Mergers & Acquisitions - News
Following a record year for its residential building services division, Wilo has announced the appointment of Dan Williams to its business development team. Dan Williams Dan Williams, a former Assistant Manager at a national plumbers’ merchant and a plumbing and heating engineer by trade, has joined Wilo as a Business Development Representative, to continue growing the pump manufacturer’s presence in the UK. With ten years of experience in the HVAC industry, Dan will be covering t...
CEO Warrior, a global business training, coaching, and implementation organization for service business owners, has announced new additions to its leadership team to provide the home service and trade industries with the quality mentoring, coaching, and training services the company has long been known to provide. exceptional service and value “Our history has always been, and continues to be, focused on the trade services sector, and we want to ensure that we provide exceptional service...
With the WHO estimating that 99% of the world’s population is exposed to levels of air pollution that lead to increased health risks, real-time, accurate, and 360-degree measurement of airborne particles is more important than ever in the fight for cleaner air. Vaisala, a global pioneer in measurement instruments and intelligence for climate action, announced the new gold standard in compact air quality sensors, a revolutionary way to help city and community pioneers take action to p...
Kelvion, a global pioneer in manufacturing heat exchangers, and Rosseau, a pioneer in immersion Cooling Technology Solutions announced a significant partnership aimed at revolutionizing liquid cooling solutions within the High-Performance Computing (HPC) market, starting with Bitcoin mining. This technological collaboration and joint venture unites Kelvion’s advanced cooling systems with Rosseau’s cutting-edge immersion cooling technology to set new standards in power density,...
The Eurovent Board has welcomed TÜV NORD as its newest Associate Member. The membership approval makes it Eurovent’s eleventh Associate Member, reinforcing the association’s membership base. TÜV NORD is a technical service provider with worldwide activities in validating the safety of products and services in product inspection, testing, and certification. a unique network of experts Founded in 1869 and headquartered in Hanover, the group employs more than 14.000 people...
Marcone announced an expansion of its HVAC executive team, building on its position as one of North America's largest distributors of appliance, HVAC, commercial kitchen, plumbing, and pool/spa equipment, repair parts, and solutions. Industry veterans - Ben Merritt, Brian Klaus, Chris Alonso, and Hector Jimenez are new contributors to Marcone's leadership team. Ben Merritt As Vice President of Revenue Optimization, Merritt is homing in on pricing optimization across Marcone's HVAC division to...
Airzone Control, the provider of intelligent and innovative HVAC control solutions, announces the expansion of its North American sales team with the appointments of Mark Labitad, Territory Manager for California, and Joe Mannino, Territory Manager for New York, New Jersey, and Pennsylvania. These strategic hires will allow Airzone to strengthen its market presence and provide dedicated HVAC dealer support across key regions. Mark Labitad Mark Labitad brings a wealth of knowledge and ex...
Air Pros USA, a residential air conditioning company has hired industry pioneer, Debra Held, to be its National Director of Plumbing Services. The new executive role was established especially for Debra Held to spearhead the expansion of plumbing services across all brands and markets within the company. The hiring of Debra Held for this strategic position was expedited by the recent acquisition of Drain Genie’s customer list. Debra Held's responsibilities With deep roots in the plumbin...
The Eurovent Product Group ‘Commercial Refrigeration Equipment’ (PG-RDC) has released a new Recommendation on market surveillance for direct sales refrigerators, which presents practical tips to facilitate effective compliance monitoring. This new Eurovent Recommendation 14/7: ‘Market surveillance for direct sales refrigerators’ aims to enhance the enforcement of Ecodesign and Energy Labelling requirements for refrigerating appliances having a direct sales function place...
The Worshipful Company of Plumbers (WCoP) has announced six recipients of its bursary to help kick-start their careers in the plumbing industry. The winners are from colleges across the country, including Dundee and Angus Kingsway College, Borders College, St Helens Green Energy Centre, Windsor Forest - Langley Campus, South Lanarkshire College, and Kendal College. professional-grade tools Each winner will receive £1,000 in vouchers for tools and equipment from Monument Tools, a de...
