Mergers & Acquisitions - News

The Baltimore Aircoil Company’s (BAC) ENDURADRIVE Fan System ensures unmatched peace of mind in the operation of mission-critical cooling applications through a dramatically simplified design. The ENDURADRIVE Fan System features permanent magnet, direct-drive technology, in which the fan motor is directly coupled to the fan, eliminating the need for intermediary moving parts like gears or belts. The advanced design is specifically engineered so that the motor, VFD, and cooling tower work...

Whether it’s lighting, blinds, heating systems or smoke detectors: The open-source IoT platform - wibutler connects over 250 products from more than 30 manufacturers. With Busch-Jaeger Elektro GmbH, the market renowned company in the area of electronics, they are joined by another top brand. The connection of the successful Busch-free@home smart home system to the wibutler platform creates new possibilities for linking electronic devices to Viessmann’s heating, ventilation and energ...

Greenheck Group, a family-owned company, and pioneer in air movement, air control, and air tempering products, announces exciting leadership moves that position the company to accelerate long-term growth and create more value for customers and team members. As Greenheck Group approaches its 75th anniversary in 2022, the company will exceed $1 billion in annual revenue. To meet accelerating growth and growing customer needs, Greenheck Group is making unprecedented reinvestments in product innova...

Refrigerators are considered a marvel of advanced food preservation. At the right temperature, the appliances slow down the bacteria growth that keeps the food safer and fresh for a long time. When buying a new refrigerator and availing a commercial refrigeration installation service, Green Refrigeration LLC will guide customers on how to maintain the right temperature for optimal refrigeration. optimum commercial refrigeration temperature Green Refrigeration LLC’s on-call refrigeration...

Molekule is bringing its Air Mini+ and Air Pro air purifiers, powered by patented PECO technology, to the United Kingdom and Europe for the first time. Molekule, the globally renowned air purification solutions company that reinvented air purification with its ground-breaking PECO technology, has announced that its award-winning air purifiers will be available to consumers in the United Kingdom and across Europe, directly via Molekule’s website. Expansion in UK and Europe Molekule&rsquo...

E+E Elektronik announces the unveiling of their new brand identity. From now on, the Austrian sensor manufacturer presents itself with a new corporate design. However, the company is remaining true to its brand promise - ‘your partner in sensor technology’. Innovative products, cooperative relationships and sustainable action – this is what E+E Elektronik has embodied for more than 40 years. The Austrian sensor manufacturer is one of the world’s renowned suppliers of se...

Viessmann has launched a range of electric heating products to the UK, following strategic acquisitions by the Viessmann Group, to grow its electrified heating offer.  A new 4-24 kW Vitotron electric system boiler, three Vitotherm direct hot water heaters and three Vitoplanar electric space heaters can be purchased from various merchants in the UK, building on Viessmann’s long-established range of electric heat pumps. Fossil boiler ban “Centralized electricity generation is b...

AAON, Inc. a front-runner in innovation and production of premium quality, highly energy-efficient HVAC products for non-residential buildings, announced it has entered into a membership interest purchase agreement to acquire 100% of the equity interests of BasX, LLC, dba BasX Solutions (“BasX”), a front-runner in the manufacturing of high-efficiency data center cooling solutions, cleanroom systems, custom HVAC systems, and modular solutions. The transaction terms require an upfront...

Partners Group, a pioneering global private markets firm, has agreed, on behalf of its clients, to acquire DiversiTech, the pioneering manufacturer and supplier of parts and accessories for heating, ventilation, and air conditioning ("HVAC") equipment in the US, from funds advised by global private equity firm Permira. The investment values DiversiTech at an enterprise value of USD 2.2 billion. As part of the transaction, Permira and management will remain minority investors in the Company. Fou...

Environmental health technology company CASPR Group is pleased to announce Derek Blount as its Chief Executive Officer. Blount joined CASPR earlier in the year as Chief Operating Officer to sharpen operations, help streamline product supply chains and prepare the company for its next stage of growth. Role and Responsibility Blount succeeds former CEO Scott Wheeler, who will continue to support the company as an addition to CASPR’s board of directors. Blount will guide CASPR Group as it...

