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Dalrada Financial Corp. executed a term sheet for Tongrun International to exclusively manufacture Likido products in Bonham, Texas, for the North American market under a two-year agreement.
Likido Limited, a portfolio company of Dalrada Financial Corp., was awarded a grant from Innovate UK for repurposing HFC cryogenic chillers to use natural refrigerants, and aligned with CLIMAGAL S.L. for expansion in Spain, France, and Romania.
Dalrada Financial Corp. acquired Scotland-based Likido Limited, a manufacturer of high-temperature industrial heat pumps, for 6,118,000 common equity shares.