Mergers & Acquisitions - News

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...

Major global companies want to reduce their carbon footprint, in order to meet regulations or a company target. In the boiler room, they can achieve this by increasing the use of renewable fuels, by increasing energy efficiency, or by reducing NOx and CO emissions. Cleaver-Brooks Inc. designs boiler room equipment with the environment in mind and now its solutions that meet stringent sustainable criteria are readily identifiable by the Cleaver-Brooks sustainability seal. Cleaver-Brooks Sustain...

High-quality fats and oils are an important component of modern animal feed. An animal feed manufacturer uses palm stearin to produce high-energy dairy feed. The hard fat has a melting point of 58 °C and hardens as soon as its temperature drops below this point. Heated tanker trucks deliver the palm stearin. A Börger rotary lobe pump conveys the fat from the tanker truck into the production plant. pump Equipped with a steam heater cover During the pumping process, the temperature of...

Danfoss Power Solutions (DPS) is establishing a stand-alone business unit, White Drive Motors & Steering, and is preparing an immediate sale of the business unit. This is a necessary step to get the regulatory approvals needed to close the Eaton Hydraulics acquisition. Since Danfoss announced the acquisition of Eaton Hydraulics, the transaction has been subject to the usual closing conditions and regulatory approvals. Danfoss is now establishing and preparing to sell a business unit - White...

Johnson Controls International plc (Johnson Controls), the globally renowned company for smart, healthy, and sustainable buildings, will present at the Cowen 43rd Annual Aerospace/Defense & Industrials Conference. Johnson Controls’ Chairman and Chief Executive Officer (CEO), George Oliver will participate virtually in a fireside chat, to be held on Wednesday, February 9, 2022, at 11:00 a.m. EST.

Carrier is further expanding its electrification capabilities through a new alliance with Consolidated Metco, Inc. (ConMet), adding wheel-based power generation that captures energy that otherwise would be wasted during braking events. Carrier – ConMet partnership The alliance also advances Carrier’s broader zero-emission transport refrigeration solutions, with the availability of electric options for trailer, truck, and light commercial vehicle customers before the end of 2022, he...

Eurovent announced that the globally renowned association has welcomed Deltrian (Deltrian International), a Belgian manufacturer of air filtration systems, as its newest Corresponding Member. The membership for Deltrian was formally approved during a meeting of the Eurovent Board of Directors in December 2021. New Eurovent member, Deltrian International Founded in 1967, Deltrian International has expertise in air quality management in various fields Founded in 1967, Deltrian International ha...

Viessmann, the renowned family-led business firm, is committed to creating excellent employee conditions and providing employees with the best possible support in their everyday endeavors.  After a three-month certification process, the Top Employers Institute has certified Viessmann as a Top Employer 2022 in Germany and therefore, as a highly attractive employer. Recognition criteria The Top Employers Institute examined the participating employers in six overarching HR dimensions and 20...

The Brick Consortium, Inc. (The Brick Consortium), the non-profit membership-led organization that sponsors and encourages the research and development (R&D) of the open source - Brick schema specifications for the built environment, has announced that five companies have joined on as inaugural members: Carrier Corporation (Carrier), Clockworks Analytics, Johnson Controls, Mapped, and Schneider Electric. These commercial members join academic members, who hail from Carnegie Mellon Universit...

The internationally active Viessmann Group has taken a majority stake in Pacifica Home Services Ltd. (PHS), simultaneously backing the reinvestment of the management team. The deal includes the acquisition of Oakes Energy Services Ltd (Oakes Energy), which will be integral to the development of the new business. Pacifica Home Services Ltd. (PHS) is based in Durham, United Kingdom and well known to end-customers within the UK, under the brand - 0800 Repair. The Management team from PHS will stay...

SPX Cooling Technologies, Inc., a full-line, full-service industry front-runner in the design and manufacture of evaporative cooling towers and air-cooled heat exchangers, announces the SGS PC Series Industrial Evaporator, an airside product for industrial refrigeration. SGS Refrigeration, Inc. was acquired by SPX Cooling Technologies in 2019. Features The PC Series Evaporator supports large freezers/coolers for penthouse and carcass chilling. The extensive product line offers over 100 models...

SPX Cooling Technologies, Inc., a full-line, full-service industry front-runner in the design and manufacture of specialized heat exchangers, introduces the SGS brand IEC evaporative condenser, a blow-through condensing unit for industrial refrigeration applications, specifically designed and built to simplify installation for contractors and provide robust componentry and extended life for operators. Speed installation Among the IEC Evaporative Condenser features that speed installation for c...

Senseware has announced that Boston Properties, Inc. (BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, has selected Senseware’s technology solution to implement real-time Indoor Air Quality (IAQ) monitoring across BXP's portfolio as part of its healthy building strategy. Data-driven approach to operations Doug Linde, President of Boston Properties, Inc. (BXP), said “As a leader in sustainable and healthy property dev...

Marston Holdings, the United Kingdom’s renowned provider of integrated, technology-enabled transport solutions, has announced its acquisition of Vortex IoT Limited (Vortex), supplier of environmental sensors, networks and data solutions that support improved air quality and decarbonization initiatives. Marston Holdings supports government, utilities and private sector clients through the delivery of market renowned integrated technology-enabled solutions, from design through to implementa...

Environmental health technology company, CASPR Group is pleased to announce Jon Zucker as its President. Jon Zucker joined the CASPR Group in late 2021. Jon Zucker’s goal is to guide CASPR Group into a scalable, sustainable company, as it manages increased demand for its proprietary Natural Catalytic Conversion (NCC) technology. The company’s solutions provide healthier indoor air and surface environments, across industries, including healthcare, education, transportation, and comme...

The digital humidity and temperature sensing element - HTE501 from E+E Elektronik offers an excellent measurement accuracy of up to ±1.8 % RH incl. hysteresis and ±0.2 °C. The proven E+E sensor coating and the integrated constant current heater ensure a high level of reliability and durability of the sensing element even in harsh, dirty and condensing environments. The DFN enclosure, which measures just 2.5 x 2.5 x 0.9 mm, and the I2C interface enable simple design-in. The sen...

ActivePure, the globally renowned company in 24/7 surface and air purification technology, will attend and exhibit at the 2022 International Air-Conditioning, Heating, Refrigerating Exposition - AHR Expo 2022, the essential event for HVACR. The AHR Expo 2022 event is co-sponsored by the American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) and the Air-Conditioning, Heating, & Refrigeration Institute (AHRI), and is held concurrently with ASHRAE’s Winter Con...

Carrier Corporation will showcase the latest products and services from across its global HVAC product portfolio, including building automation, digital solutions and its Healthy Buildings Program, at AHR Expo 2022, taking place in Las Vegas from Jan. 31 to Feb. 2, 2022. Carrier at AHR Expo 2022 Carrier is a part of Carrier Global Corporation, the renowned global provider of healthy, safe, sustainable and intelligent building and cold chain solutions. “We are excited to display our inno...

Vendigo Finance has exchanged contracts on a proposed acquisition by Hassle Free Boilers in a deal that brings together two of the fastest growing names in home improvement services and trade finance. The deal brings Vendigo Finance into the Hassle Free Boilers family of brands, which also includes The Trade Toolbox, a provider of home finance solutions for installers, and the recently acquired Hiberapp. The acquisition, which is subject to regulatory approval, will enable Hiber and The Trade...