BITZER and automation expert Wurm have signed a joint venture agreement in which the compressor manufacturer will become the majority shareholder of the newly established Wurm Holding GmbH.
As a manufacturer of electronic system solutions for refrigeration, air conditioning and ventilation applications, all national and international Wurm companies will be integrated into the new holding company from January, subject to the approval of the competition authorities.
REFCO welcomed more than 100 guests from 30 countries to Lucerne to help celebrate its 45th anniversary.
The Swiss manufacturer of service tools and components for the air conditioning and refrigeration industry has grown significantly since 1972, with exports now accounting for more than 95 per cent of its total sales. Customers and business partners joined REFCO employees and their families to hear chief executive Manfred P. Ulrich outline plans for expansion into new markets and the continued development of new products.
Guests were able to tour the company's headquarters, as well as Manometer and Feinwerktechnik Wiegand, to see the manufacturing processes and learn about new products, including REFCO's condensate pumps and wireless pressure and temperature set, TAP.