In the business of refrigeration, there have been recent developments in refrigerant research, supermarket energy-efficiency improvements, and the acquisition of a commercial refrigeration equipment manufacturer.
Rheem reported it has acquired Heat Transfer Products Group (HTPG) of Scottsboro, Ala., from Monomoy Capital Partners. Rheem is a manufacturer of heating, cooling, water heating, and pool/spa heating products for both residential and commercial applications. HTPG is a manufacturer of commercial refrigeration equipment for the foodservice, food retail, and other nonconsumable markets.