Chinese appliance group Hisense Home Appliances will acquire 75% of Sanden and inject 175 million euros of capital, with the shareholder change to be approved at the May 7 shareholder meeting. Sanden's only French plant is in Tintenia near Rennes.

Chinese group Hisense is set to acquire 75% of Japanese compressor maker Sanden via a share issue worth about 21.4 billion yen (about 178 million euros). The process is to be finalised at a shareholder meeting on May 7, and affects the Tinteniac plant in France.

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.

Hanon Systems began construction of its fifth plant in Korea, in Naengcheon-ri, Gyeongju-si, on a site of about 33,000 square meters. The plant will make heat pump modules and coolant valve assemblies for electric vehicles, with completion expected in Q2 2021 and production from Q3 2021.

Spanish company Oliva Torras has acquired 100% of BSI, which designs and makes compressor mounting equipment for refrigerated vehicles and buses near Dallas, Texas. BSI has about 50 employees and annual sales of about 10 million euros; the price was not disclosed.

Jiangxi Datong Refrigeration Equipment plans a compressor project in Jiujiang Economic and Technological Development Zone with a total investment of 160 million yuan, producing 2 million units per year on two production lines in about 13,000 square metres of leased space.

Shanghai Highly Group and Marelli Holdings announced the completion of a joint venture transaction for auto parts, after Marelli divested and restructured its related business. The venture covers cooling and heating components for vehicles.

Coahuila Governor Miguel Riquelme announced Lennox's third plant in the region, a 375,000 sq ft building with corporate offices being built by Amistad Construction at Amistad Airport Industrial Park.

The joint venture Highly Marelli Holdings between Highly International and Marelli Corporation was officially established on January 28, 2021. It focuses on electrified compressors, heat pumps and HVAC systems for vehicles, with direct access to the Chinese market.

As part of its 2021-2025 strategic plan, INTARCON plans to build a new production plant of 20,000 square metres of factory and office space to optimise manufacturing service.

Spanish HVAC and refrigeration manufacturer INTARCON appointed Germán Gil, former business development director for the Americas, as its commercial director to support its 2021-2025 strategic plan.

Carrier Global signed a strategic long-term agreement under which Sanhua joins the Carrier Alliance program and will supply valves, heat exchangers and drives for Carrier's HVAC and refrigeration portfolios.

Fluidra completed the acquisition of substantially all assets of Built Right, a heat pump manufacturer in Punta Gorda, Florida. Built Right will continue to operate from its headquarters.

Lauda Ultracool, which makes industrial recirculating chillers, has started building a new EUR 7 million factory at 316 Carretera de Rubí, Terrassa, to replace its current site. The plant is expected to be finished by late 2021 and operating in early 2022.

Korean HVAC products supplier Dongwon Tech Corp. is investing $700,000 to open an advanced manufacturing facility and sales office in Hall County, Georgia, creating 40 jobs.

Danfoss Turbocor Compressors will add a new 65,000 to 90,000 square-foot manufacturing and R&D facility at Innovation Park in Tallahassee, Florida. The $48 million project is expected to create about 239 high-wage jobs.

Bradford White agreed to purchase the Keltech line of tankless electric water heaters, expanding its commercial and industrial electric products portfolio and starting a partnership with Bradley.

Dantherm Group has acquired AirCenter AG, a Baden-based Swiss supplier of dehumidification and air-conditioning products with about 30 employees. The deal extends Dantherm's distribution channels in Switzerland.

Mueller Industries signed a definitive agreement to purchase the Hart & Cooley Flexible Duct business, expanding its air quality and climate control offering. The deal is scheduled to close in late January 2021.

Danfoss has joined Carrier's Alliance supplier program under a strategic long-term agreement to supply compressors, valves, heat exchangers and drives for Carrier's HVAC and refrigeration portfolios, including Carrier-branded replacement compressors.

Over the past year Danfoss expanded its Turbocor oil-free compressor portfolio with three new compressors, including the TTH/TGH range for high-lift applications, the 450-ton VTX1600 and the TGS490 optimized for low-GWP R515B.

Nortek Global HVAC announced a $3 million investment to modernize its Dyersburg, Tennessee plant and add a production line for data center air handling units.

Guangzhou Wanbao Compressor held a groundbreaking for a refrigerator compressor factory in Conghua district, Guangzhou, with about 1 billion yuan invested and capacity of 21 million units per year. Production is scheduled to start in October 2021.

Hanon Systems is supplying its R744 heat pump components, including electric compressor, refrigerant valves, internal heat exchanger and accumulator, to Volkswagen Group for its MEB electric vehicle platform.

