track record of success within the industry. Neil’s expertise...

The Eurovent Product Group ‘Air Curtains’ (PG-CUR) has elected Carsten Dittmar (Systemair) as its new Chairman and Michael Hims (Carver) as the new Vice Chairman. The election took place during the Product Group meeting at the 2022 Eurovent Summit in Antalya, Türkiye. Carsten Dittmar, the Commercial Product Area Director at Systemair, was elected as the new Chairman of the Product Group during its meeting on October 25, 2022, in Antalya, Turkey. He has extensive experience in m...

The Thybar Corporation plant at Jacksonville, in Florida, USA, will be focused on providing seismic/wind roof curb services to the Southeast US region.  The plant can ship and deliver roof curbs within this region at an extremely fast pace and at a competitive price. Thybar's team of engineers will ensure that the roof curb is fabricated to meet all project specifications. 

Scottish Power is excited to announce that it has been recognized for its digital commitment to providing customers with a best-in-class user experience across the iOS and Android apps. eCommerce Awards The eCommerce Awards are open to companies from across all UK business sectors, not just the utility industry, putting into context the scale of the achievement. The use of the app has grown significantly, especially in 2022, representing around two-thirds of all logins. The ease of use is ref...

Airedale by Modine, the critical cooling specialists, has announced the launch of its Cooling System Optimizer solution – a sophisticated controls package that delivers optimal performance across entire chilled water cooling systems in large data centers, in response to industry demand for sustainable, stable and secure cooling as facilities move towards complex variable flow primary-only chilled water systems. Leveraging the benefits of single-loop water cooling systems, as well as remai...

To meet the needs of HVAC design engineers, Carrier released a new version of Hourly Analysis Program (HAP), its peak load and energy modeling software. Carrier is a part of Carrier Global Corporation, the provider of healthy, safe, sustainable, and intelligent building and cold chain solutions. HAP v6 To reduce the time and effort required to create high-quality building models, HAP v6 combines a streamlined workflow with an extensive array of advanced 3D building modeling features, all woven...

Plumbing and heating installers are very optimistic about the future of their businesses, as more households explore low-carbon heating solutions, according to new research.  Research details  Daikin UK’s latest Installer Confidence Monitor, which surveys members of its Sustainable Home Network, found that over half (53 percent) predict that between half and all their business will come from installing heat pumps and hybrid heat pumps in the next five years. Meanwhile, almost...

Hamworthy Heating, a trusted British manufacturer and supplier of commercial heating and hot water products, officially launched its Tyneham Heat Pump range on Tuesday 15th November at an exclusive event attended by key customers and media.  The event was held at Mercedes-Benz World in Surrey, where guests received a presentation on Hamworthy Heating’s first-ever air source heat pump and had the opportunity to get hands-on with the product and interact with the Hamworthy He...

Eurovent has released its new Recommendation 6/18 on quality criteria for Air Handling Units (AHUs). The document, prepared by the Eurovent Product Group ‘Air Handling Units’, provides information on various issues pertaining to requirements for AHUs. The purpose of the Recommendation 6/18 is to provide a comprehensive overview of features that determine highly efficient operation and correct service of AHUs, which are a measure of the AHU quality. New Recommendation 6/18 on qualit...

Air Movement and Control Association (AMCA) International, Inc. have announced the approval of California Energy Commission (CEC) regulation for commercial and industrial fans and blowers, as part of the US state of California’s Title 20 appliance-efficiency regulations. The California Energy Commission (CEC) on Nov. 16, 2022 approved a long-in-the-works efficiency regulation. Manufacturers of equipment covered by the regulation have until Nov. 1, 2023, to comply. AMCA approves CEC regul...

Business Development Resources (BDR), the training and business coaching authority for home services industry professionals, has scheduled an additional session of Profit Launch in February to meet the growing demand for the premier live online business planning workshop for HVAC, plumbing, electrical, and home services contractors. The newly announced session of Profit Launch is scheduled for Feb. 1-3. “Business owners are looking for guidance on successfully navigating the challenges fa...

