# Trane Technologies European Holding to acquire 17.8% stake in Thermo King Container Temperature Control

Trane Technologies European Holding Company BV agreed to acquire a 17.8% stake in Thermo King Container Temperature Control (Suzhou) Corporation Ltd. from Bingshan Refrigeration & Heat Transfer Technologies Co., Ltd. for approximately CNY 100 million.

- Type: Acquisition
- Announced: 2022-05-27
- Where: Suzhou, China
- Value: $14.9M (100.0M CNY)
- Status: announced
- Products: container temperature control systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Bingshan Refrigeration Technology Co., Ltd.](https://endata.com/companies/63855.md)
- [Trane Technologies European Holding Company BV](https://endata.com/companies/63123.md) (acquirer)
- [Thermo King Container Temperature Control (Suzhou) Corporation Ltd.](https://endata.com/companies/63124.md) (target)
- [Bingshan Refrigeration & Heat Transfer Technologies Co., Ltd.](https://endata.com/companies/63125.md) (partner)
- [Reefer Container Temperature Control (Suzhou) Co., Ltd.](https://endata.com/companies/63856.md) (target)

## Sources

- [in.marketscreener.com](https://in.marketscreener.com/quote/stock/BINGSHAN-REFRIGERATION-HE-103585341/news/Trane-Technologies-European-Holding-Company-BV-agreed-to-acquire-17-8-stake-in-Thermo-King-Containe-40632332/), 2022-05-27: "Trane Technologies European Holding Company BV agreed to acquire 17.8% stake in Thermo King Container Temperature Control (Suzhou) Corporation Ltd. from Bingshan Refrigeration & Heat Transfer Technologies Co., Ltd. for approximately CNY 100 million."
- [epaper.cs.com.cn](https://epaper.cs.com.cn/zgzqb/html/2022-07/01/nw.D110000zgzqb_20220701_2-B005.htm), 2022-07-01: "目前，公司已与特灵科技欧洲控股公司正式签署了《股权转让合同》，且相关工商变更登记已完成。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.