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

BDR Thermea buys stake in GI Holding

NETHERLANDS/ITALY: BDR Thermea has strengthened its strategic partnership with GI Holding following the acquisition of a 25% stake in the Italian HVAC manufacturer.

Headquartered in Latisana, Italy, GI Holding manufactures and markets a range of heat pumps, liquid chillers, air handling units, rooftop-packaged units and fan coil units under the Clint, KTK Klimatechnik and Novair brands. The company also offers tailor-made cooling systems for server rooms and IT cooling applications under the Montair brand.

Based in Apeldoorn, heating equipment manufacturer BDR Thermea owns the Baxi, De Dietrich, Remeha, Brötje, Chappée and Baymak brands. The company has been selling GI Holding’s medium- to high-capacity heat pumps under the Baxi brand in Italy, Spain and Portugal, since 2020.

Under the strategic partnership, BDR Thermea will expand its offering of commercial, industrial and multi-dwelling residential heating and cooling solutions. The companies will also collaborate in R&D.

GI Holding has 300 employees and manufacturing plants in Italy and Hungary. In the partnership, GI Holding and its brands will continue to operate under their existing names. 

Latest News

13th November 2024

Drew Bowie wins Kooltech Award

UK: Drew Bowie, recently retired after a career spanning 57 years, is this year’s winner of the Kooltech Award for outstanding contribution to the Scottish refrigeration industry.
13th November 2024

DFDS orders first Sunswap trailers

UK: Transportation services company DFDS has ordered the first 10 Sunswap zero-emission Endurance combined solar and battery-powered refrigerated trailers.
13th November 2024

Javac hydraulic expander widens options

UK: The new Javac Edge Hydra-XP9 hydraulic expander comes complete with nine interchangeable imperial expander heads.
13th November 2024

Householders unaware of low-carbon alternatives

UK: Almost half of UK consumers want to buy low-carbon heating solutions, but 73% fear they don’t know enough to make an informed purchase.
13th November 2024

AFR Refrigeration sold to SHEco Group

UK: AFR Refrigeration, the London-based refrigeration importer and wholesaler, has been sold to the SHEco Group.
13th November 2024

Magnificent six battle it out in UK WorldSkills final

UK: Six refrigeration and air conditioning apprentices will battle it out next week for the chance to represent the UK at WorldSkills in Shanghai in 2026.