Cover Story
Haier to Acquire Carrier’s Commercial Refrigeration Business
– Haier Refrigeration Business to Expand from B2C to B2B, a Milestone Leap On December 14, 2023, Haier Smart Home announced that it had entered into an agreement with Carrier Global to acquire Carrier’s global commercial refrigeration business through acquiring 100% of the equity interest in Carolin Holdings, a Netherlands-based commercial refrigeration specialist in the Carrier Glo...
Carrier Completes Acquisition of Viessmann Climate Solutions
– Carrier to Become a Global Giant in Intelligent Climate & Energy Solutions On January 2, 2024, Carrier Global announced that it has completed the acquisition of Viessmann Climate Soluti...
Kobe Symposium — Accelerating Decarbonization with Technolog
In late autumn in Japan, when the red color of the maple leaves deepened, the beautiful Kobe Port welcomed the elite of the global heating, ventilation, air conditioning, and refrigeration (HVAC&R...
European Heat Pump Summit — A Lighthouse for the Heat Pump I
Heat pumps are widely regarded as a key technology for reducing greenhouse gas (GHG) emissions and achieving the goals of the Paris Agreement. However, the heat pump sector faces many challenges, such...
German New Buildings Energy Act to Be a Heat Pump Market Dri
This year, the European heat pump market, which has grown rapidly over the past few years, particularly in the air-to-water (ATW) segment, has lost its growth momentum, partly due to the reduction in ...
Heat Waves Fail to Become a Powerful AC Market Booster
As JARN reported in the August regular issue, the global room air conditioner (RAC) market in the first half of 2023 grew less than expected, with a slight 4% increase compared with the same period of...
Daikin to Establish a New AC Production Base, Its First in J
On August 2, 2023, Daikin announced that it has decided to acquire land in Tsukubamirai City, Ibaraki Prefecture, to establish a new production base for air conditioners in the capital region of Japan...
Global AC Market Pressurized by Inflation Hopes for Growth i
The global air conditioner market in the first half of 2023 grew less than expected, with a slight increase compared with the same period of 2022, according to JARN’s interviews with major air c...
U-turn to ‘Made in Japan’ — Panasonic to Return to Domestic
During the pandemic, the air conditioner market frequently experienced shortages of inventory and was unable to meet demand, due to factory shutdowns and transport stagnation in China, the world&rsquo...
Copeland Reborn as a New Standalone Business after Blackston
On May 31, 2023, Emerson announced jointly with Blackstone that private equity funds managed by Blackstone have completed the previously announced acquisition of a majority stake in Emerson’s Cl...
