Mergers & Acquisitions - News

Eurovent has announced extending its welcome to ABB, one of the world’s renowned manufacturers of HVACR drives, motors and controls, as its newest Corresponding Member. The membership for ABB was approved during the Eurovent Board of Directors meeting, held in February 2022. New Eurovent member - ABB ABB is one of the internationally recognized manufacturers of drives, motors and controls for HVACR applications, with a global footprint, supporting the HVAC industry across the world, with...

Along with supplying 100% green electricity as standard across all their tariffs, a huge priority for SO Energy has always been helping their customers get as close as they possibly can to the source of that green energy. With this in mind, SO Energy is very excited to share news of their brand new partnership with Ripple Energy, the largest wind farm owned by the customers it supplies globally. SO Energy - Ripple Energy partnership Customers can now literally part-own the wind farm itself -...

Multi-Wing America, the North American subsidiary of the Multi-Wing Group, announced that they have opened a new manufacturing plant in New Caney, Texas, USA. Located near Houston, the new manufacturing facility has begun production of select high-volume Multi-Wing modular axial fans for engine cooling and HVACR applications. New manufacturing plant in Texas Additionally, SMARTPACK and CUSTOMFAN fan packs, from E Flow Technologies, will also be manufactured in the new Texas facility. E Flow T...

Johnson Controls, the globally renowned company for smart, healthy and sustainable buildings, has received market-leading scores for its integrated AI-infused solutions, in Verdantix’s assessment of 17 of the most prominent IoT platforms, on their ability to deliver value and support enterprise-scale architecture. Verdantix, a noted independent research and advisory firm, made its determination after live product demonstrations and an extensive questionnaire and survey of 285 real estate...

EDF Renewables Ireland is announcing plans to develop a c.50MW wind farm on land east of Broadford in Co. Clare. The proposed Lackareagh Wind Farm, which could power more than 35,000 homes, will be located in the townlands of Killeagy and Shannaknock.  Detailed environmental studies The project team is currently gathering wind data and mapping the environmental constraints on site which will be used to create a preliminary wind turbine layout. Detailed environmental studies will also be c...

Redwood Services (Redwood), a renowned home services firm that is focused on investing in major residential HVAC, plumbing and electrical services companies, in growing U.S. markets, has announced it has invested in Arlinghaus Plumbing, Heating and Air Conditioning (Arlinghaus). Based in the Greater Cincinnati area, Arlinghaus has been offering plumbing, heating and air conditioning services to home owners throughout much of the US States of Kentucky, Indiana and Ohio, since 2008. Arlinghaus P...

Johnson Controls, the globally renowned company for smart, healthy and sustainable buildings, showcased a complete range of smart home security, controls, and HVAC products, at the 2022 National Association of Home Builders (NAHB) International Builders’ Show, at booth W4283, from Feb. 8 to Feb. 10, 2022, at the Orange County Convention Center, in Orlando, Florida, USA. 2022 NAHB International Builders’ Show The Johnson Controls exhibit at the 2022 NAHB International Builders&rsquo...

Danfoss has updated and enhanced its service offering to create a more sustainable, scalable, and secure cloud-based portal for managing food retail operations. Previously known as Danfoss Enterprise Services (DES), Alsense is optimized to provide new levels of efficiency. Supermarkets and food retail stores can reduce their net energy consumption by up to 30% with Alsense, saving money and reducing food waste. Alsense, fully connected service platform We’re excited to introduce this fu...

When it comes to an HVAC system’s energy recovery wheel, users may not be thinking about all the features and benefits. After all, it’s tucked away and not something users take notice of every day until users do.  Energy recovery wheels are the workhorse of energy recovery ventilation systems. And with many facility managers responsible for increasing ventilation in the age of the pandemic, those wheels are working harder than ever. So, with that in mind, users inevitably...

Danfoss has named Jae Chon, the Director of Strategic Markets at Chesapeake Systems, a renowned Maryland-based HVAC consultant and equipment distributor, as its 12th EnVisioneer of the Year for their work on retrofitting the Towson Courthouse in Towson, Maryland. Chesapeake Systems recognized Chesapeake Systems was the project manager firm responsible for upgrading the courthouse’s HVAC system with a synchronized hydronic loop, utilizing Danfoss high efficiency scroll compressors, pressu...

