Mergers & Acquisitions - News

Airxchange, a globally renowned manufacturer of innovative, segmented and washable energy recovery wheels is joining Madison Industries.  Airxchange produces energy recovery solutions that perform reliably and effectively for the life of the HVAC system, while reducing energy consumption and improving indoor air quality. Airxchange joins Madison Industries “Madison Industries’ mission aligns perfectly with that of Airxchange – specifically, to make the world safer, heal...

Airxchange, Inc. manufactures a variety of energy recovery wheels with outputs ranging from 100 to 60,000 cubic feet per minute (CFM). Airxchange wheels feature a segmented energy transfer matrix that provides a simple yet effective means of optimizing energy transfer performance. The energy transfer media of an Airxchange wheel is: Durable and innovative polymer material that has proven to last for over 30 years in comfort HVAC applications. Polymer material is formed into a matrix and se...

UK-based HVAC solutions provider, Baxi Heating has secured funding from Innovate UK, to develop a Digital Servitization Demonstrator, as part of the Manufacturing Made Smarter initiative. The award is part of a £300 million UK government initiative to boost manufacturing productivity by 30%. Manufacturing Made Smarter The Manufacturing Made Smarter initiative is dedicated to the innovation of digital technologies in UK manufacturing. Baxi Heating is working on the project with The Advanc...

LG Air Conditioning Technologies USA has expanded its online residential LG Rebate Center tool to now include commercial HVAC products – the first in the industry to include rebates for Variable Refrigerant Flow (VRF) systems. Custom-designed for LG products, the Commercial VRF rebate tool enables residential and commercial customers alike, to search for local and national rebates and incentives, related to the purchase of LG residential, light commercial and commercial HVAC systems. Com...

Adding an ultraviolet (UV) lighting system to the heating, ventilation, and air conditioning (HVAC) equipment of the California home or business creates a healthier environment for users and their loved ones. At Tassio Temperature, they take great pride in providing reliable information about the latest trends, products, and services in the HVAC industry. Users can trust their certified team of professionals to offer them sustainable solutions that will add another layer of comfort, safety, and...

Water heaters are one of the most frequently used appliances in the home. As such, they often fall victim to signs of overuse, commonly caused by a lack of routine maintenance. There are many ways to prolong the life of the water heater, in addition to keeping the home safe. Maintaining the water pressure within the tank water heater is extremely important. Water pressure that is too high is one of the most common causes for a leaky or burst hot water tank. To prevent this expensive and potenti...

Despite pandemic challenges, Thermo King Sales & Service in Des Moines is focused on the future and the service they provide to customers. And they demonstrated it in a big way namely a $3 million expansion and renovation investment in their facility and the growing market in and around the capital of Iowa. “We had outgrown our existing facility several years ago but were landlocked until the neighboring property went up for sale in late 2018,” said Matt Greibrok, vice president...

When users are looking at how the air conditioner works, it can depend on a wide variety of factors. Most people realize that the brand they select, the size, the features, and the efficiency rating all play a role in how well an air conditioner will cool the Los Angeles home. However, many environmental issues also play a significant part in not only the air conditioner’s performance but contribute to potential problems they may face. Their team of experts at Tassio Temperature wants to...

Industry-renowned efficiency, precise temperature control and new remote servicing capabilities improve home owner experience and reinforce Lennox’ leadership in product innovation. Lennox Industries (Lennox), a trusted HVAC brand for 125 years, is raising the bar on its Ultimate Comfort System, by unveiling a 99 percent efficient gas furnace with enhanced diagnostics, and a new Lennox PROs Service Dashboard for contractors, in order to improve customer relationship management and remote...

HSB Living Lab and Leanheat by Danfoss have entered a collaboration to improve liveability in buildings. By harnessing feedback loops between building performance, indoor conditions and resident-perceived indoor comfort, the partnership project aims at bringing new insights on the interaction between smart maintenance and liveability. Smart maintenance and liveability Launched in June 2020, the new collaboration between the Swedish HSB Living Lab and Leanheat by Danfoss focuses on the optimal...

A water heater is an essential appliance in the home. Most tank water heaters use either natural gas or electricity to warm up water and hold it in the storage tank until it’s needed. If the unit is older and they’re looking to replace it with a new one, they may be wondering if users could change the type of water heater. The answer is yes, but there is a lot to consider. Allow Electric water heater It’s not as easy as removing one type of water heater (say electric) and in...

Viessmann has continued its path of consistent growth for the third consecutive year, reporting global sales of EUR 2.65 billion, an increase of 6.4 percent, in 2019. The business grew by 5 percent in both 2017 and 2018. Seamless climate solutions Under the leadership of Prof. Dr. Martin Viessmann as Chairman and Max Viessmann as Co-CEO, the family business is progressing its strategic transformation from a traditional heating manufacturer to a provider of integrated solutions for living space...

The Bundesliga football team, Borussia Dortmund and the technology specialist, Wilo have extended their partnership, which has existed since 2011, by a further four years with effect from the upcoming season. “As partners who have been working together for a while now and have some joint plans for the future, we are united by our love for Dortmund. And as ambitious companies, we’re united by our passion and our resolve to always become a little bit better in every area,” state...

