25 February 2008
Sanhua Europe's ready for business
ZHEJIANG SANHUA Refrigeration Industrial group, a manufacturer of refrigeration controls for ac systems has announced the launching of new company Sanhua Europe S.L.
As a part of its strategy to capture the European market, Sanhua Europe S.L. based in Madrid, is developing new product lines suitable for EU commercial ac systems.
Sanhua Europe will exhibit at Mostra Convegno (March 11-15) Europe's Milan-based hvac exhibition which focuses on four main categories- heat, cooling, energy and water.
Zhejiang Sanhua acquired Ranco's (Invensys Controls Group) four-way reversing valve business in October 2007. Ranco's reversing valve business produced a £7.1m turnover in 2006 and was sold by Invensys, which was keen to concentrate on other aspects of its $5 billion business. Its products include service valves, electronic expansion valves, solenoid valves, check valves and ball valves.
Zhejiang Sanhua markets in Europe, the Americas, South Korea, Japan, southeast Asia, Hong Kong, and Taiwan. The firm was founded in 1994 and is headquartered in Xinchang, the People's Republic of China.