For the past four years, Aggreko has supported Warwick-based children’s charity - Molly Olly’s by raising funds at its annual charity golf day.  At the event, more than £22,000 was raised. The Charity helps support children with terminal or life-limiting illnesses and their families and was set up by Rachel and Tim Ollerenshaw in 2011 after their daughter Molly died from rare kidney cancer. signed golf bags Held at Fulford Heath Golf Club in Wythall, Birmingham, 23 groups of...

FC Bayern and Viessmann are expanding their international partnership. The company is also the official climate partner in Europe in the areas of heating, air conditioning, cooling systems, and fan technologies of the German record champion after both sides have already been cooperating successfully in the Asian region for several years. The expansion of the partnership includes Spain, France, Benelux, Poland, and Russia. Oliver Kahn, CEO of FC Bayern, "FC Bayern will benefit immensely from the...

JPMorgan Chase and EDF, Britain’s biggest generator of zero-carbon electricity, announces a collaboration to help power JPMorgan Chase’s UK offices with 100 percent renewable electricity, in support of its commitment to carbon neutrality in its operations. As part of this effort, JPMorgan Chase’s electricity consumption will be matched to renewable generation on a 24/7 basis. Matching will take place on a half-hourly basis, through source-specific access to EDF’s 8 TWh o...

CoolSys™, the refrigeration, HVAC, engineering, and energy solutions company, announces it has acquired Triangle Refrigeration, a provider of commercial HVAC, refrigeration, plumbing, and monitoring services in Pennsylvania, Maryland, New Jersey, and New York. With this acquisition, CoolSys expands its market presence throughout the Northeast and Mid-Atlantic regions, complementing service coverage areas strengthened by prior acquisitions in those regions. Complementing service coverage...

Humidity control specialist, Condair, is launching a new 8-hour rapid response service as an optional feature to its humidifier planned preventative maintenance contracts. Condair has long offered planned preventative maintenance (PPM) contracts to ensure optimal operation of its clients’ humidifiers across the UK and Ireland, for any make and model. It also provides breakdown response for customers both with and without an existing PPM contract. However, the company is now providing an...

With a strong track-record in achieving emission reduction and energy efficiency targets with available technologies at its global manufacturing sites, Viessmann Group is taking another important step towards climate neutrality and net-zero emissions. The company presented its first climate report at COP26 in Glasgow - committing towards emissions reductions for its operations and products in line with the 1.5°C path defined in the Paris Agreement in 2015. Viessmann’s climate report...

Aggreko, the global provider of mobile, modular energy solutions, has conducted an industry-wide survey with 859 participants to understand what the energy market will look like in the next decade. Survey details  The survey, conducted in October 2021, highlights that the shift to renewables will be a transition rather than an overnight change, with 83% of respondents believing fossil fuels will still have a role to play in the energy mix for the next 10 years. These fuels will work alon...

Danfoss is encouraging decision makers to act at COP26. In an extensive campaign directed towards the COP26 participants in Glasgow, Scotland, Danfoss highlights that energy efficiency is the most cost-effective way to achieve economic growth, decarbonize economies and meet the goals of the Paris Climate Agreement. In a campaign aimed at the participants of COP26 in Glasgow, UK, Danfoss, a global provider of solutions enabling the green transition says energy efficiency delivers more than 40 pe...

Ofgem has launched a global initiative, together with the International Energy Agency (IEA), the International Renewable Energy Agency (IRENA), and the World Bank, to accelerate the energy transition to provide clean, secure, and affordable supplies to everyone. The world quickly needs to find cleaner ways to generate electricity, heat and cool homes, and power transport and industry to support global climate goals. Developing energy systems Energy regulators have a significant role to play i...

Bluegreen Energy Services Limited has announced they are ceasing to trade. Bluegreen Energy supplies around 5,900 domestic customers and a small number of non-domestic customers.   Under Ofgem’s safety net, customers’ energy supply will continue and funds that domestic customers have paid into their accounts will be protected, where they are in credit. Domestic customers will also be protected by the energy price cap when being switched to a new supplier. Things to do Custome...

