Johnson Controls prepares to acquire York International

Johnson Controls is to acquire York International for a sum of about $3.2 billion. The expertise of Johnson Controls includes controls and building-management systems. York International is a global supplier of heating, ventilating, air-conditioning and refrigeration equipment and services. York, with estimated sales of nearly $5 billion, will become part of the Controls Group of Johnson Controls. The combination of the Controls Group and York is expected to increase Johnson Controls’ rate of growth in the $200 billion industry for global building environments. The combination of York, a leader in manufacturing and servicing heating and cooling equipment, with Johnson Controls, industry leader in the technologies which control that equipment, is seen as a natural and strategic opportunity. As a result of the combination, Johnson Controls will: • design and sell integrated controls and HVAC&R equipment; • become the largest global provider to the high-margin building-services market’; • capitalise on significant opportunities to supply products and services to each other’s customers.

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First keynote speakers announced by Europump

The first two keynote speakers have been announced for an annual event being hosted by the British Pump Manufacturers Association (BPMA).

‘Landmark’ prosecution of online seller welcomed by REFCOM

The air conditioning and refrigeration industry’s largest safety register REFCOM has welcomed the successful prosecution of online sales company Appliances Direct (AD) for breaching F-Gas Regulations.