Handshake UK: Nordic Climate Group has expanded its UK operations through the acquisition of Technical Retail Services Ltd (TRS), a Glasgow-based provider of refrigeration, electrical, and mechanical services with operations across Scotland and England. The acquisition enhances the Group’s UK footprint and adds a service-focused business with established partnerships with several of the country’s leading retailers. Founded in 1998, TRS has earned a strong reputation in the re

Selsmart and Lloyd launch appliance exchange programme in India India: Selsmart, the exchange and recycling platform operated by Attero, has partnered with Lloyd, part of Havells India, to introduce the Lloyd Eco Exchange Program. The initiative allows consumers to exchange old appliances for new Lloyd products, with the assessed value of the old equipment applied towards the purchase. The programme is currently available at selected Havells and Lloyd stores and is expected t

ACCA names Bosch Home Comfort Group as strategic partner USA: Air Conditioning Contractors of America has added Bosch Home Comfort Group as a Premium Strategic Partner under its Strategic Partner Program. The Bosch Home Comfort Group provides heating, ventilation and air conditioning solutions across residential and light commercial segments. In August 2025, the group completed the acquisition of the residential and light commercial HVAC business from Johnson Controls and the

Vietnam sets 2026 roadmap to improve business environment Vietnam: Phạm Minh Chính has signed Resolution 02/NĐ-CP, setting out key tasks and measures to improve the business environment and enhance national competitiveness in 2026. The resolution focuses on institutional reform, reduction of business requirements and acceleration of administrative reforms. The Government stated that Việt Nam’s investment climate showed improvement in 2025, supported by progress in administrat

Air Conditioner Extended heatwaves across Southern Europe, particularly in Spain and Greece, continue to spike demand for air conditioning, transforming cooling from a luxury to a necessity. The trend persisted in 2025 amid record temperatures in the region. As per BRG estimates, while only about one-third of homes in Spain had air conditioning at the beginning of the last decade, the adoption has surged with continued growth (pandemic year of 2020 being the only exception) t

Sales Growth in FY2025 Germany: The Würth Group reported record sales growth of approximately EUR 20.7 billion (USD 22.4 billion) in FY2025, representing 2.3% year-on-year growth, or 3.2% growth at constant currency, while maintaining a stable operating result of EUR 940 million before tax (USD 1.02 billion). Sales in Germany reached nearly EUR 8.0 billion (USD 8.6 billion), up 0.8%, while international sales rose 3.3% to EUR 12.7 billion (USD 13.7 billion), supported by stro

Support Smart Energy Transition Netherlands: ABN AMRO is providing EUR 10 million (USD 10.8 million) in financing to Quatt, a manufacturer of smart home energy products, reinforcing the bank’s commitment to accelerating the energy transition in the Netherlands. The financing Support Smart Energy Transition solutions such as heat pumps, home batteries and energy management software, helping address grid congestion and enabling cleaner, smarter and more affordable household ene

Strong Sales Growth In 2025 Switzerland: The Geberit Group achieved solid performance in 2025, reporting currency-adjusted net sales growth of 4.8%, significantly strong sales growth above overall market development, despite a challenging environment. In Swiss francs, net sales increased by 2.5% to CHF 3,163 million (USD 3,480 million), with negative currency effects amounting to CHF 72 million (USD 79 million). Growth was driven by strong volumes supported by newly launched

Manchester Training Academy UK: Daikin has opened a new training academy in Manchester, United Kingdom, featuring hands-on training rooms, a realistic house setup, and virtual reality facilities to support heat pump and low-carbon heating skills. The academy offers product and industry-accredited training for installers, social housing providers and developers, supporting the growing demand for low-carbon heating and skills development in the region.   Source: HPM

Completes First Phase of Manufacturing India: Copeland has completed the first phase of its ₹500 crore investment (USD 445,000 million) at its Atit manufacturing facility in India, strengthening its local manufacturing footprint. The expansion enables localized production of scroll hermetic compressors, making Copeland the only company manufacturing scroll compressors in India, and was marked by the first shipment of 5 HP India-built scroll compressors. This milestone highlig

