Mergers & Acquisitions - News

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...

As the world prepares for COP26, the time for action and concrete agreement to reduce carbon emissions and invest in the future. Government and industry have a crucial opportunity to agree on tangible commitments, that benefit future generations across the world. The role as part of the Built Environment and Construction Sector (which accounts for 38% of global carbon emissions) is vital. The Construction Leadership Council’s Construct Zero program is heading the industry’s drive to...

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...

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 d...

Aggreko, the provider of mobile, modular power, temperature control, and energy services announces the immediate availability of its solar power rental offer. The 1 MW PV solution is optimized for weak or off-grid applications and delivers clean energy innovation without long-term financial or technical commitment. Aggreko Solar Power Aggreko Solar Power can be contracted on a rental basis, with no upfront CAPEX required. Deployment time is three to four months, the system has low O&M req...

PowerPay, one of the fastest-growing home improvement financing technology company in the country, has announced integration with Sales Builder Pro platform, developed by Intelligent Mobile Support (IMS), the industry renowned company for HVAC proposal software solutions. The integration will provide current and future Sales Builder Pro users with access to superior consumer financing options by PowerPay. PowerPay offers consumer financing solutions with 0% dealer fees and rates starting at 4.9...

TZOA, pioneers of smart air quality technology for HVAC professionals and their home owner customers, have announced that they have become HAVEN (HAVEN IAQ) and launched the HAVEN Central Air Controller. HAVEN Central Air Controller Along with the bold new look and brand, comes an entirely fresh approach to air quality management. Combined with the existing HAVEN Central Air Monitor, the HAVEN Controller builds an ecosystem that makes any HVAC system smarter and homes healthier, by detecting h...

Frontier Service Partners (‘Frontier’), a newly launched residential services company is pleased to announce its partnership with Dean Fulton as founding Chief Executive Officer (‘CEO’). Dean is an industry veteran with over 30 years in the residential HVAC and plumbing industry, most recently at Hiller Plumbing, Heating and Cooling where he served as Chief Operating Officer & Vice President of Sales. Prior to Hiller, Dean was a General Manager for ~20 years at Servi...

Frontier Service Partners (‘Frontier’), a newly launched residential services company is pleased to announce its partnership with Tim O’Reilly as founding Chief Financial Officer ('CFO'). Tim is a Chartered Professional Accountant with experience in the residential HVAC and plumbing industry, most recently at Del-Air Heating and Air Conditioning where he served as CFO. “Frontier is pleased to welcome Tim O’Reilly to the team,” said Eugene Polevoy, Principal a...

Aggreko, the provider of mobile, modular power, temperature control, and energy services announces that it has exceeded a record of 2GW of live gas generation capacity. A key driver for achieving this milestone is increased demand for flare gas to power projects, as well as Aggreko’s innovative approach to monetizing stranded gas assets.  flare gas to power generation solutions With a global focus on flaring reduction spearheaded by initiatives such as the World Bank’s Global...

A machine works at its best, when it is running at most of its potential. It all boils down to its efficiency, reliability, and service. Typically, people tend to forgo the factors that help it functional hassle-freely. The maintenance factors are conducive to any system’s successful and lifelong functioning. Commercial Refrigeration Similarly, a commercial refrigeration system needs regular maintenance, in order to check premature system failure. Fortunately, the process is relatively q...

Did homeowners know that they could change the temperature on hot water heater? The maximum temperature on most water heaters is 140 degrees Fahrenheit. There’s some disagreement among experts on whether it’s best to set it at 140 degrees, or at 120 degrees. Ultimately, it will depend on what’s right for them and their family. In the meantime, let’s take a look at the arguments for both. 120 Degrees Because of the energy involved in heating water, setting the heater...

Ofgem has appointed Octopus Energy to take on supplying Avro Energy’s approximately 580,000 domestic customers. This follows a competitive process run by Ofgem to get the best deal possible for customers. Outstanding credit balances, including money owed to both existing and former domestic customers of Avro Energy, will also be honored. Domestic customers will also be protected by the energy price cap with their new supplier. continuous energy supplies For existing&...

Aggreko, the global pioneer in mobile and modular energy solutions, is partnering with TEDxGlasgow, the grassroots initiative created in the spirit of TED’s overall mission to research and discover ideas worth spreading.   net zero business Aggreko, which is Glasgow headquartered, is a Principal Partner for TEDxGlasgow which aims to put a spotlight on the best ideas across Scotland and amplify them to a global audience in the hope of bringing about systematic change. This is t...

Carrier Global Corporation announced that it has signed an agreement to acquire Nlyte Software (“Nlyte”), a front-runner in Data Center Infrastructure Management (DCIM) software. Nlyte’s proven data center expertise will expand Carrier’s HVAC business’s access to the growing DCIM segment, complement its differentiated Automated Logic Controls business to create integrated customer solutions, and help fulfill its strategic focus on sustainable and intelligent solu...

In a joint statement, the Dutch company - Koelplan and the internationally active family business - Viessmann announced that both are entering into a strategic partnership in the Netherlands. The aim of the partnership is to expand Koelplans’ growth in the installation and service of air conditioning, heat pump, and air treatment installations. For Viessmann, headquartered in Germany, the collaboration will lead to better market access in the Netherlands and the expansion of its acti...

NevadaNano, the globally renowned innovator in gas detection sensor technology, has announced its partnership with Emerson, to jointly develop refrigerant gas detector products, which will provide a solution to the heating, ventilation, air conditioning and refrigeration (HVACR) industry, for refrigerant leak detection. NevadaNano - Emerson partnership “We are proud to partner with Emerson to develop essential solutions that can help lower the impact of existing HVACR equipment on the gl...

Ofgem has appointed EDF to take on supplying Utility Point’s approximately 220,000 domestic customers. This follows a competitive process run by Ofgem to get the best deal possible for customers. EDF is offering customers a competitive tariff. Outstanding credit balances, including money owed to both existing and former customers of Utility Point, will also be honored. For existing Utility Point customers, energy supplies will continue as normal as they switch over to EDF on 18 Septe...