Busy careers, bustling families, engrossing hobbies, and overwhelming responsibilities keep most people busy day in and day out. It’s understandable why worrying about the air filter in user heating, ventilation, and air conditioning (HVAC) systems is probably way down at the bottom of the priority list.  maintenance However, the team at Tassio Temp Control wants to pass along a gentle reminder about the importance of this small maintenance task.  It takes only a minute or tw...

As part of its ambition to make buildings smarter, safer, and more secure, while also improving energy efficiency and reducing carbon emissions, ABB (ABB Group) has announced an investment in Montreal-based building technology startup, BrainBox AI. Investing in BrainBox AI Launched in 2019, BrainBox AI has pioneered the use of artificial intelligence (AI) to reduce energy costs and carbon emissions from Heating, Ventilation, and Air Conditioning (HVAC) systems in commercial buildings. Financia...

If users are a do-it-yourselfer in the house, they may be the type who wants to remove an old water heater, as opposed to having a plumber do it for them. Fortunately, it’s not all that complicated, and can be done. While it’s fairly easy to disconnect everything and get the heater ready to be moved, they’re often quite heavy. Sediment that has built up in the tank might make it even heavier, so be prepared to have help removing it, if need be. Removing an Old Water Heater...

Proposals for a new solar farm across farmland south of the M20 and northeast of Aldington will be the subject of a second public consultation from Tuesday, 26 October to Monday, 29 November 2021. The proposed East Stour Solar Farm is being brought forward by EDF Renewables UK. It has the potential to generate up to 49.9MW of renewable electricity, enough to meet the equivalent needs of approximately 17,000 homes in the Borough of Ashford every year. Second public consultation This second pub...

American Coolair has named Bobby Graves Jr. as a Sales Representative in the Agriculture Sales Division. In this role, Graves will work with American Coolair customers in the greenhouse, poultry, and dairy industries. Experience and qualification  Bobby Graves Jr. has been with the company since 2017, starting as an Inventory Clerk while attending college. He has worked in the production and assembly departments, as well as in the onsite research and development facility to le...

Inspected (Inspected.com), a remote virtual inspection program, started in Florida, announced a new partnership with PowerHouse Electrical Services (PowerHouse), to provide remote video inspections, during electrical and generator installations. This partnership will benefit customers throughout the Southwest Florida region, by reducing installation time and labor costs accrued, while waiting for a city permit inspector to approve electrical work. It also benefits contractors working with Power...

Air purifiers are a popular way to improve indoor air quality with little time and effort on the homeowners' part. Despite their relative simplicity, it’s common for homeowners to have many questions about using their air purifier to its fullest.  As a company with over 40 years of HVAC experience, Van Drunen Heating & Air Conditioning provides the insight homeowners need. Follow Van Drunen's advice and let them know if they are interested in installing an air purifier. Understa...

As winter approaches, users will want the heating system to be well prepared. The snowy, cold weather puts the heater to work, so now’s the opportunity to make sure everything is good to go. Low temperatures can quickly compromise the home’s safety and put the family at risk, so take action and follow these steps to winterize their heating system. If users have additional questions, be sure to reach out to their team. Having a professional HVAC technician do maintenance work on the...

Emerson, a globally renowned software, technology, and engineering solutions company that provides innovative solutions for customers in industrial, commercial, and residential markets, has announced new leadership in its HVACR Technologies and Digital & Connected Technologies business groups. New Leadership Appointments John Schneider will serve as President of the HVACR Technologies - America's business, at Emerson. He has served in several senior leadership roles within Emerson, includi...

Aggreko, the pioneer in mobile and modular energy solutions, is pleased to announce the appointment of Mike Smith as Chairman, effective immediately.  Mike joins the Board following the successful completion of the acquisition and de-listing of Aggreko by Albion Acquisitions Limited, a company owned by funds managed by I Squared Capital Advisors (US) LLC (“I Squared”) and investment funds managed by TDR Capital LLP (“TDR”). Mike's work experience  Mike has an...