World News

Industry news and insights from Europe and around the World

UK News

Latest news and developments in the United Kingdom

Products

Keep up-to-date with the latest new products and technology

Features

General articles, applications and industry analysis

AFR Refrigeration sold to SHEco Group

AFR’s Rudy Reginiano (left) seals the deal with SHEco’s Pat Maughan

UK: AFR Refrigeration, the London-based refrigeration importer and wholesaler, has been sold to the SHEco Group.

Established in 1970, AFR Refrigeration is one of the industry’s longest running independent refrigeration wholesalers and represent some of the world’s top manufacturers including Zanotti, Dorin, Guntner, Geneglace, J&E Hall and Italia Refrigeration.

“After 54 years since my father and I started the company I have no intention of retiring completely but it was important to for me and my loyal staff, to ensure that the company would continue in my absence,” commented AFR MD Rudy Reginiano.

Based in Tipton in the West Midlands, the SHEco Group comprises SHEco Automotive Systems, heating and cooling solutions provider SHEco Engineering Services and SHEco Renewable Systems.

Commenting on the acquisition, Sheco Group director Pat Maughan said: “My connection with Rudy goes back over 40 years. We too are a family-owned group with roots in heating , automotive and renewables, involving air conditioning and heat pumps for commercial and industrial use. We see great synergy in bringing AFR on-board to complete our involvement in all temperature environments.”

Latest News

21st December 2024

Hoshizaki takes 51% stake in Vietnamese company

JAPAN,VIETNAM: Hoshizaki, the Japanese manufacturer of commercial food and beverage refrigeration equipment, has acquired a majority shareholding in Vietnamese company Asia Refrigeration Industry (ARICO).
20th December 2024

Giles Pratt set to retire

UK: Giles Pratt, sales specialist at Fujitsu General Air Conditioning UK, is set to retire after a career spanning 40 years in the UK air conditioning industry.
20th December 2024

Vertiv acquires centrifugal chiller technology

UK: Vertiv has invested in centrifugal chiller technology with the acquisition of certain assets of BiXin Energy Technology (Suzhou) Co (BSE).
20th December 2024

Mitsubishi Electric buys Irish agent

NETHERLANDS/IRELAND: Mitsubishi Electric Europe is to acquire all the shares of its Irish agent – air conditioning installation and maintenance company Crystal Air Holdings Ltd.
20th December 2024

Daikin joins green initiatives agreement

UK: Heat pump manufacturer Daikin has signed a memorandum of understanding (MoU) with the West Yorkshire Combined Authority to support jobs, skills training, warmer homes and more sustainable power.
19th December 2024

Foodservice equipment wins F-gas exemption

EUROPE: The foodservice industry has obtained a temporary exemption to a January 1 ban on certain self-contained refrigeration equipment under the new European F-gas regulations.