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Ingersoll Rand completes acquisition of Thermocold Costruzioni Srl

On 1st April Ingersoll-Rand completed its acquisition of Thermocold Costruzioni Srl.

The acquisition strengthens the company’s comprehensive portfolio of energy efficient, climate-friendly heating, ventilating and air conditioning (HVAC) products for buildings in Europe with opportunities to extend Thermocold technologies to other parts of the world. Thermocold operates from one location in Bari, Italy, and has a wide European distribution network.

President of the Commercial HVAC North America, Europe, Middle East and Africa strategic business unit (SBU) of Ingersoll Rand, Dave Regnery, said: “The completion of this acquisition marks another milestone in providing breakthrough solutions for building owners to achieve operating and sustainability goals. We have been jointly innovating and serving customers, and this is the next step in our relationship. This is an exciting day for employees and distribution partners; we look forward to the growth potential we have together.”

One of the signature Thermocold solutions is a multi-pipe HVAC system for high efficiency, simultaneous heating and cooling. This system repurposes rejected energy, or uses renewable energy, for heating the facility, delivering a more sustainable solution that reduces the amount of investment costs, use of floor space and total operating expenses. The multi-pipe system further contributes to lower the environmental footprint of a building due to significant lower energy use.

The company did not disclose the cost of the acquisition and indicated the transaction would not have a material impact on the company’s cash flow or earnings in 2017.

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

MHIAE announces wireless LAN connectivity as standard for residential air conditioners

Mitsubishi Heavy Industries Air Conditioning Europe (MHIAE) has announced that, in order to meet demand, its high performance ZSX series and ZS series residential room air conditioners will now include wireless LAN connectivity as standard....

  17-Aug-2022

If you need to open a solenoid valve manually, you need a SVOM!

"THE SMALL TOOL WITH A BIG ATTRACTION" Available from Refrigeration Wholesalers If you would like to become a distributor please contact sales@fridgenius.co.uk
  30-Jun-2022
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