With effect from 1 January 2020, WILO SE is expanding its Executive Board and appointing Dr. Patrick Niehr as a new member. With a view to continuing the successful work of the top management, the President & CEO, Oliver Hermes, had already his contract renewed in June ahead of time until 30 June 2025. Board members Mathias Weyers (CFO) and Georg Weber (CTO) have also had their contracts renewed ahead of time until 31 December 2024. Continued successful development “The Supervisory...

WILO USA LLC, a subsidiary of WILO SE, through its newly-established subsidiary, American-Marsh Pumps LLC., has acquired the assets of US manufacturer J-Line Pump Co. d/b/a American-Marsh Pumps. Headquartered in Collierville, Tennessee, American-Marsh Pumps currently employs 55 people. Strengthening market position “The acquisition of American-Marsh Pumps strengthens our strategic market position in the US, and expands the product portfolio for our customers in the Water Management, Indu...

On Thursday, October 31, 2019, the Institute of Domestic Heating & Environmental Engineers (IDHEE) was incorporated with the Chartered Institute of Plumbing and Heating Engineering (CIPHE), in a move that will provide heightened professional and technical support to members throughout the plumbing and heating industry. Founded in 1964, the Institute of Domestic Heating & Environmental Engineers has been serving both domestic heating engineers and environmental engineers for 55 years. Wi...

Effective July 8, 2019, Victaulic has purchased Globe Fire Sprinkler. Combined, these two respected companies will have the resources and capabilities to bring exciting new solutions to the fire protection industry around the world. Steven Worthington, who will continue to serve the combined organization as President, Globe Fire Protection commented, “Victaulic brings additional financial resources to Globe, enabling added focus on innovation to support our customers and the industry.&rdq...

NevadaNano, a globally renowned company in LEL and flammable gas sensors, has announced that it will be a preferred provider to Sager Electronics, a renowned North American distributor of interconnect, power, and electromechanical components. As a result, NevadaNano will be able to provide their products to a larger audience. NevadaNano’s MPS sensors for Sager’s customers NevadaNano designs and manufactures high-performing flammable gas sensors “Sager is the renowned distrib...

On the 30th of November, 2018, the Chairman and CEO of Wilo, Oliver Hermes, met the French ambassador, Anne-Marie Descôtes, to discuss networks, location development and strengthening the Franco-German relationship. “Wilo’s activities in France are very important to us. Around 70 percent of our products are currently produced in France. There, too, we express our passion for technology through our work,” said Oliver Hermes during the visit by French ambassador Anne-Marie...

NAVAC, the globally renowned supplier of HVAC vacuum pumps, in addition to a wide array of tools, gauges, charging machines and other industry-specific items, will introduce the latest product in its Master Series at the 2018 HARDI Annual Conference, taking place from December 1 to December 4, 2018, at the JW Marriott Hotel, in Austin, Texas, USA. At the show, NAVAC will feature the debut of its new NP12DM Vacuum Pump, which offers an impressive flow rate of 12cfm for fast, heavy duty performan...

Rino Zarpellon is the Plant office Manager for Fiat CNH (until June 2002 Fiat-Hitachi) of San Mauro Torinese and, on the occasion of the recent intervention carried out in the plant by CARLIEUKLIMA, he worked for months in close contact with this company from Pordenone. New radiant heating system The contract involved the installation of a new radiant heating system in three large sheds This collaboration was created to highlight the problems and calibrate the right solutions based on the rea...

Siemens has strengthened its strategic partnership with Knauf Insulation, the UK’s renowned provider of high performance, sustainable glass and rock mineral wool insulation solutions. The next phase of the partnership will focus on enhancing efficiency at Knauf Insulation’s glass mineral wool plant in Cwmbran, South Wales. This builds on the work begun in 2015 at the company’s St Helens plant, which has already significantly improved the plant’s energy efficiency. Across...

EnergySolutions, Inc. announced that its Board of Directors has appointed Ken Robuck as President and Chief Executive Officer (CEO), effective June 30, 2018.   Ken was previously President of EnergySolutions’ Nuclear Decommissioning division. David Lockwood, the current President and CEO, will remain with the company as Executive Chairman. Largest decommissioning contract "Ken is an outstanding pioneer with proven managerial and operational skills," said David Lockwood, adding...

Wilo Group has once again completed a successful financial year. Sales of around 1.4 billion Euros were significantly higher in 2017 than in the previous year, with the company continuing on its growth trajectory for the eighth consecutive year, with an increase of 7.4 percent. Sales adjusted for currency effects even grew by 8.5 percent. The consolidated earnings were also record-breaking, with the pump expert achieving an increase of 13.0 percent to 85.9 million Euros. Cash flow was also at a...

The Fuel Cell Initiative (IBZ) has given itself a new organizational structure, in order to take account of the further development of the market and the associated new tasks. This was shared by the Managing Director of the Federal Association of the German Heating Industry (BDH), Andreas Lücke and Dr. Timm Kehler, the Chief Executive Officer (CEO) of Zukunft Erdgas (Future of Gas), who participated in the German Heat Conference in Berlin. In future, both will also act as spokespersons for...