SO Energy talked extensively about how to save energy in the home on its website and in many face-to-face office conversations. With energy prices rising, it’s never been more important to save energy, and so for a new perspective, it asked customers for their energy-saving tips. highlights Have an energy champion Have someone in the home whose responsibility it is to check lights are off, the thermostat is turned down and no appliances are left on standby needlessly.  Only...

Edinburgh-based water retailer, Business Stream has delivered nearly £100,000 of funding to nine public sector initiatives, through its annual Public Sector Scotland (PSS) Water Efficiency Fund. The fund is part of a commitment made by the company to support public bodies across Scotland to deliver water efficiency projects, designed to deliver environmental and financial savings. Funding for water efficiency projects In 2022 successful candidates include a Glasgow City Council scheme a...

Building Talent Foundation (BTF) has announced the main findings of a residential construction workforce engagement study designed to probe into tradespeople opinions about their career plans. To improve industry strategies for building talent retention, BTF launched the survey with the support of Leading Builders of America (LBA). Amid increasing competition for frontline workers due to the COVID-19 pandemic, BTF and LBA sought to better understand the current levels of engagement and prioriti...

Carrier Corporation, the global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, has signed a binding agreement to acquire Toshiba Corporation’s (TOKYO: 6502) ownership stake in Toshiba Carrier Corporation (TCC), a variable refrigerant flow (VRF) and light commercial HVAC joint venture with Carrier. The planned acquisition will strengthen Carrier’s position in one of the fastest-growing HVAC segments, as well as scale its global VRF product p...

Trimble has announced an innovative mixed-reality solution for construction layout, with the introduction of the FieldLink MR app. Built on the powerful Trimble Connect collaboration platform, Trimble FieldLink MR offers a completely new way to perform construction layout, enabling professionals to quickly navigate to tasks on the jobsite, getting more done in less time. The app runs on the Trimble XR10 with HoloLens 2, a hardhat-integrated mixed-reality device. Trimble FieldLink MR Trimble w...

EDF Renewables UK is launching its 2022 apprenticeship scheme, which will offer applicants from all over the country the opportunity to become Onshore & Offshore Wind Turbine Technicians. As part of the scheme, new recruits will spend a year and a half at Tyne Coast College at the Wallsend Campus, before learning the practical elements of the job at a number of EDF Renewables sites. These include operational wind farms such as Dorenell and Fallago Rig Wind Farm in Scotland, and service cent...

DRI-STEEM Corporation, the manufacturer of humidification, evaporative cooling, and water treatment products, announced that they are offering a free ON-DEMAND webinar that addresses the important role of humidity control in reducing airborne virus transmissions in K-12 schools. The webinar is presented by David Baird, DriSteem Senior Applications Manager. Maintaining relative humidity levels  The COVID-19 pandemic is changing the way people do almost everything. It is not the first virus...

Viessmann supports the "Zeit zu starten" ("Time to start") training initiative of the Zentralverband Sanitär Heizung Klima (ZVSHK) ("Central Association for Sanitation, Heating and Air Conditioning"). As part of its V+ partner program, Viessmann has also launched a trainee campaign to support its partners in their search for trainees with a communication offensive, among other things. climate protection This is because there are currently almost 30,000 open apprenticeship positi...

The Viessmann Foundation is taking another important step towards expanding its social and societal responsibility. By providing 500000 Euros in funds, Viessmann, the globally renowned provider of climate solutions has made the largest single donation in its history. The money will be used to set up a new ‘professional unit for Sustainable Healthy Nutrition’ at the National Cancer Prevention Center in Heidelberg, Germany. Better promote cancer prevention Cancer is the second most...

SO Energy has a responsibility as an employer to give all of their SO Energists a place to work that is safe, and that promotes health and well-being of everyone. The company knows that having happy and healthy employees is the only way they can all succeed, and so they work very hard to create an environment that encourages that. It’s for this reason - and the fact that they’re proudly a London-based company that hires locally - that SO Energy is thrilled to have met the criteria f...

