Mergers & Acquisitions - News

Johnson Controls, the globally renowned company for smart, healthy, and sustainable buildings, has announced that it has partnered with the Asthma and Allergy Foundation of America (AAFA). Together, Johnson Controls and the Asthma and Allergy Foundation of America will strive to improve health outcomes for families managing asthma and allergies, by raising awareness of the connection between indoor air quality (IAQ) and health. Importance of well-managed indoor environments Well-managed indoo...

PassiveLogic, creator of the first fully autonomous building platform, has secured US$ 34 million in Series B funding from major investors - Addition and Keyframe. They are joined by commercial real estate strategic firms, including RET Ventures, Brookfield, and Era Ventures from the U.S.A, and Europe’s largest prop-tech VC firm, A/O PropTech. “Buildings are the world’s most complex systems, a problem that increases as buildings become ‘smart.’ We’ve built a...

The joint history of SG Flensburg-Handewitt (SG) and Danfoss continues. The Danish global company and the German runner-up handball club are extending their partnership, which originally would run until 2023, for an additional six years until 2028. Danfoss is increasing its sponsorship level to become SG’s main partner. Largest border company The Danish company Danfoss employs almost 40,000 people worldwide and is headquartered in Nordborg, Denmark, on the island of Als. Danfoss wor...

Thermo King®, the transport refrigeration brand of global climate innovator Trane Technologies, announced it will be the first in the industry to transition to a lower global warming potential (GWP) refrigerant as standard in its truck and trailer units. This will reduce the carbon footprint of refrigerants used by its customers’ long-haul, middle-mile, and last-mile delivery fleets by nearly 50%, or approximately 650,000 metric tons of CO2 annually, equivalent to the emissions of 143...

Electricity generation at one of the UK’s most productive nuclear power stations, Hunterston B, in North Ayrshire, is ending after almost 46 years. Since the station came online in 1976 it has produced enough zero-carbon electricity to power every home in Scotland for nearly 31 years. The carbon avoided by the station, when compared to gas generation, is like taking every car off Scotland’s roads for 19 years. zero-carbon electricity Reactor 4 at the EDF-run site will be shut down...

Heating and cooling systems ensure everyone’s comfort, but they become a headache when they start experiencing problems. It is no minor investment that home owners can ignore. Therefore, they should seek fast repair service experts, such as those at Green Refrigeration LLC, in West Palm Beach, Florida. Sometimes, quick-fix solutions save home owners from heavy expenditure on more significant issues. However, many other times, they might wonder whether to repair the unit or look for its ri...

Endeavor Business Media announces the promotions of Reggie Lawrence to the role of Chief Revenue Officer of Endeavor Business Media and Kylie Hirko to Executive Vice President of Endeavor’s Transportation Group, effective January 1, 2023. Reggie Lawrence Reggie Lawrence joined Endeavor as part of the Informa acquisition in 2019; and has served for the past three years as Executive Vice President of the Energy, Buildings and Transportation Division. Previous to Endeavor, he led sales tea...

All valves play a part in making a machine safe and functional. The Watts 210 automatic gas shutoff valve is used to make some water heaters safer, similar to a regular temperature and pressure (T&P) valve. What Does It Look Like? The Watts 210 valve looks like a three-way connector with the middle of the ‘T’ shape having an elongated thermostat that is meant to be fitted down into the heater itself. The other two ends are where the gas line connects through. How Does It Work?...

Many homes have more than one level or several large areas served by the same heating and air conditioning system. When this occurs, it becomes hard for the unit to maintain temperature. The unit is only going to truly maintain the temperature of the area immediately surrounding the thermostat. When users have a multi-floor home, hot air will rise, and cold air will fall. This means that the floor that has the thermostat will be at the right temperature, the upstairs will be hotter, and the bas...

The successful launch of the James Webb Space Telescope (JWST) was a long-awaited event for the Optics team here at SSTL because way back in 2006, they started work on the Integral Field Unit (IFU) for an instrument called NIRSpec (Near InfraRed Spectrograph), one of four science instruments on board the mission and SSTL have been waiting patiently since then for launch.  Optics module The optics module SSTL supplied for JWST is highly complex with over 90 mirrors precisely aligned into a...

