Hisense in Kelon take-away

ACR-News

Add my company

Know what you want? Try our 'Supplier Directory'

All

Hisense in Kelon take-away

HISENSE Air Conditioner Co has bid $111m for the 262 million shares owned by Greencool in fellow Chinese manufacturer, the troubled, Kelon. Guangdong Greencool is Kelon's largest shareholder with a 26.43% stake.
Last month, Kelon's chairman Gu Chujun, and four other Kelon executives were detained by Chinesauthorities on suspicion of committing 'economic crimes'. Kelon subsequently fired Mr Gu whom securities regulators said they suspected of overstating the company's profit since 2002. Gu owns 60% of Guangdong Greencool.

Printable View E-mail Bookmark

The IOR Annual Conference – a conference on-demand

Delegates to the IOR Annual Conference taking place from 21 to 22 April will get the chance to access the event live and all sessions and recordings for up six months afterwards providing fantastic value and allowing anyone registering for the event ...

01-Apr-2021

Driving eco-friendly climate control solutions

Extreme weather events, rising energy costs and the global push for decarbonisation are reshaping how businesses manage their facilities. For industrial and commercial operations, maintaining stable indoor conditions is essential for productivity, ...

09-Jan-2026

Latest supplier news

F&R Products Ltd - the Trusted UK Industrial Refrigeration Specialist

F&R Products Ltd, a leading UK supplier of industrial water chillers and refrigeration solutions, continues to support businesses across the UK and Ireland with reliable, energy-efficient cooling systems and expert technical support.

23-Jan-2026

Subscribe to ACR News

ACR News is the number one magazine in the air conditioning and refrigeration industry. Don’t miss out, subscribe today!