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CTA Group acquired 100% of Raccortubi Group, a manufacturer of stainless steel and special alloy piping materials. The deal creates a new leading group in the sector with forecast 2023 revenues of €265.7 million.
Swiss Federal Railways (SBB) awarded CTA AG a contract worth CHF 1,584,596.30 for the supply, installation and commissioning of 155 Variable Fluid Refrigerant (VRF) systems for climate control in cross-passages of the Gotthard Base Tunnel.
CTA AG broke ground on an expansion of its heat pump production facility at its headquarters in Münsingen, Switzerland, adding about 5,000 m² of usable space, with completion expected by early 2024.
| Site | Largest | Latest |
|---|---|---|
| Münsingen, Switzerland | 2022-10-17 |