The Board of Directors of Trane Technologies plc, a climate innovator, declared a quarterly dividend of $0.67 per ordinary share, or $2.68 annualized. The dividend is payable March 31, 2022, to shareholders of record on March 4, 2022. The declaration was consistent with the company’s previously announced intention to increase the dividend by 14%. When combined with the dividend increase of 11% in the first quarter of 2021, the annual dividend is up 26% since launching as a company focused...

The Danfoss Turbocor VTCA400 compressor has received the prestigious ‘Product of the Year’ award at the AHR Expo 2022, in Las Vegas, Nevada, USA. The panel of third-party ASHRAE member judges selected the winning product from this year’s 10 AHR Expo Innovation Award winners. The Turbocor VTCA400 had previously been named the winner in the Cooling category as well. Turbocor VTCA400 compressor The Turbocor VTCA400 compressor is the world’s first oil-free, variable-speed,...

Johnson Controls, the globally renowned company in smart, healthy, and sustainable building solutions, will address the worldwide HVAC industry’s top challenges, with an array of new products and solutions, at the AHR Expo 2022, at Booth C1336, from Jan. 31 through Feb. 2, 2022, at the Las Vegas Convention Center, in Las Vegas, Nevada, USA. AI and digital technologies The Johnson Controls exhibit will focus on the importance of connectivity and innovation, in order to solve modern built-...

Infinitum Electric, the creator of the breakthrough air-core motor, has announced at the AHR Expo 2022, a new product line specifically built to support Canadian HVAC fan, pump and general purpose applications. The new product line is an extension of Infinitum Electric’s IEs Series motors and will be available in the 575V, 5-15 horsepower range in the second half of 2022. Ultra-high efficiency electric motors With the addition of the Canadian products, Infinitum Electric is delivering t...

Every effective HVAC Company starts with an effective business plan! They’ve provided an outline and it contains everything from the introductory summary, business summary, service offering, market analysis, business responsibilities and operations, and financial planning. A business plan is crucial for the growth and success of any HVAC company. Business owners should identify where they are now, the direction they want their business to go, their plan to get there, and research on the c...

Trane Technologies plc, a global climate innovator, has been named to the Fortune magazine World’s Most Admired Companies list for the tenth consecutive year. “We’re very proud of this significant honor,” said Dave Regnery, Chair and CEO of Trane Technologies, adding “Every day, our people around the world bring our purpose to life by boldly challenging what’s possible for a sustainable world.” improves indoor air quality “Our innovati...

BrainBox AI, a pioneer in predictive and self-adaptive commercial building technology, is pleased to announce its global distribution agreement with ABB. ABB will offer BrainBox AI’s technology services with a co-branded customer User Interface (UI). This step confirms the next phase of the key relationship, following the October 28, 2021, Series A funding announcement, wherein ABB participated as a lead investor. ABB – BrainBox AI partnership This agreement demonstrates ABB&rsquo...

NIBCO Inc. has announced its Wrot Racer ‘Start Me Up’ promotion to celebrate its next generation of push fittings that it recently launched. The multi-faceted promotion centers on the Wrot Racer C8 Corvette will tour the U.S., making stops at distributor locations that have qualified. The ‘Start Me Up’ promotion provides a quick and easy way for distributors to take on immediate inventory of the new Wrot Racer copper push fittings. Distributors who meet the minimum stock...

The GLO UV-C disinfection upper-room fixture series from UV Resources now includes two new open-style luminaries designed to irradiate and inactivate airborne pathogens in occupied spaces with high ceilings (12-feet and taller). The GLO ‘open’ fixtures for tall spaces direct UV energy upward and outward to create an intense zone of ultraviolet germicidal irradiation (UVGI) or UV-C in the upper air. At the same time, occupants can safely go about their business in the lower portion o...

Samsung HVAC America (Samsung HVAC) has announced at the AHR Expo 2022 that it is working with Honeywell, in order to provide advanced control solutions. The control solutions are expected to launch in 2022 and will be powered by the Niagara Framework, with an emphasis on design, advanced monitoring points and service capabilities, including a Niagara driver, in order to communicate directly to Samsung heating and cooling equipment, using the Honeywell CIPer Model 50 controller. Notable feature...