BDR Thermea Appoints Interim Leadership Team for German Operations NETHERLANDS: BDR Thermea has announced a temporary leadership change for its German business following the departure of Managing Director Erik Feijen, whom the company thanked for his contributions during a challenging period of transformation. Until a permanent successor is appointed, Aliëtte van der Wal-van Dijk, Chief Commercial Officer, and Luigi La Morgia, Chief Technology and Operations Officer, will joi

Hitachi Opens BuilMirai Experience Center in India to Showcase AI-Powered Smart Building Solutions INDIA: Hitachi, in collaboration with Hitachi Lift India and GlobalLogic, has inaugurated the BuilMirai Experience Center at GlobalLogic's headquarters in Noida, India. The facility serves as an innovation and customer engagement hub for BuilMirai, Hitachi's digital building management platform built around its HMAX for Buildings portfolio. By combining operational technology, a

Thailand Air Conditioner Exports to Europe Surge as Heatwave Boosts Demand THAILAND: Thailand's air conditioner exports to Europe are accelerating as prolonged heatwaves and rising cooling demand drive orders. According to the Trade Policy and Strategy Office (TPSO), Thailand exported US$149 million worth of air conditioners in May 2026, up 40.7% year-on-year, while exports reached US$784 million during January–May, an 18.9% increase. Reversible air conditioners with heat pum

Carrier Acquires 75F to Advance AI-Driven Intelligent Building Solutions UNITED STATES: Carrier Global has acquired 75F, a U.S.-based provider of cloud-native, AI-enabled building automation systems, strengthening its intelligent building portfolio. The acquisition enhances Carrier's capabilities across commercial buildings, data centers and retrofit projects by integrating 75F's wireless sensors, AI-powered controls and cloud platform with Carrier's WebCTRL®, Abound™ analyti

SPX Technologies Acquires Neptronic for US$430 Million to Expand HVAC Solutions Portfolio CANADA: SPX Technologies has completed the acquisition of Montreal-based Neptronic Inc. for approximately US$430 million in cash, strengthening its HVAC segment. Neptronic, which employs around 300 people, specializes in intelligent HVAC controls, electric duct heaters and humidification systems serving data centers, healthcare facilities and other commercial applications. The acquisitio

UK Home Air Conditioner Demand Leads to Installation Delays UK: Demand for residential air conditioning systems has increased following two summer heatwaves, resulting in extended installation waiting times and supply shortages across parts of the UK. HVAC businesses in Somerset reported receiving a sharp rise in enquiries, with some installers fully booked until September or October due to limited product availability. Several companies stated that demand has exceeded expect

BDR Thermea Completes Acquisition of G.I. Holding Netherlands / Italy: BDR Thermea has completed the acquisition of 100% of Italy-based G.I. Holding, following its initial purchase of a 25% minority stake in the company in 2023. The acquisition expands BDR Thermea's presence in the commercial and industrial HVAC market and supports its Strategy 2030, which focuses on integrated heating and cooling solutions, connected technologies and after-sales services. G.I. Holding manufa

Panasonic Outlines Growth Strategy for HVAC & Cold Chain Business Japan: Panasonic Group has outlined its growth strategy through 2032, identifying its newly established Panasonic HVAC & Cold Chain Company (HVAC & CC) as a key business supporting the expansion of its Solutions segment. Formed in April 2026 through the merger of Panasonic's Heating and Ventilation A/C Company and Cold Chain Solutions Company, HVAC & CC generates annual sales of approximately JPY 1,300 billion

European Commission Unveils Electrification Plan to Boost Heat Pump Adoption The European Union: European Commission has published its Electrification Action Plan, placing heat pumps at the centre of its strategy to accelerate electrification and reduce reliance on fossil fuels. The plan targets annual heat pump installations of 4 million units by 2030, up from 2.4 million units in 2025. Proposed measures include improving the electricity-to-gas price ratio, ensuring electric

Nigeria Calls for Greater Adoption of Energy-Efficient Building Standards Nigeria: The American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) Nigeria Chapter has called for wider adoption of international standards in heating, ventilation, air conditioning (HVAC) and building design, stating that energy-efficient buildings can reduce energy consumption in residential and commercial properties by up to 40%. During the investiture of the chapter's ne

