Partnership UAE: Abu Dhabi–based Mubadala Investment Company has teamed up with Bain Capital to acquire Service Logic, a US commercial HVAC and building automation services provider, from private equity firm Leonard Green & Partners. The financial details of the deal were not disclosed. Headquartered in Charlotte, North Carolina, Service Logic operates a network of more than 140 locations across North America and employs over 5,000 technicians. The company delivers essential

Heat pump South Korea: The government has unveiled plans to accelerate the adoption of heat pumps, which use air-source heat for space heating and hot water, as part of its broader decarbonization strategy. During a ministerial meeting on industrial competitiveness and the growth strategy task force held at the Government Complex Sejong on the morning of the 16th, the Ministry of Climate, Energy and Environment outlined a target to cut 5.18 million tons of greenhouse gas emis

Ariston ITALY: Ariston Group has completed the acquisition of 100% of Riello Group, a well-established company known for its heritage brands, including Riello and Beretta. This strategic transaction provides Ariston with access to complementary sales channels, product lines, and a robust service network, strengthening its position in Italy’s climate comfort sector. It also enhances Ariston’s standing as a global expert in combustion technologies, leveraging Riello’s extensive

factory INDIA: Home appliances brand Haier Appliances India is set to expand its manufacturing presence in the country with an investment of ₹3,500 crore (US$387 million) over the next three to four years. The Chinese company, which produces televisions, air conditioners, and refrigerators, currently operates two facilities in Greater Noida and Pune and is planning a third unit in western or southern India. On Friday, Haier unveiled its Gravity AI Series Air Conditioners duri

Collaboration INDIA: The Centre for Entrepreneurship Development (CED), Government of Gujarat, has signed an MoU with Bosch Home Comfort India Limited to set up Heating, Ventilation, and Air Conditioning (HVAC) Skill Development Centres in Northern Gujarat. Under this collaboration, the nodal centre will be established at Ganpat University in Mehsana, serving as a hub for specialised technical training in the HVAC sector. The partnership aims to enhance employability, promote

Hoffman & Hoffman to Invest $8.5M and Create 60 Jobs in Lexington County USA: Hoffman & Hoffman, a leading HVAC company, has announced plans to invest $8.5 million in a new facility in West Columbia, Lexington County, signaling a major expansion of its operations in South Carolina. The project will consolidate the company’s existing offices into a single, modern location while enhancing its capacity to deliver comprehensive heating, ventilation, and air conditioning services

JV JAPAN: Copeland and Daikin, two global leaders in heating, ventilation, and air conditioning (HVAC) technologies, have announced the expansion of their existing joint venture into the European market. Under this extended collaboration, the companies will jointly introduce advanced inverter swing rotary compressors, along with power electronics and control solutions, specifically tailored for residential heat pumps in Europe. The partnership highlights both companies’ commi

Brazil Sets Out Stage I Plan for National HFC Phase-Down BRAZIL: Brazil has unveiled its proposed Stage I National HFC Phase-Down strategy, reaffirming its commitment to the Kigali Amendment. Running from 2027 to 2032, the plan targets a 10% reduction in HFC consumption through regulatory measures, sectoral actions and adoption of low-GWP technologies. Proposed steps include banning certain high-GWP refrigerants from 2029, updating energy standards, and supporting industry tr

Haier India Targets USD 2 Billion Revenue by 2027 INDIA: Haier Appliances India has unveiled an ambitious growth roadmap, aiming to achieve USD 2 billion in revenue from the Indian market by the end of 2027. To support this target, the company plans to invest approximately USD 4.2 billion over the next three to four years, focusing on manufacturing capacity expansion, higher localisation, and operational excellence. As part of this strategy, Haier is evaluating potential loca

Daikin Signs Deal to Acquire Anh Nguyen, Boosting Solutions Business in Vietnam JAPAN: Daikin Industries has agreed to acquire Anh Nguyen Trading Technical Service, a Vietnam-based building management and instrumentation specialist, through Daikin Air Conditioning Vietnam. Expected to close in early fiscal 2026, the deal strengthens Daikin’s solutions business as demand for energy-efficient buildings rises in Vietnam. By integrating HVAC systems with advanced building managem

