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

Nexson Group acquires Thermowave

FRANCE: French heat exchanger manufacturer Nexson has acquired Thermowave, a sister company of German refrigeration equipment manufacturer Güntner and subsidiary of Vienna-based A-Heat AG.

Based in Berga in Saxony-Anhalt, Thermowave was formed in 1992 to manufacture plate heat exchangers. The Nexson Group, headquartered in Burgundy in central France, is a privately owned producer of welded heat exchangers and pressure vessels.

According to Nexson, Thermowave’s gasketed and semi-welded plate heat exchangers will complement its current product portfolio. It will continue to operate as a stand-alone entity under its existing name. 

In a statement, the company said: “We are confident that Nexson Group with the acquisition of Thermowave will utilise significant future growth opportunities with positive impact for customers globally in search of a wide range of reliable, quality heat exchangers from one single source.”

Thermowave’s main sales area comprises the DACH region, France, eastern Europe, Asia and America. Its main business line is refrigeration and air conditioning technology for the chemical and industrial sectors. 

Latest News

25th December 2024

Heat pump training in line with demand

UK: The UK government insists that the number of UK heat pump installers is in line with current workforce training demands.
24th December 2024

Removal of high GWP refrigerant from US nuclear site continues

USA: More than two-thirds of the 8,500,000 lb (3,855 tonnes) of high GWP refrigerant R114 has been removed from a former US uranium enrichment plant in Kentucky. 
24th December 2024

Warsaw to welcome €400m sewage heat pump project

POLAND: Energy producer PGNiG Termika SA and the Warsaw Municipal Water and Sewage Company (MPWiK) have signed agreements to build one of the largest sewage heat pump installations in the…
23rd December 2024

Systemair buys remaining shares in HSK

SWEDEN/TURKEY: Systemair has acquired the remaining shares in Turkish air handling units manufacturer HSK.
22nd December 2024

Indoor units for large spaces

UK: Panasonic Jet Air Stream indoor units provide high air volume and long throw distance for large spaces.
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).