Voltas Leads Another Round of Air Conditioner Price Increases in India INDIA: Air conditioner manufacturers in India are preparing another round of price increases as elevated raw material costs and currency pressures continue to squeeze margins. Voltas raised AC prices by 2–3% in July, an unusual move during the monsoon off-season, with other brands expected to follow by increasing prices by a further 3–4% in the coming weeks. The latest revisions follow cumulative price inc

Ferguson to Acquire FloWorks in US$1.6 Billion Deal to Expand Industrial Distribution Business USA: Ferguson has agreed to acquire industrial distributor FloWorks from Wynnchurch Capital in a cash transaction valued at approximately US$1.6 billion, with completion expected in the third quarter of 2026, subject to regulatory approval. The acquisition will strengthen Ferguson’s position in industrial flow control by adding expertise in valves, valve automation and repair servic

energy efficiency EUROPE: Following confirmation from the European Environment Agency that the EU27 is on track to achieve its agreed energy and climate targets for the 2020s, the European Union has shifted its focus toward defining energy efficiency priorities for the post-2030 period. On 18 June, the European Commission’s Directorate-General for Energy (DG Energy) held the first of two stakeholder workshops to discuss the future EU energy efficiency policy framework beyond

HVAC Saudi Arabia: Samsung Electronics will supply more than 1,000 high-efficiency heating, ventilation, and air conditioning (HVAC) units to over 100 mosques across eight major cities in Saudi Arabia, including Riyadh and Ramah. The company will install its ceiling-mounted 360 Cassette air conditioning systems, engineered to meet the unique cooling requirements of large religious facilities. The units provide uniform air distribution across expansive indoor spaces while oper

HVAC FRANCE: France has amended its fire safety regulations for high-rise buildings (IGH) to permit the installation of hermetically sealed, CE-marked air conditioning systems using flammable refrigerants under strict safety conditions. The revised regulation broadens the scope of permitted equipment by replacing the term "electric cooling appliances" with the wider category of "thermodynamic systems," reflecting advances in HVAC technology and the industry's transition towar

Lennox Signs Agreement to Acquire Heat Controller US: Lennox announced that it has signed a definitive agreement to acquire Heat Controller, an HVAC equipment supplier serving distributors across North America through its Comfort-Aire and Century brands. The acquisition is intended to expand Lennox’s offering for small and mid-sized HVAC distributors by broadening its product portfolio and strengthening its presence in the North American HVAC market. The transaction is expect

German Cities Continue Heat Planning Away from Fossil Gas Germany: An analysis by Finanztip found that the largest German municipalities continue to prioritise heating strategies that reduce reliance on fossil natural gas despite changes to the country's Building Modernisation Act. The study found that all 16 cities assessed expect a significant decline in fossil gas use, with district heating planned for densely populated areas and heat pumps and other decentralised systems

Airflow Partners with Ideal Bathrooms for UK Distribution UK: Airflow has entered into a distribution partnership with Ideal Bathrooms to expand the availability of its ventilation products across the UK. Under the agreement, Ideal Bathrooms will stock and distribute selected Airflow ventilation systems, duct kits and installation accessories through its nationwide showroom network, allowing customers to source ventilation products alongside bathroom products from a single su

BRG is pleased to announce the recent publication of the 2026 Heating and Cooling market reports for its tiers 2 countries. BRG reports provide an in-depth overview of the most recent developments in the Heating markets in several European countries, including market trends, price developments, sales per sector, supply structure, and distribution patterns. Tier 2 European Heating and Cooling Markets: 2025 Developments Across recently published Tier 2 European countries, 2025

Lombardy Introduces New Law to Promote Sustainable Data Center Development Italy: Italy’s Lombardy Region has introduced Regional Law No. 11 of 3 June 2026, establishing a new legislative framework for data center construction that promotes environmental sustainability, energy efficiency, and resource optimization. The law introduces bonus measures and simplified authorization procedures for projects that recover and reuse waste heat generated by server cooling systems, encou