The Eurovent Product Group ‘Air Curtains and Fan Heaters’ (PG-CUR) has elected Michael Hims (Carver) as its new Chairperson. He will be supported by the newly elected Vice-Chairperson, Xander Van Bree (Frico BV). The election took place during the online Product Group meeting held on 13 February 2024. Michael Hims (European NPD Manager at Carver) will succeed Carsten Dittmar (Commercial Product Area Director at Systemair), who served as the Eurovent PG-CUR Chairperson since October...
Philip Ord, with extensive commercial experience in the heating and cooling industry, has been appointed CEO of Qvantum's UK operations. There is an increasing need for modern, connected, and modular low-carbon heating and cooling systems in the UK and throughout Europe. Mr. Ord will, with his experience in marketing and sales at Mitsubishi Electric, lead the way to enable Qvantum to be a secure energy partner for new developments and retrofitting projects. innovative heat-pump systems &ldquo...
Micro-Air, an Innovative Motion Technologies (IMT) company, announced its acquisition of a new facility in Hamilton, NJ. The 20,000 sq ft building provides the capacity to scale all business systems, including enhanced manufacturing processes, order fulfillment, and agile distribution practices to meet the growing needs of its distribution partners, dealers, and direct-to-consumer customer base. Current and future growth Micro-Air has committed to growing and developing its core product...
NIBCO INC. has announced the promotion of Joe Choflet to the position of Vice President of Sales and Marketing. Joe's responsibilities In his new role, Joe Choflet will continue to lead wholesale, retail, specialty, and international sales. He will oversee product marketing for plastic and metal fittings and valves. Choflet will continue to report to Ashley Martin, President and COO of NIBCO. “Joe’s natural leadership skills, combined with his energy and extensive industry knowled...
The CAREL Industries Board of Directors has approved the results as of 31 December 2023, with consolidated revenues equal to € 650.2 million, +19.3% compared to 2022 (net of the impact of currency exchange rates, growth would have been 21.1%). On a like-for-like basis and at constant exchange rates, growth would have been 10.0%. Statement by the CEO Francesco Nalini, CEO of the Group, commented, “I am particularly proud to present the results of 2023, as the year just e...
Interplay Learning, the global provider of immersive skilled trades training, has been named one of America’s Best Startup Employers by the trusted business publication - Forbes. The America's Best Startup Employers ranking examines best-performing startups as employers through defined KPIs. The goal is to guide potential candidates in finding innovative and stable startups to work for. Workplace culture “Attracting and retaining top talent is essential for organizations that want...
ECM Technologies, a pioneer in HVAC efficiency and energy conservation, has named Andrew Soulier as its first Chief Sustainability Officer (CSO). In this role, Andrew Soulier will oversee all aspects of sustainability for the business, including strategic leadership, market development, and stakeholder engagement. He is also responsible for embedding environmental stewardship and leading practice in all aspects of manufacturing, operations, and distribution. Prior roles of Andrew Soulier Ext...
Belimo achieved strong results and continued to deliver on its growth strategy despite complex economic conditions. Belimo pursued its long-term growth and investment strategy unwaveringly and successfully throughout 2023. Thanks to highly engaged employees and a strong network of suppliers, Belimo was able to master the year’s challenges exceptionally well. In line with its strategy, the Group welcomed almost 100 additional new talents during the year under review. Belimo invests in res...
Airmo Inc. Pressure Technologies, an industry pioneer in high-pressure technologies manufacturing, named Lucas Schmit as a Customer Relationship Engineer. Schmit will bring his vast knowledge of engineering to match clients’ unique needs with the best high-pressure systems, tools, and services. “Lucas brings a technical perspective and a personable communication style to help strengthen our customer communications and business relationships, as we continue to provide clients with th...
Modine, a diversified global pioneer in innovative thermal management and ventilation solutions, announced that it had entered into a definitive agreement to acquire Scott Springfield Manufacturing, a pioneering manufacturer of air handling units (AHU). With this transaction, Modine will gain immediate access to a highly complementary product portfolio and a blue-chip customer base in several strategic end markets, including hyperscale and colocation data centers, telecommunications, healthcare...
