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News Archive - October 2006

Daikin set to complete OYL takeover 27 October 2006
DAIKIN is reported to have finally acquired 96% of OYL shares which will trigger a compulsory acquisition of the remainder.

Bubble bathed in glory 27 October 2006
THE inventor of a device which is capable of throttling refrigerant between condenser and evaporator has won ASERCOM's 2006 Energy Efficiency Award.

HVCA agrees new pay deal 27 October 2006
A NEW three-year agreement between the HVCA and the trade union Amicus will see operatives hourly pay rise by 3.5% from November 6, this year; 3.5% from September 3, 2007; and 4% from 6 October 2008.

ACR Group announces record results 20 October 2006
A US-based leader in the distribution of air conditioning and refrigeration equipment has posted record results following strong demand in the second quarter.

Aerco launches new fans 20 October 2006
Aerco, a global distributor of electrical components based in the UK, has announced it will make its new ADDA AC fans available in this country.

Thermofrost Cryo becomes Toshiba distributor 12 October 2006
Thermofrost Cryo has become the latest company to join the Toshiba Air Conditioning distribution network.

Daikin/OYL deal gets Euro clearance 12 October 2006
DAIKIN'S proposed £1.1bn acquisition of OYL has been given the go-ahead following clearance by the European Commission.

UK ac sales continue to rise 12 October 2006
THE UK air conditioning market is expected to increase by 3% this year to £675.6m, according to a new report by market analysts MBD.

DEFRA backs research into refrigeration efficiency 12 October 2006
Researchers at the Bristol University, have taken over a Defra (Department for Environment, Food and Rural Affairs) funded project to identify, develop and stimulate more energy efficient refrigeration technologies and practices.

Better air con boosts performance 12 October 2006
Children learn more quickly and effectively in schools with better air quality, according to new research from the US.

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