German industrial holding Nimbus agreed to acquire the Kompressortechnik unit of Hoerbiger, which makes compressor components for refrigeration and brake air systems, with operations in Germany, China and India and about 300 employees, mostly in Schongau. Closing is expected in early 2026; the price was not disclosed.
GIG Karasek has been awarded an EPC contract by BASF SE to deliver a 50 MWth industrial heat pump system at the Ludwigshafen site in Germany, for CO2-free steam generation. The project is funded with up to €310 million and commissioning is scheduled for 2027.
Heat pump maker Stiebel Eltron plans to invest up to EUR 72 million in its Holzminden plant to expand production of air-to-water heat pumps, receiving a grant of up to EUR 10.8 million; the grant notice was handed over on 8 January 2025.
RheinEnergie selected MAN Energy Solutions to supply a 150-MW riverine heat-pump system at its Cologne-Niehl power plant, a roughly EUR 280 million project to deliver climate-neutral district heating.
RheinEnergie commissioned MAN Energy Solutions to deliver a turnkey 150 MW river-water heat pump plant at its Cologne-Niehl power plant site. RheinEnergie is investing about €280 million, with operation expected from 2027.
TD Deutsche Klimakompressor (TDDK) held a topping-out ceremony for the sixth construction phase of its Bernsdorf, Saxony plant, adding 17,500 sq m of building area for electric refrigerant compressors, with the shell due to be completed by end 2024.
TDDK announced on April 8, 2024 that it will expand its Straßgräbchen plant near Kamenz into the largest electric automotive climate compressor production site in Europe. Mass production is due to start in 2025, and capacity will rise from six to eight million compressors a year. Investment size has not been disclosed.
Viessmann Climate Solutions has started series production of the Vitocal 200-A PRO air/water heat pump for commercial use on a new production line at its Landsberg am Lech site, with capacity for four-figure annual volumes.
GEA Group will invest about €5.5 million by 2026 to modernize production at its GEA AWP valve plant in Prenzlau, Germany, replacing seven older machines and adding about 20 production jobs.
GEA is investing around €5.5 million to modernise industrial refrigeration valve production at its AWP site in Prenzlau, Germany, replacing older machining centres with new CNC machines. The investment will add 20 production jobs by 2026.
Johnson Controls will install four 15 MW heat pumps at Hamburg's Dradenau wastewater treatment site to feed fossil-free heat into Hamburg Energie's district heating network from 2025, saving about 66,000 tons of CO2 a year.
Rheinmetall has developed a prototype propane (R290) e-compressor and heat pump module for electric vehicles, presented at the ATMO Europe Summit in September 2023, with market availability targeted by 2028.
ait-group is acquiring and converting the neighbouring Maja-Werke site in Kasendorf, Germany, doubling its heat pump production capacity by up to 150,000 units. Production start is planned for early 2024 and the company aims to take over Maja employees.
TD Deutsche Klimakompressor broke ground on its sixth construction phase in Straßgräbchen, Saxony, adding about 20,000 square metres and a high-bay warehouse, with completion planned for late 2024 and annual shipments rising from 6 to 8 million units.
Johnson Controls agreed to supply four 15 MW heat pumps for Hamburg Wasser's Dradenau wastewater treatment plant, feeding district heating for Hamburger Energiewerke from about 2025. The project is expected to save around 66,000 tonnes of CO2 a year.
technotrans has won a serial order from ADS-TEC Energy for a bespoke cooling solution for its battery-buffered ChargePost ultra-fast charging station, with a total value in the single-digit million euro range. Production starts in the second quarter of 2023 at technotrans' new Steinhagen site.
Stiebel Eltron plans to invest 450 million euros in its Holzminden main plant to quadruple heat pump production capacity and roughly triple industrial jobs to about 1,200 by 2027.
US fridge and air-conditioning group Carrier Global agreed to buy the core business of German heat pump maker Viessmann for about 12 billion euros ($13 billion), according to Reuters Breakingviews.