Ngoc Nghia Industry commissioned Frigel Group to completely retrofit the cooling system of its Interpet PET preform plant in Tay Ninh province, replacing eight chillers and four cooling towers.

Bundy, a maker of heat transfer and cooling components for refrigeration units, is setting up a new production plant in Manisa province, Turkey, as part of a $3.4 million investment, to meet rising global demand.

Hanon Systems announced at its Virtual Investor Day a goal to expand annual electric compressor production to 4.4 million units by 2025 and reach a 25% global market share. Output will rise at its Pamela plant in Portugal and Dalian plant in China.

Blue Star Ltd won an order worth Rs 128 crore from Wistron Infocomm for MEP works in the Phase II expansion of Wistron's factory at Kolar, Bengaluru, including a 4000 ton HVAC system and electrical works.

TI Fluid Systems has begun high-volume production of new R744 heat pump and thermal coolant loop assemblies for the Volkswagen ID.3 and ID.4 battery electric vehicles.

Cummins-Wagner finalized its acquisition of F.R. Mahony & Associates, a Rockland, Massachusetts water and wastewater manufacturer's representative and distributor, effective October 29, 2020. All FRMA employees transferred to Cummins-Wagner's employee stock ownership plan.

Panattoni has started construction of a 12,000 sq m built-to-own factory for Danfoss Poland in Grodzisk Mazowiecki, to produce refrigeration and air-conditioning components, with completion planned for November 2021.

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.

Heat pump maker Ochsner has broken ground on a three-stage expansion of its Haag production and administration site, investing a double-digit million euro sum over four years. Annual output is set to rise from 10,000 to 20,000 units.

Parker Hannifin's HVAC Filtration Division announced a multi-year investment in its existing Jeffersonville, Indiana facility to increase manufacturing capacity for HEPA and medical filters. The investment is supported by the River Ridge Development Authority and the Indiana Economic Development Corporation.

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.

Marelli and Highly International signed an agreement to create Highly Marelli Holdings, a joint venture focused on electrified compressors and HVAC, with legal closing planned for early January 2021.

Bosch and Electra Consumer Products plan to set up an HVAC manufacturing facility and technology park in Ashkelon, Israel, investing NIS 100 million (about $29.6 million). The plant is due to open in early 2022 and employ 300 people.

Soldatal, parent of SDT Air, signed a sale agreement to acquire the machining production unit of the FES Technology Centre in Ripoll, Girona. The site adds 1,400 m2 of plant space for SDT Air's capacity expansion.

Walton High-tech Industries established Bangladesh's first compressor factory, which it established on April 6, 2017, and publicised in July 2020. Walton says the plant makes compressors with German technology and offers a 12-year warranty.

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.

DiversiTech Corporation is opening a concrete manufacturing plant in Leesburg, Lake County, Florida, with an investment of over $2 million and a commitment to create at least 25 jobs.

Qingdao Wanbao Compressor Co. put into operation a technical upgrade for producing VK-series small high-efficiency variable-frequency refrigerator compressors in Qingdao West Coast New Area.

Ruizhi (Qingdao) Precision Electromechanical Co. started production of an expansion adding 3 million compressors, bringing total annual capacity to 12 million units. The project is in Qingdao West Coast New Area and adds about 600 million yuan in output value.

Trane Technologies spun off its industrial business, which combined with Gardner Denver to form the new Ingersoll Rand in a deal valued at $15 billion; the transaction has been completed.

Assemblin acquired Örestadskyl, a refrigeration, freezing and heat pump company with offices in Malmö and Löddeköpinge, Sweden, with annual revenue of about SEK 30 million. The deal took effect immediately.

Heat pump maker iDM has appointed Christoph Bacher as technical managing director alongside Hans-Jörg Hoheisel in Matrei, Austria. Bacher will oversee production, R&D and digitalisation.

Horton is opening a 112,000-square-foot engine cooling plant in the Oconee Industry and Technology Park in Westminster, South Carolina, with an early-May 2020 opening and plans to grow staff from 10 to 125 within five years.

Alfa Laval acquired Niagara Blower Company, a Buffalo, New York maker of engineered-to-order heat transfer products such as air-cooled heat exchangers, on May 29, 2013. The company has about 120 employees.

Uponor, Inc. is expanding its Apple Valley, Minnesota manufacturing facility with an investment of EUR 16 million ($18 million), adding about 8,175 m2 of manufacturing and office space with equipment.

With LDC support, Stuart Turner, a UK water pump and pressure solutions maker, acquired Mikrofill Systems in March 2021. The article describes the acquisition as part of a buy-and-build strategy.