Xiaomi Unveils First Self-Made Central Air Conditioner CHINA: Xiaomi has commenced operations at its first large home appliance factory, the Wuhan Xiaomi Smart Home Appliance Factory (Phase I), marking a strategic shift towards in-house manufacturing. The facility will initially focus on air conditioning, with the Mi Home Central Air Conditioner Pro set to be its first product. Powered by advanced smart manufacturing systems, the factory enables rapid production, strict quali

LG Partners with ZāZEN Properties for HVAC in Dubai’s ZāZEN Gardens UAE: LG Electronics has partnered with ZāZEN Properties to equip the ZāZEN Gardens residential community in Al Furjan, Dubai, with advanced LG MULTI V VRF HVAC systems. The solution delivers high energy efficiency, superior indoor air quality and precise temperature control, supporting the project’s LEED Gold certification goals. Featuring fresh air handling units, advanced filtration and centralised controls

Daikin Applied Invests USD 163 Million in New R&D Test Lab in Minnesota U.S.: Daikin Applied has announced a USD 163 million investment to build a 71,000-square-foot, state-of-the-art R&D test lab at its Plymouth, Minnesota headquarters, reinforcing its commitment to advancing HVAC innovation across chillers, air handlers, heat pumps, and hyperscale data-center cooling technologies. The facility has begun phased commissioning of nine test cells, with full completion expected

NIBE enters Scottish distribution agreement with William Wilson Scotland: NIBE Energy Systems Limited has announced a distribution partnership with William Wilson, a plumbing, heating and bathroom merchant in Scotland. Beginning in January 2026, William Wilson is expected to stock and distribute NIBE’s air source and ground source heat pumps together with a range of related accessories. The agreement is intended to broaden access to NIBE products for installers and customers

Thermostat FRANCE: A decree issued on 7 June 2023 required all homes and buildings to be fitted with programmable thermostats by 2027. However, Finance Minister Roland Lescure announced via Bluesky that this deadline has been postponed to 2030 to provide “greater flexibility for households and professionals to equip themselves.” From 13 November until this Thursday, the government opened a public consultation on pushing the compliance date to 1 January 2030 for both residenti

After a few challenging years, the European ventilation market is finally seeing light at the end of the ductwork Ventilation manufacturers have faced better times. Following more than a decade of steady growth, demand for ventilation products in Europe peaked in 2022. Since then, sales have declined across most countries and product categories. Among the 23 European markets covered by the BRG Ventilation Programme 2025, only the UK, Ireland, Spain, Greece, France, and Belgiu

Trane Technologies United States: Trane Technologies has signed an agreement to acquire Stellar Energy Digital, a provider of turnkey liquid-to-chip cooling solutions for data centres. Based in Jacksonville, Florida, Stellar Energy designs modular cooling plants and utility systems and employs around 700 people across two assembly facilities. The acquisition strengthens Trane’s position in the fast-growing data centre thermal-management market and creates opportunities to sca

Why Window ACs Still Dominate in the Philippines: A Regional Perspective Across Southeast Asia, the transition from traditional window air conditioners to more efficient split-type systems have become increasingly evident. Countries such as Thailand, Malaysia and Vietnam have seen rapid uptake of split-type air conditioners, supported by rising household incomes, modernising housing stock and strong policy emphasis on energy-efficient appliances. The Philippines, however, rem

Italy launches biogas-powered district heating and cooling system Italy: Italy has introduced its first integrated district heating and cooling system powered entirely by biogas produced from sewage sludge. The facility, located in Peschiera Borromeo near Milan, uses anaerobic digestion to generate biogas that supplies both heat and chilled water. Developed by CAP Evolution, the project establishes a new technological model at the national level and supports Gruppo CAP’s long

Rongcheng added to Haiyang nuclear district heating network China: Rongcheng has become the third city in Shandong Province to receive district heating from the Haiyang nuclear power plant, according to the State Power Investment Corporation. The Warm Core No 1 project began supplying heat to Rongcheng’s urban area on 15 November. Haiyang and Rushan are already connected to the network. The Haiyang plant first launched its district heating service in November 2020, following