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26 January 2011

Sales boost for LG but no bid for Goodman

LG Air Conditioning saw worldwide sales increase by 50.5% in the last quarter of 2010, compared to the same period in 2009. Full year sales reached $4.2bn, 12.2% higher than 2009.
Significant growth was experienced in Middle East, Africa, Central and South America and stronger overseas commercial ac sales.

The Korean manufacturer also confirmed that it would not be making a bid for US air conditioner manufacturer Goodman Global despite being approached by San-Francisco-based private equity firm Hellman & Friedman. Japanese manufacturer Daikin is still considering making a bid.

World Refrigeration Day

Industry has embraced the inaugural World Refrigeration Day (WRD) with events happening all over the world....

  25-Jun-2019

Seeley to introduce new MagIQtouch Wi-Fi Smart App

The MagIQtouch smart app allows remote control of Breezair evaporative cooling systems through any mobile device with Internet connection....

  21-Oct-2019

Fridge Freezer Direct Introduces J & E Hall's range of Cellar Cooling

Reliable and energy efficient, the JCC range of cellar coolers are designed to be used in wine and beer cellars above or below ground.
  22-Oct-2019
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Diary

HVR Awards
IoR Northern branch annual dinner
IoR Scotland annual dinner
Thermozone "Maintenance is King at the National Maritime Museum at Greenwich" Trevor Dann
BSRIA Briefing