SEARCH

Ingersoll Rand set to acquire Thermocold Costruzioni

Ingersoll-Rand plc is to acquire Thermocold Costruzioni Srl, a privately held Italian company that manufactures and distributes HVAC systems and solutions for residential, commercial and industrial buildings in Europe.

Dave Regnery, president, commercial HVAC North America, Europe, Middle East and Africa, said: “Trane and Thermocold have been innovating new products and serving customers together for several years. This announcement is the next step in strengthening our portfolios to take advantage of the large market opportunity in Europe, and expanding distribution of Thermocold technologies to other parts of the world where demand is growing rapidly.”

One of Thermocold’s signature solutions includes the innovative multi-pipe HVAC system for high efficiency, simultaneous heating and cooling. This system recovers energy by shifting use from a separate boiler and chiller to one single, simplified multi-pipe unit that simultaneously delivers hot and chilled water. This system repurposes rejected energy, or uses renewable energy, for heating the facility delivering a more sustainable solution that reduces the amount of investment costs, use of floor space and total operating expenses. The multi-pipe system further contributes to lower the environmental footprint due to significant lower energy use.

Thermocold president Giovanni Renna said: “Thermocold is pleased at the idea of being part of Ingersoll Rand. We know that with the support and investments from Trane and Ingersoll Rand, Thermocold can serve new and existing customers and distributors better than ever before.”

Thermocold operates from one location in Bari, Italy. The acquisition is expected to close subject to certain closing conditions and third party approvals.

 

8 February 2017

Comments

Already Registered?
Login
Not Yet Registered?
Register

Xylem supports operation to make Whaley Bridge dam safe

A major disaster was narrowly averted in an operation to prevent the collapse of the dam wall at Toddbrook Reservoir in Whaley Bridge. Xylem Water Solutions UK provided pumps to drain the water and its rapid engineering response ensured a successful ...

  21-Aug-2019

Gilberts thermal control

How do you balance the need to prevent wasted energy, and ensure occupants are comfortable, without having to spend money and time connecting ventilation to building management systems? Gilberts Blackpool has an answer....

  21-Aug-2019

Gastite CSST

A wide range of CSST, fittings and accessories are available for projects both large and small. Suitable for all three family gases, the CSST range includes sizes DN15 to DN50 in a choice of lengths. Custom lengths are available for large/multi-family projects. Contractor kits, which include a length of CSST, and two male fittings are also available. Gastite® high-performance XR2™ fittings have a patented Jacket-Lock® fitting which eliminates exposed steel beyond the nut. The range includes male and female fittings, tees, copper compression fittings and couplings. Accessories designed to make installation even easier are also available and include; cutters, utility knives and jacket repair tape.
  12-Aug-2019
Heating & Ventilating Review is the number one magazine in the HVAR industry. Don’t miss out, subscribe today!
Subcribe to HVR

Diary