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Tag: acquisition
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Verder acquires Sauermann
Verder, a global pumping and scientific solutions business, has announced its acquisition of HVAC&R supplier Sauermann.
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Beijer Ref buys majority share in Quality Air Equipment
Beijer Ref has acquired 60 per cent of the shares in Quality Air Equipment, with an option to acquire the remaining shares.
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Latest Aussie acquisition for Beijer Ref
Beijer Ref has signed an agreement to acquire 100 per cent of the shares in Turner Engineering, an Australian HVAC distributor with an annual turnover of approximately AUD$28 million. Turner Engineering was founded in 1974 and is headquartered in Perth. “The company, which is among the region’s longest-standing independent HVAC distributors, boasts a highly proficient […]
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Beijer Ref continues expansion in Australia
Beijer Ref has announced the acquisition of two Australian businesses: GMR Supplies and Mackay Air Supplies. GMR Supplies is a refrigeration wholesaler based in Perth, Western Australia. According to Beijer Ref, the company distributes high-quality refrigeration products and provides HVAC&R spare parts to metropolitan and country clients throughout Western Australia. Mackay Air Supplies is an […]
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Kingspan Insulation acquires Thermakraft
Kingspan Insulation has announced the acquisition of New Zealand’s Thermakraft Ltd, positioning itself to provide a broader range of solutions to its customers both in Australia and New Zealand. “We are delighted to welcome Thermakraft into the Kingspan family,” says Kingspan Insultation APAC Managing Director Scott Gibson. “It is a terrific business and market leader […]
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Carel to acquire majority stake in Turkish partner
Carel has signed a binding agreement for the acquisition of 51 per cent of CFM Soğutma ve Otomasyon A.Ş., a long-standing distributor and partner in Turkey as well as a provider of digital and on-field services and complete high added value solutions dedicated to OEMs, contractors and end-users in the Turkish HVAC&R market. The deal […]
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Beijer Ref acquires Australian HVAC distributor
Global refrigeration wholesaler Beijer Ref announced that they have acquired all the shares in Complete Air Supply. Complete Air Supply is a manufacturer and distributor of air conditioning supplies, including ducting and associated fittings. With 40 employees on staff, the company has an established sales distribution network with three branches in Queensland. Annual sales amount […]
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IPD acquires Control Logic
The IPD Group, a privately owned Australian company with a national footprint servicing the electrical industry, has acquired Control Logic. The acquisition brings together two major suppliers of industrial solutions across the electrical, power distribution and automation sectors. IPD’s core focus is power distribution, power monitoring, industrial control, renewables, test and measurement. The company services […]
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Camfil acquires Airepure
Sweden-based clean air solutions manufacturer Camfil has announced the acquisition of Airepure Australia. “The acquisition will help strengthen Camfil’s position as a global leader in air filtration, offering innovative clean air solutions, which will benefit our customers across the industry in Australia and New Zealand,” says the company. “Airepure’s addition to the Camfil Group will […]
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Fujitsu General acquires Precise Air Group
Fujitsu General Australia has announced the acquisition by parent company Fujitsu General Limited of Precise Air Group (Holding) Pty Limited (PAG), a leading Australian provider of HVAC, fire and bundled maintenance services. The move signals Fujitsu’s intention to expand its business from home air conditioning – where it is currently a market leader in Australia […]
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Shane Carmichael speaks on Dunnair acquisition
After the announcement that Air Change was set to acquire Dunnair, HVAC&R News spoke to Air Change general manager Shane Carmichael about the move… What made Dunnair an attractive proposition for Air Change? Air Change has traditionally offered unique and innovative products for niche applications. The acquisition of Dunnair provides us the opportunity to supply […]
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Nidec to acquire Embraco
Japanese firm Nidec has announced it will acquire Embraco, Whirpool Corporation’s compressor business, in a deal worth US$1,080 million. While Nidec has traditionally been known as a major manufacturer of electric motors, it has recently added compressors to its product portfolio, first with the purchase of the Secop Group in 2017, and now with the acquisition […]