Danfoss has finalized its acquisition of BOCK GmbH, a maker of CO2 and low-GWP compressors, on 1 March 2023. BOCK's team of 400 staff joins Danfoss; the deal was first announced in late 2022.
Danfoss announced its intent to acquire compressor manufacturer BOCK GmbH of Frickenhausen, Germany, from private equity firm NORD Holding, expanding its natural refrigerant compressor portfolio; closing expected by Q1 2023.
GEA Heating & Refrigeration Technologies introduced the Grasso L XHP high pressure screw compressor and Grasso V XHP high pressure piston compressor at Chillventa 2022 in Nuremberg.
Standard Motor Products acquired 100% of Kade Trading GmbH, a Glinde, Germany-based supplier of mobile temperature control components with about $6 million in 2021 revenue, funded from its revolving credit facility. The announcement was made on October 5, 2022.
Stiebel Eltron Group acquired PAW GmbH & Co. KG, a family-owned maker of heating, freshwater and flat-station distribution systems employing about 150 people in Hameln, Germany. Terms were undisclosed and Livingstone Partners advised on the sale.
Financial investor NORD Holding completed the purchase of compressor manufacturer GEA Bock from GEA Group on February 26, 2021, and the company now operates as Bock GmbH. The deal included the Frickenhausen headquarters and subsidiaries in China, India and the Czech Republic.
Stiebel Eltron agreed to acquire a majority shareholding in Zimmermann Lüftungs- und Wärmesysteme, a Freudenberg, Germany maker of heating and heat-recovery systems under the Proxon and Atarus brands.
GEA has agreed to sell compressor maker Bock, including Bock GmbH and its subsidiaries in the Czech Republic and India plus sites in China and Australia, to German private equity firm Nord Holding. Financial terms were not disclosed and closing is expected in early 2021.
Ziehl-Abegg SE is investing 16 million euros to expand its production buildings at Kupferzell, adding about 8,400 square metres for energy-efficient electric motors and composite fan production. The official groundbreaking took place with Baden-Württemberg's economics minister present.
NIBE Industrier signed an agreement to acquire 100% of German heat pump manufacturer WATERKOTTE GmbH, which operates in Herne and Georgsmarienhütte in Germany. The purchase price was not disclosed, and consolidation is expected from 1 April 2020. The announcement was made on 10 March 2020.
BITZER has begun producing condensers at its Rottenburg-Hailfingen, Germany factory, which it set up after acquiring Alfa Laval's shell and tube evaporator and condenser portfolio in 2018. The first new condenser was made in July 2019 and shipped to a customer, with production moved from Alonte, Italy.
Pierburg GmbH, part of Rheinmetall Automotive, won a first major European order worth around €50 million from a premium German carmaker for a 2/2 coolant valve. Series production for the customer's vehicles starts in 2021.
Kaeser Kompressoren is building a 2,300 square metre extension in Gera for refrigerant dryer production, with a total investment of about nine million euros; production could start in June 2019 after topping out on January 20, 2019.
NOSKE-KAESER Maritime Solutions received an order from the K130 consortium, led by Lürssen, for air conditioning, refrigeration and fire protection systems for five more corvettes for the German Navy. Deliveries of the first components are scheduled for 2019.
Rheinmetall Automotive's Pierburg unit won a first small-series contract to deliver heater/cooler modules for electric vehicles to Dutch bus maker VDL Bus & Coach, for its VDL MidCity Electric minibus due in 2018; the units are assembled in Neckarsulm, Germany.
Nidec Corporation completed the acquisition of 100% of Secop Holding GmbH and other Secop entities, German compressor manufacturer, from Aurelius on July 31, 2017. The companies are being renamed Nidec Global Appliance entities.
Japanese motor maker Nidec plans to fully acquire the Secop group, a German refrigerator components maker, in a deal valued at $227 million. The move aims to capture demand from tightening environmental regulations.