Mike Foster, the Chief Executive Officer (CEO) of the Energy and Utilities Alliance (EUA), said: “The Chancellor confirming the energy price cap will see a whopping increase up to £3,000 in April will inevitably worry millions of hard-pressed families. Our recent consumer survey found 78% of Brits support keeping the price cap on energy bills in place, so an increase that plunges millions into fuel poverty is not what any households wanted to see.” He adds, “This is part...

Geo is a net-positive energy home built for health, safety, and a sustainable, nature-inspired living experience. Designed by GIGA Construction (Austin, Texas), Geo is the first project in the Houston 610 loop to pair a Tesla solar roof with battery backup for electrical grid independence. The solar-powered residence keeps energy requirements low with an airtight envelope, insulation, LED lighting, and highly efficient appliances. Mitsubishi Electric’s variable-capacity heat pumps provide...

An award-winning community energy scheme in Nottingham has introduced a brand-new energy system, which predicts to reduce residents’ energy bills over the next year. Trent Basin is a housing development currently made up of over 70 energy-efficient homes being built on the banks of the River Trent that form an active energy community. The scheme is being delivered by developer Blueprint alongside a joint venture between the University of Nottingham and SmartKlub&n...

Thermo King, a strategic brand of global climate innovator - Trane Technologies (TT), has announced that R452A refrigerant will be the standard option on single and multi-temperature truck refrigeration units manufactured in North America. The transition continues Thermo King’s journey to provide more sustainable options for customers. New lower GWP R452A refrigerant The new lower Global Warming Potential (GWP) R452A refrigerant is available with Thermo King’s T-Series of large se...

Endeavor Business Media announced the acquisition of Automation World from PMMI Media Group, a B2B media company that produces information for packaging, processing, and automation professionals. Automation World Automation World reports on successful implementations that maximize return on industrial automation Automation World reports on successful implementations that maximize return on industrial automation. Each issue offers information for the entire automation team across all industri...

Trane Technologies, a global climate innovator, announces it will further reduce the carbon impact of its sustainable HVAC solutions by purchasing low-carbon steel from primary supplier Nucor Corporation, Econiq™, with an additional allotment from U. S. Steel, verdeX®. The steel will be used in U.S. manufacturing operations to build Trane® high-efficiency heat pumps and air conditioners for homes, and thermal management systems for commercial buildings such as schools and data cen...

Johnson Controls has announced that it has expanded its 25-year partnership with Clemson University under a new US$ 45 million net zero campus initiative that will generate savings to fund the entire project. Through the campus-wide improvements, Clemson University is projected to reduce its greenhouse gas (GHG) emissions by 20% by 2025, a major milestone toward its 2030 carbon neutrality goal. The updates will foster a modernized environment for learning and living, while generating estimated...

Carrier recently welcomed key UK commercial HVAC customers to Red Bull Racing’s global headquarters in Milton Keynes for its 2022 Customer Conference. Carrier is part of Carrier Global Corporation, providing healthy, safe, sustainable, intelligent buildings and cold chain solutions. The event provided an immersive Formula 1™ experience. It gave customers the opportunity to learn more about Carrier’s innovative solutions, the company’s plan to help customers become carbon...

CHV Home series range allows for efficient air conditioning, heating and hot water supply from 14 kW up to 31.5 kW for heating and from 12 kW up to 28 kW for cooling. A unique feature of the product is a combination of latest innovations of classic VRF system and the heat recovery function of the outdoor unit, when the cooling mode is on. This function to use the heat radiated by the outdoor unit during air conditioning in summer period and use it to heat water for hot water supply. CHV Home V...

Johnson Controls (JCI), the globally renowned company for smart, healthy and sustainable buildings, has named Lei Schlitz as the new Vice President (VP) and President, Global Products, effective immediately. In this role, Lei Schlitz will lead the Global Products business, succeeding Jeff Williams who retired earlier this year. She will be based in Milwaukee, Wisconsin, USA. Delivering increased customer value There is a multi-billion-dollar addressable market in front of us, with unconstrain...