Trane - by Trane Technologies, a global climate innovator - celebrated a significant safety milestone at its Commercial HVAC manufacturing facility in Fort Smith, Arkansas, USA. The Trane Fort Smith employees achieved 5,000,000 work hours, approximately twelve years, without a lost day away from work due to a work-related injury or illness on October 31, 2023. Trane Fort Smith Plant The Trane Fort Smith facility is on track to reach 6 million hours without a lost time incident by October 2025...
A-Gas, the global pioneer in the supply and lifecycle management of refrigerants and associated products and services, announces Andrew Stride will serve as Director of Operations for their new facility outside of Hamilton, Ontario. Andrew Stride is a licensed Professional Engineer with over a decade of engineering experience. Andrew joined A-Gas in the fall of 2021 as an Engineering Manager. Now, Andrew will bring his experience from one of A-Gas’ industry-pioneering facilities to build...
Eurovent warmly welcomes MANDIK as a Corresponding Member. MANDIK is one of Czechia’s major manufacturers of air handling units, industrial heating systems, and firefighting components. MANDIK The family-owned company MANDIK, founded in 1990, supplies its products beyond standard applications, such as healthcare buildings, gigafactories, and various industries, as well as for construction projects such as subways, tunnels, and especially nuclear power plants in many European countries....
Eight low-income Philadelphia families are receiving new energy-efficient water heaters, thanks to a generous donation from Bradford White Corporation, an industry-renowned American manufacturer of water heaters, boilers, and storage tanks. The donation, which comes during Random Acts of Kindness Week, stems from Bradford White’s signature charitable giving initiative, Industry Forward®. water heaters Eight 40-gallon water heaters are being provided to very deserving families who ha...
Johnson Controls (JCI), the global major for smart, healthy and sustainable buildings, and Landmark Development, in partnership with Samford University, have launched the first phase of a 15-year campus master plan to design, develop, operate and maintain campus improvements at Samford University in Homewood, Alabama. The plan positions Samford University for growth, mission fulfillment and long-term financial success by building and servicing the new facilities to accommodate planned enrollmen...
CEO Warrior, a nationally recognized business development, training, and implementation organization for the service business industry, announced that it has entered into an agreement with Daikin Industries, Ltd., the world’s top indoor comfort solutions provider. CEO Warrior and Daikin partnership “This agreement with Daikin is another example of our continued support for our membership by providing them with preferred access to the products and services that make their jobs easie...
Following the achievement of AHRI certification for their ranges of air-cooled and water-cooled chillers, Geoclima is proud to announce another significant milestone. Geoclima’s Test Center has been officially certified by the Air-Conditioning, Heating, and Refrigeration Institute. This certification underscores Geoclima’s unwavering commitment to pursuing quality and excellence. The AHRI-certified Test Center represents a significant recognition for the company, confirming the comp...
Friedrich Air Conditioning, a major U.S. manufacturer of premium HVAC solutions, has named Southwestern HVAC Sales as the company’s newest manufacturers’ representation group. A distinguished pioneer in the industry, Southwestern HVAC Sales will extend Friedrich’s distribution network across Texas, Oklahoma, Arkansas, Louisiana, and southern New Mexico. strategic partnership The partnership with Southwestern HVAC Sales marks a strategic move by Friedrich to fortify its posit...
Johnson Controls is again recognized for transparency and performance on climate change and named by global environmental non-profit CDP to its annual ‘A List.’ CDP holds the largest environmental database in the world and inclusion on the list underscores Johnson Controls’ unwavering focus on sustainability. 2023 Climate Change questionnaire Based on data reported through CDP’s 2023 Climate Change questionnaire, Johnson Controls is among less than 400 companies that a...
TSMC, Sony Semiconductor Solutions Corporation (“SSS”), DENSO Corporation (“DENSO”) and Toyota Motor Corporation (“Toyota”) have announced further investment into Japan Advanced Semiconductor Manufacturing, Inc. (“JASM”), TSMC’s majority-owned manufacturing subsidiary in Kumamoto Prefecture, Japan, to build a second fab, which is scheduled to begin operation by the end of the 2027 calendar year. Toyota will also take a minority stake. Togeth...