Dunelm Sees Solid H1 UK: Homewares retailer Dunelm reported a “solid first half” performance in a challenging UK retail environment, while signalling that full-year profits are likely to come in at the lower end of expectations following a softer second quarter. For the period ended 27 December 2025, total sales reached GBP 926m (USD 1,176m), up from GBP 894m (USD 1,135m) in the same period last year. Performance was supported by a strong first quarter, but trading weakened i

Kitchen GERMANY: The BLANCO Group is gearing up for the future through key leadership changes. The company’s strategic shift from an accessory supplier to a comprehensive system provider for the kitchen water segment will be further advanced internationally and scaled efficiently. Effective 1 May 2026, CFO Rüdiger Böhle will succeed Frank Gfrörer as CEO of BLANCO. Gfrörer, who assumed leadership of the BLANC & FISCHER family holding last May, will now serve as Chair of the BL

HVAC USA: Lennox is investing in its commercial HVAC business to boost product availability, expand distribution capabilities, and enhance the overall customer experience, supporting the needs of today’s commercial contractors, engineers, and building owners.  The company recently expanded its commercial distribution network with the opening of its largest Regional Distribution Center in Edgerton, Kansas. Spanning 763,000 square feet, the facility significantly increases dist

Bosch GERMANY: The Bosch Home Comfort Group is further aligning its management structure to enhance regional customer focus and support global growth. Effective January 1, 2026, Maria Zesch and Stephan Lampel will join the Global Executive Board. Zesch will lead the Europe, Middle East, and Africa (EMEA) sales region, while Lampel will take over responsibility for commercial functions, succeeding Thomas Volz. These appointments reinforce the company’s focus on addressing dive

Building UK: Between April and August 2025, the UK Net Zero Carbon Buildings Standard Pilot Testing Programme was applied to 205 projects from 134 owners, covering a diverse range of building types and sectors. Insights from this pilot are now shaping Version 1 of the Standard in preparation for market launch.  The pilot welcomed applications from buildings across the UK at various stages of development, from early design to post-construction. Projects included both high-perf

houses UK: The four-year framework helps housing providers and local authorities deliver large-scale retrofit programmes aimed at improving energy efficiency and reducing emissions in homes across the UK. Developed in line with Procure Plus’ four-pillar approach to social housing procurement, focused on cost efficiency, quality and compliance, innovation, and social value, the framework emphasizes skills development, supply chain resilience, and positive outcomes for resident

Heating network UK: A new regulatory technical requirement for heat networks is set to be introduced on 27 January, promising both practical and long-term benefits. The Heat Network Technical Assurance Scheme (HNTAS), expected in 2026, will ensure all heat networks meet consistent performance standards. Sophie Sibley, Principal Engineer at Synergie Environ, welcomes the development, noting that it will strengthen confidence in the quality of the UK’s heat networks.  HNTAS bui

Climate change TAJISKISTAN: Tajikistan has taken a significant step in addressing climate change by signing an agreement to gradually phase down hydrofluorocarbons (HFCs), highly potent greenhouse gases used in cooling systems.  The deal was signed on January 12 in Dushanbe by the Committee for Environmental Protection under the Government of Tajikistan and the UN Development Programme (UNDP), according to The Caspian Post citing Tajik media.  The agreement launches the “Inte

Bathroom USA: Luxury Products Group (LPG), a leading buying group for independent luxury bath, kitchen, lighting, and hardware showrooms, has reported 10% year-over-year growth, outperforming the broader market during a year marked by significant consolidation and disruption within the buying group sector.  While many in the industry faced mergers, shifting alliances, and economic uncertainty, LPG maintained steady performance through strong member engagement, disciplined ven

Magnet Sold as Nobia Exits UK Operations UK: Magnet, a kitchen fixtures retailer, has been sold to UK-based private equity firm Alteri Partners for a peppercorn fee of 0 pounds (0 EUR). The transaction forms part of the exit of Swedish kitchen group Nobia from the UK market and includes the brands Gower, Commodore and CIE. As part of the agreement, Alteri Partners has assumed responsibility for Magnet’s store lease obligations, amounting to just over 60 million pounds (EUR 69