Emerson announced an agreement to sell Network Power to Platinum Equity and a group of co-investors. The transaction is valued at $4 billion and Emerson will retain a subordinated interest in Network Power. The sale is expected to close by Dec. 31, 2016, subject to regulatory approvals.
Heating, Air-conditioning & Refrigeration Distributors International (HARDI) released its monthly TRENDS report, showing average sales for HARDI distributor members increased by 15.9 percent in June 2016.
On Saturday, July 30, I had the privilege of attending a signing ceremony between HARDI and Homes for Our Troops (HFOT) at the Southampton Country Club, Richboro, Pennsylvania.
Danfoss, a leading manufacturer of high-efficiency electronic and mechanical components and controls for air-conditioning, heating, refrigeration, industrial, and water systems, has appointed Santiago Martin as head of Danfoss Drives Americas.
HARDI’s 2016 Annual Conference intends to highlight the path to success through hard work, dedication, and grittiness through its 2016 theme Elevate 16: Commit to the Climb.
Kerridge Commercial Systems (KCS), a global company, headquartered in the United Kingdom, has reached an agreement to acquire Mincron Software Systems, based in Houston, Texas, and its successful suite of products.