Airzone will present its range of products for integration and zoning of VRF and Inverter units at booth #C6917 Central Hall, at AHR Expo 2022, taking place in Las Vegas, Nevada, from January 31 to February 2, 2022. Aidoo Pro Wi-Fi integration device Among the products presented by the brand is Aidoo Pro, a Wi-Fi integration device that controls Inverter equipment which is also compatible with 3rd party smart thermostats such as Nest, Ecobee, and Honeywell, while maintaining the original manuf...

Energy Solutions Canada announced a contract with Laurentis Energy Partners, a subsidiary of Ontario Power Generation, to provide license support for a new nuclear-materials sorting facility in Kincardine, Ontario, Canada. Nuclear-materials sorting facility The facility will be called Western Clean-Energy Sorting and Recycling (WCSR) The facility will be called Western Clean-Energy Sorting and Recycling (WCSR). The purpose of the facility is to sort low-level radioactive materials, such as us...

The beauty of an energy recovery ventilator (ERV) and the energy recovery wheel inside of it is its ability to allow users to create an HVAC system that’s 20 to 40% more efficient than one without an ERV. But, what if a specific type of wheel could save users even more money throughout its life, due to how it’s made? While often not examined out of the gate, considering which type of wheel to use in the system can have a significant, tangible impact on cost and performance over the...

UK-based compression pioneer, Vert Technologies (Vert) has received a £1.9 million investment to expand the presence of its unique Conical Rotary Compressor (CRC) technology in the Refrigeration and Heat Pump sectors. Vert recently completed a £775,000 investment funding round, through the very supportive existing investors Par Equity, Equity Gap, Aeroden, and Scottish Enterprise, and this will be used primarily to accelerate volume production for the refrigeration, heat pump, and l...

Like never before, facility operators are working to improve the quality of the air in their building. While ventilation – or air changes per hour inside a building – play a critical role in this effort, it’s often thought that increased ventilation is too costly. Luckily, that’s not true. In fact, residents can simultaneously ventilate their building, reduce energy costs and future-proof the building for unforeseen pandemics. How? By incorporating energy recovery ventil...

SPX Corporation announced that it has completed the acquisition of Cincinnati Fan & Ventilator Co., Inc. (“Cincinnati Fan”), a leader in engineered air quality solutions, including blowers and critical exhaust systems.  Welcoming note “We are very excited to welcome Cincinnati Fan to the SPX team,” said Gene Lowe, President, and CEO of SPX. “Bringing together Cincinnati Fan’s high-performance, engineered air quality solutions with SPX’s globa...

When homeowners invest in an HVAC system, they want to be confident that its efficiency lasts for years to come. Whether homeowners are searching for a new unit, or want to know whether it’s time for a new one, Van Druene is here to help. Choosing the right system for home is easy with the team at Van Drunen. The team is here to give homeowners advice on which models are best and offer the efficiency they are searching for.  Things to consider Whether homeowners are choosing a new...

As winter sets in and the days get darker, many residents are probably thinking about ways to keep their homes warm and cozy over the harsh cold weather season. For those who are able to work from home under the UK government’s latest COVID-19 guidance, more time at home also means they’re using more energy to power their devices, boil the kettle, cook meals and keep the lights switched on. All of this, of course, impacts the power bills, as well as the carbon footprint. SO Energy...

Motili, a globally recognized property and HVAC technology company, has announced a new integration with Yardi, a developer of industry-renowned investment and property management software, to bring automation to Motili’s work order capabilities, streamlining and modernizing the process for multi-family and commercial customer orders. Yardi Voyager integrated platform The Yardi Voyager solution is a web-based, fully integrated end-to-end platform, with mobile access for larger portfolios...

The International WELL Building Institute (IWBI), the global authority for transforming health and well-being with its people-first approach to buildings, organizations and communities, announced that it has crossed the three billion square-foot mark of spaces enrolled in WELL. Expansion of WELL's building area In the past year, the building area applying WELL offerings has tripled from one billion square feet to more than three billion square feet of space, so that current WELL strategies sup...

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...