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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.

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
ACR News

Plenitude and Modine to build PV plant

Plenitude, a renewable energy production business, and Modine have signed an agreement for the construction of a new solar power plant in Pocenia (Udine). With an installed capacity of 1.585 MWp, the plant is expected to generate approximately 1.8 ...

  27-Jun-2025

Sanhua’s REVOlution for supermarket refrigeration

SANHUA is proud to present its latest innovation in refrigeration technology – the REVO series of controllers. Designed to provide a wide range of applications, the REVO controllers offer high performance and efficiency, ensuring that your refrigerated cabinets maintain optimal conditions for fresh food preservation.
  02-Apr-2025
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