HOUSTON – DXP Enterprises, Inc. has announced that it has completed the acquisition of Kappe Associates, Inc. Founded in 1946, Kappe is headquartered in Frederick, Maryland, and operates out of three locations servicing Maryland, the District of Columbia, Delaware, Virginia, Pennsylvania, Southern New Jersey and West Virginia.
NEWS
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WESTPORT, Conn. – The AHR Expo (International Air-Conditioning, Heating, Refrigerating Exposition) returned to Chicago for a lively week of learning, reconnecting, perusing and demoing everything new coming to market in HVACR. Notable topics included all things decarbonization—from equipment on the floor to discussions in education programming, refrigerant regulation updates, the heat pump resurgence and the unveiling of many new products that are shaping the path forward for HVACR.
ALEXANDRIA, Va. – The U.S. Stockholm Junior Water Prize (SJWP) was founded in 1997 by the Stockholm International Water Institute (SIWI) to complement the Stockholm Water Prize. The SJWP is the world's most prestigious award presented to a high school student for a water-research project.
Since the prize's inception, WEF has conducted the U.S. SJWP to send a national winner to the international competition.
DAVIDSON, N.C. – Ingersoll Rand Inc. closed on the acquisition of Friulair S.r.l. (Friulair) in an all-cash upfront purchase price of approximately $146M.
TULSA, Okla. – Advanced Industrial Devices (AID), a portfolio company of Black Bay Energy Capital (Black Bay), is excited to announce the acquisition of R.S. Integrators, Inc. (RSI). Headquartered in Pineville, North Carolina, RSI designs and manufactures electric motor control systems and power distribution panels for the water utility, wastewater and various other industrial markets.
MANSFIELD, Ohio – Danielle Hunter has joined Warren Rupp as their new vice president – industrial distribution. Hunter will lead Warren Rupp’s global sales team supporting industrial distribution, as well as the customer service, inside sales and technical services teams.
ST. LOUIS, Mo. – Control Devices, LLC, a portfolio company of HBM Holdings, has announced that it has acquired Gilmore. The acquisition expands Control Devices’ flow control solutions portfolio while widening its reach in the oil and gas market. The acquisition also broadens HBM Holdings’ expertise in the flow control sector.
KIEL, Germany – Two new managing directors strengthen the management team of the Sauer Compressors Group. The compressor manufacturer has appointed Nicole Fässler as CFO and Mladen Milcinovic as COO as of January 1, 2024.
BJERRINGBRO, Denmark – Grundfos has announced the appointment of Inge Delobelle as executive vice president and Divisional CEO, Industry. She assumes the role on March 1, 2024 and will join Grundfos’ group management.
Delobelle is an experienced, international executive with more than 10 years of experience on executive level, driving business operations in multinational industrial companies of ThyssenKrupp, most recently holding the role as CEO for TK Elevator Europe and Africa.
BALTIMORE, Md. – Danfoss Drives has announced that Hannes Leichtfried has been appointed head of sales and marketing for the Drives business segment in North America. With nearly 30 years of experience at Danfoss in Austria and Germany, Leichtfried, an Austrian native, is excited to continue to build the North America Drives business.