CSafe opens new service station in Hyderabad, India

MONROE, Ohio – U.S. based company CSafe, held a grand opening celebration for the company’s new Hyderabad service station on Nov. 11, 2022. India’s recent investment and commitment to the pharmaceutical industry via the planned Pharma City development in Hyderabad which is poised to be the world’s largest integrated pharma cluster demands consistent access to top quality temperature-controlled […]

Get your Free Entry Ticket for Smart Cold Chain Expo, Hyderabad, India

If you use cold storage, refrigerated vans and trucks, cold rooms, deep freezers, and refrigeration solutions to store, transport, export and distribute your agricultural produce, fresh fruits, and vegetables, grains, spices, or any perishable product or produce, then you must attend the Smart Cold Chain Expo to build an exclusive network, stay connected with expo […]

Danfoss announces intent to acquire German compressor manufacturer BOCK Gmbh to strengthen expertise in CO2 and natural refrigerants technology

  • BOCK GmbH, originally founded in 1932, is a technology and innovation leader in its field and offers one of the world’s largest portfolios of semi-hermetic compressors for natural refrigerants
  • With the acquisition, Danfoss is investing significantly in broadening its scope of sustainable, clean technologies to speed up the green transition in commercial refrigeration systems 
  • The transaction is subject to regulatory approval and is expected to close no later than Q1 2023

Bangalore: Danfoss has announced the intent to acquire compressor manufacturer BOCK GmbH, headquartered in Frickenhausen, Baden-Württemberg, Germany, from NORD Holding GmbH.

With over 50 years of history and assets under management of € 2.5 billion, NORD Holding is one of the leading private equity asset management companies in Germany.

Developing compressors for the natural refrigerant CO2 since 1993, BOCK is a global technology leader in the field of environmentally friendly, economical compressors.

According to the International Institute of Refrigeration, refrigeration technology and air conditioning take up about 15 % of the electricity consumption worldwide, making the quest for energy efficient solutions ever more relevant. Intelligent solutions, combining high energy efficiency and low-GWP refrigerants, both natural and synthetic, are the road to sustainable refrigeration and air conditioning. By acquiring BOCK GmbH, Danfoss takes a proactive approach to further the development and use of low-GWP refrigerants to help abate global warming and to ensure the competitiveness of the industry.

Latest technologies being used by polymer manufacturers to create innovative profiles for commercial refrigeration

Refrigeration is arguably one of the most advanced innovations of the century, reshaping communities around the world by improving quality and longevity of stored products and overall quality of life. Unlike any other sector in history, the commercial refrigeration industry is going through a time of unprecedented innovation. Presently and regardless of the type of […]

University of Birmingham and Indian State of Haryana signed a MOU for sustainable cold chain

Sustainable cooling experts came to Birmingham for a global summit organised by the Centre for Sustainable Cooling (CSC) – taking the next steps towards delivering sustainable and resilient cold-chains in a warming world. At the summit, the University of Birmingham and the Indian State of Haryana signed a Memorandum of Understanding (MoU) to develop a […]

Danfoss India commences career support program for girl students in TN Govt Schools

Danfoss India, kick-started a career intentionality program, ‘Puthri’ for underprivileged girl students at Govt. High School, Panrutti, in the presence of Anju Mary Kuruvilla, Director-Danfoss India, Eswar Balasubramanian, VP- AHCT, Thiru. Kandeeban, Headmaster- Panrutti High School, students, teachers, and Danfoss volunteers for the Puthri program. The program’s objective is to develop select girl students to […]

Luxembourg-based medical cold chain solution provider B Medical Systems inaugurates it’s new office in New Delhi

New Delhi: Luxembourg-based medical cold chain solutions provider B Medical Systems has announced the inauguration of its new office based out of New Delhi, India, for its India subsidiary.  The office was inaugurated by the Hon. Former Secretary for the Government of India, Shri C. K. Mishra, and the event was graced by the presence of […]

TESSOL raises INR 7.5 Cr from Mela Ventures

Mumbai/New Delhi: TESSOL, The Indian Cold Chain Solution provider that aims to solve the last-mile distribution problem, has raised INR 7.5 crore from Mela Ventures. Existing Investors, 1crowdAngels and 1Fund, will also participate in this round. The funds raised will be utilised in geographical expansion, capacity building, team building, new products, and application development. The journey […]